Understanding The Record Rs 2.36 Bid at SECI’s 2 GW auction. Just Covid 19? Updated On Wed, Jul 1st, 2020 by Saurenergy Shortly after we received news of the record low prices or SECI’s 2 GW ISTS tender, we checked with our sources at SECI on the reasons for the low bid. The short answer? ” We are equally surprised”. Solarpack corporacion of Spain was the surprise winner, with its bid at Rs 2.36 for 300 MW. […] Read more
MNRE Issues Guidelines for Wind Power Procurement from 2.5 GW ISTS Projects Updated On Fri, Jun 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued guidelines for implementation of ‘scheme for a tariff-based competitive bidding process for procurement of renewable energy power from 2500 MW ISTS connected blended wind power projects’. The government has implemented the scheme for procurement of power at a tariff discovered via a transparent process of […] Read more
MNRE Forms PDC; Invites Stakeholders for Investment in India’s RE Sector Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to attract investment for the renewable energy (RE) sector in India, the Ministry of New and Renewable Energy (MNRE) has now formed the much-awaited Project Development Cell (PDC) in its Ministry. The move is in line with the Central Government’s earlier directive to set up an ‘Empowered group of Secretaries (EGoS) and […] Read more
Policy Focus on Domestic Manufacturing Positive for Indian Solar OEMs: ICRA Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to support domestic module manufacturers, government’s focus recently increased on the initiatives like ‘Atmanirbhar Bharat Abhiyan’ and ‘Make in India’. Now, in line with this, the government has formulated various schemes in past one year including the Central Public Sector Undertaking (CPSU) Scheme which envisages installation of 12 GW solar power capacities […] Read more
MNRE Issues Guidelines for Installation of Innovative Standalone Solar Pumps Updated On Tue, Jun 23rd, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the installation of innovative standalone solar pumps. The move came after the Minister had received representations from innovators claiming that by using different design and software, better performance of solar pumps can be achieved as compared to specified by the Ministry and that […] Read more
PFC, REC, IREDA to Lend at Lower Rates; Imported Solar Products May Face BCD from August Updated On Tue, Jun 23rd, 2020 by Saurenergy After putting an end on all the speculations, the government on Tuesday has hinted about its intentions for the imposition of basic customs duty (BCD) in near future instead of its earlier plan for next year. On the matter, Power Minister RK Singh informed industry stakeholders via video conferencing about his Ministry’s proposal to implement […] Read more
Need to Reduce Dependence on Power Sector Import: RK Singh Updated On Tue, Jun 23rd, 2020 by Saurenergy In order to protect the safety and security of our country, there is a need to reduce the dependency on import in the power sector, said RK Singh on Tuesday. The Minister also emphasized that power is a critical infrastructure for the development of our country, and everything, including, communication, data services, health services, logistics, […] Read more
RK Singh Asks Discoms to Submit Monthly Report on Grid Connected Rooftop Solar Program Updated On Fri, Jun 19th, 2020 by Saurenergy The Power and New & Renewable Energy Minister RK Singh directed power distribution companies (Discoms) and State Nodal Agencies (SNAs) to submit the monthly status of implementation of grid-connected rooftop solar program. The move came in the backdrop as the Ministry of New and Renewable Energy (MNRE) is implementing phase-II of grid-connected rooftop solar programme […] Read more
MNRE Adds New Mode in ‘Solar Parks and Ultra Mega Solar Power Projects’ Development Scheme Updated On Fri, Jun 19th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has introduced a new mode in its existing guidelines for the implementation of the scheme for the ‘Development of Solar Parks and Ultra Mega Solar Power Projects’. The move came in order to provide a further boost to the development of the renewable energy sector especially solar, […] Read more
