Director (Power System) Updated On Fri, Jan 12th, 2024 by Saurenergy I. COMPANY PROFILE:- Solar Energy Corporation of India (hereinafter referred to as SECI) is a schedule ‘A’ CPSE under the Administrative jurisdiction of Ministry of New & Renewable Energy. SECI is the only CPSE exclusively dedicated to the development of the Renewable Energy sector in India and its scope of activities covers all renewable energy […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
Could PSPCL Overcome Financial Strife With Solar Deals? Updated On Thu, Jan 11th, 2024 by Saurenergy Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn’t have failed to notice the higher frequency of solar tenders from the state entity in […] Read more
CBI Files FIR Against Officials Of SJVNL, Siemens Gamesa Updated On Thu, Jan 11th, 2024 by Saurenergy The Central Bureau of Investigation (CBI) has registered a case against some officials of Satluj Jal Vidyut Nigam Ltd (SJVNL) and Siemens Gamesa over fraudulent practices. In a media statement, the central agency said that such malpractices led to a loss of around Rs 191 crore to the public sector utility. CBI said it had registered […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report Updated On Tue, Jan 9th, 2024 by Saurenergy Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income. The […] Read more
Gokul Dairy To Build Solar Power Project In Solapur, Maharashtra Updated On Tue, Jan 9th, 2024 by Saurenergy The renowned milk product brand, ‘Gokul Dairy,’ also known as Kolhapur Zilla Dudh Utpadak Sangh, is slated to establish a solar power generation plant in the Solapur district of Maharashtra. In December, Gokul acquired 18 acres of land from the solar park in Karmala Tehsil, Solapur district, to construct the solar power generation facility. As […] Read more
NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub Updated On Mon, Jan 8th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) has now issued a global tender seeking bids from manufacturing companies. The renewable arm of the NTPC said that applicants dealing with the manufacturing of products used in the generation and storage of Green Hydrogen and its derivatives could apply. NTPC Green wants to rope in such firms to set […] Read more
MNRE Increases Subsidy For New Residential Solar Rooftop Consumers Updated On Sat, Jan 6th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […] Read more
