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). More articles from Rakesh Ranjan.

rakesh@mercomindia.com

@rakesh_ranjan09

Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

Average Cost of Large-Scale and Rooftop Solar Projects Fell in Q2 2020

The average large-scale solar project cost was approximately ₹34 million (~$455,532)/MW in the second quarter (Q2) 2020, a decline of 10% from the same period last year, according to Mercom’s ...
Rajasthan Secretariat Buildings to Soon be Solar-Powered

Rajasthan Secretariat Buildings to Soon be Solar-Powered

The Department of Personnel (DoP), Rajasthan, has invited bids for the installation of rooftop solar systems on Rajasthan secretariat buildings. The scope of the work would include the design, supply, ...
/ / Rooftop, Solar
Landfill Waste Disposal of Solar Modules Pose No Significant Health Hazard: IEA Report

Landfill Waste Disposal of Solar Modules Pose No Significant Health Hazard: IEA Report

There are no significant health hazards for landfill waste disposal of used solar modules, according to a new report published by the International Energy Agency (IEA). The report focused on ...
/ / Modules, Solar
SJVN Seeks to Buy 3,000 Acres of Land in Rajasthan to Develop Solar Projects

SJVN Seeks to Buy 3,000 Acres of Land in Rajasthan to Develop Solar Projects

SJVN Limited has invited expressions of interest (EoI) from interested parties for shortlisting suitable land for the development of 500 MW of solar projects in Rajasthan. SJVN requires 3,000 acres ...
/ / Solar, Utility Scale
Regulator Dismisses Solar Developer’s Plea for Respite Under Force Majeure

Regulator Dismisses Solar Developer’s Plea for Respite Under Force Majeure

The Karnataka Electricity Regulatory Commission (KERC) dismissed Adani Green Energy (UP) Limited’s plea for relief under the force majeure clause in its power purchase agreement (PPA) with the Gulbarga Electricity ...
/ / Markets & Policy, Solar
CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the 'Green Term-Ahead Market' (GTAM) contracts on the Indian Energy Exchange (IEX), adding that it would provide an avenue ...
/ / Grid, Market & Policy
REIL Floats Tender for 600,000 Multicrystalline Silicon Solar Cells

REIL Floats Tender for 600,000 Multicrystalline Silicon Solar Cells

The Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has issued a notice inviting tender for the supply of ...
/ / Solar, Tenders & Auctions
Wind Developer Moves Appellate Tribunal Against MEDA’s Registration Denial

Wind Developer Moves Appellate Tribunal Against MEDA’s Registration Denial

The Appellate Tribunal of Electricity (APTEL) has allowed Orange Maha Wind Energy Private Limited to withdraw its appeal regarding a 2 MW wind project. The Tribunal has asked the developer ...
/ / Wind
CERC Examines Wind Developer’s Petition for Relief from Transmission Charges

CERC Examines Wind Developer’s Petition for Relief from Transmission Charges

Renewable developer Sprng Renewable Energy Private Limited recently approached the Central Electricity Regulatory Commission (CERC) against the Power Grid Corporation of India Limited (PGCIL), seeking relief on the grounds of ...
/ / Wind
Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion

Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion

Sterlite Power, a power transmission infrastructure developer, announced that it had sold a 14.7% stake in the India Grid Trust (IndiGrid) for an amount of ₹8.4 billion (~$112.2 million) to ...
/ / Grid, Market & Policy
Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

The Power Finance Corporation Limited (PFC) has approved ₹306.07 billion (~$4.09 billion) as of July 31, 2020, as part of the liquidity package announced by the government for eligible distribution ...
/ / Grid, Market & Policy
Azure Power Posts 16% Revenue Increase in Q1 2021

Azure Power Posts 16% Revenue Increase in FY Q1 2021

Azure Power has announced the consolidated results for the first quarter (Q1) of the financial year (FY) 2021. According to the financial statement released by the company, the company registered ...
/ / Markets & Policy, Solar
SECI Extends Bid Submission Deadline for 2.5 GW Solar Tender in Karnataka Again

SECI Extends Bid Submission Deadline for 2.5 GW Solar Tender in Karnataka Again

The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for the 2.5 GW of interstate-connected solar projects under Tranche X (ISTS-X) at the Ultra ...
/ / Solar, Tenders & Auctions
Wind Developer Moves CERC Against PGCIL for Not Extending Transmission Line Deadline

