azure-power

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CERC Orders Compensation to Azure for Bird Diverters Installed in GIB Region

The Central Electricity Regulatory Commission (CERC) has issued an order directing Solar Energy Corporation of India (SECI) and distribution companies to compensate...

May 8, 2024

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Arshreet Singh

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Market & Policy
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CERC Approves ₹2.54/kWh Tariff for SECI’s 334 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.54 (~$0.03)/kWh for a combined capacity of 334 MW from solar power projects of the Solar...

November 7, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Azure Power Faces Delisting from New York Stock Exchange

New York Stock Exchange (NYSE) has decided to initiate proceedings to delist Azure Power Global from the stock exchange. The trading of the company’s equity shares...

July 14, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Azure Power Announces New CEO and CFO Appointments

Azure Power, a renewable energy company, has announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO). The new...

May 5, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Regulator Directs DISCOMs to Pay ‘Change in Law’ Dues to Solar Developers

The Central Electricity Regulatory Commission (CERC) has directed distribution companies (DISCOMs) to compensate solar developers for incremental impact due to the...

January 23, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Avaada, Tata Power Led Solar Installations in 1H 2022, Adani and ReNew Top Cumulatively

India’s installed utility-scale solar capacity breached the 50-GW mark in August 2022, 9.7 GW shy of meeting the government-set target of installing 60 GW by 2022,...

November 11, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar

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Utility Scale
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Harsh Shah Steps Down as Azure Power CEO Two Months After Taking Charge

Independent power producer Azure Power Global announced the resignation of its Chief Executive Officer (CEO), Harsh Shah, two months after he took charge. Rupesh Agarwal,...

August 30, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global announced that Harsh Shah would be joining as the Chief Executive...

May 10, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: India Launches Open Access Registry for Power Transmission

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power announced the launch of the National Open Access Registry (NOAR)....

May 3, 2022

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Satish Shetty

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Other

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Renewable Energy
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Azure Power Announces Resignations of Both CEO and COO

Azure Power Global Limited, an independent sustainable energy solutions provider and power producer in India, announced that its Board of Directors had accepted the...

April 26, 2022

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Satish Shetty

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Other

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Renewable Energy
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Azure Power Posts ₹4.48 Billion Revenue, 27% YoY Growth in Q3 FY 2022

Azure Power, an independent solar power producer, reported operating revenue of ₹4.48 billion (~$60.2 million) in the third quarter (Q3) of the fiscal year (FY) 2022, a...

March 2, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Daily News Wrap-Up: SJVN Receives Letter of Intent for 125 MW of Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Uttar Pradesh New and Renewable Energy Agency (UPNEDA) issued a letter of intent to...

January 11, 2022

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Harsh Shukla

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Other

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Renewable Energy
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CERC Asks Solar Power Generator and Procurers to Settle ‘Change in Law’ Claims Mutually

The Central Electricity Regulatory Commission (CERC) recently ruled that power generators and procurers should mutually settle claims under the ‘Change in Law’...

January 6, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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CERC Directs Solar Developer to Approach SECI for ‘Change in Law’ Claims

The Central Electricity Regulatory Commission (CERC) recently directed a solar project developer and the subsidiaries to approach Solar Energy Corporation of India...

December 21, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Commission Rejects Solar Developer’s Claim for Service Tax and GST Compensation

The Central Electricity Regulatory Commission (CERC) has rejected a solar energy developer’s compensation petition for the additional tax burden on operation and...

December 2, 2021

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Harsh Shukla

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Markets & Policy

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Solar

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