India, Maldives to Explore Transmission Interconnection For Renewable Power Transfer Updated On Wed, Apr 27th, 2022 by Saurenergy The Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives’ Environment, Climate Change and Technology Minister Aminath Shauna in […] Read more
CESL Gets Lowest Ever Prices for 5450 Buses under FAME II Scheme Updated On Wed, Apr 27th, 2022 by Saurenergy Convergence Energy Services Limited (CESL), a PSU under Ministry of Power has announced today that it has discovered the lowest ever prices for the biggest ever demand for electric buses under the Grand Challenge tender. The tender, announced in January this year, had hoped to get the first batch of buses on the road by […] Read more
MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […] Read more
NTPC and Gujarat Gas to Blend Green Hydrogen with PNG Updated On Wed, Apr 6th, 2022 by Saurenergy The Ministry of Power has informed that India’s leading power generator National Thermal Power Corporation (NTPC) has joined hands with Gujarat Gas Limited to undertake a novel initiative of blending ‘Green Hydrogen’ in the Piped Natural Gas (PNG) supplied by the city gas distributor. Both the companies are state owned and the blending will be […] Read more
Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
CII Pitches for Free Access For Green EV Charging Updated On Tue, Mar 22nd, 2022 by Saurenergy Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […] Read more
APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month Updated On Fri, Feb 4th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […] Read more
PFC, REC Make Further Reduction in Lending Rates Updated On Wed, Jan 19th, 2022 by Saurenergy State-owned non-banking financial companies Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 basic points (Bps), Ministry of Power (MoP) has said. Union Minister for Power and New & Renewable Energy Mr. R.K. Singh expressed satisfaction at the continued efforts by both the companies […] Read more