MPERC Draft Regulation Targets Improvement In Power Quality Updated On Wed, Nov 20th, 2024 by Saurenergy Madhya Pradesh Electricity Regulatory Commission (MPERC) recently released the draft MPERC (Power Quality) Regulations, 2024. The regulation aims to regulate power quality in terms of voltage, frequency, and waveform of a power supply system. It envisages addressing power quality disturbances that can affect other consumers connected to the same supply network. The regulations emphasize the […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
PM Surya Ghar: MNRE Clarifies On CFA Aid To Housing Societies Updated On Wed, Nov 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now tried to clarify on the Central Financial Assistance (CFA) support under PM Surya Ghar for housing societies. The ministry dded a clause to provide Central Financial Assistance (CFA) to residential consumers benefiting from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), especially the Resident […] Read more
Q2 Results: ReNew Reports 31% Increase In Net Profits Updated On Wed, Nov 20th, 2024 by Saurenergy Renewable energy company ReNew Power today announced its consolidated quarterly (Q2) financial results for the three months ending September 30, 2024. The company reported a 31 percent growth in its Profit After Tax (PAT) vis a vis the same period last year. Whereas, ReNew’s total income/ total revenue for Q2 FY25 was Rs. 29,887 million […] Read more
Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
CEA Approves Uniform Protection Protocol For BESS, Substations Updated On Tue, Nov 19th, 2024 by Saurenergy The Central Electricity Authority (CEA) recently introduced uniform protection protocol to ensure grid stability, reliability, security and to supports the greater integration of 450 GW renewable energy into the national grid by 2030 and ambitious target of 2100 GW of Renewable energy by 2047. The protection schemes protocol addresses the protection requirements for thermal and […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
Bengaluru Needs 36000 Public Charger Guns To Meet EV Demand In 2030: CSTEP Updated On Tue, Nov 19th, 2024 by Saurenergy Bengaluru will require more than 36,000 public charger guns—25 times the guns it had in 2023 to meet its 2030 charging needs, a latest recent report by the Center for Study of Science, Technology and Policy (CSTEP) said. A charger gun, also known as an EV charging cable or connector, is a device that connects […] Read more
