First P2P Solar Power Trading In South Asia Launched By UPPCL Updated On Tue, Dec 22nd, 2020 by Saurenergy Uttar Pradesh has become the first state to launch blockchain-enabled solar power trading in India and South Asia in a project led by India Smart Grid Forum (ISGF) with Australian technology company Power Ledger. Uttar Pradesh Power Corporation Limited (UPPCL) and the subsidiary Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) will host a pilot project involving […] Read more
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more
CCEA Approves RCE for North Eastern Region Power System Improvement Project Updated On Thu, Dec 17th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) has approved the Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs.6,700 crore. This is a major step, towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems. Announced […] Read more
DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations Updated On Tue, Dec 15th, 2020 by Saurenergy DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […] Read more
MNRE Offers Clarification on Dispute Resolution Mechanism Provisions Updated On Wed, Dec 9th, 2020 by Saurenergy MNRE has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism The Ministry of New and Renewable Energy (MNRE) has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism which has been devised to consider the unforeseen disputes between solar and wind power […] Read more
CERC Lockdown Extended to Jan 20, 2021 By Peeved Supreme Court Updated On Tue, Dec 8th, 2020 by Saurenergy At the latest hearing of the saga around the shutdown of the Central Electricity Regulatory Commission (CERC), the tussle between lawmakers and the law dispensers continued afresh. The Supreme Court, coming down harshly on yet another missed deadline by the government, when it comes to the appointment of an officer of the law as ordered, […] Read more
MNRE Shares Concept Note on Plan for one Solar City in Each State/ UT Updated On Mon, Dec 7th, 2020 by Saurenergy MNRE has shared a concept note per which each State should have at least one solar city where all houses have rooftop solar energy plants and all electricity needs of the city are fully met from solar energy or other renewable energy sources. The Ministry of New and Renewable Energy (MNRE) has shared a concept […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi Updated On Mon, Nov 23rd, 2020 by Saurenergy In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […] Read more
