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.

nithin@mercomindia.com

@nithinthomas91

MNRE Denies Additional Five-Month Commissioning Date Extension for Renewable Projects

MNRE Denies Additional Five-Month Commissioning Date Extension for Renewable Projects

The Ministry of New and Renewable Energy (MNRE) has issued a notification denying requests for another five-month extension for commissioning renewable energy projects, stating that these extensions would not be ...
Haryana Sets Levelized Tariff of ₹2.48_kWh for Amplus Sun's 50 MW of Solar Projects

Haryana Sets Levelized Tariff of ₹2.48/kWh for Amplus Sun’s 50 MW of Solar Projects

The Haryana Electricity Regulatory Commission (HERC) has approved a tariff of ₹2.48 (~$0.034)/kWh for 50 MW of Amplus Sun Solutions' solar power projects in Bhiwani, Haryana, after re-examining the capital ...
Wind Installations up 70% in the Fourth Quarter of 2020

Wind Installations up 70% in the Fourth Quarter of 2020

Wind installations in India were up nearly 70% in the fourth quarter of 2020 (Q4 2020), with about 500 MW of capacity added compared to 295 MW installed in the ...
NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh

NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh

NTPC Limited has installed 1,083 MW of solar, wind, and small hydropower projects and plans to add 16.5 GW of renewables between 2022-27, Union Power Minister R.K. Singh said in ...
Tender Floated for Setting up EV Charging, Battery Swapping Stations in Delhi (1)

Tender Floated for Setting up EV Charging, Battery Swapping Stations in Delhi

Delhi Transco Limited has floated a tender for setting up electric vehicle (EV) charging and battery swapping stations under packages (sites) A - J across the national capital territory of ...
REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

REC Limited has announced that it has registered a net profit of ₹22.6 billion (~$310.9 million) in the third quarter (Q3) of the financial year (FY) 2021, an increase of 38% ...
Tata Power Reports 8% Rise in Total Revenue, 22.3% Increase in Profits

Tata Power Reports 8% Rise in Total Revenue, 22.3% Increase in Profits

Tata Power has said its total revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) stood at ₹77.4 billion (~$1.06 billion), up 8% from ₹71.7 billion (~$986 ...
Gross Metering for Rooftop Solar Systems Over 10 kW Proposed in Karnataka

Gross Metering for Rooftop Solar Systems Over 10 kW Proposed in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has proposed allowing net metering for rooftop solar projects between 1 kW and 10 kW and gross metering for capacity over 10 kW. The ...
/ / Rooftop, Solar
Solar Generation in Q4 2020 11% Higher from Previous Quarter, Up 26% Annually

Solar Generation in Q4 2020 9% Higher from Previous Quarter, Up 26% Annually

In Q4 2020, the country generated about 14.2 billion units (BU) of solar power compared to 12.9 BU in the previous quarter. The data showed that solar generation was returning ...
Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

Suzlon Energy Limited has announced a 43% jump in its net revenue in the third quarter (Q3) of the financial year (FY) 2021 on the back of a ramp-up in its ...
SECI Seeks Consultants for a 100 MW Solar Project with Battery Energy Storage System

SECI Seeks Consultants for a 100 MW Solar Project with Battery Energy Storage System

The Solar Energy Corporation India (SECI) has floated a global tender for consultancy services for a 100 MW (AC) solar project along with a 40 MW/120 MWh battery energy storage ...
Over 2.9 GW of Projects Approved in Solar Parks in Uttar Pradesh and Northeastern States

Over 2.9 GW of Projects Approved in Solar Parks in Uttar Pradesh and Northeastern States

Over 2.9 GW of solar power park projects with central financial assistance (CFA) of over ₹384 million (~$5.3 million) have been approved in Uttar Pradesh and the northeastern states of ...
Month in a Minute_ Top Headlines from Indian Renewable Sector in January 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in January 2021

Here is a recap of some of the most important headlines from January 2021: Tata Power joined hands with the Small Industries Development Bank of India to provide affordable financing exclusively for ...
Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43 billion ...
IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January

IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2% monthly increase. This was ...
/ / Uncategorized
Solar is the New King as Installed Capacity Surpasses Wind

Solar is the New King as Installed Capacity Surpasses Wind

The share of solar power in India’s installed power capacity mix reached 10.3%, exceeding that of wind-based power sources for the first time, according to Mercom’s data. The share of ...
SECI to Float Tender for 1,785 MW of Solar Projects in Rajasthan

SECI to Float Tender for 1,785 MW of Solar Projects in Rajasthan

The Solar Energy Corporation of India (SECI) has announced its intent to float a tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV). SECI said the projects are to ...
Gujarat Regulator Allows DISCOM to Scrap 700 MW Solar Auction

In Another Bad Precedent, Gujarat Regulator Allows DISCOM to Scrap 700 MW Solar Auction

The Gujarat Electricity Regulatory Commission (GERC) has allowed the Gujarat Urja Vikas Nigam Limited (GUVNL) to cancel the 700 MW solar auction in the state’s Dholera Solar Park and retender ...
India Needs $206 Billion Between 2015-2030 to Fight Climate Change

Economic Survey 2021: India Needs $206 Billion Between 2015-2030 to Fight Climate Change

The Ministry of Finance's (MoF) Economic Survey for 2021 reiterated the Indian government's commitment to sustainable development despite the challenges brought forth by the COVID-19 pandemic. It also spoke about ...
NTPC Issues EPC Tender for 735 MW of Solar Projects in Nokh Solar Park, Rajasthan

NTPC Issues EPC Tender for 735 MW of Projects in Nokh Solar Park, Rajasthan

NTPC Limited has invited bids to build 735 MW of grid-connected solar projects in three blocks of 245 MW each at the Nokh Solar Park in Rajasthan. The public sector ...
Uttar Pradesh Announces Tender for 275 MW of Solar Projects

Uttar Pradesh Announces Tender for 275 MW of Solar Projects

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated a request for selection for solar power developers to set up 275 MW of grid-connected solar power projects ...
Tamil Nadu Invites Bids for 500 MW of Solar Projects Under Component A of KUSUM Program

Tamil Nadu Invites Bids for 500 MW of Solar Projects Under Component A of KUSUM Program

The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has floated a tender to set up 500 MW of solar projects under Component-A of the Pradhan Mantri Kisan Urja Suraksha ...
REIL Floats Tender for 6,500 Polycrystalline Solar Modules

REIL Floats Tender for 6,500 Polycrystalline Solar Modules

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids for contract manufacturing of 6,500 polycrystalline solar photovoltaic ...
Outlook for Energy Storage in 2021Outlook for Energy Storage in 2021

Outlook for Energy Storage in 2021

As renewable installations in the country rise, it is crucial to ensure adequate energy storage solutions are in place to support renewables integration into the power mix. While the Indian government ...
Open Access Solar Installations Increased by 56% in 2020 Despite Challenges

Open Access Solar Installations Increased by 56% in 2020 Despite Challenges

The total installed capacity in the open access (OA) market as of December 2020 stood at almost 4 GW, with a project development pipeline of over 1 GW, according to ...