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.
Month in a Minute: Important News Snippets from India’s Renewable Sector in November 2019
For the domestic renewable industry, November was a busy month on the investment front. There were several important funding announcements in the Indian renewable sector, along with technological developments and ...
Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019
According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Trina Solar, Adani, and Risen Energy emerged as the top ...
Rajasthan’s 113.5 MW Solar Tender Oversubscribed by 38 MW
The Rajasthan Renewable Energy Corporation Limited’s (RRECL) recent solar tender for 113.5 MW of decentralized solar projects in the state has been oversubscribed. RRECL stated that its 113.5 MW tender ...
Assam Set to Procure 100 Electric Buses Under Second Phase of FAME Program
The Assam State Transport Corporation (ASTC) has issued a request for proposal (RfP) for the procurement, operation, and maintenance of 100 electric buses on gross cost contract (GCC) basis in ...
Maharashtra DISCOM to Pay ₹7 Million as Delayed Payments to Three Wind Generators
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSECDL) to clear its outstanding dues with three wind developers in the state, including interest ...
Maharashtra Commission Approves a Tariff of ₹2.52/kWh to Procure 7 MW of Wind Power
The Maharashtra Electricity Regulatory Commission (MERC) has issued an order approving the procurement of 7 MW of wind power at a tariff that was requested by the Maharashtra State Electricity ...
BSES and Ola Electric Join Hands to Set Up Battery Swapping Stations in New Delhi
Delhi’s DISCOM BSES has announced signing a memorandum of understanding (MoUs) with Ola Electric to set up battery swapping and charging stations in parts of New Delhi in a move ...
Tamil Nadu Floats Tender for DSM Infrastructure for Renewables
The Tamil Nadu Transmission Corporation Limited (TANTRANSCO) has floated a tender for the hardware and software required to set up the infrastructure to facilitate deviation settlement mechanism (DSM) for renewable ...
Nemji Solar Plans to Start 1 GW Solar Module Manufacturing Unit Next Year
Nemji Solar, a new entrant into the solar industry has announced that it plans to start operating a 1 GW solar module manufacturing facility by April 2020. The Gujarat-based company ...
Haryana DISCOMs to Allow Net Metering Until Rooftop Solar Capacity Reaches 500 MW
The Haryana Electricity Regulatory Commission (HERC) has issued an updated version of its regulations for rooftop solar grid-interactive systems based on net metering in response to a petition filed by ...
ANERT Floats Tender for 10 MW of Off-Grid Solar Projects in Kerala
The Agency for Non-Conventional Energy and Rural Technology (ANERT) has issued a tender for 10 MW of off-grid solar power projects at public institutions across 14 districts in the state ...
EIB to Stop Funding Fossil Fuel-Based Projects After 2021
The European Investment Bank (EIB) has announced that it will end financing fossil fuel-based projects by the end of 2021. The global lender now wants to focus its financing for ...
RK Singh Sheds Light on Center’s Dispute with Andhra Pradesh over Solar, Wind Tariffs
In response to a question raised in the Lok Sabha, Union Power Minister R.K. Singh has shed light on the ongoing renewable energy dispute between Andhra Pradesh government and the ...
Over 285,000 Electric Vehicle Buyers Have Received Subsidies Under FAME Program
The Ministry of Heavy Industries and Public Enterprises (MHIPE) has announced that about 285,000 buyers of electric and hybrid vehicles have benefitted from the subsidies provided under the Faster Adoption ...
Indian Railways has Installed 95.67 MW of Rooftop Solar Capacity: Piyush Goyal
The Minister of Railways, Piyush Goyal, has announced that the ministry has installed 95.67 MW of rooftop solar systems to date. In response to an inquiry in the Lok Sabha, Goyal replied that the ministry had awarded nearly 248.46 MW of solar capacity ...
Jaipur Set to Procure 100 Air Conditioned Electric Buses
Jaipur City Transport Services Limited (JCTSL) has issued a request for proposal (RfP) for the supply, operation, and maintenance of 100 fully air-conditioned electric buses in the city under public-private ...
France’s PROPARCO Makes $15 Million Equity Investment in Solar Developer Avaada Energy
PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer Avaada Energy Private Limited. According to Mercom’s ...
BSES Rajdhani and Power Ledger Set to Launch Solar Energy Trading Platform in Delhi
BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a blockchain-based renewable energy trader, and launched trials for a peer-to-peer (P2P) energy trading platform. The platform will allow residents ...
Tender Floated for Feasibility Study of Pumped Storage Projects in Andhra Pradesh
The New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP) has floated a tender for reports on techno-commercial feasibility of pumped storage power (PSP) projects at 30 tentative ...
Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020
Pune-based renewable energy solutions provider Suzlon Group has announced its financial results for the second quarter (Q2) of the fiscal year 2019-20 (FY 2020). Suzlon reported a net loss of ...
Maharashtra Invites Bids for 3.65 MW of Rooftop and Ground-Mounted Solar Projects
The Maharashtra Energy Development Agency (MEDA) has invited bids for 3.65 MW of grid-connected solar projects in the state. The tender includes both rooftop and ground-mounted solar systems to be ...
Lithium Urban Technologies Partners with Wipro for Employee Transportation EV Fleet
Lithium Urban Technologies Private Limited has partnered with Indian software giant Wipro to expand its fleet of electric vehicles (EV) for transporting its employees across its offices in India. The ...
APTEL Asks Tamil Nadu Commission to Review its Tariff Order for Renewables
The Appellate Tribunal for Electricity (APTEL) has asked the Tamil Nadu Electricity Regulatory Commission’s (TNERC) to pass a new tariff order for power procured from renewable sources. This judgment comes ...
With Newly Commissioned Solar Projects, Azure Power Sees a 28% Rise in Revenue in Q2 FY20
Azure Power (NYSE: AZRE) has announced its consolidated financial results for the second quarter of the financial year (FY) ending September 30, 2019. The independent solar power producer reported that ...
After the Success of SAUBHAGYA Program, Off-Grid Solar Product Sales Decline: GOGLA
Sales of off-grid solar products in India fell by 20% in the first half of 2019 when compared with the second half of 2018, according to the latest report from ...
