bcd

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Maharashtra Regulator Directs DISCOM to Honor Solar Developer’s BCD and GST Claims

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹406.44...

May 31, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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MERC Allows Solar Developers’ Compensation Claim Due to GST and BCD Change

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay ReNew Sun Bright ₹32.8...

May 29, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Developing Indigenous Technology Key to Solar Manufacturing in India: Interview

Gradually indigenizing the technology used in solar module manufacturing and creating products that cater specifically to the unique market conditions in India could...

May 23, 2023

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Sumit Jha

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Manufacturing

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Modules

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Solar
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Solar Exports Surged 6,293% YoY in Q1 2023, Imports Fell 34%

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year (CY) 2023, a staggering increase of 6,293%...

May 22, 2023

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Competition is Key to Building a Strong Solar Manufacturing Ecosystem: LONGi Interview

LONGi Solar sees its Indian business nearly tripling in the next few years with an annual solar module supply of 10 GW, up from the 2021 high of 3.5 GW, Arijit Mitra,...

May 18, 2023

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Sumit Jha

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Markets & Policy

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Solar
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MNRE Cracks the Whip on Laggard Solar Projects, Says No Blanket Time Extensions

The Ministry of New and Renewable Energy (MNRE) has warned solar developers that time extensions granted to solar and wind-solar hybrid projects in the wake of COVID-19...

May 3, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Hero Future Wants to be a One-stop Shop Energy Supplier to C&I Clients

With the rapid transformation of the renewable energy landscape from vanilla utility-scale solar projects to round-the-clock (RTC) power supply and a growing C&I...

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Top 5 States for Open Access Solar Installations in CY 2022

India added an impressive 2.5 GW open access solar capacity in 2022, registering a growth of 92% year-over-year (YoY), according to the 2022 Q4 & Annual Mercom India...

March 23, 2023

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Gautamee Hazarika

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C&I

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Mercom Research Focus

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Open Access

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Solar
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CERC Approves Tariffs for 1.4 GW of ISTS-Connected Solar Projects

The Central Electricity Regulatory Commission (CERC) recently approved the tariffs of ₹2.37 (~$0.028)/kWh and ₹2.38 (~$0.029)/kWh discovered through a competitive...

March 10, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Delay in ALMM Approval Process Restricts Domestic Solar Module Supplies

Even as the industry awaits official order on lifting the Approved List of Models and Manufacturers (ALMM) mandate for developers due to the lack of domestic solar...

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India’s Solar Exports Surge by 321% YoY in 2022, Imports Drop by 25%

India exported solar cells and modules worth $561 million (~₹46.4 billion) in 2022, an increase of 321% year-over-year (YoY) compared to $134 million (~₹11 billion) in...

February 21, 2023

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Gautamee Hazarika

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Markets & Policy

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Mercom Research Focus

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Solar
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GUVNL Invites Bids for 500 MW Solar Projects with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids for purchasing power from 500 MW of grid-connected solar power projects (Phase XIX) to be set up anywhere in India with...

February 6, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the completion of solar and wind-solar hybrid projects for which bids were finalized before...

January 27, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Solar Sector Pins Hopes on Budget 2023, Here’s the Long Wish List

The solar sector has a long wish list for the Union Budget 2023, which will be presented in a few days. Stakeholders look forward to Finance Minister Nirmala Sitharaman...

January 27, 2023

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Rakesh Ranjan

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Markets & Policy

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Mercom Research Focus

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Solar
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Outlook for Indian Solar Industry in 2023: A New Manufacturing Era Begins

As we enter 2023, a new era is beginning in the Indian solar industry – a move toward domestic manufacturing and supply chain independence. The solar industry in...

January 17, 2023

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Rakesh Ranjan

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Markets & Policy

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Mercom Research Focus

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Solar

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