IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
NTPC-REL Invites Bids For 500 MW Solar Project In Rajasthan Updated On Wed, Apr 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (REL) a wholly owned subsidiary of NTPC Limited invited bids for the balance of the system package of a 500MW state transmission utility (STU) connected solar PV project in Bhadla, Rajasthan. NTPC Renewable Energy Limited (NTPC REL) invited online bids from eligible bidders on single-stage two envelopes (i.e. Envelope-I: Techno-Commercial Bid […] Read more
MPERC Introduces Policy For Grid Interactive Renewable Energy System Updated On Wed, Apr 3rd, 2024 by Saurenergy Madhya Pradesh regulatory body Madhya Pradesh Electricity Regulatory Commission (MPERC) introduced general conditions for net metering, group net metering, and virtual net metering, through distributed licensees to eligible consumers on a first come first serve basis. The regulation extended to the whole of Madhya Pradesh and applied only to the Captive Power Plants (CPP) using […] Read more
JSW, Sunsure, NTPC & Tejorupa Bag SECI’s 1500 MW Solar Tender Updated On Tue, Apr 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now announced the results of its tender floated on March 29, 2023. SECI had floated the tender for a 1500 MW grid-connected Inter-State Transmission System (ISTS). As per the results published by the SECI, JSW Neo Energy Limited, Sunsure Solarpark Fourteen Pvt Ltd, Tejorupa Renewable India Project […] Read more
NTPC Invites EoI For 50MW Concentrated Solar Project In Uttar Pradesh Updated On Tue, Apr 2nd, 2024 by Saurenergy National Thermal Power Corporation (NTPC) recently released a tender inviting an expression of interest (EoI) for setting up Inter-State transmission System (ISTS) connected 50MW concentrated solar power (CSP) project with Thermal Energy Storage System (TESS) in Uttar Pradesh (UP). The tender is probably the first large tender for CSP from any PSU in India. NTPC […] Read more
TPREL Delivers 200 MW Solar Project In Bikaner To Power Trading Arm Updated On Mon, Apr 1st, 2024 by Saurenergy TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited, has confirmed the successful commissioning of a 200MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited (TPTCL). The 25 year PPA for the project had been signed in May 2023, with a targeted delivery date of March 2024. Expected […] Read more
Torrent Power Secures 450 MW Wind-Solar Hybrid Project Updated On Mon, Apr 1st, 2024 by Saurenergy Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […] Read more
Bihar Seeks Bids For 564 MW Solar Projects Under PM KUSUM Updated On Thu, Mar 28th, 2024 by Saurenergy Component C of the PMKUSUM scheme, which seeks grid connected solar pumps as part of the same (Component B is off grid pumps and Component A is ground mounted solar ), is in the limelight in Bihar. Bihar State Power Generation Company (BSPGCL) has invited bids for 564 MW of projects under the scheme, in […] Read more
JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power Updated On Wed, Mar 27th, 2024 by Saurenergy JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […] Read more
