UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh Updated On Wed, Jun 5th, 2019 by Saurenergy MPPMCL has issued an EoI for the demonstration and selection of technology for providing energy storage services of up to 500 MW and setting up energy storage manufacturing facility in Madhya Pradesh. The Madhya Pradesh Power Management Company (MPPMCL) intends to execute Energy Storage Projects in the state to make optimum use of energy resources […] Read more
CERC Finalises 5th Amendment For Deviation Settlement Mechanism Updated On Fri, May 31st, 2019 by Saurenergy The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
Punjab Commission Hikes Average Tariff by 2.14% Across Categories Updated On Tue, May 28th, 2019 by Saurenergy Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […] Read more
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Maharashtra Discom Warned Over Late Payment to Wind Developers Updated On Wed, May 22nd, 2019 by Saurenergy If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […] Read more
Draft Model Regulations For Distributed Renewable Energy Sources Issued by FoR Updated On Fri, May 17th, 2019 by Saurenergy The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. According to the forum, the discoms will implement a web-based application processing system for handling the applications for distributed renewable energy systems within three months from the date of notification of […] Read more
