Amplus Solar Bags 56 MW Solar Plant Contract from JK Lakshmi Cement Updated On Thu, Feb 9th, 2023 by Saurenergy The cement industry is a major carbon emitter and employing renewable sources of energy could help them curb produce green electricity and control carbon footprint. Cement firms have begun to take note of this all and taking initiatives in this direction. Cement major JK Lakshmi Cement is the latest firm headed towards renewables. The firm […] Read more
IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU Updated On Tue, Feb 7th, 2023 by Saurenergy The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
MERC Orders MSEDCL To Follow Rules On Wheeling Charges, Cough Up Refund On Excess Charges Updated On Wed, Jan 25th, 2023 by Saurenergy The CERC has directed the MSEDCL to refund the wheeling charges on open access to Sridevi Trading Company, which had filed a petition. The firm had claimed that MSEDCL had levied excess wheeling charges. The Commission has asked MSEDCL to refund the levy on excess amount incorrectly recovered as per it. In doing this, MERC […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
First Group Captive Solar Plant for Residential Society from Tata Power RE Ltd Updated On Wed, Jan 11th, 2023 by Saurenergy A subsidiary of Tata Power Tata and renewable energy giant Tata Power Renewable Energy Limited (TPREL), has entered into an agreement with Vivarea Condominium, a residential society in Mumbai for the supply of solar power. The captive solar power plant of capacity worth 3.125 MW solar plant will be established at Himayatnagar, Maharashtra. The power plant will generate clean […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
