MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] Read more
Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power, one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […] Read more
SECI Confirms Adani, Azure, as Winners of ‘Largest’ Manufacturing Linked Bids Updated On Tue, Jun 9th, 2020 by Saurenergy 12 GW solar generation capacity, and 3 GW of manufacturing/solar kit capacity. That’s what SECI has given approval to add, starting as early as 2022 by putting in motion the January 2020 tender for the largest single investment in the country’s solar sector. SECI has formally given the go ahead to Adani Green Energy for […] Read more
500W Modules and Higher Efficiency, India Falling Behind Updated On Mon, May 25th, 2020 by Saurenergy Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […] Read more
We Received Force Majeure Notices from Various Discoms, Despite Govt Directive: Azure Power Updated On Mon, Apr 13th, 2020 by Saurenergy Despite government directive to power distribution companies (Discoms) to pay dues on time, the country’s one of the leading independent solar power producer (IPP), Azure Power said that it has received Force Majeure notices from various Discoms citing an inability to perform their obligations as per the PPA due to Covid-19. There has been a […] Read more
CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
