Reduction in Power Cost due to Prepayment by Customers: Power Ministry Updated On Wed, Jan 29th, 2020 by Saurenergy The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […] Read more
HPERC Sets Levelised Tariff for Solar Projects for Last 6 Months of FY19-20 Updated On Tue, Jan 28th, 2020 by Saurenergy HPERC has set the generic levelised tariff for solar PV projects for the last six months of the financial year FY 2019-20 between Rs 3.93 and 4.06/kWh The Himachal Pradesh Electricity Regulatory Commission (HPERC) has in its latest order set the generic levelised tariff for solar PV projects for the last six months of the […] Read more
Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans Updated On Mon, Jan 6th, 2020 by Saurenergy Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power Updated On Fri, Jan 3rd, 2020 by Saurenergy MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […] Read more
SECI Invites EoI for Buying & Blending Power with Renewable Energy Updated On Fri, Dec 27th, 2019 by Saurenergy The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm. With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators. As per the SECI […] Read more
The Potholes of 2019 for India’s Solar Drive Updated On Tue, Dec 24th, 2019 by Saurenergy Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more
MNRE Issues Guidelines for Decentralised Solar Plant Development Updated On Fri, Dec 13th, 2019 by Saurenergy In a bid to promote decentralized solar energy and availability of affordable and reliable solar power in rural areas of the country, the Ministry of New and Renewable Energy (MNRE) has formulated draft guidelines for the development of decentralized solar power plants. The government said that its motive behind issuing these guidelines is to provide […] Read more
