In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
SECI Confirms Migration of Tenders From TCIL to ISN-ETS Updated On Mon, Jul 1st, 2019 by Saurenergy With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
BSE India INX Launches Dedicated Green Bonds Trading Platform Updated On Thu, Jun 13th, 2019 by Saurenergy BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
CERC Passes Order, GST to be Covered Under “Change in Law” Updated On Tue, Apr 16th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […] Read more
SECI Reschedules Pre-Bid Meeting for 7.5 GW J&K Tender Updated On Wed, Feb 6th, 2019 by Saurenergy The pre-bid meeting scheduled for February 15, 2019, has been rescheduled for February 18, 2019. The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for its RfS issued for 7500 MW Grid connected Ultra Mega Solar PV Projects in Leh and Kargil Districts, Jammu & Kashmir. The tender which was issued on […] Read more
SECI Issues NIT for Deployment of RE Projects with Storage at Lakshadweep Updated On Mon, Feb 4th, 2019 by Saurenergy SPDs will also be responsible for the successful O&M of the project for a period of 10 years. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for deployment of Renewable Energy Projects along with a linked Battery Energy Storage System (BESS) in the Union Territory of Lakshadweep. The brief […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more