Could PSPCL Overcome Financial Strife With Solar Deals? Updated On Thu, Jan 11th, 2024 by Saurenergy Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn’t have failed to notice the higher frequency of solar tenders from the state entity in […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
Tripura To Connect 9,250 Remote Houses With Solar Micro Grids Updated On Thu, Jan 4th, 2024 by Saurenergy As the Central Government continues its infrastructure blitz in the North East, it has now allocated Rs 81 crore to the state of Tripura for the establishment of 274 solar microgrids in remote areas of the state. The solar based microgrid would illuminate more than 9,000 households and the initiative is part of the Ministry […] Read more
Power Grid Wins Bids For ISTS Transmission Line Between Rajasthan-Delhi Updated On Wed, Jan 3rd, 2024 by Saurenergy Electricity transmission company Power Grid Corporation Of India (Power Grid) was declared a successful bidder under a tariff based competitive bidding (TBCB) for a transmission project in Rajasthan. A Letter of Intent (LoI) issued on dated 29th December 2023, which has been received by Power Grid Corporation of India Limited on 1st January 2024. “In […] Read more
SJVN Commissions 75 MW Gurhah Solar Power Plant In Uttar Pradesh. Updated On Wed, Jan 3rd, 2024 by Saurenergy Satluj Jal Vidyut Nigam Limited (SJVN) Limited chairman & managing director (CMD) Nand Lal Sharma announced that its 75 MW Gurhah solar power plant located in district Jalaun, Uttar Pradesh (UP) has achieved commercial operation. With the commissioning of this project, the installed capacity of SJVN currently stands at 2227 MW. He further stated, “SJVN has implemented […] Read more
CERC Rejects Punjab Discom’s Plea To Penalize Adani Green Over Delays Updated On Wed, Jan 3rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement declined the petition of Punjab State Power Corporation Limited (PSPCL) against Adani Green Energy. The Punjab discom had pleaded with the CERC to reduce the tariff of 50MW of a Gujarat-based wind power project developed by Adani Green due to the delay in the commencement of the […] Read more
Chandigarh Open Access Consumers May Get Green Power @Rs 6.75/unit Updated On Wed, Jan 3rd, 2024 by Saurenergy The Joint Electricity Regulatory Commission (JERC) for the state of Goa and Union Territories has now come up with a draft discussion paper to compute the green energy open access tariff in Chandigarh. This comes after the Union government issued a notification last year allowing green energy through open access to consumers even with less […] Read more
SECI Issues Tender For 1500 MW Of ISTS-Linked Solar Projects Updated On Tue, Jan 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender seeking developers to establish solar-generating projects for the Inter-State Transmission System (ISTS). The central entity sought the tender under the tariff-based competitive bidding mode. As per SECI’s mandate, the developers would develop the projects under Build Own Operate (BOO) basis for an aggregate capacity […] Read more
