CERC Awards Compensation To Avaada For Increased GST Rates Updated On Wed, Jan 17th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to Avaada Sustainable RJProject Pvt Ltd. (ASRPL) due to increased GST rates on solar equipment. The order was passed after the subsidiary of Avaada moved the Central Commission, citing an increase in its project cost due to an increase in the GST rates […] Read more
Solar Boat Sails On Saryu River In Ayodhya In Testing Mode Updated On Wed, Jan 17th, 2024 by Saurenergy A solar-powered electric boat has been introduced on the holy Saryu River marking a significant milestone in the country. Following the directives of Chief Minister Yogi Adityanath, the Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has outlined plans for the routine operation of this boat service in Ayodhya. The components and accessories of the […] Read more
Sarda Awards Rs 150 cr Solar Chhattisgarh Project To Gensol Engineering Updated On Tue, Jan 16th, 2024 by Saurenergy Sarda Energy & Minerals Ltd (SEML) has announced the awarding of a Rs 150 crore contract to Gensol Engineering Ltd for the development of a 50-MW DC solar power plant in the state of Chhattisgarh. In a regulatory filing before authorities, Sarda Energy & Minerals has declared that the purpose of this project is to […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen Updated On Mon, Jan 15th, 2024 by Saurenergy SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […] Read more
NHPC Seeks EoI For India’s First Off-Shore Wind Power Project Updated On Mon, Jan 15th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC Ltd) has issued an Expression of Interest (EoI) to attract global entities for the establishment of India’s inaugural offshore wind energy plant. This initiative aligns with NHPC’s broader strategy of achieving over 27 GW in renewable energy projects by 2030, supporting India’s climate objectives for the same year. The […] Read more
Director (Power System) Updated On Fri, Jan 12th, 2024 by Saurenergy I. COMPANY PROFILE:- Solar Energy Corporation of India (hereinafter referred to as SECI) is a schedule ‘A’ CPSE under the Administrative jurisdiction of Ministry of New & Renewable Energy. SECI is the only CPSE exclusively dedicated to the development of the Renewable Energy sector in India and its scope of activities covers all renewable energy […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
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
