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

Uttar Pradesh Reviews Regulations for Captive Renewable Projects

Uttar Pradesh Reviews Regulations for Captive Renewable Projects

The Uttar Pradesh Energy Regulatory Commission (UPERC) has reviewed its regulations for captive and renewable energy generating projects (CRE Regulations, 2019) in response to a petition from the Uttar Pradesh ...
IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) ...
Assam Floats Tender To Convert Diesel Operated Water Pipelines to Solar

Assam Floats Tender to Convert Diesel Operated Water Pipelines to Solar

The Public Health Engineering Department (PHED) of Assam has floated a tender for the “conversion of diesel-driven water pipelines to solar power operated piped water supply system” in eight different ...
Maharashtra DISCOM Asked to Extend Commissioning Timeline for 100 MW of Wind Projects

Maharashtra DISCOM Asked to Extend Commissioning Timeline for 100 MW of Wind Projects

The Maharashtra Electricity Regulatory Commission (MERC) has asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to extend the financial closure and scheduled commissioning dates for a wind power project ...
/ / Wind
New Method Could Produce Ethanol From Plant Waste at a Low Cost

New Method Could Produce Ethanol From Plant Waste at a Low Cost

A new process that could significantly reduce the cost of producing biofuels like ethanol from plant waste has been discovered by researchers at Rutgers University in New Brunswick, New Jersey ...
/ / Biofuel, Other
ENGIE to Sell 74% Stake in its Indian Solar Assets to Edelweiss Infrastructure Yield Plus

ENGIE to Sell 74% Stake in its Indian Solar Assets to Edelweiss Infrastructure Yield Plus

ENGIE, a French multinational electric utility company, has announced that it is selling a 74% stake in its solar assets in India to Edelweiss Infrastructure Yield Plus (EIYP). This transaction ...
Solar Developer ReNew Power Raises $450 Million Through Dollar Bond Issue

Solar Developer ReNew Power Raises $450 Million Through Dollar Bond Issue

ReNew Power Private Limited, a domestic renewable project developer, has raised $450 million (~₹31.96 billion) through a dollar bond issuance. Mercom confirmed the deal with the parties involved. The bonds ...
New Renewable Energy Platform O2 Power to Build 4 GW of Solar and Wind Projects in India

New Renewable Energy Platform O2 Power to Build 4 GW of Solar and Wind Projects in India

Swedish private equity company EQT Infrastructure and Singapore-based holdings company Temasek have announced the launch of O2 Power, their renewable energy platform in India. According to a press statement from ...
SECI’s Tender for Solar-Wind Storage Projects with Assured Peak Power Supply Oversubscribed

SECI’s Solar-Wind Storage Tender with Assured Peak Power Supply Oversubscribed by 420 MW

The Solar Energy Corporation of India Limited’s (SECI) tender for setting up 1.2 GW of renewable projects with guaranteed peak power supply has been oversubscribed by 420 MW. The list ...
Masdar Announces Plans to Develop 145 MW of Floating Solar Projects in Indonesia

Masdar Announces Plans to Develop 145 MW of Floating Solar Projects in Indonesia

Masdar (or the Abu Dhabi Future Energy Company) announced that it had signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), Indonesia’s state electricity company, for a 145 ...
MERC Extends Commissioning Timeline for a Wind Project After Land Acquisition Delay

MERC Extends Commissioning Timeline for a Wind Project After Land Acquisition Delay

The Maharashtra Electricity Commission (MERC) has asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to extend the financial closure and scheduled commissioning dates of a wind project. The project ...
/ / Other, Wind
Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle of its partnership with ...
Masdar Signs Pact to Develop a 200 MW Solar Project in the Republic of Azerbaijan

Masdar Signs Pact to Develop a 200 MW Solar Project in the Republic of Azerbaijan

Masdar (or Abu Dhabi Future Energy Company) recently announced that it had signed an agreement with the Ministry of Energy of the Republic of Azerbaijan to design, finance, build and operate ...
Tripura Announces Tender to Solarize 1,300 Agricultural Pumps under KUSUM Program

Tripura Announces Tender to Solarize 1,300 Agricultural Pumps under KUSUM Program

