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

ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects

Rajasthan Clarifies How Wheeling Charges on Solar Projects are to be Applied

The Rajasthan Electricity Regulatory Commission (RERC) has dismissed petitions filed by captive solar project developers seeking relief from applicable wheeling and banking charges. In this case, the petitioners were: Goyal ...
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

Andhra Pradesh Approves DISCOM-Driven Rooftop Solar Program

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved a DISCOM-driven solar rooftop program proposed by the Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL). The APEPDCL had petitioned the ...
/ / Rooftop, Solar
Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus Energy Solutions has decided to make the most of the waiver provided to open access solar photovoltaic (PV) projects in Haryana. The company has secured an approval from the ...
Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar has secured a $50 million term loan from Credit Suisse. Canadian Solar intends to deploy the term loan to support the development of international solar project pipeline and for ...
TANGEDCO Hands Over Solar and Wind Tendering Responsibilities to SECI

TANGEDCO Hands Over Solar and Wind Tendering Responsibilities to SECI

Prolonged payment delays to solar and wind developers seem to have tarnished the reputation of Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in the industry. In a significant development, the ...
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Draft Model Regulation Issued for Grid-Interactive Distributed Renewable Sources

The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. These regulations will apply to:  Prosumer ...
IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

The Central Electricity Regulatory Commission (CERC) has ordered the Indian Energy Exchange (IEX) to give wide publicity to Green Term Ahead Market (GTAM) contracts by uploading it on its website ...
Kerala Issues Tenders for 1,500 Electric Buses on Lease

Kerala Issues Tenders for 1,500 Electric Buses on Lease

Kerala State Road Transport Corporation (KSRTC) has issued a tender to lease 1,500 electric buses.  It has issued three separate tenders for 500 (500*3) electric buses for a period of ...
In India, Investment in Renewables Surpassed Fossil Fuels in 2017

In India, Investment in Renewables Surpassed Fossil Fuels During 2018

Global investment in the renewable energy sector has gone up by 55% since 2010, according to the World Investment Report 2019 released by the International Energy Agency (IEA). The report ...
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

Renewables to be ‘Must Run’ in the Draft Tariff Guidelines for Goa, Union Territories

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. The draft is up ...
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

JERC Publishes Draft Solar Net Metering Regulations for Goa and Union Territories

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft net metering regulations. The draft is up for comments and suggestions up to ...
wind project

Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction

The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
/ / Other, Wind
Maharashtra Approves Upper Tariff Ceiling of ₹2.75/kWh for Wind-Solar Hybrid Projects

SECI’s Solar-Wind Hybrid Tender for 1.2 GW of Projects Left Undersubscribed by 300 MW

The tender issued by Solar Energy Corporation of India Ltd. (SECI) to set up 1,200 MW of ISTS-connected solar-wind hybrid power projects (tranche-II) has been undersubscribed by 300 MW. According ...
SECI’s 250 MW Solar Auction in Maharashtra Sees Lowest Tariff Rise to ₹2.87/kWh

SECI’s 250 MW Solar Auction in Maharashtra Sees Lowest Tariff Rise to ₹2.87/kWh

The Solar Energy Corporation of India (SECI) has successfully auctioned 250 MW of grid-connected solar photovoltaic (PV) power projects in Dondaicha Solar Park (Phase – I), located in Dhule district ...
Reliance Money Secures Loan from IREDA for Renewable Energy Projects

APICORP Signs $75 Million Term Facility with Saudi-Based Renewable Developer Alfanar

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five-year Murabaha financing facility worth $75 million with Alfanar Company, a developer and engineering procurement ...
Adani Green Commissions a 50 MW Solar Project in Uttar Pradesh

Adani Green Commissions a 50 MW Solar Project in Uttar Pradesh

Adani Green Energy (UP) Limited, a wholly-owned subsidiary of Adani Green Energy Limited, has commissioned a 50 MW solar PV power project in the state of Uttar Pradesh. The off-taker ...
India Auctioned 2 GW of Solar Projects in August 2018

Tata, GIPCL Quote a Tariff of ₹2.75/kWh in Gujarat’s Dholera Solar Park Auction for 250 MW

Of the 1 GW solar capacity that was tendered in January 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now auctioned 250 MW of solar projects at Dholera Solar ...
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

Lowest Tariff of ₹2.80/kWh Wins Gujarat’s 1,000 MW Wind Auction

Lowest tariff of ₹2.80 (~$0.0399)/kWh has emerged as the winner in  Gujarat Urja Vikas Nigam Limited (GUVNL)’s auction for 1,000 MW of grid-connected wind power projects. According to a market ...
/ / Other, Wind
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund

Payment Delays in Andhra Pradesh, Telangana, Tamil Nadu Hit Solar and Wind Developers

Payment delays are becoming a problem again for solar and wind project developers in India especially in Andhra Pradesh, Tamil Nadu, and Telangana. Some instances in Madhya Pradesh and a ...
The United Kingdom Joins International Solar Alliance

The United Kingdom Joins International Solar Alliance

The United Kingdom is the latest entrant to the International Solar Alliance (ISA), joining hands with India and 73 other member nations toward a common goal of sustainability. The United ...
Grid Access Registration Fees Set for DISCOMs, Power Traders, Generating Companies

Himachal Pradesh Prepares to Amend Deviation Settlement Mechanism Regulations

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments to its regulation on deviation settlement mechanism. The amendments have been proposed in line with the Central Electricity Regulatory ...
Ministry of Power Proposes Adoption of Uniform Tariff Structure for All States

CERC Proposes ₹3.60/kWh as National Average Power Purchase Cost for Open Access

The Central Electricity Regulatory Commission (CERC) has proposed setting up the national average power purchase cost (APPC) at ₹3.60 (~$0.051)/kWh for open access for FY 2019-20. The proposal is up ...
BHEL Bags Orders Worth ₹1.25 Billion for Two Solar Projects in Gujarat

Gujarat Auctions 700 MW of Solar Capacity, Engie Quotes Lowest Tariff of ₹2.65/kWh

Engie has emerged as the lowest (L1) bidder in the auction to award 700 MW of solar photovoltaic (PV) projects conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The solar ...
Gujarat’s 1 GW Solar Tender Undersubscribed by 700 MW, Second in a Row to Get Tepid Response

Gujarat’s 1 GW Solar Tender Undersubscribed by 700 MW, Second in a Row to Get Tepid Response

Bidders are reluctant to participate in the tender floated by Gujarat Urja Vikas Nigam Limited (GUVNL) for 1,000 MW of grid-connected solar photovoltaic (PV) projects at Dholera Solar Park (Phase ...