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.

nithin@mercomindia.com

@nithinthomas91

Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy, an Italian renewable company, in partnership with Inspired Evolution, has successfully closed the buy-out of its African and Middle East business and launched Red Rocket, an independent power producer ...
India and Denmark Sign Pact to Work Towards Renewable Capacity Expansion

India and Denmark Sign Pact to Work Towards Renewable Capacity Expansion

The Danish Energy Agency has announced that India’s Ministry of Power (MoP) and the Danish Ministry of Climate, Energy, and Utilities, have signed a memorandum of understanding (MoU) to help India work ...
Solar Federation Asks for Waiver of Solar and Wind ISTS Charges Amid COVID-19

Solar Federation Asks for Extension of ISTS Charges Waiver for Solar and Wind Projects

The National Solar Energy Federation of India (NSEFI) has asked the Ministry of New and Renewable Energy (MNRE) to extend the waiver of Interstate Transmission System (ISTS) charges and losses ...
Maharashtra Approves Amended Energy Purchase Agreement for Two Wind Projects

Maharashtra Approves Amended Energy Purchase Agreement for Two Wind Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved the extension of an amended energy purchase agreement (EPA) between Tata Power Company Limited- Distribution (TPC-D) and its wind energy business Tata ...
/ / Wind
Emami Group Sells its Solar Segment to Brookfield Asset Management

Emami Group Sells its Solar Segment to Brookfield Asset Management

The Emami Group, a Kolkata-based conglomerate, has sold its solar power business to Canadian Investment Company, Brookfield Asset Management, through a 100% stake sale. While the company confirmed the development ...
Uttar Pradesh DISCOM Asked to Clear Dues for Procuring Power from Bagasse-Based Project

Uttar Pradesh DISCOM Asked to Clear Dues for Procuring Power from Bagasse-Based Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ordered the Uttar Pradesh Power Corporation Limited (UPPCL) to clear its dues with Kesar Enterprises Limited (KEL) for the procurement of bagasse-based ...
Researchers Announce Cheaper Sodium-ion Battery to Compete with Lithium-ion

Researchers Announce Cheaper Sodium-ion Battery to Compete with Lithium-ion

Researchers at the Washington State University (WSU) and Pacific Northwest National Laboratory (PNNL) announced that they have created a sodium-ion battery that can be made with widely and cheaply available ...
IREDA Has Set Aside ₹100 Billion to Indian Renewable Energy Sector in 2020

IREDA Has Set Aside ₹100 Billion for Renewable Energy Projects in 2020

Mercom India hosted a webinar on key trends shaping the Indian solar market based on its recently released India Solar Market Update report for the first quarter of 2020. The ...
REMCL Tasked with Setting Up 3 GW of Solar Projects on Vacant Lands of Indian Railways

REMCL Tasked with Setting Up 3 GW of Solar Projects on Vacant Lands of Indian Railways

The Railway Energy Management Limited (REMCL), a subsidiary of RITES Limited, has been assigned the responsibility of setting up 3 GW of solar power projects on vacant lands of the Indian ...
Karnataka Commission Denies Commissioning Extension to Four Solar Projects

Karnataka Commission Denies Commissioning Extension to Four Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has passed orders for four solar power developers asking them to pay liquidated damages for delays in project commissioning. In its orders, the KERC ...
Karnataka Commission Asks BESCOM to Pay for Additional Solar Power Supplied by Developer

Karnataka Commission Asks BESCOM to Pay for Additional Solar Power Supplied by Developer

The Karnataka Electricity Regulatory Commission (KERC) has passed an order directing the Bangalore Electricity Supply Company Limited (BESCOM) to pay Walwhan Renewable Energy Limited for the supply of solar power ...
Sri Lanka Extends Bid Submission Deadline for its 150 MW Solar Tender

Sri Lanka Extends Bid Submission Deadline for its 150 MW Solar Tender

Sri Lanka’s Ceylon Electricity Board (CEB) has extended the bid submission deadline of its tender for 150 MW of solar projects to be developed at various locations in the country ...
Hearing on Continued Levy of Safeguard Duty on Solar Imports to be Held on June 11, 2020

