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.
Defer Bids Until Power Sale Agreements Backlog is Cleared – Solar Developers to Minister
The Solar Power Developers Association (SPDA) has written to Union Power Minister R.K. Singh asking to stop new auction activity for solar projects until the backlog of power sale agreements ...
India’s Solar Installations Reach 40 GW Milestone
India's cumulative solar installations have hit the 40 GW milestone, according to Mercom India Research. As of February 2021, the country's total installations comprised 34.9 GW of utility-scale solar installations and ...
File Timeframe to Clear Dues of Solar and Wind Generators – Andhra High Court to DISCOMs
The High Court of Andhra Pradesh has directed the Southern Power Distribution Company Limited (APSPDCL) and Eastern Power Distribution Company Limited (APEPDCL) to file an affidavit by March 31, 2021, with ...
Adani Green to Acquire a 75 MW Solar Project from Sterling and Wilson
Adani Green Energy Limited (AGEL) has announced that it will acquire 75 MW of operational solar assets in Telangana from Sterling and Wilson, a Shapoorji Pallonji Group subsidiary, for ₹4.46 ...
West Bengal Allows Net Metering for Rooftop Solar Systems Installed Before June 30, 2021
The West Bengal Electricity Regulatory Commission (WBERC) has ruled that consumers who install solar photovoltaic systems before June 30, 2021, will be eligible for net metering facilities. Background The Commission ...
Indore Smart City Reissues Tender for Consulting and O&M for 120 MW of Solar Projects
The Indore Smart City Development Limited (ISCDL) has issued a revised tender for consultants to set up 100 MW to 120 MW ground-mounted or floating solar power projects in the ...
Andhra Pradesh Regulator Denies Relief for a 25 MW Solar Project Claiming Force Majeure
The Andhra Pradesh Electricity Regulatory Commission (APERC) has rejected a solar developer’s plea for relief for the delayed commissioning of a 25 MW solar power project at Gurramkonda in the ...
BHEL Lands its First Overseas EPC Contract for 8 MW of Solar Projects in Mauritius
Bharat Heavy Electricals Limited (BHEL) announced its plans to set up an 8 MW solar project at Tamarind Falls, Henrietta (Phase-II), Mauritius. This would be its first overseas turnkey contract ...
Adani Receives Letter of Award for 300 MW Wind Power Projects
Adani Green Energy Holding Fifteen Limited, a subsidiary of Adani Green Energy Limited (AGEL), announced that it received a letter of award for a 300 MW wind energy project. Adani ...
BHEL Calls for Detailed Report on Manufacturing Feasibility from Quartz to Solar Modules
Bharat Heavy Electricals Limited (BHEL), an Indian engineering and manufacturing enterprise has invited bids for consulting firms to prepare a detailed project report (DPR) on the solar photovoltaics (PV) manufacturing ...
TCIL Invites Bids to Set Up 5 GW of Solar Projects Under CPSU Program by IREDA
Telecommunications Consultants India Limited (TCIL) has floated an expression of interest (EoI) to select partners for setting up grid-connected solar projects in India under the Central Public Sector Undertaking (CPSU) ...
Empanelment Tenders Floated for 18 MW of Rooftop Solar Projects on Government Buildings
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated tenders to empanel agencies for 18 MW of captive grid-interactive rooftop solar projects to be set up at government ...
Energy Efficiency Company Smart Joules Raises $4.1 Million in Series A Funding
Smart Joules, an energy-efficiency-as-a-service company, said it raised $4.1 million in Series A funding from ADB Ventures, Burman Family Office, Max I. Limited, cKinetics Accelerator, Saket Burman from the Dabur ...
SECI Payouts to Solar, Wind Developers Stood at ₹4.25 Billion in January 2021
The Solar Energy Corporation of India (SECI) paid about ₹4.25 billion (~$58.6 million) to solar and wind developers in January 2021, according to data released by the agency. These expenses ...
Euler Motors Closes Series A Funding Round with Additional $2.6 Million Raise
New Delhi-based electric vehicle (EV) maker Euler Motors announced that it had raised an additional $2.6 million in Series A funding from ADB Ventures - the venture investing arm of the Asian ...
Chhattisgarh Releases Draft Renewable Purchase Obligations Regulations for 2021-2026
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft notification for the state’s renewable purchase obligation (RPO) and renewable energy certificates (REC) framework regulations for 2021-2026. The Chhattisgarh ...
Solar and EV Sectors to Prop Up Silver Demand as Prices Roll Off Eight-Year High Hit in February
The solar photovoltaic and electric vehicle sectors have been a steady source of silver demand over the past decade. The demand is expected to continue in the coming years as ...
GUVNL Reissues Tenders for 800 MW of Solar Projects Scrapped Earlier
Gujarat Urja Vikas Nigam Limited (GUVNL) has reissued tenders to purchase 800 MW of solar power from grid-connected solar projects at the Dholera and Raghanesda Solar Parks in the state ...
Bidders Asked to Factor Basic Customs Duty for the 50 MW Solar with 10 MW Agro-PV Tender
The Solar Energy Corporation of India (SECI) has amended its tender for 50 MW of solar photovoltaic (PV) projects in Tamil Nadu, asking bidders to factor in the basic customs ...
Lowest Tariff of ₹2.77/kWh Quoted in SECI’s 1.2 GW Wind Auction
Adani Renewable Energy, Ayana Renewable Power, Evergreen Power, and JSW Future Energy won 1.2 GW of wind power projects in the Solar Energy Corporation of India’s (SECI) auction to select ...
Amazon To Set Up 62 MW of Ground-Mounted Solar Projects in Singapore
U.S.-based e-commerce giant Amazon announced its plans to set up 62 MW of ground-mounted solar projects in Singapore. It expects to complete the project in 2022. It is expected to generate 80,000 ...
Haryana Budget Includes Solar Projects, Lights, Pumps, and EV Announcements
Haryana Chief Minister Manohar Lal announced the budget for 2021-22. Provisions were made to set up 93 MW of solar projects, among other renewable and e-mobility plans. The Haryana Power ...
Bids Invited to Connect Existing Non-Functional Solar Projects to Grid with Net Metering
The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a tender to connect and synchronize existing non-functional off-grid solar projects at state government institutions. Bidders must submit an earnest ...
Andhra Pradesh Invites Bids to Procure Electric Two-Wheelers for Government Employees
The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited expressions of interest for electric two-wheelers for use by state government employees. Bidders must pay a non-refundable ...
Tariff for a Delayed, Partially Synchronized Rooftop Solar System Slashed by 46%
The Karnataka Electricity Regulatory Commission (KERC) has issued directions for a new power purchase agreement (PPA) to be signed for a 1 MW rooftop solar power system at a revised ...
