Rihand Floating Solar Project Hobbles Ahead, With UPERC Approval On Tariffs Updated On Tue, Aug 3rd, 2021 by Saurenergy Plans for a floating solar project, totaling 150 MW on the Rihand reservoir (linked to Rihand Dam) have finally crossed an important milestone, with the UPERC (Uttar Pradesh Electricity Regulatory Commission) finally approving the same, although not without some mild admonitions to SECI. The order was dated July 30, 2021, and uploaded later to the […] Read more
CERC Declines to Review Order on Tariffs on Plea by TPDDL Updated On Mon, Jul 26th, 2021 by Saurenergy In a judgement released on July 24, 2021, the Central Electricity Regulatory Commission (CERC) has rejected the plea of Tata Power Delhi Distribution Limited (TPDDL) to review an old order which carried incorrect tariff figure with regards to a power supply agreement signed with Solar Energy Corporation of India (SECI). The issue was the inadvertent […] Read more
R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment Updated On Fri, Jul 16th, 2021 by Saurenergy In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on self reliance in renewable energy manufacturing organised by the Confederation […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
NHPC’s Tariffs For 2000 GW ISTC Solar Adopted By CERC, But Regulator Not Happy Updated On Thu, Jun 3rd, 2021 by Saurenergy NHPC’s largest solar tender to date, the 2000 MW ISTS connected tender, which it concluded in July 2020 by allotting LOA’s (Letter of Award) to the 7 final successful bidders, has got tariffs for the projects adopted finally, after a slight delay. But what should have been a standard procedure turned into a slightly embarassing […] Read more
Power Ministry Writes to States/UTs to Issue Tariff Orders on Time Updated On Thu, May 6th, 2021 by Saurenergy The Ministry of Power in a letter to state and UT energy departments and SERCs has requested for the timely issuing of tariff orders The Ministry of Power in a letter to state and UT energy departments and State Energy Regulatory Commissions has requested for the timely issuing of tariff orders under the Electricity Act, […] Read more
CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project Updated On Mon, Apr 19th, 2021 by Saurenergy The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […] Read more
