Maharashtra Commission Asks DISCOM to Allow Open Access to Captive Wind Energy Generators
The Maharashtra Electricity Regulatory Commission (MERC) has issued a common order with respect to five separate petitions which were filed by Ghatge Patil Industries Limited, Liberty Oil Mills Limited, Siddhayu ...
At 6.5 GW, Solar Tenders Surge While Auctions Plummet in August 2019
After witnessing a considerable dip in July, the month of August saw a surge in solar tender announcements. Nearly, 6.5 GW of solar tenders were floated, and 695 MW of ...
APTEL Directs Madhya Pradesh DISCOM To Compensate Biomass Developers for Fixed Costs
In a judgment favoring biomass project developers, the Appellate Tribunal for Electricity (APTEL) has found that in the case of one part tariff, developers cannot be denied fixed cost component ...
DISCOMs Should Provide Net Metering for Renewable Energy Systems in Ten Days: Kerala
The Kerala State Electricity Regulatory Commission (KSERC) has issued a draft of net metering regulations for renewable energy systems. The commission has sought suggestions from the public and other stakeholders ...
Payment Dues of State DISCOMs to Renewable Power Developers Escalate to ₹97 Billion
The Central Electricity Authority’s (CEA) recent report states that the total payment due for 513 renewable projects now amounts to ₹97.356 billion (~$1.356 billion) as of July 31, 2019, thus ...
Tata Chemicals Sets Up Lithium-Ion Recycling Plant in India
Tata Chemicals, a company with interests in chemicals, crop nutrition, and consumer products, has entered the battery recycling industry. The company has started commercial operations to recover active cathode materials ...
Maharashtra Commission Asks DISCOM to Settle Dues of Wind Power Generators
Mrs. Aishwarya Rai Bachchan along with Relishah Export (RM) and Classic marble Company Private Limited (CMCPL), have jointly filed a case with the Maharashtra Electricity Regulatory Commission (MERC) against the ...
NHPC Issues Tender for 2,000 MW of Solar Projects with a Tariff Ceiling of ₹2.95/kWh
NHPC Limited, a government-owned hydropower generator has issued a tender inviting bids for the procuring of 2,000 MW of solar photovoltaic (PV) power. NHPC will enter into power purchase agreements ...
Month in a Minute: News Snippets from India’s Renewable Sector in August 2019
The month of August saw some important headlines from India’s renewable energy space, with Andhra Pradesh’s ongoing debacle making the biggest headlines. Here is a snapshot of some of the ...
Biomass Company PRESPL Raises ₹360 Million Equity from Shell
Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL), an Indian biomass-based energy company, has raised private equity investment from Shell. “With this follow-on fund investment by Shell, the ‘Series-B’ round of ...
CERC Proposes New Regulations for Power System Development Fund
The Central Electricity Regulatory Commission (CERC) has issued regulations for Power System Development Fund (PSDF), which will come into effect from the date of their publication in the Official Gazette ...
Rajasthan to Not Accept New Applications for Registration of Wind Projects under REC
The Rajasthan Renewable Energy Corporation (RREC) has issued a draft version of its policy on wind and wind-solar hybrid projects. The policy aims to establish Rajasthan as a leader for ...
Maharashtra to Procure 500 MW of Wind Energy with a Tariff Cap of ₹2.95/kWh
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to procure 500 MW of wind power through a competitive bidding process. The distribution company intends to meet ...
Lowest Tariff of ₹2.83/kWh Emerges in SECI’s Wind Auction for 440 MW
The Solar Energy Corporation of India (SECI) has awarded 439.8 MW of wind projects in its latest auction. This capacity is part of the tender floated by the agency for ...
Payment Dues of State DISCOMs Now Total ₹82 Billion to Solar, Wind, Hydro Power Producers
Distribution companies (DISCOMs) in some of the top renewable energy generating states such as Andhra Pradesh and Tamil Nadu are the biggest defaulters in paying dues for the power procured ...
Assam Signs MoU with NHPC to Develop 2 GW Subansiri Lower Hydro Project
The Government of Assam and the National Hydro Power Corporation (NHPC) have signed a Memorandum of Understanding (MoU) to develop Subansiri lower hydroelectric project located along the borders of Assam ...
Government Classifies Ocean Energy Under Renewable Sources
The Ministry of New and Renewable Energy (MNRE) has informed all the stakeholders that energy from the ocean like tidal, wave, ocean thermal energy conversion, will be accepted as renewable ...
NTPC Issues Tender for 1,200 MW of Wind Projects with a Tariff Ceiling of ₹2.85/kWh
The National Thermal Power Corporation (NTPC) has invited bids to select developers for 1,200 MW of wind energy projects in India. The projects, which will be connected to the interstate ...
Environment Ministry Relaxes Lease Rent on Wind Power Projects
To encourage investments in wind power projects and to provide clean energy at affordable prices, the Ministry of Environment, Forest and Climate change has decided to relax the lease rent ...
Sembcorp’s India Business Records 46% Jump in Net Profit During First Half of 2019
Sembcorp Industries, a Singapore-based renewable energy company, has announced a net profit of $137.8 million (₹ 9.8 billion) in the first half of 2019 (1H2019), up from $114.7 million (₹8.2 ...
Indian Oil Corporation Plans to Invest ₹250 Billion in Renewable Energy Projects
The Indian Oil Corporation (IOC) plans to diversify its business verticals and make significant investments to the tune of ₹250 billion (~$3.48 billion) in clean energy projects like solar, wind, ...
Suzlon Group’s Net Loss was ₹3.37 Billion in the First Quarter of FY 2020
Suzlon Group, a renewable energy solutions provider, headquartered in Pune, has announced its financial results for the first quarter (Q1) of the fiscal year 2019-20 (FY20). The revenue of the ...
Andhra Pradesh Government Now Says it Will Only Target PPAs of Corrupt Wind Projects
In a welcome development, the ongoing feud between the renewable industry and the new administration in the state of Andhra Pradesh could be deescalating. The state government may take a ...
SECI’s 1.8 GW Wind Tender Left Undersubscribed with Bids for Only 551 MW
The Solar Energy Corporation of India (SECI)’s tender to set up 1,800 MW of inter-state transmission system (ISTS)-connected wind power projects under tranche VIII has been undersubscribed by 1,249 MW ...
Siemens Gamesa to Supply Turbines to Alfanar’s Two Wind Projects of 453 MW in India
Renewable energy developer and wind turbine manufacturer, Siemens Gamesa Renewable Energy has secured an order with Alfanar for the supply of 206 units of the SG2.2-122 wind turbines for two ...
