CERC Extends Validity of RECs till October 31, 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
MoP Extends Deadline for Comments on Draft Electricity Bill 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy MoP has extended the deadline for submission of comments/ suggestions by the industry stakeholders on the draft Electricity (Amendment) Bill 2020. The Ministry of Power (MoP) has written to all interested stakeholders i.e. CEA, CERC, state governments, Discoms, etc. informing them of the extension in the deadline for submission of comments/ suggestions on the draft […] Read more
ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia Updated On Mon, Apr 27th, 2020 by Saurenergy ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […] Read more
SECI Reschedules Pre-Bid Meet for 2 GW Wind Projects Tender for April 30 Updated On Fri, Apr 24th, 2020 by Saurenergy In line with the Central Government’s directive to follow social distancing norms amid Covid-19 crisis, state-owned Solar Energy Corporation of India (SECI) on Friday intimated that it has rescheduled the pre-bid meeting for 2 GW wind projects tender to April 30, 2020, from the earlier scheduled date of April 08, 2020. The nodal agency had […] Read more
L&T Construction Bags Rs 1,000 – Rs 2,500 Cr Orders from Indian Railways’ SPV for Electrification Updated On Fri, Apr 24th, 2020 by Saurenergy Conglomerate Larsen & Toubro’s construction arm, L&T Construction, has won significant contracts worth Rs 1,000 crore to Rs 2,500 crore for the electrification works from DFCCIL, a special purpose vehicle (SPV) of Indian Railways. The company has won this order through its Railways Strategic Business Unit in consortium with Kyosan Electric Manufacturing, a Japanese company […] Read more
Ensure Smooth O&M of ISTS Network During Nationwide Lockdown Updated On Fri, Apr 24th, 2020 by Saurenergy The moP has said that states must ensure smooth O&M of ISTS network and that construction work is allowed for transmission utilities during the lockdown The Ministry of Power (MoP), in view of the extension in the nation-wide lockdown until May 3, 2020, has asked that States/ UTs/ DMs, etc must ensure that there is […] Read more
MoP Asks States/UTs to Allow Construction at Power Plants During Lockdown Updated On Fri, Apr 24th, 2020 by Saurenergy The MoP has asked all states and UTs to allow the construction activities in Power Plants outside the limits of municipal corporations during the lockdown The Ministry of Power (MoP) has issued a notification asking all states and Union Territories (UTs) to allow the construction activities in Thermal/ Hydro Power Generation Projects outside the limits […] Read more
Sterlite Power Commissions 765KV Khandwa Substation in MP Updated On Thu, Apr 23rd, 2020 by Saurenergy Few days after commissioning of Rs 1,027 crore Gurgaon Palwal Transmission Project (GPTL), Sterlite Power has now commissioned 765kV Khandwa substation in Madhya Pradesh (MP). This Khandwa substation is part of the company’s Khargone Transmission Limited (KTL) project, which will play an important role in stepping down the high voltage 1,320 MW power from Khargone […] Read more