Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
Power Demand in Delhi Peaked on Most Days of January Updated On Tue, Feb 9th, 2021 by Saurenergy Electricity demand in Delhi is picking with January registering 19 percent more peaks on 23 days than that in the last year, according to BSES Electricity demand in Delhi is picking up in the new year with January registering 19 percent more peaks on 23 days than that in the last year, according to officials […] Read more
SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon Updated On Wed, Feb 3rd, 2021 by Saurenergy SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […] Read more
Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
Tata Power to now Operate the Entire Distribution System in Odisha Updated On Tue, Feb 2nd, 2021 by Saurenergy Tata Power will now serve the entire population of the state of Odisha after it secured LOI to operate the north eastern distribution system Tata Power, India’s largest integrated power utility, has announced that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply […] Read more
EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
Budget 2021. Why 24X7 Power For All, Tackling Discom Losses Is key Updated On Mon, Feb 1st, 2021 by Saurenergy Hopes are once again high that the government will take a broom to clean up discom losses in some way, one of the most intractable issues for the power sector for decades now. As always, the present time remains the best time to do something about it. On January 29 morning, power minister R.K. Singh […] Read more
