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HPERC Issues Draft Regulation To Promote Green Open Access

To offer the right to Green Energy Open Access to consumers in Himachal Pradesh, the Himachal Pradesh Electricity Regulatory Commission (HPERC) recently released draft regulation guidelines to promote green open access in the state. Under the regulation, which is termed “Himachal Pradesh Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access and Banking) […]

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DERC Proposes Rs 150cr Limit For New Intra State Power Projects

Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […]

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Juniper Green Gets CERC Nod For Power Trading Licence

Juniper Green Power Trading Private Limited, a subsidiary of Indian renewable energy company Juniper Green has now received approval from the Central Electricity Regulatory Commission (CERC) for starting power trading. This comes after the company approached the central power regulatory to get its nod.  In accordance with Regulation 3(3) of the Trading Licence Regulations, a […]

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MoP Amends Electricity Act For Power Trade With Neighbors

On August 12, the Ministry of Power (MoP) has amended the Import and Export of Electricity Act 2018 through an Office Memorandum, enabling the export and import of electricity to and from India. Under the revised guidelines, the government modified Clause 5.2 9(a) and Clause 8.9 to permit generating companies and distribution companies to export […]

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SAEL, NTPC & BluPine Bag SECI’s 500 MW Solar Tender

Solar Energy Corporation of India (SECI) has now awarded 500 MW of solar projects to three solar power developers in India. The central tendering authority has announced the results of the tender recently. As per the details, these tenders were allocated to SAEL Industries, NTPC Renewable Energy and BluPine Energy. SAEL and NTPC Renewable Energy […]

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ACME, SAEL, Essar, Onward, NTPC REL Winners Of 1.2 GW SJVN Solar Tender

SJVN Limited has announced the winners of its 1.2 GW solar tender, in which included Acme Solar Holdings, SAEL Industries, Essar Renewables, Onward Solar Power, and NTPC Renewable Energy (NTPC REL), as the successful bidders at an average tariff of Rs. 2.52/kWh. Under this tender, SJVN has allocated 300 MW each to Acme Solar, Essar […]

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NTPC-REL Floats 1 GW Tender For Land, Power Evacuation In MP

NTPC Renewable Energy Ltd. (NTPC-REL) recently issued a tender to commission a land and power evacuation system for a 1000 MW solar PV project in the Mandsaur region of Madhya Pradesh, with the bid submission deadline set for 11th September 2024. The tender mandates that bidders meet certain criteria for land-related works. The detailed scope […]

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Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project

Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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