Author Archives: Saumy Prateek

About Saumy Prateek

Saumy Prateek Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.

saumy@mercomindia.com

@pratsays

DGTR to Hold Public Hearing on Safeguard Duty Investigation on June 26, 2018

Domestic Solar Manufacturers Unhappy Months after Safeguard Duty Imposition

The imposition of safeguard duty on solar cell and module imports from China and Malaysia is proving to be a bigger issue for local manufacturers than was perhaps anticipated. Last ...
/ / Markets & Policy, Solar
Tamil Nadu Proposes ₹6.28/kWh Tariff for Power from Municipal Solid Waste Projects

Tamil Nadu Proposes ₹6.28/kWh Tariff for Power from Municipal Solid Waste Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultative paper proposing the tariff for the procurement of power from municipal solid waste projects in the state. The paper is ...
/ / Other, Waste to Energy
India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018

Price of Solar REC Shoots Up in January 2019

After increasing in December 2018, the trade of solar renewable energy certificates (RECs) declined in January 2019. However, the cost of solar RECs shot up during the month. In January ...
/ / Markets & Policy, Solar
CERC Provides Relief to Solar Developers in the Matter of GST Compensation

CERC Provides Relief to Solar Developers in Matter of GST Compensation

In a positive development for the domestic renewable industry, the Central Electricity Regulatory Commission (CERC) has provided relief to solar project developers with regards to the effect of goods and ...
/ / Markets & Policy, Solar
Asian Development Bank Invests $20 Million in AC Energy’s First Climate Bond

Asian Development Bank Invests $20 Million in AC Energy’s First Climate Bond

The Asian Development Bank (ADB ) has invested $20 million in the first climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. This will be the ...
/ / Markets & Policy, Solar
Jharkhand Announces EPC Tender for a 2 MW Canal Top Solar Project

Jharkhand Announces EPC Tender for a 2 MW Canal Top Solar Project

The Jharkhand Renewable Energy Development Agency (JREDA) is looking for an engineering procurement construction (EPC) firm to set up a canal top solar project in Ranchi. The state agency has ...
/ / Solar, Tenders & Auctions
Tamil Nadu Proposes Feed-in Tariff for Solar Projects

Tamil Nadu Proposes Feed-in Tariff for Solar Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has proposed feed-in tariff for solar photovoltaic (PV) procurement in a newly released consultative paper. The paper is up for comments up to March ...
/ / Markets & Policy, Solar
KERC Asks DISCOMs to Stick to Competitive Bidding Guidelines for Wind Projects

SECI’s 1.2 GW Wind Tender Garners Huge Response, Oversubscribed by 1,125 MW

The recent wind tender issued by the Solar Energy Corporation of India (SECI) for 1,200 MW of projects have been oversubscribed by 1,125 MW. These ISTS-connected wind projects were issued ...
/ / Other, Wind
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

DISCOMs Owe ₹18.84 Billion to NTPC in Outstanding Bills for Solar Projects

Power distribution companies (DISCOMs) in Andhra Pradesh, Telangana, and Karnataka are staring at acute power shortages as the National Thermal Power Corporation (NTPC) has warned that it will stop supply ...
/ / Markets & Policy, Solar
BHEL to Set Up 129 MW of Solar Projects in Telangana for Singareni Collieries

Gujarat’s 500 MW Solar Tender Oversubscribed by 545 MW

Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) power projects (Phase IV) tender has been oversubscribed by 545 MW. Bids totaling 1,045 MW were submitted in ...
/ / Markets & Policy, Solar
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Peak Power Demand in India Increased Year-Over-Year by 4% in January 2019

According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in January 2019, registering a 4 percent increase over the peak demand registered in January ...
/ / Markets & Policy, Solar
Ministry of Power Waives ISTS Charges for Wind and Solar Projects Commissioned up to 2022

India Gets Serious on Optimizing Inter-State Generating Stations, Reducing Power Cost

In a recent order, the Central Electricity Regulatory Commission (CERC) has asked the Power System Operation Corporation (POSOCO) to implement a pilot for the security constrained economic dispatch (SCED) of electricity ...
/ / Grid, Market & Policy
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Tamil Nadu’s New Solar Policy Targets 9 GW of Installed Capacity by 2023

