Adani Transmission Wins RE Evacuation Projects in Tamil Nadu & Gujarat Updated On Tue, Dec 28th, 2021 by Saurenergy Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received Letters of Intent (LoI) for the acquisition of two renewable energy evacuation systems: Karur Transmission Ltd. in Tamil Nadu and Khavda-Bhuj Transmission Ltd. in Gujarat. Accordingly, ATL will build, own, operate and maintain the transmission projects […] Read more
Sterlite Power Acquires Nangalbibra-Bongaigaon ISTS Project from PFC Updated On Tue, Dec 28th, 2021 by Saurenergy New Delhi-based Sterlite Power Transmission Limited has announced the acquisition of Nangalbibra ─ Bongaigaon Transmission Limited, a Special Purpose Vehicle (SPV), from PFC Consulting Limited. Through this SPV, the company will execute the inter-state transmission system (ISTS) project that it won through tariff-based competitive bidding in October 2021. The project involves setting up of ~300 […] Read more
Could 2022 be Offshore Wind’s Year Of Acceptance and Growth? Updated On Mon, Dec 27th, 2021 by Saurenergy In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […] Read more
Poland Awards 870MW Solar & 460MW Wind Capacity in RE Auctions Updated On Fri, Dec 24th, 2021 by Saurenergy The Energy Regulatory Authority (URE) of Poland has selected 1.33 GW of solar and wind power capacity in 3 renewable energy auctions held in December 2021. Solar’s share is 870 MW of the total. Out of 5 auctions held in this month, only 3 were concluded, according to the URE, but all for new installations. […] Read more
Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI Updated On Fri, Dec 24th, 2021 by Saurenergy In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its 6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more