Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka Updated On Mon, Aug 10th, 2020 by Saurenergy Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […] Read more
Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
GE Joins 500 MW Pumped Hydro Storage Project in Australia Updated On Wed, Aug 5th, 2020 by Saurenergy GE Renewable Energy and Walcha Energy will jointly develop the 500 MW Dungowan pumped hydro storage project in the New England REZ in NSW, Australia. GE Renewable Energy and Walcha Energy have signed an agreement to jointly develop the 500 MW Dungowan pumped hydro storage project in the New England Renewable Energy Zone (REZ) in […] Read more
HERC Issues Discussion Paper on License Terms and Conditions Updated On Wed, Jul 29th, 2020 by Saurenergy HERC to set new regulations defining terms and conditions of license for a deemed licensee in Haryana. A discussion paper has been prepared. The Haryana Electricity Regulatory Commission (HERC) has prepared a discussion paper on HERC (Terms & Conditions of License for Deemed Licensee) Regulations, 2020. A public hearing will be held by the state […] Read more
Israel-based Enlight Renewable gets Financing for 189 MW Wind Project Updated On Wed, Jul 29th, 2020 by Saurenergy Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […] Read more
Siemens Gamesa Secures Turbine Orders Worth 180 MW in Chile Updated On Tue, Jul 28th, 2020 by Saurenergy Siemens Gamesa has received two orders in South America for the supply and installation of wind turbines at two sites of a wind energy cluster in Chile. Siemens Gamesa Renewable Energy has announced that it has received two orders in South America for the supply and installation of wind turbines at two sites of a […] Read more
