Punjab Power Crisis The Worst Case Scenario For Poor Policy Decisions Updated On Fri, Jul 2nd, 2021 by Saurenergy Less than 72 hours after Union Minister R.K. Singh spoke about a target of 24×7 power, Punjab, one of the most prosperous North Indian states, is plunged into a power crisis. In this crisis lies the case for some of the biggest reforms that have been pending due to resistance from multiple states, including Punjab […] Read more
ACME Solar’s Rajasthan Projects Back On Track, After Withdrawal OF Termination Notice Updated On Thu, Jul 1st, 2021 by Saurenergy ACME Solar, which had filed for termination of some of its solar projects in Rajasthan, has withdrawn the termination notice, following an amicable settlement of the issue with SECI (Solar energy Corporation of India). This was informed by the firm at the Central Electricity Regulatory Commission (CERC), where it had filed the plea for termination. […] Read more
MNRE Extends Commissioning Date of RE Projects Due to Covid-19 Updated On Wed, Jun 30th, 2021 by Saurenergy As the nation is struggling to overcome the second wave of the Covid-19, various sectors have been affected along with several projects which couldn’t get commissioned on their stipulated dates. One of them is the Renewable Energy (RE) sector and the RE projects, and now the Ministry of New and Renewable Resources (MNRE) has extended […] Read more
HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21 Updated On Tue, Jun 29th, 2021 by Saurenergy Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […] Read more
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Amid Rising Module Cost, Returns of Projects May Drop by 200 bps: Crisil Updated On Mon, Jun 28th, 2021 by Saurenergy According to CRISIL Ratings’ estimates, rising module prices may diminish returns for 12 GW of bid out solar projects by ~200 bps and inflate tariffs of future bids by 10-15 paise per unit. CRISIL, an Indian subsidiary of the US company S&P Global, is an analytical company providing ratings, research, and risk and policy advisory […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi Updated On Thu, Jun 24th, 2021 by Saurenergy The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […] Read more