Wind Developer Moves CERC Against PGCIL for Not Extending Transmission Line Deadline

Avikaran Solar India Private Limited, a subsidiary of Enel Group, has filed a petition with the Central Electricity Regulatory Commission (CERC) against the Power Grid Corporation of India Limited (PGCIL) ...
/ / Wind
Uttarakhand Reissues Tender for 40 MW of Solar Projects

Uttarakhand Reissues Tender for 40 MW of Solar Projects

The Uttarakhand Project Development and Construction Corporation Limited (UPDCC) has invited fresh bids for 40 MW of grid-connected solar power projects. The projects are to be installed near Haripura and ...
/ / Solar, Tenders & Auctions
Renewable Projects Under Development During Lockdown Get Five-Month Extension

Renewable Projects Under Development During Lockdown Get Five-Month Extension

The Ministry of New and Renewable Energy (MNRE) has issued a notification saying that all under-development renewable projects as on the date of the lockdown would be given an extension ...
/ / Other, Renewable Energy
BESCOM Issues Amendments to its 30 MW Tender for Residential Rooftop Solar

BESCOM Issues Amendments to its 30 MW Tender for Residential Rooftop Solar

The Bengaluru Electricity Supply Company Limited (BESCOM) has issued amendments to the expression of interest (EoI) issued to empanel agencies to design, supply, install, and commission 30 MW of grid-connected ...
/ / Solar, Tenders & Auctions
European Union Extends Levy of Countervailing Duty on Solar Glass Imports from China

European Union Extends Levy of Countervailing Duty on Solar Glass Imports from China

The European Union (EU) has announced that the imposition of countervailing duty on solar glass imports from China will continue. Countervailing duties are anti-subsidy duties levied on imports to balance out ...
/ / Markets & Policy, Solar
To Boost Liquidity, RBI Increases Priority Sector Lending Limit for Renewable Energy

To Boost Liquidity, RBI Increases Priority Sector Lending Limit for Renewable Energy

The Reserve Bank of India (RBI) has introduced several policy measures to enhance liquidity support for the financial market and other stakeholders to ease the financial stress caused by the ...
/ / Other, Renewable Energy
Power Finance Corporation Offers Loans of Over ₹1 Billion to Solar Project Developer

Power Finance Corporation Offers Loans of Over ₹1 Billion to Solar Project Developer

KPI Global Infrastructure Limited, a subsidiary of the KP Group, announced that it had received financial assistance for 15 MW of existing and 20 MW of proposed solar power projects ...
/ / Finance and M&A, Solar
Tender Reissued for a 25 MW Floating Solar Power Project in Madhya Pradesh

Tender Reissued for a 25 MW Floating Solar Power Project in Madhya Pradesh

NHDC Limited, a joint venture between NHPC Limited and Madhya Pradesh government, has invited fresh bids for a 25 MW floating solar power project. The tender has been floated for ...
/ / Solar, Tenders & Auctions
Gujarat’s New Industrial Policy Incentivizes MSMEs Going Solar

Gujarat’s New Industrial Policy Incentivizes MSMEs Going Solar

The state government of Gujarat has come up with a new industrial policy after the earlier framework came to an end on December 31, 2019. The average annual outlay for ...
/ / Markets & Policy, Solar
Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Power Transmission Projects Affected by COVID-19 Lockdown Get Five-Month Extension

Considering the COVID-19 pandemic and the subsequent lockdown, the Ministry of Power (MoP) has decided to extend the scheduled commercial operation date (SCoD) of the interstate power transmission projects that ...
/ / Grid, T&D
DISCOM Dues to Power Generators Mount to ₹101 BillionAt the End of June

DISCOM Dues to Power Generators Mount to ₹101 Billion At the End of June

The distribution companies (DISCOMs) owed renewable generators ₹101.11 billion (~$1.3 billion) in overdue payments (excluding dues under dispute) spread across 544 invoices at the end of June 2020, according to ...
/ / Grid, Utilities
Gujarat Set to Amend Regulations for Renewable Purchase Obligation

Gujarat Set to Amend Regulations for Renewable Purchase Obligation

The Gujarat Electricity Regulatory Commission (GERC) has proposed amendments to its regulations to procure energy from renewable sources. Background As per the proposed amendments, biogas has been brought under the ...
/ / Other, Renewable Energy