Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
CADD Centre Launches 12 Courses in EV Technology Updated On Tue, Feb 4th, 2020 by Saurenergy CADD Centre, Asia’s largest network of engineering design-training institutes, has launched 12 courses in Electric Vehicle (EV) technology. CADD Centre, Asia’s largest network of engineering design-training institutes, has launched courses in Electric Vehicle (EV) technology. The courses cover the entire spectrum of this emerging field, covering design, manufacturing, repair, maintenance and setting up the charging […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
Spain Closes 2019 With Nearly Half Renewable Energy Mix Updated On Sat, Jan 25th, 2020 by Saurenergy According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […] Read more
The Azure Power Investor Presentation for 2020-2025- Highlights Updated On Tue, Jan 21st, 2020 by Saurenergy As one of the few firms that are publicly listed, the Inderjeet Wadhwa founded Azure Power, listed at the NYSE (New York Stock Exchange in October 2016), Azure Power commands a special cachet in the Indian solar sector. Unlike many of its peers, not only has it stuck to solar, but also narrowed its focus […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging Updated On Mon, Jan 20th, 2020 by Saurenergy Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […] Read more
