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

NTPC to Provide Consultancy Services for Solar Projects in Togo

NTPC to Provide Consultancy Services for Solar Projects in Togo

The Ministry of Power announced that the National Thermal Power Corporation (NTPC) had been awarded the letter of engagement as the project management consultant (PMC) for the development of 300 ...
Inverter Companies Facing Strong Downward Pricing Trends_ Sineng Interview

Solar Inverter Companies Facing Strong Downward Pricing Trends: Sineng Interview

India has significant potential to generate solar energy, thanks to high solar irradiation in most parts of the country. The hurdles mostly lie in the market and policy environment. These ...
Gujarat Announces 500 MW Solar Tender with a Ceiling Tariff of ₹2.65_ kWh

Gujarat Announces 500 MW Solar Tender with a Ceiling Tariff of ₹2.65/kWh

The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for selection (RfS) for the purchase of power from 500 MW of grid-connected solar projects (Phase VIII). The maximum ...
BHEL Seeks Contractors for a 100 MW Floating Solar Project in Telangana

BHEL Seeks Contractors for a 100 MW Floating Solar Project in Telangana

Bharat Heavy Electricals Limited (BHEL) has issued a notice inviting tender for contractors to set up a 100 MW AC floating solar project for the National Thermal Power Corporation (NTPC) ...
CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has ruled in favor of Azure Power in its petition against the Solar Energy Corporation of India (SECI) that sought to invoke the ‘Change ...
Solar Tender and Auction Activity Surged in January 2020

Solar Tender and Auction Activity Surged in January 2020

Tender activity in January 2020 saw an increase of over 70% from the previous month with over 4 GWs of solar projects announced, according to Mercom India’s Solar Tender Tracker, ...
GE T&D to Set Up Gas-Insulated Substation in Jaipur to Evacuate 1 GW of Solar Power

GE T&D to Set Up Gas-Insulated Substation in Jaipur to Evacuate 1 GW of Solar Power

GE T&D India Limited, a transmission, and distribution company, announced that it has been awarded a contract by the Power Grid Corporation of India Limited (PGCIL) to construct a 765 ...
/ / Grid, T&D
Component Manufacturers in Renewable Industry Need More Support

Component Manufacturers in Renewable Industry Need More Support: Sungrow Interview

Solar inverter manufacturers have not had the easiest of times in the Indian market lately, given an uncertain policy environment and rising competition from foreign players. The ambiguity of the ...
Tender Issued to Solarize 504 Agricultural Pumps Under KUSUM Program in Jodhpur

Tender Issued to Solarize 504 Agricultural Pumps Under KUSUM Program in Jodhpur

The Jodhpur Vidyut Vitran Nigam Limited (JVVNL) has floated a tender for the solarization of 504 agricultural pumps to be distributed to 17 select 11 kV feeders of the Jodhpur ...
NTPC Raises $750 Billion Syndicated Loan to Reduce Emissions from Power Projects

NTPC Raises $750 Million Syndicated Loan to Reduce Emissions from Power Projects

The National Thermal Power Corporation (NTPC) announced that it had raised a syndicated loan worth $750 million (~₹53.5 billion) in Japanese Yen to fund capital expenditure for the installation of ...
/ / Other Energy
Rajasthan Electronics Seeks to Empanel Agencies for Setting Up EV Charging Stations

Rajasthan Electronics Seeks to Empanel Agencies for Setting Up EV Charging Stations

The Rajasthan Electronics and Instruments Limited (REIL), a public-sector enterprise operating in the electronics, information technology, and renewable energy segment, has floated an expression of interest (EoI) to empanel agencies ...
Ajmer Calls for Bids to Solarize 5,874 Water Pumps Under KUSUM Program

Ajmer Calls for Bids to Solarize 5,874 Water Pumps Under KUSUM Program

The Ajmer Vidyut Vitran Nigam Limited (AVVNL) has floated a tender for the solarization of 5,874 pumps distributed on 92 selected feeders in the Ajmer distribution company to aid the ...
Economic Survey 2020_ India on Track to Meet its Renewable Target

