Author Archives: Rakesh Ranjan

About Rakesh Ranjan

Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU).

rakesh@mercomindia.com

@rakesh_ranjan09

Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

The total corporate funding in the solar sector, which includes venture capital funding, public market, and debt financing has plummeted by 31% at $1.9 billion (~₹143.4 billion) in Q1 2020 ...
Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh

To tackle the unprecedented challenges posed by the outbreak of Coronavirus, the Madhya Pradesh Electricity Regulatory Commission (MPERC) has reduced the rate of current late payment surcharge (LPS) to be ...
/ / Grid, Utilities
As Solar Industry Faces COVID-19 Challenge, ALMM Deadline Extended to September 30, 2020

As Solar Industry Faces COVID-19 Challenge, ALMM Deadline Extended to September 30, 2020

Due to the disruptions caused by the COVID-19 pandemic and the prevalent situation because of the subsequent lockdown, the Ministry of New and Renewable Energy (MNRE) with the approval of ...
Maharashtra Open Access Consumers to Pay Additional Surcharge of ₹1.31_kWh for FY 2021

Maharashtra Open Access Consumers to Pay Additional Surcharge of ₹1.31/kWh for FY 2021

The Maharashtra Electricity Regulatory Commission (MERC) has announced various charges payable by open access consumers for the financial year 2020-21 to 2024-25. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has ...
/ / Grid, Market & Policy
Implications of COVID-19 lockdown on Indian solar industry

Implications of COVID-19 Lockdown on Indian Solar Industry

The outbreak of COVID-19 has brought the world to a standstill, disrupting businesses globally. To fight the outbreak, the Government of India ordered a complete lockdown from March 24, 2020, ...
Power Generators Get More Time to File Tariff Petitions Amid COVID-19 Outbreak

Power Generators Get More Time to File Tariff Petitions Amid COVID-19 Outbreak

The Central Electricity Regulatory Commission (CERC) is allowing additional time for the power generators to file tariff petitions as refipef from the disruption caused bo the Coronavirus pandemic. The Commission ...
Jhansi Smart City Floats Tender for Hybrid Rooftop Solar Projects on Government Buildings

Jhansi Smart City Floats Tender for Hybrid Rooftop Solar Projects on Government Buildings

The Jhansi Smart City Limited has invited bids for hybrid rooftop solar power projects with zero export devices on government buildings and offices in Jhansi under the CAPEX (capital expenditure) ...
Punjab Announces Curtailment of Renewable Power Until Coronavirus Outbreak Subsides

Punjab Announces Curtailment of Renewable Power Until Coronavirus Outbreak Subsides

The Punjab State Transmission Corporation Limited (PSTCL) has announced the curtailment of power under force majeure clause (outbreak of COVID-19) from the projects generating renewable energy until the pandemic lasts ...
Researchers Make High-Efficiency Organic Photovoltaic Small Cells on a Glass Substrate

Researchers Make High-Efficiency Organic Photovoltaic Small Cells on a Glass Substrate

In a significant development, Toyobo Corporation Limited, along with the French government research institute, CEA, has come up with trial organic photovoltaics (OPV) small cells on a glass substrate along ...
/ / Solar, Technology
SECI’s 400 MW Round the Clock Tender of Renewable with Energy Storage Oversubscribed

SECI’s 400 MW Renewable Tender with Energy Storage Oversubscribed by 550 MW

The Solar Energy Corporation of India (SECI) has announced the list of bidders for its 400 MW tender for renewable power on a round-the-clock basis. The list of bidders includes ...
Abu Dhabi Postpones Public Opening of Bids for 1.5 GW of Solar Due to Corona Outbreak

Abu Dhabi Postpones Public Opening of Bids for 1.5 GW of Solar Due to Corona Outbreak

The adverse effects of Coronavirus continues to impact the solar industry around the world. Due to the pandemic, the planned public opening of the commercial tariffs for the 1.5 GW ...
China Could Install 23-31 GW of Solar in 2020_ Report

