Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market Updated On Wed, May 17th, 2023 by Saurenergy A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
Recurrent Energy Secures PPA For 100 MW Liberty Solar Project Updated On Tue, May 16th, 2023 by Saurenergy Canadian Solar-owned Recurrent Energy has signed an aggregated virtual power purchase agreement (VPPA) with Texas-based industries for 100% of the production capacity of its Liberty Solar project. The industries concerned are EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company. Recurrent Energy is currently developing the 100 MWac solar project near […] Read more
NTPC Eyes 130 MW Floating Solar in Tripura Updated On Tue, May 16th, 2023 by Saurenergy National Thermal Power Corporation (NTPC) said that it will be conducting a feasibility study for a 130 MW floating solar power plant on Dumbur Lake that falls in Gomati district of Tripura. In the current case, Tripura Renewable Energy Development Agency (TREDA) has inked an MoU with NTPC for the feasibility study. As part of […] Read more
Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme Updated On Mon, May 15th, 2023 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit. The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […] Read more
GSECL Issues Tender for Prep of Study Report of 1500 MW Floating Solar Park Updated On Mon, May 15th, 2023 by Saurenergy Gujarat State Electricity Corporation Ltd (GSECL) has issued a tender for the appointment of consultant for providing consultancy services for preparation of feasibility study report & detailed project report for setting up of 1500 MW floating solar park. The feasibility study will look at the identification of the techno-commercial project site for the park. The […] Read more
TP Saurya Joins Hands with Tata Power Trading Company for 200 MW Solar Project in Rajasthan Updated On Fri, May 12th, 2023 by Saurenergy TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) to set up a 200 MW (280 MW) solar project at Bikaner in Rajasthan. The plant will be commissioned by March 2024. TPTCL has entered into a PPA […] Read more
Project Procurement – Solar (Magnetics) Updated On Fri, May 12th, 2023 by Saurenergy For the Secure Power Business, Energy Management Division, we are looking a new Project Procurement Leader (PPL) The LoB(Line of Business) is changing the way of working to be more Agile, the PPL will lead the procurement activities withing the Leagues or Squad. The Project Procurement Leader is part of a product development project team […] Read more
MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit Updated On Fri, May 12th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […] Read more
