Why Resisting Calls To Hold Back Amendments to Electricity Act Is Vital Updated On Tue, May 12th, 2020 by Saurenergy Even as the Electricity Act Amendment Bill, that seeks to make crucial changes to the Electricity Act (2003) is seemingly on the verge of being finalised for passing, resistance has finally started showing up. Predictably, it is Tamil Nadu, a state which has some of the highest market distortions in its power market, that has […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Govt Needs to Extend Incentives for Domestic Manufacturing, Exploit Skilled Manpower: Jaideep N. Malaviya Updated On Thu, Apr 30th, 2020 by Saurenergy The glass components like vacuum tubes or curved mirrors are largely imported being specialised. India’s solar thermal market is steady hence gives confidence for “Make in India”. However, government needs to extend incentives for manufacturing and exploit the domestic skilled human resources. In short “Opportunities Infinite but Challenges Many Ahead”, believes Jaideep N. Malaviya, Secretary […] Read more
ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
Residential Solar. Market Yes, But Marketing? Updated On Wed, Apr 29th, 2020 by Saurenergy Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
MoP Extends Deadline for Comments on Draft Electricity Bill 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy MoP has extended the deadline for submission of comments/ suggestions by the industry stakeholders on the draft Electricity (Amendment) Bill 2020. The Ministry of Power (MoP) has written to all interested stakeholders i.e. CEA, CERC, state governments, Discoms, etc. informing them of the extension in the deadline for submission of comments/ suggestions on the draft […] Read more
MNRE Extends Off-Grid & Decentralised Solar PV Applications Programme Phase-III Updated On Sat, Apr 25th, 2020 by Saurenergy In a next spell of extensions, the Ministry of New and Renewable Energy (MNRE) has extended the third phase of off-grid and decentralized solar photovoltaic (PV) applications programme till FY20-21. The Ministry further instructed that “the implementation agencies will continue to implement the scheme as per the approved guidelines dated 07-08-2018 and amendments thereof.” However, […] Read more
