KERC Wind Tariff Bidding

KERC Sets ₹3.74/kWh as Benchmark Tariff for Wind Projects in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has fixed ₹3.74 (~$0.058)/kWh as the generic tariff for wind projects in Karnataka. The new benchmark tariff will be applicable through March 31, 2018 ...
/ Other, Wind
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Energy Sector in August 2017

IDFC Alternatives’ India Infrastructure Fund II (IIF II), through its wholly-owned subsidiary Vector Green Energy, has entered into definitive agreements with First Solar Power India and its affiliates to acquire ...
/ Other, Renewable Energy
Non Solar REC Trading Wind IEX PXIL Aug 2017

Sale of Non-Solar RECs Decline

With obligated entities required to pay the old renewable energy certificate (REC) rate of ₹1,500/REC,  the total number of non-solar RECs sold in August 2017 was 2,89,505, 42 percent lower ...
/ Other, Renewable Energy
Inox Wind Adani Wind Order SECI

Inox Wind to Supply 100 MW of Wind Turbines to Adani for Wind Project in Gujarat

Inox Wind, a wind energy solutions providers, has closed a deal to develop a 100 MW wind power project for Adani Green Energy, part of the Adani Group, in Kutch, ...
/ Other, Wind
India Renewable Energy Policy Roundup

India Renewable Energy Policy Roundup from August 2017

Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
/ Other, Renewable Energy

MNRE Issues Advisory Asking States to Honor Wind PPAs

Bringing relief to wind project developers across India, the Ministry of New and Renewable Energy (MNRE) has issued an advisory to state governments and state electricity regulatory commissions (SERCs) asking ...
/ Other, Wind
Hydro Power Fund

₹160 Billion Hydropower Development Fund to be Finalized

The Government of India is close to finalizing a ₹160 billion (~$2.5 billion) hydropower development fund. “The Centre is set to finalize the creation of a ₹160 billion (~$2.5 billion) ...
/ Other, Water
EESL LED Distribution MOU

Energy Efficient Appliances to be Sold in Fuel Stations Across India

Taking the next steps towards an energy efficient India, the Energy Efficiency Services (EESL) entered into separate memorandum of understandings (MOU) with Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation ...
/ Energy Efficiency, Other
Saudi Arabia Renewable Energy

Saudi Arabia Could be a Significant Renewable Energy Market Going Forward

In the next six years, Saudi Arabia intends to produce 10 percent of its power from renewable sources of energy. The drive towards renewable energy is likely to see the ...
/ Other, Renewable Energy
SriLanka Renewable Energy

Sri Lanka to Reach 100 Percent Renewables by 2050

Sri Lanka can meet its current and future electricity demand through the use of renewable energy by 2050, according to a joint study by the UN Development Program (UNDP) and ...
/ Other, Renewable Energy
Small Hydro CFA MNRE

Financial Assistance Maybe at Risk for Small Hydro Developers Due to Lack of Reporting

The Ministry of New and Renewable Energy (MNRE) has issued an advisory to developers of small hydro projects stating that central financial assistance (CFA) may be at risk due to ...
/ Other, Water
EVs Electric Vehicles India

India Plans to Deploy Seven Million Electric Vehicles by 2020

India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
/ Other, Other Energy
Sri Lanka

IFC Invests $100 Million in Sri Lanka’s Renewable Energy Sector

The International Finance Corporation (IFC), a World Bank Group member, will invest $100 million to boost financing for renewable energy projects in Sri Lanka. The IFC will collaborate with Sri ...
/ Other, Renewable Energy
Electricity Demand in Germany

Renewable Energy Generated 35 Percent of Electricity Demand in Germany in First Half of 2017

According to the latest figures from the Centre for Solar Energy and Hydrogen Research in Baden-Wurttemberg (ZSW) and the German Association of Energy and Water Industries (BDEW), solar PV generated ...
/ Other, Renewable Energy
Khajuraho - Kandariya Mahadeo Temple

MPERC Proposes Scrapping Must-Run Status of Renewable Energy Generation in Madhya Pradesh

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has proposed applying scheduling and merit order dispatch principles to energy generation from co-generating and renewable energy generating units from time to time, ...
/ Other, Renewable Energy
DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

DGAD Recommends Imposition of Anti-Dumping Duty on Imports of Wind Turbine Castings from China

The office of the Directorate General of Anti-Dumping & Allied Duties (DGAD) has recommended the imposition of an anti-dumping duty on castings for wind-operated electricity generators originating in or exported ...
/ Other, Wind
Policy Roundup

India Renewable Energy Policy Roundup: July 2017

Mercom’s renewable energy policy roundup from central, state and government agencies in India for the month of July 2017: Gujarat Electricity Regulatory Commission (GERC) released the GERC Net-Metering Rooftop Solar ...
/ Other, Renewable Energy
Azure Power Sale of Bonds

Azure Power to Raise $500 Million (~Rs.32 Billion) from Sale of Bonds

Azure Power, an Indian solar power producer, will issue and raise around $500 million (~Rs.32 billion) from the sale of bonds to overseas investors. It bond offering was said to have attracted ...
/ Finance and M&A, Other
Month in a Minute India Solar Update July

Important Data Points and Headlines from the Indian Renewable Energy Sector in July 2017

Several hydropower projects in India are witnessing significant overruns in both time and costs. Only 28 percent of the total hydropower potential in India - out of 148 GW has been developed ...
/ Other, Renewable Energy
Delhi Electricity Regulatory Commission Solar RPO

Delhi Electricity Regulatory Commission Issues Draft Regulations for RPOs and RECs for Financial Years 2017-2020

The Delhi Electricity Regulatory Commission (DERC) has issued the Draft DERC (Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC) Framework Implementation) Regulations 2017. The DERC has asked stakeholders to ...
/ Other, Renewable Energy
UJALA Program

250.1 Million LED Bulbs Distributed Under UJALA Program

There have been 250.1 million smart and energy efficient LED bulbs distributed under the Unnat Jyoti by Affordable LEDs for All (UJALA) program as of July 12, 2017. The Minister ...
/ Energy Efficiency, Other
Piyush Goyal

RPO System to be Re-evaluated Says Power Minister Piyush Goyal

A separate solar and non-solar renewable purchase obligations (RPO) system should be reviewed according to Mr. Piyush Goyal, Minister of Power. If what’s been proposed by Mr. Goyal comes to ...
/ Other, Renewable Energy
Wind Reverse Auction India

With the Advent of Reverse Auctions Wind is a Player Again

India’s wind sector has been around for much longer than the solar sector with steady installations of about 1.5 – 2.5 GW per year. Cumulative wind installations have reached 32 ...
/ Other, Wind
Turbine Construction

PPAS For 1,050 MW Wind Projects Signed

Power Purchase Agreements (PPAs) for wind projects aggregating 1,049.9 MW were signed between PTC India, a power trading solution provider, and developers who won bids to develop projects in the ...
/ Other, Wind
Haryana Electricity Regulatory Commission Releases Discussion Paper on 2017 Tariff Regulations For Renewable Energy Sources

Haryana Electricity Regulatory Commission Releases Discussion Paper on 2017 Tariff Regulations For Renewable Energy Sources

The Haryana Electricity Regulatory Commission (HERC) has released a discussion paper on HERC (Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate ...
/ Other, Renewable Energy