High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […] Read more
NREL Wins The Battle Of Commissions With GUVNL For 350 MW Solar Projects Updated On Fri, Mar 3rd, 2023 by Saurenergy In a battle involving 350 MW of delayed solar projects in Gujarat, NTPC Renewable Energy Limited has won an early win, with the CERC going with its contention that the Central Regulator is the right forum for any dispute with the state discom, GUVNL, in this case. NREL, the wholly owned subsidiary of NTPC, had […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
GRIDCO to Purchase 400 MW Wind Power from SECI Updated On Mon, Feb 6th, 2023 by Saurenergy The Grid Corporation of Odisha (GRIDCO) – a public sector undertaking of Odisha State Government – has said that it will be procuring 400 MW low cost wind power from Inter State Transmission System (ISTS) connected wind energy projects in Karnataka and Gujarat. The green power purchase by GRIDCO will be through Solar Energy Corporation of […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
MERC Orders MSEDCL To Follow Rules On Wheeling Charges, Cough Up Refund On Excess Charges Updated On Wed, Jan 25th, 2023 by Saurenergy The CERC has directed the MSEDCL to refund the wheeling charges on open access to Sridevi Trading Company, which had filed a petition. The firm had claimed that MSEDCL had levied excess wheeling charges. The Commission has asked MSEDCL to refund the levy on excess amount incorrectly recovered as per it. In doing this, MERC […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] 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
