Maha Regulator Dismisses BEST Plea For ‘Limited Open Access’ Updated On Tue, Mar 2nd, 2021 by Saurenergy In an order published just before the weekend started last week, the Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition by BEST, one of two Mumbai discoms, wherein BEST had requested for allowing limited Open Access in its area of supply and for determining and allowing Open Access charges and other fees and charges. […] Read more
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
Torrent Power Bids Rs 555 Cr to Take 51% in D&N Haveli, Daman & Diu Discoms Updated On Mon, Feb 22nd, 2021 by Saurenergy Torrent Power has emerged as the highest bidder for the sale of 51 percent stake in Discoms in the UT of Dadra & Nagar Haveli and Daman & Diu Torrent Power, the Rs 13,641 crore integrated power utility of the Torrent Group has announced that it has emerged as the highest bidder for the sale […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
Gulf Oil Lubricants to Explore EV Charging Options, with Gulf Oil International Updated On Fri, Feb 12th, 2021 by Saurenergy Mumbai based Hinduja Group, lubricant manufacturing, and marketing company, Gulf Oil Lubricants India has announced its partnership with Gulf Oil International to explore and invest in electric vehicle charging opportunities. Gulf Oil Lubricants India Ltd (GOLIL) has signed an agreement with Gulf Oil International (GOI) to participate and co-invest in Gulf Oil International’s recent investment […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
India and Denmark Launch Green Strategic Partnership Updated On Thu, Jan 28th, 2021 by Saurenergy India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. The […] Read more
Waaree Targets 5 GW Capacity by 2021 With 3 GW Module Line From Jinchen Updated On Mon, Jan 25th, 2021 by Saurenergy Chinese module manufacturer Yingkou Jinchen Machinery Co., Ltd. (Jinchen), has announced the signing of a deal with Mumbai based manufacturer Waaree Energies for a 3 GW high efficiency photovoltaic modules automatic production line. This is the largest stand alone project for any Chinese equipment manufacturer and any firm overseas. Waaree, led by Chairman and MD […] Read more
