SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP

Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking dedicated to the solar energy sector, has issued an RFS for selection of vendors under Component-B of PM-KUSUM Scheme of MNRE. This particular component looks at “installation of 20 lakh standalone solar powered agriculture pumps” and “CFA of 30% of the benchmark cost or […]

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CERC Puts Cap of Rs 12 per kWh on Normal Rate of Charges for Grid Deviations

The Central Electricity Regulatory Commission (CERC) has indicated irregularities with reference to adherence of DSM Regulations (Deviation Settlement Mechanism), 2022. The regulatory body has pointed that grid connected entities are showing a tendency to overschedule in order to avoid payment of deviation charge for overwithdrawal or under-injection. Consequently, the system frequency has remained high for […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL

In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […]

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IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs

The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […]

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Some Reassurance for Industry In Prime Minister’s I-Day Speech

In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […]

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Industry Reacts: Electricity (Amendment) Bill 2022

As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […]

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