Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
APTEL Sets Aside KERC Order, Restores Benefit To Solar Developer Updated On Tue, Aug 17th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a small solar power developer, Hunsankodilli Solar Power Project LL.P (developer) that has set up a 3 MW solar plant in Karnataka. The ruling follows a similar one declared early in August where the apex authority had taken a similar view. The developer had […] Read more
Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
APTEL Swayed By Solar Developer’s Appeal Of Financial Distress Updated On Fri, Aug 13th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […] Read more
MNRE Invites EoI for Evaluation of Solar Park Development Scheme Updated On Thu, Aug 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EoI) from reputed experts and consultancy firms for evaluating the “Development of Solar Parks and Ultra Mega Solar Power Projects” scheme, which the ministry has been implementing since December 2014. The main objective of the scheme is to set up at least 50 […] Read more
Tata Power, AlJomaih Winners in RUMSL’s 500 MW Neemuch Solar Park Auction Updated On Wed, Aug 11th, 2021 by Saurenergy RUMSL’s third 500 MW auction continued to attract ever lower bids, as TP Saurya (Tata Power), and Saudi firm AlJomaih Energy and Water Company, pocketed the Neemuch park bids. While Tata Power won two parcels of 170 MW and 160 MW at Rs 2.14 and 2.149 respectively, Aljomaih won the remaining 170 MW with a […] Read more
Domestic Solar Manufacturers Collateral Damage In Tussle Between Govt And SC Updated On Wed, Aug 11th, 2021 by Saurenergy The ongoing tussle between the union government and the Supreme Court, where the apex court has repeatedly expressed its displeasure at the slow pace of filling of vacancies in courts, and lately in tribunals too, has come back to hurt solar manufacturers. Of course, for the sector as a whole, this is not the first […] Read more
Report Highlights Risks From Inaccurate Irradiation Data To Solar Projects In Africa Updated On Tue, Aug 10th, 2021 by Saurenergy A recent report developed by a solar electricity provider to African enterprises, CrossBoundary Energy (CBE), says that Data irregularities in estimating solar production can have significant impacts on both technical teams and solar buyers. Solar production/ solar irradiation is the measurement of how much sunlight shines in each location and therefore how much electricity a […] Read more
GSECL Tenders for 224 MW of Grid-Connected Solar Projects Updated On Mon, Aug 9th, 2021 by Saurenergy A wholly-owned subsidiary of the Gujarat Urja Vikas Nigam, Gujarat State Electricity Corporation Limited has floated a tender for a 224 MW solar Photovoltaic grid-connected power plant. The tender has been issued for the power plants ranging from 10 MW to 55 MW at various substations of GETCO of Surendranagar, Morbi Kutchh, Jamnagar & Surat […] Read more
