UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
Torrent Power Eyes Expansion Through New Acquisitions & Bids Updated On Tue, Jul 19th, 2022 by Saurenergy The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […] Read more
Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked Updated On Tue, Jul 5th, 2022 by Saurenergy The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […] Read more
MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants Updated On Mon, Jun 27th, 2022 by Saurenergy RK Singh, Union Minister of Power and New and Renewable Energy (MNRE), said on June 26 that the government will invite bids from the states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs after aggregating the demands. About 8,000 MW of thermal capacities across the states in India are without any […] Read more
Atlas Acquires Its First Wind Power Project Updated On Wed, Jun 15th, 2022 by Saurenergy International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […] Read more
ReNew Power Q4 Results, Total Income for FY 22 at Rs 6919 cr, Net Loss At Rs 1612 cr Updated On Wed, Jun 15th, 2022 by Saurenergy ReNew Energy Global plc, has announced its consolidated results for Q4 FY22 and the fiscal year ended March 31, 2022. As of June 14, 2022, ReNew had a gross total portfolio of ~12.8 GWs of renewable energy projects across India, including commissioned and committed projects. Operating Highlights The commissioned capacity of the Company rose by 0.13 GWs during […] Read more
Power Crisis, RPO Drives Haryana Regulator to Approve 1100 MW of Renewable Purchases Updated On Wed, Jun 15th, 2022 by Saurenergy The Haryana Electricity Regulatory commission, in two orders within days of each other, has approved total RE purchases of 1100 MW for the state. Driven by both the power crisis being experienced by the state as well as the pending and future RPO obligations, the state regulator did make the Hydro power purchase from NTPC […] Read more
Microsoft To Buy Power From 100 MW Solar Project Being Built by Amplus Solar Updated On Tue, Jun 14th, 2022 by Saurenergy Microsoft Corporation, one of the world’s largest purchasers of renewable energy, recently entered into a long-term agreement with Amplus Solar, a subsidiary of Malaysian oil and gas conglomerate Petronas in India, to buy power from a 100 MW solar project being developed by the latter in Rajasthan. Microsoft has taken a pledge to turn 100% […] Read more
Suzuki Buys RE From ReNew Power For Indian Plant Updated On Fri, Jun 3rd, 2022 by Saurenergy Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power as part of its drive to cut about 6% of the Japanese automaker’s global carbon dioxide emissions. As Suzuki’s biggest market, India accounted for about 60% of its global production of four-wheeled vehicles last fiscal year and […] Read more
