IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market Updated On Thu, Feb 3rd, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
Apollo Tyres ties up with Tata Power to build EV Charging Stations Updated On Thu, Feb 3rd, 2022 by Saurenergy In what could prove to be a major thrust to the ongoing efforts of the industry towards electric vehicle charging stations, tyres giant Apollo has joined hands with Tata Power to create public charging across India. Initially, these charging stations will be deployed at Apollo Tyres’ commercial and passenger vehicle zones. This partnership is aimed at utilising […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
Dalmia Cement Bharat Increases Solar Capacity to 17 MW Updated On Thu, Feb 3rd, 2022 by Saurenergy The Rs 10510 crore turnover (2020-21) Dalmia Cement (Bharat) Limited (DCBL), an Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited, has increased its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha. Spread over 49 acres, the solar power plant is expected to generate 25.52 MU/PA, to be […] Read more
NTPC Invites Tender For RO Plants and Solar Powered ATMs Updated On Wed, Feb 2nd, 2022 by Saurenergy National Thermal Power Corporation Limited (NTPC Ltd.), has notified a tender invitation for Operation and Maintenance (O&M) of Reverse Osmosis (RO) Plants with Solar Powered ATMs and Delivery of Safe Drinking Water at Seven Different Villages around NTPC Sipat, Chhattisgarh, for a period of two years. The deadline for the submission of bids is February […] Read more
SECI Announces Results of 1800 MW of Solar, Wind Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […] Read more
AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY Updated On Wed, Feb 2nd, 2022 by Saurenergy Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more