Gujarat Received Highest Central Aid Under Rooftop Solar Scheme: RK Singh Updated On Fri, Dec 8th, 2023 by Saurenergy Union Minister for New and Renewable Energy (MNRE) RK Singh furnished state-wise data of disbursement of Central Financial Assistance (CFA) to different Indian states under the Rooftop Solar Scheme-II. The written statement furnished by the minister claimed that Gujarat remained the highest beneficiary under the scheme by procuring the highest funds under the scheme to […] Read more
Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project Updated On Mon, Dec 4th, 2023 by Saurenergy Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a […] Read more
Sembcorp Eyes Wind Assets of 428 MW in India & China Updated On Thu, Nov 30th, 2023 by Saurenergy Singapore-based renewables player Sembcorp Industries Ltd has announced the signing of two agreements for the acquisition of 428 MW of operational wind farms in China and India. In China, the wholly-owned arm of the Sembcorp Group, Sembcorp Energy (Shanghai) Holding Co Ltd has entered into an agreement worth (USD 97.3m/EUR 88.8m) with Envision Energy Co […] Read more
MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
Arctech Bags Additional Order of SkyLine II Project in India, Total Project Capacity At 3.4GW Updated On Tue, Nov 28th, 2023 by Saurenergy Arctech, a leading solar energy solutions provider, has confirmed the acquisition of an additional order for the SkyLine II solar tracking solution in India, bringing the total project capacity to an impressive 3.4GW. This expansion marks the largest project undertaken by Arctech in the Indian market. Situated in the arid desert region along the India-Pakistan […] Read more
ReNew Enters November ALMM List With Module Making Facility Updated On Thu, Nov 23rd, 2023 by Saurenergy The November ALMM (Approved List of Module Manufacturers) list issued recently by the Ministry of New and Renewable Energy (MNRE) saw several significant developments. To begin with, there are three new entrants on the latest ALMM list of the ministry, taking the total number of solar module manufacturers in India up from 76 to 79 this month. […] Read more
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
RECPDCL Seeks Solar Power Developers for 290 MW Solar Projects with Greenshoe Option Updated On Tue, Nov 21st, 2023 by Saurenergy REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power) has invited proposals from solar power developers for setting up 290 MW grid-connected solar power projects through tariff-based competitive bidding process. The tender comes with a greenshoe option of additional capacity of 290 MW […] Read more
Top 5 Reasons Why India’s Power Demand Exceeded Projections Updated On Mon, Nov 20th, 2023 by Saurenergy India’s power demand has been rising steadily. The country’s higher than anticipated peak demand has been in the news, with peak demand touching a lifetime high of 223 GW in June 2023 when peak deficit touched 0.17 percent. As per the Load Generation Balance Report (LGBR) released by the Central Electricity Authority, the peak demand […] Read more
