SECI Extends Commissioning Date For UPC backed Masaya Solar Project Updated On Fri, Jun 3rd, 2022 by Saurenergy The Central Electrical Regulatory Commission ordered petitioner Masaya Solar Energy Private Limited on May 30 to withdraw its petition when Solar Energy Corporation of India Ltd (SECI) submitted before the CERC the rescheduled commissioning of a project as prayed by the petitioner. A bench of three judges under chairmanship of IS Jha heard the matter. […] Read more
CERC Allows Petition Of Karur Transmission Ltd Updated On Thu, May 19th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) allowed on May 17 the petition of Karur Transmission Ltd that the transmission charges for the project should be adopted because it was selected through a competitive bidding process. Karur Transmission Ltd had moved the CERC to examine whether the process as per provisions of the guidelines has been […] Read more
Fresh CERC Regulations For RE Certificates for RE Market Development Updated On Thu, May 12th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
Azure Power Commissions 600 MW Project In Rajasthan Updated On Tue, Jan 4th, 2022 by Saurenergy NYSE listed Azure Power yesterday announced the successful commissioning of its largest project- 600 MWs Interstate Transmission System (ISTS) connected solar project, allocated by Solar Energy Corporation of India (SECI). The project is in Bikaner, Rajasthan and the power generated from the project will be supplied to SECI at a tariff of INR 2.53 (~US 3.5 cents) […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions Updated On Tue, Dec 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […] Read more
CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs Updated On Thu, Dec 9th, 2021 by Saurenergy In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […] Read more
