MNRE VGF

MNRE Amends Guideline for Implementation of 5,000 MW VGF Program

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the implementation of 5,000 MW viability gap funding (VGF) program for solar under National Solar Mission (NSM) ...
Indian Solar Imports Grow 36 Percent Year-over-Year, Exports Decline 60 Percent in FY 2016-17

Indian Solar Imports Grow 36 Percent Year-over-Year, Exports Decline 60 Percent in FY 2016-17

In the financial year (FY) 2016-17, import and export activity totaling $3.27 billion (~Rs.218.8 billion) was registered in the Indian solar sector according to Department of Commerce data. This was ...
/ / Markets & Policy, Solar
shipping container

Mercom Exclusive: Anti-Dumping Petition from Indian Solar Manufacturers Comes at a Crucial Time as Solar Becomes Cheaper than Coal

The Indian Solar Manufacturers Association (ISMA) filed a new anti-dumping petition against solar imports from China, Taiwan, and Malaysia with the Directorate General of Anti-Dumping (DGAD), Ministry of Trade and ...
/ / Markets & Policy, Solar
SOP

Delhi Lt. Governor Directs Power Department to Prepare a Standard Operating Procedure for Promoting Solar Power

The Delhi Lt. Governor has directed the power department to prepare a standard operating procedure (SOP) as well as a roadmap for promoting installation of solar power panels in the ...
Where Are We With GST

BREAKING NEWS – It’s Official: Finance Minister Arun Jaitley Confirms 5 Percent GST for Solar

India’s Finance Minister, Arun Jaitley, confirmed a solar GST rate of 5 percent at the 15th meeting of the GST Council held today. This official clarification ends a week of ...
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in May 2017

The Asian Development Bank (ADB) approved a $100 million (~Rs.6.46 billion) loan to the Punjab National Bank (PNB) to finance large solar rooftop systems on industrial and commercial buildings across ...
GST

Revenue Secretary Says Solar Module GST Rate To Be 5 Percent

The Revenue Secretary at the Ministry of Finance, Mr. Hasmukh Adhia, has tweeted that “all solar equipments and its parts would attract 5 percent GST only.” He has given statements ...
Where Are We With GST

UPDATED: Where Are We with Solar GST in India

The government of India released the Goods and Services Tax (GST) schedule on May 18th, listing commodities in respective tax slabs of zero, 5 percent, 12 percent, 18 percent and ...
/ / Markets & Policy, Solar
auction

Appellate Tribunal Directs TNERC to Hear Adani’s Plea Over Curtailment

The Appellate Tribunal for Electricity (APTEL) has directed the Chairperson of the Tamil Nadu Electricity Regulatory Commission (TNERC) to hear Adani Group's plea over solar power curtailment issues faced by ...
Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

In the 11 months from April to February in financial year (FY) 2016-17, export and import activity totaling $2.61 billion (~Rs.175.7 billion) was registered in the Indian solar sector, according ...
/ / Markets & Policy, Solar
Solar Equipment

State Government of Haryana Exempts Solar Material from Value Added Tax

The state government of Haryana has exempted solar materials and equipment from value added tax (VAT) in the state. The order was issued by the Excise and Taxation department, Government ...
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in April 2017

Mercom India forecasts cumulative installations in the calendar year 2017 to reach 10 GW. The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of ...
Wind Power Installed in India FY2016-17

India Solar and Renewable Energy Policy Roundup: April 2017

Renewable energy policy roundup from central, state and government agencies in India for the month of April 2017: There are 27 member states and union territories now participating in the ...
Rooftop Tender

SECI Reduces Levelized Ceiling Tariff for 500 MW Rooftop Solar Tender

The Solar Energy Corporation of India (SECI) has reduced the levelized ceiling tariff for the amended 500 MW rooftop solar tender; the new tariff for general category states and union ...
solar PV

TNERC Sets New Benchmark Tariff of Rs.4.50 (~$0.069)/kWh for Solar PV Projects in Tamil Nadu

The Tamil Nadu Electricity Regulatory Commission (TNERC) has set Rs.4.50 (~$0.066)/kWh as the new benchmark tariff for solar PV projects and Rs.10.19 (~$0.157)/kWh for solar thermal projects without accelerated depreciation ...
/ / Markets & Policy, Solar
KERC Sets New Benchmark Tariff of Rs.4.36 (~$0.064)/kWh for Grid Connected Large-Scale Solar Projects for FY2017-18

KERC Sets New Benchmark Tariff of Rs.4.36 (~$0.064)/kWh for Grid Connected Large-Scale Solar Projects for FY2017-18

The Karnataka Electricity Regulatory Commission (KERC) has set Rs.4.36 (~$0.064)/kWh as the benchmark tariff for grid-connected large-scale solar projects for financial year (FY) 2017-18. The new benchmark tariff will be ...
Policy Roundup

India Solar and Renewable Energy Policy Roundup: March 2017

Here is a renewable energy policy roundup from central, state and government agencies in India for the month of March 2017. After the low tariffs recorded in the Rewa auction, ...
/ / Markets & Policy, Solar
Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

In the first nine months of India’s current financial year (FY) 2016-2017, the interest costs of states and union territory DISCOMs that have joined the Ujwal DISCOM (distribution company) Assurance ...
/ / Markets & Policy, Solar
Government of India Developing Solar Energy Program for Power Loom Sector

Government of India Developing Solar Energy Program for Power Loom Sector

To help support the power loom sector, the Government of India is formulating a solar energy program for decentralized power loom units in the country. The program will provide financial ...
/ / Markets & Policy, Solar
Solar Tariffs

Mercom Exclusive: Solar Tariffs in India Have Fallen by 73 Percent Since 2010

India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first ...
/ / Markets & Policy, Solar
GST

Delhi Government Releases Solar Policy 2016-2020

The state government of Delhi has released the Delhi Solar Policy 2016, which is applicable for the four-year period 2016-2020. This policy will be applicable for any solar energy generating ...
Import and Export

India Solar Imports Grow by 41 Percent, Exports Decline 49 Percent in the First Nine Months of Financial Year 2016-2017

In the nine months from April to December in financial year (FY) 2016-2017, export and import activity totaling $1.9 billion (~Rs.127 billion) was registered in the Indian solar sector. This ...
/ / Markets & Policy, Solar
MNRE

MNRE Releases Competitive Bidding Draft Guidelines for Solar Projects

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for tariff-based competitive bidding process for solar projects. Here are some key points from the draft proposal - ...
rupees

CERC Reduces Floor Price of Solar RECs to Rs.1,000/MWh

The Central Electricity Regulatory Commission (CERC) has issued new forbearance and floor prices for Renewable Energy Certificates (REC). The CERC has announced that the forbearance price of solar RECs will ...
Policy Roundup

India Solar Policy Roundup: February 2017

Here is a renewable energy policy roundup from central, state and government agencies in India for the month of February 2017. Solar Park Capacity Doubled to 40 GW The increase ...
/ / Markets & Policy, Solar