NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra Updated On Tue, Jun 6th, 2023 by Saurenergy Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […] Read more
GERC Notifies Gujarat Power Tariffs For Fy23, No Hikes For Consumers Updated On Mon, Apr 3rd, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission has issued a note detailing the GERC Tariff Orders for Truing up for FY 2021-22 and Determination of Tariff for FY 2023-24. The exercise is done after State-Owned utilities and other Distribution Licensees of the State have filed the petitions for truing up of FY 2021-22 and determination of Tariff […] Read more
Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha Updated On Fri, Nov 25th, 2022 by Saurenergy Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […] Read more
Tata Power RE, Three Other Firms Win GUVNL’s 750 MW Solar Project Updated On Tue, Sep 20th, 2022 by Saurenergy The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners. Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a […] Read more
Azure Power commissions 90 MW solar project in Assam Updated On Wed, May 4th, 2022 by Saurenergy Renewable energy major Azure Power has announced that it has successfully commissioned its 90 MW solar power project in Assam, the largest in the state. The 90 MW of solar capacity is spread across four districts in Assam – Udalguri, Kamrup, Nagaon, and Cachar. Azure Power said that the solar power project was commissioned in […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
India’s Top 5 Power Producers And their Renewable Energy Plans Updated On Tue, Aug 4th, 2020 by Saurenergy In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […] Read more
