Author Archives: Nithin Thomas Prasad
About Nithin Thomas Prasad
Nithin is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor's Degree in Commerce from Loyola College, Chennai. More articles from Nithin.
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure
Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions company Enel X to enter the e-mobility segment in India. The companies ...
Residential Solar Company Sunrun Installs Over 600 MW of Solar in 2020
U.S.-based residential solar, storage, and energy services provider Sunrun has announced that its total revenue in the fourth quarter of 2020 (Q4 2020) stood at $320.4 million, a 31% increase ...
Karnataka Invites Bids for 50 Electric Buses under FAME II Program
The North Western Karnataka Road Transport Corporation (NWKRTC) has floated a tender for 50 electric buses under the gross cost contract (GCC) model under the Faster Adoption and Manufacturing of ...
First Solar Reports 34% Year-Over-Year Slide in Net Sales in Q4 2020
U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 34% from about $1.4 billion in the ...
Cost of Large-Scale, Rooftop Solar Systems Rise Slightly in Q4 2020
The average cost of large-scale solar projects stood at about ₹35.3 million (~$488,255)/MW as of the fourth quarter of 2020 (Q4 2020), according to Mercom's recently released 2020 Q4 & Annual ...
U-Solar Wins SECI’s EPC Services Auction for a 5 MW Solar Project at Tuticorin Port
U-Solar Clean Energy has said it has won 5 MW of grid-connected, ground-mounted solar projects at the V. O. Chidambaranar Port Trust at Tuticorin, Tamil Nadu, in a tender floated by ...
Essar Power to Set Up a 90 MW Open Access Solar Project in Madhya Pradesh
Essar Power, a subsidiary of Indian multinational conglomerate and construction company Essar Group, announced that its board of directors had approved plans to enter the Indian renewable energy market by ...
Bids Invited to Set Up a 5 MW Floating Solar Project at a Thermal Power Station
The West Bengal Power Development Corporation Limited (WBPDCL) has invited bids for setting up a 5 MW grid-connected floating solar power project at the Santhaldih Thermal Power Station in Purulia ...
EESL Subsidiary Floats Tender for 100 MW of Solar Projects in Maharashtra
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has floated a tender for setting up 100 MW of solar power projects in Maharashtra with ...
Tumakuru Smart City Issues Tender for a 20 MW Floating Solar Project
Karnataka's Tumakuru Smart City Limited (TSCL) has issued a tender for setting up and maintaining a 20 MW floating solar power project at the Bugudanahalli Reservoir in Tumakuru. Interested bidders ...
France’s Total Sells Stake in 338 MW of Solar and Wind Assets
French oil and gas major Total announced its plans to sell parts of its stake in its solar and wind farms to France-based Crédit Agricole Assurances and Banque des Territoires. The value ...
Coimbatore Municipality Issues Tender for a 2 MW Solar Project
The Coimbatore City Municipal Corporation (CCMC) has called for bids from contractors for setting up a 2 MW grid-connected solar photovoltaic project in Coimbatore, Tamil Nadu. The funds for the project ...
Renewables Account for 50% of Hindustan Coca-Cola’s Energy Needs in India
Hindustan Coca-Cola Beverages (HCCB) has announced that 50% of all energy requirements at its factories in the country are being met through renewable power. The company has offset 46,500 tons ...
Tender Issued to Set Up 2 MW of Solar Projects at Agartala Airport in Tripura
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Limited, has invited bids for setting up 2 MW of grid-connected ground-mounted solar photovoltaic projects at the Agartala airport ...
APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction
The Appellate Tribunal for Electricity (APTEL) has directed the Gujarat Urja Vikas Nigam Limited (GUVNL) to extend the validity of bids placed by developers in its scrapped 700 MW solar auction ...
Rising Sun Energy Bags a 190 MW Project in Rajasthan’s Nokh Solar Park from NTPC
Rising Sun Energy, a New Delhi-based independent power producer, won 190 MW of solar projects quoting a tariff of ₹2.25 (~$0.031)/kWh in NTPC Limited’s auction for 190 MW of grid-connected ...
SJVN Floats Tender Seeking End-to-End Services for 1 GW of Open Access Solar Projects
SJVN Limited has floated a tender seeking services from firms to arrange for land, connectivity, open access, and power purchase agreements for 1 GW of grid-connected solar projects in the country ...
SolarEdge’s Revenue Inches Up in the Final Quarter of 2020
SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6% with $358.1 million ...
Solar Developer Loses Bank Guarantee, to Pay Liquidated Damages For Delay
The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected a developer’s plea to extend the commissioning date of a 100 MW solar project in the state. It has also allowed ...
JSW Announces Sustainability, Renewable Energy Generation Roadmap
Mumbai-based power producer JSW Energy announced plans to double its power generation portfolio with renewable and hydropower-based generation sources contributing to 70% of its total capacity in the medium term ...
Tender for 20 MW Solar Project at Faridabad Thermal Power Station Reissued
The Haryana Power Generation Corporation Limited (HPGCL) has reissued a tender for 20 MW of grid-connected solar photovoltaic power projects at Faridabad, Haryana. According to the agency, the tender failed ...
Tender Floated for the Construction of a 6 MW Solar Project in Haryana
The Haryana Power Generation Corporation Limited (HPGCL) has floated a tender for 6 MW of grid-connected solar photovoltaic projects at Chandpur in Faridabad, Haryana. Bidders must make an earnest money ...
Developers Say ISTS Waiver Extension Inevitable, Highlight Other Pressing Issues
Renewable energy projects commissioned on or before June 30, 2023, have a waiver on inter-state transmission system (ISTS) charges and losses. But most of these projects are yet to sign ...
NTPC Floats EPC Tender for up to 300 MW of Solar Projects in Gujarat
NTPC Limited has invited bids for the engineering, procurement, and construction (EPC) of up to 300 MW of grid-connected solar photovoltaic projects along with land in Gujarat. The public sector undertaking ...
Regulator Rules in Favor of Solar Project Developer for Delay in Signing PPA
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) not to encash Avaada Energy's bank guarantee for a delay in signing the power ...