Economic Survey 2020: India on Track to Meet its Renewable Target

The Ministry of Finance’s Economic Survey for 2020 highlighted the government’s efforts to push for renewable energy and fight climate change in 2019. It, however, did not make any comments ...
Jaipur DISCOM Floats Tender for 6,367 Solar Pumps Under KUSUM Program

Jaipur DISCOM Floats Tender for Solarization of 6,367 Water Pumps Under KUSUM Program

The Jaipur Vidyut Vitran Nigam Limited (JVVNL) has floated a tender for solarization of 6,367 grid-connected water pumps under Component-C of the government’s KUSUM Program. The scope of work will ...
Tata Power Reports 12% Rise in Q3 FY20 Net Profit with Renewable Additions

Tata Power Reports 12% Rise in Q3 FY20 Net Profit with Renewable Additions

Tata Power has announced its earnings for the third quarter of the financial year 2020 (Q3 FY20), posting a net profit of ₹2.46 billion (~$34.5 million) during the quarter, up ...
NHPC’s 2 GW Solar Tender Receives Bids from Nine Developers, Oversubscribed by 1.7 GW

NHPC’s 2 GW Solar Tender Oversubscribed

The National Hydroelectric Power Corporation’s (NHPC) tender for 2 GW of Interstate transmission systems (ISTS) connected solar projects has been oversubscribed by 1.78 GW. The tender received bids from nine ...
MNRE Releases List of Technically Qualified Organizations for Biogas Study

MNRE Releases List of Technically Qualified Organizations for Biogas Study

The Ministry of New and Renewable Energy (MNRE) has released a list of technically qualified organizations for independent third-party evaluation study for the New National Biogas and Organic Manure Program ...
/ / Biofuel, Other
Madhya Pradesh Issues RfP for 25 MW of Rooftop Solar Projects with Battery StorageMadhya Pradesh Issues RfP for 25 MW of Rooftop Solar Projects with Battery Storage

Madhya Pradesh Issues RfP for 25 MW of Rooftop Solar Projects with Battery Storage

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a request for proposal (RfP) to select contractors for grid-connected and off-grid rooftop solar projects within the state. The off-grid ...
1.4 GW of ISTS Solar Projects Awarded by NTPC Stand Canceled

1.4 GW of ISTS Solar Projects Awarded by NTPC Stand Canceled

In an important development for the industry, 1.4 GW of solar projects that were awarded under the National Thermal Power Corporation’s (NTPC) 2 GW auction has been canceled due to ...
CDC Group has Allocated $10 Million to Boost Solar Power in South Africa and Namibia

CDC Group has Allocated $10 Million to Boost Solar Power in South Africa and Namibia

CDC Group, a U.K. government-owned financial development institution, has announced that it plans to invest £2 billion (~₹184.41 billion) in African businesses over the next two years to double the ...
AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

The African Development Bank (AfDB) recently announced that the Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) reached its final equity close target of $59 million (~₹4.17 billion) ...
NTPC Floats O&M Tender for 10 MW Solar Project in Telangana

NTPC Floats O&M Tender for 10 MW Solar Project in Telangana

The National Thermal Power Corporation (NTPC) has invited bids for the operation and maintenance of a 10 MW solar project in Ramagundam, a city in the Peddapalli district of Telangana, ...
India May Experience a Net-Negative Agricultural Impact from Climate Change_ Report

India May Experience a Net-Negative Agricultural Impact from Climate Change: Report

The McKinsey Global Institute (MGI) has released a report titled “Climate Risk and Response,” which focuses on understanding the nature and extent of physical risk from climate change over the ...
/ / Other, Other Energy
China Sets a Subsidy Budget of RMB 1.5 Billion for New Solar Projects in 2020

China Sets a Subsidy Budget of RMB 1.5 Billion for New Solar Projects in 2020

China’s National Energy Administration (NEA) has announced that it plans to provide subsidies of RMB 1.5 billion (~$216.1 million) for new solar power projects in the country this year, according ...
MAHAGENCO Invites EoI for a 10 MW Floating Solar Project

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

The National Hydroelectric Power Corporation (NHPC) has issued documents for enlisting engineering, procurement, and construction (EPC) vendors for floating and ground-mounted solar projects starting from 10 MW in size. The ...