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

At Over ₹844 Million, DISCOM Dues to Power Generators in October up 54% YoY

At Over ₹844 Billion, DISCOM Dues to Power Generators in October up 54% YoY

Outstanding dues to power generators from distribution companies (DISCOMs) at the end of October 2019 stood at ₹844.45 billion (~$11.83 billion), up by ₹297.76 billion (~$4.17 billion) or 54% from ...
/ / Grid, Utilities
Maharashtra Approves Tariff of ₹2.99_kWh for 50 MW of Solar Projects

Maharashtra Approves Tariff of ₹2.99/kWh for 50 MW of Solar Projects

The Maharashtra Electricity Regulatory Commission (MERC) has allowed the Maharashtra State Power Generation Company Limited (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) to procure solar power at rates ...
Gujarat Proposes Amendments to its Net Metering Rules for Rooftop Solar

Gujarat Proposes Amendments to its Net Metering Rules for Rooftop Solar

The Gujarat Electricity Regulatory Commission (GERC) has issued a draft notification regarding the second set of amendments for its net metering regulations for grid-connected rooftop solar systems. The new amendment ...
/ / Rooftop, Solar
AIIB Approves $65 Million Loan for Hero Future Energies’ Solar Project in Jodhpur

AIIB Approves $65 Million Loan for Hero Future Energies’ Solar Project in Jodhpur

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has announced that its board of directors has approved a $65 million (~₹912,896) loan for a 250 MW solar power ...
Tata Motors Announces the Launch of Electric SUV - Nexon EV

Tata Motors Announces the Launch of Electric SUV – Nexon EV

Tata Motors has announced Nexon EV, its first long-range electric sports utility vehicle (SUV) in the country, and has scheduled it to be launched in January 2020. The electric vehicle, priced ...
ŠKODA Commissions 8.5 MW of Rooftop Solar Systems at its Pune Production Plant

ŠKODA Commissions 8.5 MW of Rooftop Solar Systems at its Pune Production Plant

ŠKODA AUTO Volkswagen India Private Limited, a Czech Republic-based automobile company, has announced that it has commissioned 8.5 MW of solar rooftop systems at its manufacturing plant in Chakan, Pune ...
/ / Rooftop, Solar
Chhattisgarh Commission Lays Out Tariff Terms for Renewable Projects in the State

Chhattisgarh Commission Lays Out Tariff Terms for Renewable Projects in the State

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has specified the terms and conditions of tariffs for renewable energy sources for the sale of power to distribution licensees. The renewable projects ...
Gujarat Set to Amend its Net Metering Regulations for Rooftop Solar Systems

Gujarat Set to Amend its Net Metering Regulations for Rooftop Solar Systems

The Gujarat Electricity Regulatory Commission (GERC) says it will start working on a draft amendment for net metering regulations, incorporating changes and suggestions presented in a petition by the Gujarat ...
/ / Rooftop, Solar
Solar RPO Target of 13.5% by 2024-25 Stiff and Unachievable, Says Maharashtra DISCOM

Solar RPO Target of 13.5% by 2024-25 Stiff and Unachievable, Says Maharashtra DISCOM

The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has suggested revisions to the Maharashtra Electricity Regulatory Commission’s (MERC) draft regulations on renewable purchase obligations (RPO). As reported previously by Mercom, ...
TERI Tenders Battery Energy Storage Systems in Delhi

TERI Tenders Battery Energy Storage Systems in Delhi

The Energy and Resources Institute (TERI) has invited bids for battery energy storage systems (BESS) on turnkey basis under the U.S.-India Collaborative for Smart Distribution System with Storage (UI-ASSIST) initiative ...
Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy

Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy

The Bank of America (BofA) has announced its plans to lend ₹3.56 billion (~$50 million) to Fourth Partner Energy, a distributed solar energy management company. The amount is a local currency revolving ...
Haryana DISCOM Ordered to Pay Dues for Power from Captive Solar Project With Interest

Haryana DISCOM Ordered to Pay Dues for Power from Captive Solar Project With Interest

The Haryana Electricity Regulatory Commission (HERC) has issued an order directing the Uttar Haryana Bijli Vitran Nigam (UHBVN) to pay its dues to Merino Panel Products Limited for power injected ...
China, US, and India Added 9.4 GW of Solar in Q3 2019