Hearing on Continued Levy of Safeguard Duty on Solar Imports to be Held on June 11, 2020

The Director-General of Trade Remedies (DGTR) will hold an oral hearing on June 11, 2020, to discuss the continued imposition of safeguard duty (SGD) on the import of solar cells ...
Uttarakhand Floats Tender for Briquetting and Bio-Oil Projects

Uttarakhand Floats Tender for Briquetting and Bio-Oil Projects

The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a request for proposal (RfP) seeking developers for briquetting or bio-oil projects based on biomass-based fuels. A briquette is a compressed block ...
COVID Crisis Will Drive the Digital Transformation of Solar Companies_ Huawei Interview

COVID Crisis Will Drive the Digital Transformation of Solar Companies: Huawei Interview

Power is an essential service, and the renewable industry has been one of the saviors of the power sector in this crisis. Solar, in particular, has shown that it is ...
Five Lowest Solar Bids Recorded in 2019 [Infographics]

Five Lowest Solar Bids Recorded in 2019 [Infographics]

India’s solar industry is extremely price-sensitive, where the difference of a single penny can make a difference. Over 16 GW of solar projects were auctioned in 2019, and the lowest ...
NHPC to Set Up 205 MW of Solar and Hydro Projects in Ladakh

NHPC to Set Up 205 MW of Solar and Hydro Projects in Ladakh

NHPC Limited plans to set up 155 MW of hydropower and 50 MW of solar projects in the union territory (UT) of Ladakh. In a meeting, A.K. Singh, chairman-cum-managing director, ...
NHPC Diversifies into Solar Power Business

NHPC Diversifies into Solar Power Business

NHPC Limited (Formerly National Hydroelectric Power Corporation), announced that its board of directors had approved a proposal to diversify the company’s business to include solar power projects. The hydropower generator ...
R.K. Singh Seeks ₹3 Trillion to Revamp Power Sector and DISCOMs Over the Next 5 Years

R.K. Singh Seeks ₹3 Trillion to Revamp Power Sector and DISCOMs Over the Next 5 Years

The Union Minister of Power, R.K. Singh, has sought for the Finance Commission’s support to revamp the Indian power sector at the state level and has asked for ₹3 trillion (~$40.05 billion) ...
SECI Extends Bidding Deadline for a 2.5 GW Solar Tender in Karnataka

SECI Extends Bidding Deadline for a 2.5 GW Solar Tender in Karnataka

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline of its Request for Selection (RfS) for 2.5 GW of interstate-connected solar projects under Tranche X (ISTS-X) ...
Tata Power to Expand its EV Charging Stations to over 700 by FY 2021

Tata Power to Expand its EV Charging Stations to over 700 by FY 2021

Tata Power has announced its plans to expand its electric vehicle (EV) charging network in the country to over 700 by the end of the financial year 2021. The company ...
6 Month Moratorium to Renewable Generators Can Bring Huge Relief_ ReNew Interview

Six Month Moratorium to Renewable Generators Can Bring Huge Relief: ReNew Interview

The global coronavirus crisis has disrupted production processes and supply chains across sectors, and the solar industry is no exception. In India, the lockdown is still in place, and social ...
PFC Readies to Set Up Transmission Systems To Evacuate 35.9 GW of Solar Power

PFC Readies to Set Up Transmission Systems to Evacuate 35.9 GW of Solar Power

The Power Finance Corporation (PFC), the financial backbone of the Indian power sector, announced the incorporation of five of its special purpose vehicles (SPV) as wholly-owned subsidiaries of PFC Consulting ...
/ / Grid, T&D
PGCIL Extends Bidding Deadline for Transmission Systems of Solar Projects in Rajasthan

PGCIL Extends Bidding Deadline for Transmission Systems of Solar Projects in Rajasthan

State-owned power transmission company, the Power Grid Corporation of India Limited (PGCIL), has extended the bid submission deadline for its tender to establish transmission systems to evacuate power from solar ...
/ / Grid, T&D
Prime Minister Stresses the Need to Boost Domestic Production of Solar Components

Prime Minister Stresses the Need to Boost Domestic Production of Solar Components

In a meeting with the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE), Prime Minister Narendra Modi highlighted the need for a more holistic approach ...