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.
Kerala Invites Bids for a Waste to Energy Project in Ernakulam
The Kerala State Industrial Development Corporation Limited (KSIDC) has invited bids to develop a solid waste management project integrated with a waste-to-energy plant with a minimum processing capacity of 300 ...
Sterling and Wilson Solar Reports Slump in Revenues and Profits in FY 2020
Sterling and Wilson Solar Limited, a solar engineering, procurement, and construction (EPC) company, has reported lower revenue, profit, and earnings before income, tax, depreciation, and amortization (EBITDA) for the year ...
MNRE To Allow Installation of Innovative Solar Pump Technologies In Test Mode
The Ministry of New and Renewable Energy (MNRE) has issued guidelines for installing innovative standalone solar pumps to promote technological innovation in the sector. These guidelines pertain to solar pump ...
SunEdison Restructures Its Rooftop Solar Business
SunEdison Infrastructure Limited, a Chennai-based renewable energy company, has entered into a framework agreement to restructure and transfer under-construction commercial and industrial (C&I) and other businesses of the company to ...
Uttar Pradesh Issues Tender for Procuring 20 MW of Bagasse-Based Power
The Uttar Pradesh Power Corporation Limited (UPPCL) has issued a request for proposal (RfP) for procuring 20 MW of power for ten years from bagasse-based projects. The procurement will help ...
Infosys Signs Climate Pledge to Become Carbon Neutral by 2040
Infosys, an Indian information technology company, has signed up for ‘The Climate Pledge,’ committing to achieve net-zero carbon emissions across its businesses by 2040, according to a statement from U.S.-based ...
Rajasthan Tenders 1.6 MW of Rooftop Solar With Locally Made Modules
The Rajasthan State Agricultural Marketing Board (RSAMB) has floated a tender for about 1.6 MW of grid-tied rooftop solar systems to be set up at various locations in the state ...
ReNew Power to be Compensated for Impact of Safeguard Duty on its 250 MW Solar Project
The Maharashtra Electricity Regulatory Commission (MERC) has ruled that ReNew Solar Power Private Limited is eligible for claiming compensation for the additional expenses incurred due to the imposition of safeguard ...
Anti-Dumping Duty Imposed on Coated Flat Products Used in Solar Mounting Structures
The Ministry of Finance (MoF) has imposed an anti-dumping duty on aluminum and zinc coated flat products from China PR, Vietnam, and Korea RP to protect the domestic industry. These ...
SECI’s 2 GW Solar Tender Gets Enthusiastic Response, Oversubscribed by 3.28 GW
The Solar Energy Corporation of India’s (SECI) recent tender for 2 GW of the interstate transmission system (ISTS) connected solar projects (Tranche IX) has garnered a lot of interest from developers ...
Developer Allowed to Invoke Force Majeure for Delayed Solar Project Due to COVID-19
Amid the COVID-19 crisis, the Maharashtra Electricity Regulatory Commission (MERC) has exempted ACME Heergarh Powertech Private Limited from its contractual obligations under force majeure provision of its power purchase agreement ...
Cleantech Solar Receives $75 Million Green Loan to Help Set Up 500 MW of Solar Projects
Cleantech Solar, a Singapore-based commercial and industrial (C&I) focused solar developer, announced that it received a green loan of $75 million (~₹5.67 billion) from the Singapore branch of the ING Bank ...
Tata Power Installs 200,000 Smart Meters in the National Capital
Tata Power Delhi Distribution Limited (TPDDL) announced that it installed 200,000 smart meters across its consumer segments. It supplies electricity to a population of seven million in North Delhi, with 1.7 ...
MNRE Announces Extension to its Waste to Energy Program
The Ministry of New and Renewable Energy (MNRE) has announced that its waste-to-energy program would be extended beyond March 31, 2020. It said that the program would continue without any ...
2022 Deadline for ISTS Waiver Not Enough for Solar Projects Stuck in Limbo Amid COVID-19
The coronavirus crisis has disrupted the momentum in all segments of the renewable industry. The Ministry of Power’s (MoP) waiver on Interstate Transmission System (ISTS) charge is currently only applicable ...
Indian Railways’ 400 MW Solar Tender Comes With Domestic Content Requirement
The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has published the details of the tender for 400 MW of grid-connected solar ...
CERC Removes Floor Prices for Solar and Non-Solar RECs
The Central Electricity Regulatory Commission (CERC) has issued an order implementing revised forbearance and floor prices for solar and non-solar renewable energy certificates (RECs). In its order, the Commission implemented ...
![Top Five States for Utility-Scale Solar Installations [Infographics]](https://i1.wp.com/mercomindia.com/wp-content/uploads/2020/06/Top-Five-States-for-Utility-Scale-Solar-Installations-Infographics.png?fit=800%2C554&ssl=1)
Top Five States for Utility-Scale Solar Installations [Infographics]
During the first quarter of 2020, 886 MW of large-scale solar projects were installed in India, accounting for 82% of overall solar installations, according to Mercom India Research’s Q1 2020 ...
Sri Lanka Receives $100 Million Loan from India for Installing Rooftop Solar Systems
Sri Lanka announced that it had received a $100 million (~₹7.56 billion) loan from the Government of India for installing solar rooftop systems on government buildings. These funds will also ...
What Value Will ALMM Listing Add to the Solar Industry?
The Ministry of New and Renewable Energy’s (MNRE) proposal to implement its ‘Approved Lists of Models and Manufacturers’ (ALMM) order has raised more questions than it has answered. Why has ...
MNRE to Set Up a Project Development Cell to Attract Investment in Renewables
The Ministry of New and Renewable Energy (MNRE) has issued an order for setting up a Project Development Cell (PDC) within the Ministry as per the central government’s specifications. The ...
Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices
The Supreme Court of India has dismissed an appeal by the Green Energy Association (GEA) seeking a stay order on the Central Electricity Regulatory Commission’s (CERC) order to reduce the ...
PowerGrid Corporation to Separate its Transmission Business
The PowerGrid Corporation of India Limited (PGCIL) has announced its plans to separate its power transmission business to form a 100% subsidiary that will carry out transmission-related functions, as per ...
Andhra Pradesh Issues Guidelines for 10 GW of Solar Projects for State’s Farmers
The Government of Andhra Pradesh (GoAP) has issued an order with guidelines to implement its 10 GW solar power project program for farmers in the state. The program aims to provide nine ...
Tata AutoComp and US-Based Tellus Power to Set up EV Charging Stations in India
Tata AutoComp Systems announced that it had signed a Memorandum of Understanding (MoU) with U.S.-based electric vehicle (EV) charging infrastructure company Tellus Power Green to set up charging stations in ...
