Author Archives: Shaurya Bajaj

About Shaurya Bajaj

Shaurya is a staff reporter at MercomIndia.com with experience working in the Indian solar energy industry for the past four years in various roles. Prior to joining Mercom, Shaurya worked with a renewable energy developer and a consulting company. Shaurya holds a Bachelors Degree in Business Management from Lancaster University in the United Kingdom. 

shaurya@mercomindia.com

@ShauryaBajaj5

Low Tariffs Pushing Developers to Cut Costs and Quality of Solar Mounting Structures

Low Tariffs Pushing Developers to Cut Costs and Quality of Solar Mounting Structures

Module mounting structures are the backbone of any solar photovoltaic (PV) energy project. Good quality mounting structures on a ground-mounted or rooftop solar project not only helps maintain the optimum ...
Bangladesh Invites Companies to Fund and Develop 100 MW of Solar Projects

Bangladesh Invites Companies to Fund and Develop 100 MW of Solar Projects

Bangladesh’s Power Development Board has issued a notice for a tender to select sponsors (companies that will fund and develop the project) for the implementation of two grid-tied solar projects ...
Is Group Captive the Next Attractive Solar Market in 2019?

Is Group Captive the Next Attractive Solar Market in 2019?

On paper, the open access solar is an attractive source of power for large consumers (with a connected load of more than 1 MW). It allows them to procure solar ...
Power Finance Corporation Raises $300 Million Through Syndicated Loan

Power Finance Corporation Raises $300 Million Through Syndicated Loan

The Power Finance Corporation (PFC) has announced that it has raised $300 million through a three-year syndicated loan from the State Bank of India, Honk Kong and MUFG Bank, Singapore ...
Three Small Solar Tenders Totaling 620 kW Issued by Government Enterprises

Three Small Solar Tenders Totaling 620 kW Issued by Government Enterprises

Over the past week, three small tenders of totaling 620 kW were issued by various public sector undertakings (PSU) of the government across different regions in India. Following are the ...
DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power

DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power

In a bold move, RK Singh, Union Minister of State for Power and New & Renewable Energy has announced the approval of a proposal to make it mandatory for distribution ...
/ / Grid, Market & Policy
Harsh Penalties for Deviation Settlement is Playing Havoc with Solar, Wind Projects

Harsh Penalties for Deviation Settlement is Playing Havoc with Solar, Wind Projects

India is one of the leading markets for renewable energy generation in the world. It was the third largest solar photovoltaic (PV) market in the first quarter of 2019 behind ...
Gujarat Invites Bids for 950 MW of Projects to be Developed Across Two of its Solar Parks

Gujarat Invites Bids for 950 MW of Projects to be Developed Across Two of its Solar Parks

The Gujarat Urja Vikas Nigam Limited (GUVNL) has floated two solar tenders for a total capacity of 950 MW. Both the tenders are for projects to be developed in the ...
IIM Kozhikode and Sainik School Rajasthan to Adopt Solar Power

IIM Kozhikode and Sainik School Rajasthan to Adopt Solar Power

The Kerala Central Public Works Department (CPWD) has issued a tender for a grid-interactive 50 kW solar project at the Indian Institute of Management’s Kozhikode campus. The project should be ...
Maharashtra Retenders 750 MW of Solar for Agricultural Feeders Due to Lack of Response

Maharashtra Retenders 750 MW of Solar for Agricultural Feeders Due to Lack of Response

The Maharashtra State Power Generation Company (MAHAGENCO) has retendered 750 MW of grid-connected solar photovoltaic (PV) projects to cater to the agricultural (AG) feeder load of various substations across the ...
IPGCL Issues Tender for 21.5 MW of Rooftop Solar Projects in Delhi

IPGCL Issues Tender for 21.5 MW of Rooftop Solar Projects in Delhi

The Indraprastha Power Generation Company (IPGCL) has invited bids for the development of rooftop solar projects in Delhi, totaling 21.5 MW. Out of this capacity, 1.5 MW will be developed ...
REIL’s New Tender Calls for Manufacturing of 25,000 Crystalline Solar Modules

NTPC Invites Bids for a 160 MW Solar Project to be Developed in Rajasthan

The National Thermal Power Corporation Limited (NTPC) has invited bids for a 160 MW solar project in Jetsar, Rajasthan. The scope of work includes the design, engineering, manufacturing, supply, packing ...
Uttar Pradesh DISCOM Gets Approval to Call for Bids to Procure 400 MW of Hydropower

