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.

nithin@mercomindia.com

@nithinthomas91

Maharashtra Regulator on Additional Open Access Power Over Contracted Demand

Maharashtra Regulator on Additional Open Access Power Over Contracted Demand

The Maharashtra Electricity Regulatory Commission (MERC) has rejected a wind power developer’s petition contesting the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) decision to reject open access to its customers ...
/ / Wind
Qualified Coordinating Agencies Required for 5 MW Solar and 15 MW Wind Farms

Qualified Coordinating Agencies Required for 5 MW Solar and 15 MW Wind Farms

MOIL Limited, a state-owned manganese-ore mining company, headquartered in Nagpur, has floated a tender seeking the services of qualified coordinating agencies (QCAs) for its solar and wind power farms. The ...
Tamil Nadu to Empanel Vendors for 5 MW of Residential Rooftop Solar Projects

Tamil Nadu to Empanel Vendors for 5 MW of Residential Rooftop Solar Projects

The Tamil Nadu Energy Development Agency (TEDA) has issued a tender to empanel vendors for 5 MW of grid-connected rooftop solar projects for domestic customers in the state. The projects ...
/ / Rooftop, Solar
Karnataka Regulator Reduces Tariff for 60 MW of Adani Green’s Delayed Solar Projects

Karnataka Regulator Reduces Tariff for 60 MW of Adani Green’s Delayed Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has denied Adani Green Energy (UP) Limited’s requests for relief under the force majeure clause of its power purchase agreement (PPA) with the Bangalore ...
Sterling and Wilson Solar’s Profit Falls 63% YoY in Q1 FY 2021

Sterling and Wilson Solar’s Profit Falls 63% YoY in Q1 FY 2021

Sterling and Wilson Solar Limited (SWSL), a solar engineering, procurement, and construction (EPC) company, reported a 63% fall in profits year over year (YoY) during the quarter ended June 30, ...
Gujarat’s Blueprint to Establish Tariffs for Wind-Solar Hybrid Projects

Gujarat’s Blueprint to Establish Tariffs for Wind-Solar Hybrid Projects

The Gujarat Electricity Regulatory Commission (GERC) has invited comments from stakeholders on its discussion paper to start a regulatory process for determining tariffs for wind-solar hybrid projects. The GERC noted ...
Bangladesh Issues Bids to Develop 100 MW of Wind Projects

Bangladesh Issues Bids to Develop 100 MW of Wind Projects

The Bangladesh Power Development Board (BPDB) has released a notice inviting bids to develop 100 MW of grid-connected wind power projects at two sites in the country. The board intends ...
/ / Other, Wind
Maharashtra DISCOM and SECI Spar Over Solar Agreement, Dispute on Jurisdiction

Maharashtra DISCOM and SECI Spar Over Solar Agreement, Dispute on Jurisdiction

The Maharashtra Electricity Regulatory Commission (MERC) asserted that it was the appropriate commission to adjudicate a dispute between the Solar Energy Corporation of India (SECI) and the Maharashtra State Electricity ...
Daqo New Energy to Invest $576 in Polysilicon Manufacturing Facilities Through IPO

Daqo New Energy to Invest $576 Million in Polysilicon Manufacturing Facilities Through IPO

Chinese solar photovoltaic (PV) grade polysilicon manufacturer Daqo New Energy Corporation has revealed plans to raise $732 million (~₹53.7 billion) for new polysilicon manufacturing facilities and working capital requirements. In its press ...
/ / Finance and M&A, Solar
SECI Announces Yet Another Deadline Extension for 97.5 MW Rooftop Solar Tender

SECI Announces Yet Another Deadline Extension for 97.5 MW Rooftop Solar Tender

The Solar Energy Corporation of India (SECI) has yet again extended the timeline for its tender for 97.5 MW of grid-connected rooftop solar systems on government building across the country ...
EXIM Bank Floats Tender Seeking Consultants for Rural Solar Projects in Suriname

EXIM Bank Floats Tender Seeking Consultants for Rural Solar Projects in Suriname

The Export-Import Bank of India (EXIM) has floated a tender seeking Indian consultancy firms to assist in the electrification of 50 villages in the Republic of Suriname in South America ...
Andhra_ APTEL Approves Curtailment of Wind Power in the State Citing Grid Stability

Andhra: APTEL Approves Curtailment of Wind Power in the State Citing Grid Stability

The Appellate Tribunal for Electricity (APTEL) declined a wind power generator’s appeal against the Andhra Pradesh State Load Despatch Centre (APSLDC) and the Transmission Corporation of Andhra Pradesh (APTRANSCO), asking ...
/ / Wind
EESL to Buy 250 EVs from Tata and Hyundai to Upgrade Government’s Fleet

