POSOCO Braces for Impact of Eclipse on Solar Power Generation Updated On Wed, Jun 3rd, 2020 by Saurenergy POSOCO has detailed the likely impacts of the annual solar eclipse on the country’s power sector/ solar generation and the preparations made to lower its impact The Power System Operation Corporation (POSOCO) has in a new report detailed the likely impacts of the annual solar eclipse, that India will be experiencing on June 21 this […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
China Plans UHV Grids, EV Chargers to aid Economic Recovery: GlobalData Updated On Tue, Jun 2nd, 2020 by Saurenergy In order to tackle the economic impact caused by COVID-19, China decided to invest in new infrastructure projects to accelerate economic recovery. In order to tackle the economic impact caused by COVID-19, China decided to invest in new infrastructure projects to accelerate economic recovery. The country identified seven priority areas of which ultra-high voltage (UHV) […] Read more
PXIL Kicks Off Real Time Market Trade for Power Transaction in India Updated On Mon, Jun 1st, 2020 by Saurenergy NSE and NCDEX promoted Power Exchange India Ltd (PXIL) has kick-started its first Real Time Market (RTM) trade in India for delivery of electricity effective from today i.e. June 01, 2020. The first trade was conducted by clients of Kreate Energy Pvt Ltd and PTC India Ltd on the PXIL’s platform, and the initial auction […] Read more
WB Industrial Consumers Took Legal Action against Power Utilities on Fixed Charges Updated On Mon, Jun 1st, 2020 by Saurenergy Industrial consumers in West Bengal (WB) has dragged power utilities in the state to court after their plea for relief on fixed charges among other demands in the lockdown was rejected. Moreover, nodal agency West Bengal Electricity Regulatory Commission (WBERC) had also paid no heed to their demands, when they approached the regulator, the high-tension […] Read more
COVID-19 a Valuable Energy Transition Opportunity: Gautam Adani Updated On Fri, May 29th, 2020 by Saurenergy Gautam Adani has presented his views on how he believes the COVID-19 pandemic has brought with it an opportunity for the renewable energy industry Gautam Adani, Chairman of the Adani Group, India’s biggest infrastructure conglomerate, recently took to his LinkedIn account to express his views on how he believes the coronavirus (COVID-19) pandemic has brought […] Read more
NHPC Board Approves Foray Into Solar Energy Business Updated On Fri, May 29th, 2020 by Saurenergy State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. The firm is mainly into hydropower generation. “It is to inform that board […] Read more
Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt Updated On Thu, May 28th, 2020 by Saurenergy The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […] Read more
IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter Updated On Thu, May 28th, 2020 by Saurenergy IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […] Read more
