Author Archives: Arjun Joshi
About Arjun Joshi



Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022
The electric vehicle (EV) industry is entering the new year on the back of blockbuster sales in 2022 when it clocked one million units, a growth of over 300%, as ...

Regulator Allows Buying Wind Energy from Projects with Expired Agreements
Maharashtra Electricity Regulatory Commission (MERC) has allowed Maharashtra State Electricity Distribution Company (MSEDCL) to procure 18.36 MW wind power at ₹2.65 (~$0.032)/kWh for 12 years from wind generators with expired ...

DISCOMs Owed ₹274 Billion to Power Generators as of December 2022
Distribution companies (DISCOMs) owed power generators ₹273.93 billion (~$3.32 billion) in overdue payments for the monthly billing cycle at the end of December, according to Ministry of Power data. The ...

Gujarat DISCOMs Seek Approval for A Steep Green Tariff at ₹9.89/kWh
Gujarat's power distribution companies (DISCOMs) have petitioned the Gujarat Electricity Regulatory Commission (GERC) to approve a green tariff of ₹9.89 (~$0.12)/kWh in the true-up petition filed for the financial year ...

Rajasthan Regulator Allows DISCOM to Extend Wind Power Purchase Agreements
Rajasthan Electricity Regulatory Commission (RERC) has granted permission to Rajasthan Urja Vikas Nigam (RUVNL) to extend the power purchase agreements (PPA) with six wind projects for five years. The Commission ...

Railways Issues Tender for 1.9 MW Rooftop Solar Projects in West Bengal
The Eastern Railway has invited bids to install 1.9 MW of grid-connected rooftop solar systems across multiple sites in the Sealdah Division of West Bengal. The project’s estimated cost is ...

Regulator Allows Solar Developer to Recover Interest on Extra Expenditure
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed Adani Solar Energy Chitrakoot One (ASECOL) to recover the carrying cost of the additional expenditure the company incurred due to the ...

Renewable Energy Trading on IEX Increases by 6% MoM in December
The Indian Energy Exchange (IEX) traded 377 million units (MU) of renewable energy in December 2022, an 6% increase month-over-month (MoM) compared to 354 MU traded in the previous month ...

Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs
The Ministry of Power has amended the Electricity Rules providing guidelines to implement the uniform renewable energy tariff for the central pool of projects connected to interstate transmission systems (ISTS) ...

Germany Ups Ceiling Tariff by 25% After Poor Response to Renewable Auctions
The underwhelming response to solar and wind auctions in 2022 has prompted the Bundestag (German Parliament) to allow the Federal Network Agency (Bundesnetzagentur) to raise the tariff cap by up ...

Electric Vehicle Sales Clocked a Record One Million Units in 2022
Electric vehicle (EV) sales in India reached a record one million units in 2022, a jump of over 300% against the 322,877 units sold in 2021. EVs accounted for 4.7% ...

Month in a Minute: Top Headlines from Indian Renewable Sector in December 2022
India installed around 596 MW of open access solar capacity in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 91% year-over-year. The figure was revealed ...

SECI Invites Bids to Install 666,250 Off-Grid Solar Water Pumps Across India
The Solar Energy Corporation of India (SECI) is inviting bids to commission 666,250 off-grid solar water pumps with a capacity of 1-10 HP in select states across India under Component-B ...

Meghalaya Regulator Exempts Captive Cogeneration Consumer from RPO Compliance
The Meghalaya State Electricity Regulatory Commission (MSERC) has allowed Dalmia Cement to offset its renewable purchase obligation (RPO) with the power generated from its waste heat recovery boiler (WHRB). Additionally, ...

Regulator Directs DISCOM to Pay Late Payment Surcharge to Wind Developer
Madhya Pradesh Electricity Regulatory Commission (MPERC) has directed MP Power Management Company (MPPMCL) to pay outstanding dues along with a late payment surcharge (LPS) to a wind developer for the ...

Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Solar Energy Corporation of India (SECI) to return the performance bank guarantee to ReNew Power's subsidiaries. SECI had invoked the encashment ...
![Five Lowest Solar Tariffs in 2022 [Infographics]](https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/12/Five-Lowest-Solar-Tariffs-in-2022-Infographics.jpg)
Five Lowest Solar Tariffs in 2022 [Infographics]
Auction activity was robust in 2022, with 111.48 GW of solar capacity projects going under the hammer in 274 auctions. The lowest tariff discovered in 2022 was ₹2.29 (~$0.028)/kWh, an ...

Ahmedabad Municipal Corporation Seeks Bids for 2 MW Rooftop Solar Systems
Ahmedabad Municipal Corporation (AMC) has invited bids to commission 2 MW of grid-connected rooftop solar systems with remote monitoring systems atop its buildings. The project's estimated cost is ₹116.02 million ...

Haryana Notifies Wind, Hydro & Energy Storage Obligation Until FY30
The Haryana Electricity Regulatory Commission (HERC) has amended its renewable purchase obligation (RPO) policy to include wind energy in the RPO and move solar energy into the ‘other RPO’ category ...

Explainer: Why the New Regulations Have Made the Grid Unstable
Less than three weeks after the Central Electricity Regulatory Commission's (CERC) new regulation de-linked deviation charges and frequency, grid frequency swung wildly and dangerously on December 20, which spooked the ...

CERC Reverts to Frequency-Linked Mechanism as Grid Security Faces Threats
The Central Electricity Regulatory Commission (CERC) has reverted to frequency-linked deviation settlement mechanism (DSM) as an interim measure to protect grid stability which has been under pressure over the last ...

Top Five States for Utility-Scale Solar Installations in 2022 [Infographics]
The utility-scale solar installations in India stood at 52.71 GW, according to Mercom India Research’s latest available data at the end of the January-September period (9M). The full-year number for 2022 ...

BHEL Floats O&M Tender for a 5 MW Solar Project in Haridwar
Bharat Heavy Electricals Limited (BHEL) has invited bids for the operations and maintenance (O&M) of a 5 MW solar power project at its heavy electrical equipment plant (HEEP) in Haridwar, ...

Nepal Invites Bids to Procure 100 MW of Solar Power
Nepal Electricity Authority (NEA) has invited bids to develop 100 MW solar projects in Nepal. The last day to submit the bids is February 26, 2023. The bids will be ...

SJVN Green Invites Bids for 100 MW Solar Project in Gujarat
SJVN Green Energy, a wholly-owned subsidiary of SJVN, has invited bids to commission a 100 MW grid-connected solar power project in Goliwada, Gujarat. The selected developer must complete the project ...