The Tamil Nadu Energy Development Agency (TEDA) has issued the state’s Solar Energy Policy 2019. The policy targets 9 GW of installed solar photovoltaic (PV) capacity in Tamil Nadu by ...
/ / Markets & Policy, Solar
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

China Installs Better than Expected 44 GW of Solar Capacity in CY 2018

In the calendar year (CY) 2018, China installed 44.26 GW of solar photovoltaic capacity.  The country installed 9.76 GW of solar PV capacity in the fourth quarter of CY 2018 ...
/ / Markets & Policy, Solar
Kerala Announces Work Contract Tender for 3 MW of Solar Project at Naval Station in Kannur

Kerala Announces Work Contract Tender for 3 MW of Solar Project at Naval Station in Kannur

The Kerala State Electronics Development Corporation (KELTRON) has issued tender to set up a 3 MW grid-connected solar photovoltaic (PV) project at Naval Station Ezhimala, located in Kannur district. The ...
/ / Solar, Tenders & Auctions
50,000 Smart Meters Installed in New Delhi Municipal Council Area

Uttar Pradesh’s New Smart Meter Tender for 4.5 Million Electricity Consumers

In Uttar Pradesh, the Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) has issued a tender to set up bi-directional smart meters. The bi-directional smart meters will be set up for each ...
/ / Energy Efficiency, Other
Uzbekistan Issues Tender for 100 MW Solar Projects on Pilot Basis; Plans to Scale to 900 MW

Uzbekistan Issues Tender for 100 MW Solar Projects on Pilot Basis; Plans to Scale to 900 MW

Uzbekenergo JSC, a government-owned power utility, has issued request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi Oblast. According to the Uzbekistan government, ...
/ / Solar, Tenders & Auctions
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

Siemens Gamesa and Inox Wind Bag Massive Orders in India

Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. And of late, ...
/ / Other, Wind
Rajasthan Sets Solar RPO for FY 2019-20 at 6%, Retroactively Revises 2018-19 Target

“Nothing in it for Us”: Solar Industry Reacts to 2019 Budget

The interim budget announced by interim Finance Minister Piyush Goyal did not offer much for India’s renewable energy sector. Mercom had reported that the budget could be an opportunity to help ...
/ / Markets & Policy, Solar
Budget 2019 Fails to Meet Renewable Industry’s Expectations Yet Again

Budget 2019 Fails to Meet Renewable Industry’s Expectations Yet Again

The interim Budget 2019 was announced on February 1, 2019 by the interim Finance Minister Piyush Goyal. Like the previous two years, this year’s Budget also appears to have failed ...
/ / Markets & Policy, Solar
NITI Aayog Releases Proposal to Develop Electric Vehicle Charging Infrastructure in Delhi

Kerala’s Budget Pushes for Widespread EV Adoption, Rooftop Solar Systems

Kerala’s budget for the financial year 2019-2020 puts impetus on setting up rooftop solar projects in the state while also pushing for the development of the Electric Vehicle sector in ...
/ / Markets & Policy, Solar
Gujarat Commission Permits GUVNL to Procure Solar Power from SEWA’s Solar Project

Gujarat Commission Permits GUVNL to Procure Power from SEWA’s Solar Project

The Gujarat Urja Vikas Nigam Limited (GUVNL) can now procure power from solar energy generating systems of Salt Pan Workers of Self Employed Women Association (SEWA) during the off-season period ...
/ / Markets & Policy, Solar
14 MW of Solar Projects with 42 MWh of Battery Energy Storage to Come up in Leh and Kargil

14 MW of Solar Projects with 42 MWh of Battery Energy Storage to Come up in Leh and Kargil

Leh and Kargil may soon have grid-connected solar projects connected to battery energy storage system (BESS). The proposal to set up a 14 MW solar project with aggregate battery storage ...
/ / Markets & Policy, Solar
MNRE Extends Deadline for 1 GW of Offshore Wind Projects in Gujarat

To Boost India’s Offshore Wind Sector, MNRE Issues Draft Lease Rules

Though the government has announced big plans to utilize the country’s offshore wind potential, there has been no progress in terms of project development so far. To this end, the ...
/ / Other, Wind
To Boost Indigenous Manufacturing, Government Reduces Customs Duty on EV Components

To Boost Indigenous Manufacturing, Government Reduces Customs Duty on EV Components

In a move that could significantly influence the pace of EV adoption in the country, the government has reduced the applicable customs duty on parts and components of electric vehicles ...