Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
Andhra Pradesh to Introduce Agriculture Electricity Cash Transfer Scheme Updated On Wed, Sep 2nd, 2020 by Saurenergy Andhra Pradesh has introduced the Agriculture Electricity Cash Transfer Scheme that will virtually do away with the free power supply to the farming sector. The state government of Andhra Pradesh is all set to introduce the Agriculture Electricity Cash Transfer Scheme from the 2021-22 financial year that will virtually do away with the free power supply to […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
IEX, PXIL Make the Case for Reopening REC Trading Updated On Mon, Aug 31st, 2020 by Saurenergy IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […] Read more
MNRE Issues Specifications for Tech Neutral Lithium Batteries for Solar off-Grid Applications Updated On Thu, Aug 27th, 2020 by Saurenergy MNRE has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. The Ministry of New and Renewable Energy (MNRE) has issued new draft specifications for use of technology neutral lithium batteries in off-grid solar applications in different MNRE schemes. Stakeholders have been requested to submit […] Read more
BERC Issues Draft Regulations to Determine RE Tariffs Updated On Mon, Aug 24th, 2020 by Saurenergy Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […] Read more
HERC Proposes Reverse Auction for Transmission Projects Updated On Fri, Aug 21st, 2020 by Saurenergy HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
