Govt Amends Bidding Norms For HVDC Projects Under ISTS Updated On Thu, Aug 10th, 2023 by Saurenergy The Ministry of Power has now issued an order amending its Standard Bidding Document for the procurement of Inter-State Transmission System (ISTS) power through tariff-based competitive bidding (TBCB) process under the High Voltage Direct Current (HVDC) transmission system. The new order proposed modifying para 2.1.2 to make changes to the eligibility criteria of the bidders. The ministry […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
NTPC REL Wins RUMSL’s 80 MW Floating Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy NTPC Renewable Energy Limited, a subsidiary firm of energy conglomerate NTPC, has emerged successful in bidding for a 80 MW floating solar project at Khandwa, Madhya Pradesh. The tariff at which the firm won the tender floated by RUMSL (Rewa Ultra Mega Solar Limited) is an impressive INR 3.80 kWh. RUMSL is joint venture between […] Read more
Lower Auction Volumes, Supply Chain Challenges May Slowdown 20% of India’s PV Capacity Additions in ’23: IEA Updated On Tue, Aug 8th, 2023 by Saurenergy The IEA (International Energy Agency), in its latest study, “Renewable Energy Market Update 2023 & 2024” has offered significant insights on worldwide markets in the renewable segment. The revelations of the report are as follows- Global Renewable Capacity Additions As per the report, the global renewable capacity additions are set to soar by 107 gigawatts […] Read more
RERC Grants Compensation To Solar Firm Over Change Of Law Updated On Tue, Aug 8th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the Solar Energy Corporation of India (SECI) to pay compensation to Palimarwar Solar House Private Limited, a solar developer over ‘Change of Law’ events. These change of law events were related to the increase in the Customs Duty of imported solar inverters and the levy […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
Power Thefts: RERC Asks Discoms To Recover Fuel Charges Too Updated On Mon, Aug 7th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the state discoms to recover fuel surcharges in addition to the recovery of electricity charges from power consumers indulged in unauthorized connections. The order came to the fore after three discoms in Rajasthan–Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), Ajmer Vidyut Vitran Nigam Ltd. (AVVNL) […] Read more
NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up Updated On Mon, Aug 7th, 2023 by Saurenergy National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […] Read more
India’s Installed Power Capacity Twice Its Peak Demand: Singh Updated On Fri, Aug 4th, 2023 by Saurenergy Union Power Minister RK Singh said today that India’s total installed electricity generation capacity is now almost double its peak demand. He also boasted that due to the transformation of the Indian power sector, the export of power to neighboring countries became a reality. The minister said, “Today, India has an installed capacity of 421,000 […] Read more
