Green Market Achieves 372.4 MU In Oct Volumes on IEX, As Power Trading Grows 36% YOY Updated On Wed, Nov 3rd, 2021 by Saurenergy In October’21 the electricity market at the Indian Energy Exchange traded 9165 MU volume with 8792 MU in power market and 373 MU in green market, achieving 36% YoY growth, according to a release from IEX. (Indian Energy Exchange). After the mini-power crisis of September, the month also saw a temperance in trading prices, for […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more
SECI Invites Bids for 1200 MW ISTS-connected Wind Projects Updated On Mon, Oct 25th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for the setting up of interstate transmission system (ISTS)-connected wind power projects on build own operate (BOO) basis for an aggregate capacity of 1200 MW. SECI, which was established to implement National Solar Mission (NSM), will select wind power developers under tariff-based […] Read more
POSOCO Report Finds Clear Bias Against RE Developers in Tamil Nadu Updated On Wed, Sep 8th, 2021 by Saurenergy Following APTEL’s order in August, the Power System Operation Corporation Limited (POSOCO) has submitted a report on renewable energy curtailment in Tamil Nadu. The order, widely welcomed by solar developer bodies like the NSEFI, had asked for verification of claims made by both sides on the issue of curtailment. As it turns out the POSOCO […] Read more
Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
MSEDCL Issues Tender for 487 MW Solar Projects Under Component A of KUSUM Scheme Updated On Fri, Aug 20th, 2021 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for bids under component A of the KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan) scheme, that has a focus on improving incomes of farmers and generating solar power at the scale. Until now, most of the solar success under KUSUM has been […] Read more
Domestic Solar Manufacturers Collateral Damage In Tussle Between Govt And SC Updated On Wed, Aug 11th, 2021 by Saurenergy The ongoing tussle between the union government and the Supreme Court, where the apex court has repeatedly expressed its displeasure at the slow pace of filling of vacancies in courts, and lately in tribunals too, has come back to hurt solar manufacturers. Of course, for the sector as a whole, this is not the first […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
Net Metering for Systems Up to 500 kW Proposed In Draft Karnataka Regulations Updated On Tue, Jul 27th, 2021 by Saurenergy In what should be a relief for solar developers, the Karnataka Electricity Regulatory Commission (KERC) has brought up a proposal that revises the limits for net metering to 500 kW from the earlier proposed 10 kW. In the new proposal, the KERC had suggested generic tariffs of Rs. 3.82/kWh for residential rooftop solar systems between […] Read more
