CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
Clean Capital Acquires 100% Stake in BQ Energy Updated On Fri, Jul 1st, 2022 by Saurenergy New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […] Read more
NTPC-Ramagundam Is India’s Largest Floating Solar Plant at 100 MW Updated On Fri, Jul 1st, 2022 by Saurenergy Within days of the final commissioning of NTPC’s Kayamkulam floating project in Kerala with its 92 MW capacity, NTPC has commissioned the final 20 MW part of the 100 MW Ramagundam floating solar project wef July 1, 2022. That effectively means Ramagundam floating solar is the country’s largest floating solar project now, giving the Kayamkulam […] Read more
Irish Study Says Rooftop Solar Panels Can Produce 1/4 th Of Total Electricity Needed Updated On Fri, Jul 1st, 2022 by Saurenergy A quarter of total electricity needed by Irish households can be produced by installing solar panels on the domestic rooftops. Conducted by the climate scientists at University College Cork, Ireland, this was the conclusion of the study after the team had thoroughly examined every rooftop in the country using satellite imagery and weather data for […] Read more
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Director (System Operation) Updated On Fri, Jul 1st, 2022 by Saurenergy I. COMPANY PROFILE:- Power System Operation Corporation Limited(POSOCO) is a wholly owned Government of India Company with the following mission: “Ensure Integrated Operation of Regional and National Power Systems to facilitate transfer of electric power within and across the regions and trans-national exchange of power with Reliability, Security and Economy.” POSOCO has been entrusted with […] Read more
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
ABB & Microsoft Tech. Are Coming Together for Making Society Energy Efficient Updated On Fri, Jul 1st, 2022 by Saurenergy Switzerland-based, Asea Brown Boveri (ABB) has announced its collaboration with Microsoft Techto work on ‘Energy Efficiency Movement’. ABB launched this movement in March 2021, by which ABB raised awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. This is a multi-stakeholder initiative. Till now many small firms and companies […] Read more
RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project Updated On Fri, Jul 1st, 2022 by Saurenergy Letters of Award were distributed by Principal Secretary of New and Renewable Energy Department, Madhya Pradesh, Sanjay Dubey, on June 30 to the developers selected in the first phase of 600 MW Omkareshwar Floating Solar Project on Narmada river in Khandwa district of Madhya Pradesh. The tender for Phase-I achieved minimum rates of Rs 3.22, […] Read more
