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

Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI’s 1.2 GW Solar-Wind Hybrid Auction

Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI’s 1.2 GW Solar-Wind Hybrid Auction

Adani Green Energy emerged as the lowest (L1) bidder in the auction conducted by the Solar Energy Corporation of India Ltd. (SECI) for 1,200 MW of ISTS-connected solar-wind hybrid power ...
APERC Approves PPAs for 841.32 MW of Wind

Gujarat Commission Provides Relief to Developer for Wheeling Charges on its Wind Project

The Gujarat Electricity Regulatory Commission (GERC) has provided relief to Aarvee Denims and Exports Limited in the matter of wheeling of power from its wind project. The petition was filed against ...
/ / Other, Wind
India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

Stakeholders in India’s renewable energy sector are upbeat about the Bhartiya Janata Party (BJP) coming back into power for a second term under the leadership of Prime Minister Narendra Modi ...
Himachal Pradesh

Himachal Pradesh Sets Generic Tariffs for Solar Projects for Six Months

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set generic levelized tariffs for solar photovoltaic (PV) projects for the first six months of the financial year (FY) 2019-20. These generic tariffs ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power

Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China has approved over 20 GW of solar and wind projects as part of its plan to install unsubsidized renewable energy projects in the country. This first batch of subsidy-free ...
Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Fossil fuel-based co-generation projects in Maharashtra have got time up until March 2020 to fulfill their renewable purchase obligation (RPO) targets. The Maharashtra Electricity Regulatory Commission (MERC) provided this relief ...
Jharkhand Commission Approves PPA for 10 MW of Solar Projects

Jharkhand Commission Approves PPA for 10 MW of Solar Projects

The Jharkhand State Electricity Regulatory Commission (JSERC) has approved the procurement of 10 MW of solar photovoltaic (PV) power by Jharkhand Bijli Vitran Nigam Limited (JBVNL) from the Solar Energy ...
Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

The Kerala State Electricity Regulatory Commission (KSERC) has asked the Kerala State Electricity Board (KSEB) and Kosamattam Finance Ltd. to arrive at a consensus regarding the date of commercial operation, tariff ...
/ / Other, Wind
SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender to set up 500 MW (Phase I) of grid-connected solar photovoltaic (PV) projects in ...
Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

In India, there are over 30 inverter suppliers, which means there’s healthy competition in the market. Over the past two years (2017 and 2018), the top four inverter suppliers in ...
IFC to Invest $150 Million in Aditya Birla Finance

Renewable Development Firm Lightsource BP Raises £150 million to Finance Solar Projects

Lightsource BP, a global renewable energy development firm, has raised £150 million in debt financing from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The funds will be utilized ...
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