SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
90% Rise in Digital Payments Recorded During Lockdown by Discoms Updated On Mon, Jun 15th, 2020 by Saurenergy The Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus lockdown. The power Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus-induced lockdown. Tata Power Delhi Distribution Limited (TPDDL), serving around 70 lakh consumers in north […] Read more
NTPC Looking for CEO to Handle Distribution Business Updated On Tue, Jun 2nd, 2020 by Saurenergy NTPC Ltd has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray in the near future. The largest electricity generator in the country, NTPC Ltd has announced that it has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand Updated On Sat, May 16th, 2020 by Saurenergy UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […] Read more
The Power Minister and Power Honchos In Virtual Open House. Report Updated On Fri, May 15th, 2020 by Saurenergy At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […] Read more