RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan Updated On Tue, May 30th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur. The RERC order came to the fore after the discoms in Rajasthan moved a […] Read more
SNEC Diary- Solar Shines Bright Updated On Mon, May 29th, 2023 by Saurenergy At SNEC PV Power Expo 2023 in Shanghai, the show remained about the tremendous China story in the sector, with over 95% of 2,700 odd exhibitors from that country. This year, total indoor and outdoor halls were increased to 34, covering a total exhibition area of 270,000 square meters. Over 2,00,000 visitors made the trip […] Read more
Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra Updated On Fri, May 26th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […] Read more
Wood Mackenzie: China’s Solar Exports Boom 64% In 2022 Despite Global Trade Tensions Updated On Wed, May 24th, 2023 by Saurenergy A new report from Wood Mackenzie has revealed that solar exports of China grew 64% to $52 billion in 2022 despite global trade tensions. Wood Mackenzie research director Alex Whitworth held that trade tensions have taken a back seat to high power prices driven by the energy crisis, and this is causing consumers and developers […] Read more
Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit Updated On Tue, May 23rd, 2023 by Saurenergy Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs. It comes after the Gujarat Urja Vikas Nigam Ltd (GUVNL) moved a petition […] Read more
GIPCL Gets 600 MW LOI for Khavda Solar Project from GUVNL Updated On Mon, May 22nd, 2023 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Letter of Intent, dated May 16, 2023 to Gujarat Industries Power Company Limited (GIPCL), received on May 20, 2023 for 600 MW capacity solar photovoltaic power projects at Khavda. Pursuant to the LOI, GIPCL is required to sign a PPA with GUVNL as a part of […] Read more
Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage Updated On Thu, May 18th, 2023 by Saurenergy PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […] Read more
With 300 MW Win In REMCL RTC Tender, Ayana Energy Portfolio Set To Expand To 5 GW Updated On Wed, May 17th, 2023 by Saurenergy Bengaluru headquartered Ayana Renewable Power is set to expand it’s portfolio size to over 5 GW with the allotment of 300 MW for itself in the REMCL (Railway Energy Management Company Limited) RTC tender. REMCL is a JV between the Railways and RITES. Other winners in the crucial tender were NTPC with a 500 MW […] Read more