EESL to Buy 250 EVs from Tata and Hyundai to Upgrade Government’s Fleet

The Energy Efficiency Services Limited (EESL) announced its plans to acquire 250 electric vehicles (EVs) from Tata Motors and Hyundai Motor India for use by the Indian Government. Tata Motors will supply 150 of ...
/ / Finance and M&A, Other
Bids Invited for Annual Supply of 5,000 Solar Lanterns and Study Lamps in Maharashtra

Bids Invited for Annual Supply of 5,000 Solar Lanterns and Study Lamps in Maharashtra

The Maharashtra Energy Development Agency (MEDA) has issued an expression of interest (EoI) to empanel suppliers for about 5,000 LED-based solar lanterns and study lamps per year in the state ...
REC’s Subsidiary the Lowest Bidder with ₹2.58_kWh in SECI’s 10 MW Bagru Solar Auction

REC’s Subsidiary the Lowest Bidder with ₹2.58/kWh in SECI’s 10 MW Bagru Solar Auction

The REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, announced that it was the lowest bidder in the Solar Energy Corporation of India’s (SECI) e-reverse auction ...
Electricity Tribunal Rules in Favor of Wind Generator, Sets Aside CERC Order

Electricity Tribunal Rules in Favor of Wind Generator, Sets Aside CERC Order

The Appellate Tribunal for Electricity (APTEL) has ruled in favor of a wind developer who sought the tribunal to set aside an order by the Central Electricity Regulatory Commission (CERC) ...
/ / Wind
MNRE’s Biomass-Based Cogeneration Program Extended by a Year

MNRE’s Biomass-Based Cogeneration Program Extended by a Year

The Ministry of New and Renewable Energy (MNRE) has extended the validity of its biomass-based cogeneration program. The program has been extended until March 31, 2021, or until the recommendations ...
/ / Biofuel, Other
Tamil Nadu Commission Directs State DISCOM to Pay ₹6.7 Million in Wind Energy Dues

Tamil Nadu Commission Directs State DISCOM to Pay ₹6.7 Million in Wind Energy Dues

The Tamil Nadu State Electricity Regulatory Commission (TNERC) has ordered the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay wind generators ₹6.69 million (~$91,586) along with interest at 1% ...
/ / Other, Wind
NTPC to Enlist EPC Vendors for Floating and Ground-Mounted Solar Projects

NTPC to Enlist EPC Vendors for Floating and Ground-Mounted Solar Projects

NTPC Limited has issued a tender to enlist engineering, procurement, and construction (EPC) vendors for floating and ground-mounted solar projects in the country. The scope of work includes the design, engineering, ...
/ / Floating Solar, Solar
Maharashtra Commission Clarifies RPO for Energy Procured from Cogeneration Projects

Maharashtra Commission Clarifies RPO for Energy Procured from Cogeneration Projects

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Oil and Natural Gas Corporation (ONGC) to comply with its renewable purchase obligation (RPO) target of 9% as per state regulations ...
Here are the Top Global Large-Scale Solar Developers in the World

Here are the Top Global Large-Scale Solar Developers in the World

Mercom Capital Group has released a new report revealing the top 10 global large-scale solar PV developers. Adani Green Energy was the top solar photovoltaics (PV) developer in the world ...
NTPC Plans to Raise ₹150 Billion in Bonds to Meet Capital Requirements

NTPC Plans to Raise ₹150 Billion in Bonds to Meet Capital Requirements

NTPC Limited announced it plans to get its shareholders’ approval to authorize the company’s board of directors to raise about ₹150 billion (~$2.05 billion) through the issue of bonds during ...
Indian Oil Corporation to Solarize its Retail Outlets, Calls for Vendor Empanelment

Indian Oil Corporation to Solarize its Retail Outlets, Calls for Vendor Empanelment

The Indian Oil Corporation Limited (IOCL) has invited an expression of interest (EoI) for empanelling vendors or lump-sum turnkey contractors for solar projects at its retail outlets under its Punjab ...
/ / Off-grid, Solar
L&T Sells its Electrical and Automation Business to Schneider Electric

L&T Sells its Electrical and Automation Business to Schneider Electric

Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric. Schneider Electric will own a 65% stake in ...
Uttar Pradesh Floats Tender for Off-Grid Solar Products

Uttar Pradesh Floats Tender for Off-Grid Solar Products

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for solar street lighting systems, solar projects with battery backup, solar fencing, and solar water heaters in ...