Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement Updated On Fri, May 10th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […] Read more
Green Stocks June 17: Uncertainty Drags Stocks Lower Updated On Tue, Jun 17th, 2025 by Saurenergy It was one of those rare days when the small-cap and mid-cap indices moved in step with the larger indices. That meant a broad correction in green energy stocks, even as some bucked the trend thanks to the good news that is always around the corner for the sector. The good news in this case […] Read more
GIFT City To Continue Getting Green Power For Short-Term Updated On Mon, Jun 16th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved a petition filed by GIFT Power Company Ltd (GIFTPCL), a subsidiary of Gujarat International Finance Tec-City Company Ltd, seeking to extend its short-term power purchase agreement (PPA) with M/s PCBL for 4 MW of round-the-clock (RTC) power supply. The extension covers the period from June 1, 2025, […] Read more
KPI Green Eyes Larger IPP Portfolio to Fuel Earnings Updated On Fri, Jun 13th, 2025 by Saurenergy Indian clean energy EPC firm KPI Green Energy has now planned to boost its Independent Power Producers (IPP) portfolio to increase its revenue. This is seen as a transition from its current predominant portfolio of developing captive renewable energy projects. The top management of the firm recently discussed their roadmap for the firm’s journey in […] Read more