The Tripura Renewable Energy Development Agency (TREDA) has floated a tender for the solarization of 1,300 grid-connected agricultural water pumps in the state. The scope of work will include the ...
Karnataka_ Delayed Rooftop Solar Project’s Tariff Reduced to ₹5.20_kWh from ₹9.56_kWh

Karnataka: Delayed Rooftop Solar Project’s Tariff Reduced to ₹5.20/kWh from ₹9.56/kWh

The Karnataka Electricity Regulatory Commission (KERC) issued an order in favor of the Bangalore Electricity Company (BESCOM) and directed Emmvee Solar to downward revise the tariff for a 1 MW ...
Jinko’s Bifacial Solar Modules Achieve Efficiency of 22.49%

Jinko’s Bifacial Solar Modules Achieve Efficiency of 22.49%

JinkoSolar, a China-based solar module manufacturer, has announced that it has broken the world record for maximum conversion efficiency for its bifacial solar modules, hitting 22.49%. With this, the company ...
/ / Modules, Solar
CERC Rules in Favor of PGCIL as a Wind Developer Fails to Achieve Timely Financial Closure

CERC Rules in Favor of PGCIL as a Wind Developer Fails to Achieve Timely Financial Closure

The Central Electricity Regulatory Commission (CERC) rejected a plea by Vaayu Renewable Energy Private Limited, a renewable energy developer, who filed a petition seeking for the commission to direct the ...
/ / Wind
Uttar Pradesh’s 500 MW Solar Tender Left Undersubscribed by 268 MW

Uttar Pradesh’s 500 MW Solar Tender Undersubscribed by 268 MW

The Uttar Pradesh New and Renewable Energy Development Agency’s (UPNEDA) 500 MW solar tender has been undersubscribed by 268 MW, according to Mercom’s sources. The tariff ceiling set for this ...
Haryana, Karnataka, Kerala Emerge as Top States for Energy Efficiency

Haryana, Karnataka, Kerala Emerge as Top States for Energy Efficiency

The Ministry of Power (MoP) has announced the release of its ‘State Energy Efficiency Index 2019’ report, which keeps tabs on the progress made by the Indian states and union ...
SECI Announces RfS for 1.2 GW Wind-Solar Hybrid Tender

SECI Announces RfS for 1.2 GW Wind-Solar Hybrid Tender

The Solar Energy Corporation of India (SECI) has issued the request for selection (RfS) for setting up 1,200 MW of interstate transmission-connected wind-solar hybrid power projects in the country under ...
Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Solar’s Share in India’s Total Installed Power Capacity Reaches 9.6% at the End of 2019

Renewable energy (including large hydro) accounted for almost 36% of India’s total power capacity mix at the end of the calendar year (CY) 2019, according to data from the Central ...
NTPC Floats O&M Tender for a 50 MW Solar Project in Madhya Pradesh

NTPC Floats O&M Tender for a 50 MW Solar Project in Madhya Pradesh

The National Thermal Power Corporation (NTPC) has floated a tender for the operation and maintenance (O&M) of its 50 MW grid-connected Rajgarh solar project in the state of Madhya Pradesh ...
SECI Invites Solar, Wind Energy Generators to Supply Power Through Open Access

SECI Invites Solar, Wind Energy Generators to Supply Power Through Open Access

The Solar Energy Corporation of India (SECI) has invited Expression of Interest (EOI) from interested renewable energy generators for the supply of power through open access. The EoI is for ...
Indore Smart City Tenders Consulting and O&M for 100 MW of Solar Projects

Indore Smart City Tenders Consulting and O&M for 100 MW of Solar Projects

Indore Smart City Development Limited (ISCDL) has floated a tender for a consultant for 100 MW of solar projects. The estimated cost of work is ₹20 million (~$281,587). Interested bidders ...
Jammu and Kashmir Issues EOI to Carry Out Evaluation Study of its Solar Devices

Jammu and Kashmir Issues EOI to Carry Out Evaluation Study of its Solar Devices

The Jammu and Kashmir Energy Development Agency (JAKEDA) has issued an Expression of Interest (EoI) for conducting a study assessing the impact of the solar devices it has installed under ...