Rajasthan at 2nd position in achieving rooftop solar power target Updated On Fri, Apr 8th, 2022 by Saurenergy Rajasthan is at No. 2 position in achieving the target for implementing rooftop solar power projects in the country, according to recent media reports. Gujarat, which was given a target of 3200 MW, has achieved 54%, while Rajasthan has set up 33% of the allocated 2300 MW capacity. In terms of capacity by February 2022, […] Read more
APTEL Asks GERC To Reconsider Decision To Adjust Dues From Wind Project Against Unrelated Default Updated On Thu, Apr 7th, 2022 by Saurenergy In a rather interesting judgement, the Appellate Tribunal for Electricity (APTEL) has set aside an order passed by the Gujarat Electricity Regulatory Commission (GERC) in 2019 to reject a wind developer’s claims for the payment of dues. APTEL has ordered GERC to review the matter with an “open mind” and “not feeling bound by any view […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
Renewables Face An Oil Slick Updated On Mon, Mar 28th, 2022 by Saurenergy A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Strong demand prospects for RE projects in C&I segment; regulatory risks key challenge: ICRA Updated On Mon, Mar 21st, 2022 by Saurenergy Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going forward, finds ICRA. If that sounds obvious, then the agency also flags risks, that really shouldn’t be there […] Read more
Solar mfg generating 30,000 jobs, govt. tells Parliament Updated On Thu, Mar 17th, 2022 by Saurenergy The Minister of State for New and Renewable Energy (MNRE) Bhagwanth Khuba has told Parliament that the solar manufacturing industry is providing 29,900 new jobs every year. The employment generated is based on the installed capacity as the Minister informed the Rajya Sabha. Also, Power Minister RK Singh said that India has achieved 40 per […] Read more
Andhra High Court Rules in Favour of Solar, Wind Developers Updated On Wed, Mar 16th, 2022 by Saurenergy In a judgement that seeks to put to rest all uncertainties regarding the sanctity of Power Purchase Agreements and the competency of experts who decided on rates, the Andhra Pradesh High court has ruled in favour of solar and wind developers in the case against the state discoms, and by default, the Andhra state government. […] Read more