Punjab CM Amarinder Singh Welcomes PSERC Move to Trim Power Tariff Updated On Tue, Jun 2nd, 2020 by Saurenergy Punjab Chief Minister Amarinder Singh has hailed the decision taken by the nodal agency Punjab State Electricity Regulatory Commission (PSERC) to slash domestic tariff despite a drop in revenue on the back of coronavirus lockdown. The Minister also hoped that the rates could be further rationalised in the interest of the people. Further, Punjab CM […] Read more
Need for State Govts to Conjointly Responsible for Financial Health of their Discoms: RK Singh Updated On Mon, Jun 1st, 2020 by Saurenergy The Union Minister for Power, R. K. Singh said that there is a need for the state governments to be also conjointly responsible for the financial health of their fully owned power distribution companies (Discoms). Singh said during a meeting with the Finance Commission headed by N.K. Singh on issues relating to the reforms of […] Read more
PM Emphasizes on Financial Sustainability of Power Sector, Make in India Updated On Thu, May 28th, 2020 by Saurenergy Prime Minister Narendra Modi emphasized the need for improving the financial sustainability of the power sector in order to solve the issues prevailing in the sector especially the power distribution sector. He said during a detailed review meeting held on Thursday evening on the power sector with the Ministry of Power (MoP) and the Ministry […] Read more
MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation Updated On Wed, May 27th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […] Read more
Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari Updated On Tue, May 26th, 2020 by Saurenergy The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […] Read more
MNRE Releases Draft Guidelines for Off-Grid Solar Plants; Seeks Stakeholders Comments Updated On Tue, May 19th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released the draft guidelines for implementation of off-grid solar power packs under RESCO mode and model PPA. Also, the notice calls upon industry stakeholders to provide their suggestions and comments on the draft guidelines and draft PPA latest by May 25, 2020. This is in line […] Read more
MNRE Urges SERCs to Allow Online Petition Listing, Start Hearing via Video Conferencing Updated On Tue, May 19th, 2020 by Saurenergy In order to provide support to the renewable sector in regularizing the matters at SERCs and to safeguard the ongoing investment in the country, the Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to consider allowing filing and listing of petitions online and hear urgent matters through […] Read more
PM Stresses on Attracting Private Investments for Power Sector Updated On Fri, May 1st, 2020 by Saurenergy Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […] Read more
CERC Extends Validity of RECs till October 31, 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […] Read more
