MNRE Does Away With Reverse Bidding For Wind Energy, Targets 8 GW Tenders Every Year Updated On Fri, Jan 13th, 2023 by Saurenergy A new directive from the Ministry of New And Renewable Energy (MNRE) has confirms a long pending demand of the wind energy sector in India. The central government is looking to issue tenders inviting bids for 8-GW of wind power projects every year until the end of this decade (2030). The directive said that there […] Read more
CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP Updated On Wed, Jan 4th, 2023 by Saurenergy 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 […] Read more
Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI Updated On Mon, Jan 2nd, 2023 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […] Read more
CERC Rejects Azure’s Plea for Extension of LTA Start Date, Exemption from Transmission Charges Updated On Mon, Jan 2nd, 2023 by Saurenergy The CERC has quashed the petition of Azure Power and its subsidiaries Azure Power Forty-Three, Azure Power Forty-One and Azure Power Maple, which sought the extension of the long term access start date. The petition also pleaded for extension of deadline from completion of the dedicated transmission line and pooling substation and exemption from transmission […] Read more
SECI Invites Request for Selection for 1.2 GW Hybrid Power Projects Updated On Wed, Dec 21st, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an assured peak power supply in India under a tariff-based competitive bidding process. The last date for submitting the online bid is January 12, 2023 (for online submission) & January […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
JSW Energy Commissions 27 MW Wind Energy Plant Updated On Wed, Dec 7th, 2022 by Saurenergy The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
