Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
If RPO’s Are Drivers of Renewable Energy, An Exclusive Exchange for Green Power Is Fuel Updated On Thu, Sep 17th, 2020 by Saurenergy The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […] Read more
CERC Shutdown- Government Plans Review petition With SC? Updated On Wed, Sep 16th, 2020 by Saurenergy The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […] Read more
SECI Fails To Wriggle Out of MERC Jurisdiction. Faces MSEDCL Claims for Damages Updated On Tue, Sep 15th, 2020 by Saurenergy In an order with possibly far reaching consequences for SECI (Solar Energy Corporation of India), the Maharashtra Electricity Regulator (MERC) has opted to place the central government undertaking on the dock, for a claim brought in by MSEDCL (Maharastra state Electricity Distribution Company Limited). MSEDCL’s main complaint against SECI, which it opted to bring before […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12 Updated On Fri, Sep 4th, 2020 by Saurenergy On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter Updated On Mon, Aug 31st, 2020 by Saurenergy Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
