German firm Enerparc bags electricity trading licence
BusinessLine·2025-12-22 00:31

Group 1: Enerparc's Trading License - German solar company Enerparc has been granted a Category V trading license by the Central Electricity Regulatory Commission (CERC) for interstate trading, allowing it to trade 500 million units of electricity annually for 25 years [1] - The license requires a minimum net worth of ₹2 crore and prohibits Enerparc from engaging in the business of electricity transmission during the license period [1] Group 2: Enerparc's Operations - Enerparc has been operating in India for 12 years and is an EPC player, having built 180 solar plants in 27 countries with a total capacity of 47GW globally [2] Group 3: CERC's Transmission License Decisions - CERC has denied a transmission license to TP Gopalpur Transmission Ltd, previously known as EREX-XXXIX Power Transmission Limited, which is owned by the Odisha government [3] - The commission noted that one applicant, ACME, withdrew its application, and another applicant, AVAADA, expressed a desire to shift to intra-State operations, leaving no participants for the instant transmission scheme valued at approximately ₹2,892 crore [4][5] - CERC deemed it premature to grant a transmission license for the instant transmission scheme and referred the matter back to the National Committee on Transmission for reconsideration [5] Group 4: ACME's Project Status - ACME Clean Energy Pvt Ltd withdrew its application for grid connectivity of 2,182 MW at the Gopalpur substation, but this withdrawal does not indicate abandonment of its green hydrogen project [5][6] Group 5: GELITHIUM Inverter Launch - GEON, part of the Kolsite Group, launched GELITHIUM integrated inverter solutions, combining an advanced inverter with a high-performance lithium-ion battery in a compact unit [7] - GELITHIUM is designed for homes, clinics, and small retail setups, offering up to 95% power efficiency and a lifespan 5–6 times longer than traditional lead-acid batteries [8] - The product charges faster, operates silently, and is maintenance-free, eliminating the need for external batteries and complex installations [9]