RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
Why UP’s Solar Delays and Resultant Anxiety Of Developers Was Predictable Updated On Wed, May 19th, 2021 by Saurenergy NSEFI, (The National Solar Energy Federation of India) a key umbrella body that represents solar stakeholders, has finally been forced to approach the office of the Uttar Pradesh Chief Minister, Yogi Adityanath, for 500 MW of solar projects that were won in February 2020 by its members, where progress has been glacial. This delay, attributable […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
MoP Ensuring 24×7 Power Supply to Oxygen Plants in Country Updated On Wed, May 12th, 2021 by Saurenergy The second wave of the Covid-19 pandemic has entered a critical phase , with 37,04,099 active cases, but hopes of the graph moving down finally. There has been a surge in oxygen demand as cases have piled up. Now to ensure the 24×7 continuous power supply to the oxygen plants by the state utilities in […] Read more
MNRE’s New Scheme Guidelines for 12,000 MW CPSU Phase-II Project Updated On Tue, May 11th, 2021 by Saurenergy The ministry of new and renewable energy (MNRE) has released the newly amended scheme guidelines for implementation of Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV power projects by the Government Producers. These 12,000 MW projects will be produced by the government producers with Viability […] Read more
Power Ministry Writes to States/UTs to Issue Tariff Orders on Time Updated On Thu, May 6th, 2021 by Saurenergy The Ministry of Power in a letter to state and UT energy departments and SERCs has requested for the timely issuing of tariff orders The Ministry of Power in a letter to state and UT energy departments and State Energy Regulatory Commissions has requested for the timely issuing of tariff orders under the Electricity Act, […] Read more
REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20 Updated On Mon, Apr 26th, 2021 by Saurenergy The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […] Read more