China, US, and India Added 9.4 GW of Solar in Q3 2019

The top 3 solar markets in the world - China, the U.S., and India collectively added 9.4 GW of solar in Q3 of 2019. The U.S. solar market installed 2.6 ...
Vector Green Energy Acquires RattanIndia’s Solar Portfolio

Vector Green Energy Acquires RattanIndia’s Solar Portfolio

Vector Green Energy Private Limited, an independent power producer (IPP) which operates wind and solar projects, has acquired 225 MW (AC) solar generation capacity from RattanIndia, according to a source ...
Committee on Energy Sceptical of India’s Ability to Achieve its Solar Target for 2022

Committee on Energy Sceptical of India’s Ability to Achieve its Solar Target for 2022

The Parliamentary Standing Committee on Energy has expressed its concerns about the performance of the Ministry of New and Renewable Energy (MNRE) and the country’s ability to achieve its 100 ...
CERC Accepts Two-Day Delay, Allows Issue of Pending RECs to ITC

CERC Accepts Two-Day Delay, Allows Issue of Pending RECs to ITC

The Central Electricity Regulatory Commission (CERC) has issued an order directing the National Load Despatch Center (NLDC) to accept a procedural delay and allow the issue of 1,585 Renewable Energy ...
Airports in Assam, Bihar, and Maharashtra Go Solar

Airports in Assam, Bihar, and Maharashtra Go Solar

Vikram Solar has announced the commissioning of new solar projects at three airports for the Airports Authority of India. The three projects have been installed at Dibrugarh in Assam, Gaya ...
Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

Ganges, Purshotam Profiles, Strolar Top Solar Mounting Structure Suppliers in 1H 2019

According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Ganges Internationale, Purshotam Profiles, and Strolar emerged as the top ...
ReNew Power Partners with South Korea’s GS E&C for a 300 MW Solar Project in Rajasthan

ReNew Power Partners with South Korea’s GS E&C for a 300 MW Solar Project in Rajasthan

Independent power producer ReNew Power Private Limited has announced a joint venture partnership with South Korea’s GS E&C for the construction of a 300 MW solar power project in Rajasthan. The project is ...
/ / Solar, Utility Scale
NTPC Tenders 870 kW of Solar Rooftop Projects in Uttar Pradesh

NTPC Tenders 870 kW of Solar Rooftop Projects in Uttar Pradesh

The National Thermal Power Corporation (NTPC) has invited bids for 870 kW of rooftop solar projects at its generating stations in Uttar Pradesh. The project entails the supply and erection ...
Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells (1)

Central Electronics Limited Tenders for 1 Million Multicrystalline Solar Cells

Sahibabad-based public sector enterprise, Central Electronics Limited (CEL), has announced a tender for the supply of one million multi-crystalline solar cells on a fixed price basis. According to the tender, ...
2019_ A Year of Positive Momentum for India's EV Sector

2019: A Year of Positive Momentum for India’s EV Sector

The electric vehicle sector in India saw a lot of positive moves in 2019, with the launch of FAME India – II, introduction of tax exemptions for buyers, subsidies for ...
MSEDCL Asked to Invite Fresh Bids for Bagasse Projects with Expired EPAs in 2020

MSEDCL Asked to Invite Fresh Bids for Bagasse Projects with Expired EPAs in 2020

The Maharashtra Electricity Regulatory Commission (MERC) issued an order directing the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to purchase power from a 50 MW of bagasse-based co-generation projects at ...
Kerala Issues Tender for 282 Monocrystalline PERC Solar Modules

Kerala Issues Tender for 282 Monocrystalline PERC Solar Modules

The Kerala State Electronics Development Corporation Limited (KELTRON) has floated a tender for the supply of 360 W monocrystalline passivated emitter and rear contact (PERC) solar modules at its production ...
India Likely to Have an Energy Surplus of 5.8% in FY 2019-20_ CEA

India Likely to Have an Energy Surplus of 5.8% in FY 2019-20: CEA

In its latest load generation balance report (LGBR), the Central Energy Authority (CEA) has projected that India’s anticipated power supply position for the year 2019-20 would reflect a surplus of ...