Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
CII Pitches for Free Access For Green EV Charging Updated On Tue, Mar 22nd, 2022 by Saurenergy Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […] Read more
APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month Updated On Fri, Feb 4th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […] Read more
PFC, REC Make Further Reduction in Lending Rates Updated On Wed, Jan 19th, 2022 by Saurenergy State-owned non-banking financial companies Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 basic points (Bps), Ministry of Power (MoP) has said. Union Minister for Power and New & Renewable Energy Mr. R.K. Singh expressed satisfaction at the continued efforts by both the companies […] Read more
EESL Aims to Install 1.6 crore Smart LED Streetlights in India by 2024 Updated On Fri, Dec 24th, 2021 by Saurenergy Energy Efficiency Services Limited (EESL), a JV under the Ministry of Power, plans to install 1.6 crore of smart LED streetlights across the nation by 2024. EESL’s Streetlight National Programme (SLNP) was primarily launched in municipalities/ Urban Local Bodies (ULBs) of the country with an objective to replace conventional street lights with LED lights. Since […] Read more
Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers Updated On Fri, Dec 10th, 2021 by Saurenergy With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […] Read more
Power Ministry Issues Order Extending ISTS Benefits to BESS, Pumped Storage Projects Updated On Thu, Nov 25th, 2021 by Saurenergy In an order dated November 23, the Ministry of Power of the Government of India has notified key changes to its existing orders allowing waiver of ISTS (Inter State Transmission Charges) on Wind and Solar Sources. In the latest version, for Wind, Solar, Hydro PSP (Pumped Storage Projects) and BESS projects commissioned upto 30.06.2025, the […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more