China Could Install 23-31 GW of Solar in 2020: Report

According to the data released by China’s National Energy Administration (NEA), the country had nearly 204 GW of installed solar generation capacity by the end of 2019, which included 141.67 ...
Major Ports Asked Not to Impose Penalties and Continue Operations Amid COVID-19 Lockdown (1)

Major Ports Asked Not to Impose Penalties and Continue Operations Amid COVID-19 Lockdown

The Ministry of Shipping has issued a notice to major ports in the country with directions to deal with issues arising due to the Coronavirus pandemic. The Ministry, in its ...
8 GW of Solar Projects Tendered in March Despite the Lockdown

8 GW of Solar Projects Tendered in March Despite the Lockdown

It was a good month for solar tenders, which increased by nearly 377% (four times) in March 2020 as compared to February, despite countrywide lockdown in the second half of ...
Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

The Coronavirus outbreak has created an unprecedented situation with the country in a state of complete lockdown declared by the National Disaster Management Authority (NDMA) from March 24, 2020, to ...
/ / Grid, Market & Policy
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
/ / Grid, Utilities
Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy

Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy

Sterlite Power, a global power transmission developer, has announced that it will join hands with GE T&D India Limited, Unitech Power Transmission Limited (UPTL), Tata Projects Limited (TPL), and Associate ...
/ / Grid, T&D
AfDB and Others Pledge $160 Million for Improving Energy Access in Africa

AfDB and Others Pledge $160 Million for Improving Energy Access in Africa

To improve energy access in Africa by using small scale renewable projects and mini-grid projects, the African Development Bank (AfDB), the European Commission, KfW, the Clean Technology Fund, Norfund, and ...
/ / Finance and M&A, Other
DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

Amid the growing fear of the spread of Coronavirus and the lockdown imposed by the country to stop the spread of COVID-19, the workforce of the power sector, including the ...
/ / Grid, Market & Policy
Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid Covid-19 Lockdown

Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid COVID-19 Lockdown

The outbreak of COVID-19 has created an unprecedented situation, causing far-reaching consequences for both businesses and consumers across the country. In a circular issued on February 19, 2020, the government ...
/ / Grid, Utilities
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
/ / Other, Renewable Energy
NTPC Tenders Inverter Transformer Package for a Solar Project in Maharashtra

NTPC Tenders Inverter Transformer Package for a Solar Project in Maharashtra

The National Thermal Power Corporation Limited (NTPC) has invited bids for an inverter transformer package for the Solapur solar PV project in Maharashtra. The scope of work includes the design, ...
/ / Grid, T&D
Gujarat_ Additional Surcharge for Open Access Consumers Up to ₹0.37_kWh from ₹0.10_kWh

Gujarat: Additional Surcharge for Open Access Consumers Up to ₹0.37/kWh from ₹0.10/kWh

The Gujarat Electricity Regulatory Commission (GERC) has worked out an additional surcharge of ₹0.37 (~$0.0049)/kWh for the period of April 01, 2020, to September 30, 2020, for consumers utilizing power ...
/ / Markets & Policy, Solar
NTPC Acquires North Eastern Electric Power Corporation Limited

NTPC Acquires North Eastern Electric Power Corporation Limited

The National Thermal Power Corporation of India (NTPC) has acquired 3,60,98,09,800 equity shares in the North Eastern Electric Power Corporation Limited (The share purchase agreement represents an amount of ₹40 ...
/ / Finance and M&A, Other
ABB Acquires Majority Stake in Chinese E-Mobility Company Chargedot

ABB Acquires Majority Stake in Chinese E-Mobility Company Chargedot

Switzerland-based ABB has completed the acquisition of a majority stake in the Chargedot Shanghai New Energy Technology Company Limited. The news was made public by the company in a press ...
/ / Finance and M&A, Other