Uttar Pradesh DISCOM Gets Approval to Call for Bids to Procure 400 MW of Hydropower

In a recent petition, the Uttar Pradesh Power Corporation Limited (UPPCL) had asked the Uttar Pradesh Electricity Regulatory Commission (UPERC) to allow some modifications in the power purchase agreements (PPA) ...
/ / Other, Water
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

The Central Electricity Regulatory Commission has announced its ruling in a case that involved Adani Green Energy Limited (AGEL) and Power Grid Corporation Limited (PGCIL). The case was about three ...
Land is Still the Biggest Impediment for Large-Scale Solar and Development

Land is Still the Biggest Impediment for Large-Scale Solar Development

The Indian solar energy market has come a long way, from about 3 GW of installed capacity in 2014 to over 30 GW in 2019. The solar industry has been ...
Globeleq Announces Financial Closure for its 40 MW Solar Project in Kenya

Globeleq Announces Financial Closure for its 40 MW Solar Project in Kenya

Globeleq, an energy company focused on Africa has announced the financial closure of a 40 MW Malindi Solar photovoltaic project in Kenya. The company has also announced that it has ...
/ / Finance and M&A, Solar
Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

The Uttarakhand Electricity Regulatory Commission (UERC) has issued benchmark tariffs and capital costs for solar power projects in the state. The commission had issued draft regulations in December 2018 and ...
Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

The Confederation of Indian Industry (CII) has called stakeholders from across the transportation and renewable energy sectors for a consultation on the future of intelligent mobility in the country. CII ...
Maharashtra to Renegotiate Tariffs for 1,170 MW of Auctioned Solar Projects

Maharashtra to Renegotiate Tariffs for 1,170 MW of Auctioned Solar Projects

The Maharashtra Electricity Regulatory Commission (MERC) has ordered Maharashtra State Electricity Distribution Company Limited (MSEDCL) to renegotiate tariffs with solar developers for projects allocated to them. In this case, MSEDCL ...
Tamil Nadu Launches Procedure for Deviation Settlement of Wind and Solar Projects

Tamil Nadu Launches Procedure for Deviation Settlement of Wind and Solar Projects

Tamil Nadu State Load Dispatch Centre (TNSLDC) and Tamil Nadu Electricity Regulatory (TNERC) have issued the procedure for forecasting, scheduling, and deviation settlement mechanism of wind and solar generation. The ...
Solar Project Developer KPI Global Acquires a New Special Purpose Vehicle

Solar Project Developer KPI Global Acquires a New Special Purpose Vehicle

In a filing to the Indian stock exchanges, Gujarat-based KPI Global Infrastructure (KPI Global) has announced the acquisition of KPIG Energia Private Limited, a newly-formed special purpose vehicle registered on ...
Average Power Purchase Cost for Open Access Solar and Wind Projects Set At ₹3.60/kWh

Average Power Purchase Cost for Open Access Solar and Wind Projects Set At ₹3.60/kWh

The Central Electricity Regulatory Commission (CERC) has approved the new national average power purchase cost (APPC) of ₹3.60 (~$0.051)/kWh for open access for FY 2019-20. In May 2019, the CERC ...
Madhya Pradesh Proposes EV Charging Tariff of ₹6 and ₹5.90 for LT and HT consumers

Madhya Pradesh Proposes EV Charging Tariff of ₹6 and ₹5.90 for LT and HT consumers

The Madhya Pradesh Power Management Company Limited (MPPMCL) has proposed the tariff for electric vehicle (EV) and electric rickshaw charging infrastructure in the state. This has been passed in a ...
Tirupati Smart City Invites Tender for 6 MW of Solar Projects

ISA Invites Member Countries to Endorse Organizations for Developing Solar Projects

In a letter to member countries, the International Solar Alliance (ISA) has invited government owned/public sector companies which have an operating solar capacity greater than 250 MW to submit proposals ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

Maharashtra Commission Rejects Solar Power Developer’s Petition for GST Compensation

Independent solar power producer Azure Power’s petition to Maharashtra Electricity Regulatory Commission (MERC), requesting to order Maharashtra State Power Generation Company (MSGPCL or MAHAGENCO) to compensate the company for the ...