RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12 Updated On Fri, Sep 4th, 2020 by Saurenergy On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
Greenko Signs MoU With NTPC to Explore RE and Storage Solutions Updated On Thu, Aug 27th, 2020 by Saurenergy Greenko has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions across India Energy solutions provider Greenko Energies has announced that it has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions. The company has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar […] Read more
TANGEDCO to Pay Dues For 26.85 MW of Wind Projects Updated On Mon, Aug 24th, 2020 by Saurenergy TNERC passed orders in four cases and found TANGEDCO to be at fault at each count The state distribution company of Tamil Nadu, Tamil Nadu Generation and Distribution Corporation (TANGEDCO) must now swiftly pay pending dues to wind power generators in Tamil Nadu. Dues amounting to Rs.2,40,63,241 are owed by TANGEDCO to wind energy project […] Read more
NTPC To Move Ahead on Separate Renewable Energy Arm Updated On Mon, Aug 24th, 2020 by Saurenergy Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
