PSA

CERC Admits Adani Green Petition On LTA Over Pushback By CTUIL

SBSR Power Cleantech Eleven Private Limited (SBSR), a subsidiary of Adani Green Energy Limited, has won a minor victory at the Central Electricity Regulatory Commission (CERC), after the commission took the considered view to admit its petition, over the objections of the Central Transmission Utility Of India Limited (CTUIL). The Issue The case refers to […]

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CERC Allows ACME Petition To Qualify Entry Tax As Change In Law

The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […]

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Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects

Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […]

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Curtains Finally Coming Down On Andhra Solar Power Tussle?

In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. […]

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MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects

MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […]

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Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […]

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SECI Signs PSA for 100 MW Solar Power With Storage With Chhattisgarh Discom

SECI has signed a PSA worth 100 MW solar power clubbed with 50 MW/100 MWh Energy from Battery Storage with the Chhattisgarh State Power Distribution Company Power Purchase Agreement for 100 MW Solar Power with 50MW/150 MWh Energy from Battery Storage was signed with Chhattisgarh State Power Distribution Company Limited at Vidhyut Sewa Bhawan at […]

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