Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project Updated On Fri, Jul 1st, 2022 by Saurenergy Letters of Award were distributed by Principal Secretary of New and Renewable Energy Department, Madhya Pradesh, Sanjay Dubey, on June 30 to the developers selected in the first phase of 600 MW Omkareshwar Floating Solar Project on Narmada river in Khandwa district of Madhya Pradesh. The tender for Phase-I achieved minimum rates of Rs 3.22, […] Read more
Consultant – Market Operations Updated On Tue, Jun 28th, 2022 by Saurenergy As a Consultant – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Daily operational activities such as bidding on power exchanges, generation schedule optimization, scheduling of bilateral transactions at the SLDC and SLDC, scheduling in Real Time market. Co-ordination with clients and resolution of customer […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] 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
Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity Updated On Tue, Jun 14th, 2022 by Saurenergy Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […] Read more
