CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
SJVN Begins Operating 75 MW Parasan Solar Project in Uttar Pradesh Updated On Fri, Nov 25th, 2022 by Saurenergy The state-run company, SJVN Ltd.’s 75 MW Parasan Solar Power Project, Uttar Pradesh, has achieved commercial operation, according to Nand Lal Sharma, Chairman & Managing Director. The installed capacity of SJVN is now 2091.5 MW. To build a 75 MW solar power project at the Parasan Solar Park in Uttar Pradesh, state-owned SJVN signed a […] Read more
NLC India Strives for 6 GW Renewables Capacity at Decade-End Updated On Thu, Nov 24th, 2022 by Saurenergy India’s public sector is bullish on the renewable energy segment; all credit to government efforts and the deep pockets of the enterprises. In a fresh development, NLC India Ltd – a state-owned enterprise formerly called Neyveli Lignite Corporation – is now looking to swell up its renewable energy generation capacity to more than 6 GW […] Read more
Regulatory Affairs Expert Updated On Mon, Nov 21st, 2022 by Saurenergy Drafting & filing of Petitions Tariff calculation PPA vetting Statutory clearances & compliance Strategic Planning & Management Liaison & Coordination External Correspondences & Representation with Project Stakeholders & Government Bodies Your Profile:- Detailed understanding of Power Sector Policies /Regulations /Orders issued by CERC/ SERCs/ CEA / MOP/ MNRE/ CTU etc. Have worked in Power Sector […] Read more
Uttarakhand Releases Draft Solar Power Policy 2022; Offers Benefits to Power Generators Updated On Sun, Nov 20th, 2022 by Saurenergy The Uttarakhand Government has released the draft of the Uttarakhand State Solar Policy 2022 and has invited public comments and recommendations on it. The draft solar policy will be implemented by the energy department and will be aimed at providing relief to those who will set up solar plants upto 25 MW in Uttarakhand. As […] Read more
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh Updated On Fri, Nov 11th, 2022 by Saurenergy State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
RRECL Floats 50 MW of Solar Tender in Rajasthan Under Resco Model Updated On Wed, Nov 9th, 2022 by Saurenergy Rajasthan Renewable Energy Corporation Limited (RRECL) has invited bids for 50 MW of solar tender with grid-connected rooftop SPV power plants of different capacities for government undertaking buildings anywhere in Rajasthan under the RESCO model. The last date for submitting the online bid is November 28, 2022, till 04:00 pm. Bids will be opened on […] Read more
