NHPC Awards Contracts For CPSU 1000 MW Solar Projects Updated On Fri, May 13th, 2022 by Saurenergy Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
In Relief For Developers, TNERC Revises Order On Solar Tariff By Changing Accounting Norms Updated On Mon, May 9th, 2022 by Saurenergy In a relief to the developers involved, Tamil Nadu Electricity Regulatory Commission (TNERC) has revised solar tariff for FY 2017-18 on an Appellate Tribunal for Electricity (APTEL) remand matter filed by National Solar Energy Federation of India Limited (NSEFI), the latter has reported. In its latest order, TNERC has revised tariff from Rs 5.10 to 5.68/kWh, […] Read more
MSEDCL floats 431 MW solar tender in Maharashtra Updated On Mon, May 9th, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 431 MW solar power from decentralised solar projects of minimum 0.5 MW to maximum 2 MW capacity under component-A of PM Kusum Scheme to be developed in Maharashtra. Key details of the tender released by MSEDCL are as follows: Pre-bid Conference Meeting Date […] Read more
Origis Energy Secures $375 Million Credit for Solar, Storage Projects Updated On Thu, May 5th, 2022 by Saurenergy Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Jakson Group wins bid for O&M of NTPC Bhadla Solar Power Plant Updated On Fri, Apr 29th, 2022 by Saurenergy To strengthen its legacy as an energy solution provider, Jakson Group, one of the India’s fastest-growing energy companies, won a bid for comprehensive Operation and Maintenance (O&M) for 260 MW Bhadla Solar PV Plant located at Bhadla Solar Park in BAP, Rajasthan. Jakson Group will have the responsibility to continuously monitor the site for all […] Read more
DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears Updated On Fri, Apr 29th, 2022 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […] Read more
Tata Power, NAREDCO Collaborate To Set Up 5000 EV Charging Stations in Mumbai Updated On Fri, Apr 29th, 2022 by Saurenergy National Real Estate Development Council (NAREDCO) – one of the premier bodies of real estate in India – and Tata Power have announced a collaboration to set up 5000 electric vehicles’ charging stations in Mumbai. The charging stations will come up in the properties or residences of the developers who are members of NAREDCO. The […] Read more
