GUVNL Auction

SJVN Wins GUVNL’s 100 MW Solar Auction

SJVN Limited, a joint venture between the central government and the government of Himachal Pradesh, has won a 100 MW solar project in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction ...
Solar ALMM Enlistment to Take Longer Than Expected

Solar ALMM Enlistment to Take Longer Than Expected

In its initial steps towards reducing India's dependence on solar imports and self-reliance, the Ministry of New and Renewable Energy (MNRE), as early as 2018, announced compulsory registration of solar ...
/ / Markets & Policy, Solar
Here are the Details for Bidding Under Solar Production-Linked Incentive Program

Here are the Details for Bidding Under Solar Production-Linked Incentive Program

The government's approval for the Production Linked Incentive (PLI) program under the 'National Program on High-Efficiency Solar PV (Photovoltaic) Modules' has been widely welcomed by the solar industry. The PLI ...
/ / Markets & Policy, Solar
Month in a Minute_ Top Headlines from Indian Renewable Sector in March 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in March 2021

Here is a recap of some of the most important headlines from March 2021: Distribution companies (DISCOMs) owed ₹122.49 billion (~$1.65 billion) to renewable energy generators (excluding disputed amounts) in ...
/ / Other, Renewable Energy
Winning Tariff of ₹2.20_kWh in the GUVNL Solar Auction Hasn't Factored BCD

Winning Tariff of ₹2.20/kWh in the GUVNL Solar Auction Hasn’t Factored BCD

The Indian Government's endeavor to encourage domestic manufacturing of solar modules and cells led to the imposition of BCD (Basic Customs Duty) on solar modules with HSN Code 85414012 BCD ...
/ / Solar, Tenders & Auctions
Transmission Infrastructure Crucial to Support Growing Solar Capacity

Transmission Infrastructure Crucial to Support Growing Solar Capacity

The pandemic was just one of the issues that pushed the solar back last year. The industry faced several other impediments coming in the way of project development. One of ...
/ / Grid, T&D
Solar Will Lead All Power Generation in the Coming Decades

Solar Will Lead All Power Generation in the Coming Decades

The Mercom India Solar Summit 2021 kicked off on April 8, 2021, with the session 'Keynote-State of Indian Solar market,' led by Priya Sanjay, Managing Director, Mercom India, and Raj ...
PLI Program_ Higher the Efficiency of Solar Modules, Higher the Incentive

PLI Program: Higher the Efficiency of Solar Modules, Higher the Incentive

The Covid-19 pandemic and the subsequent nationwide lockdown capped off a turbulent 2020 for the Indian solar sector. The pandemic affected the solar supply chain and brought the solar industry ...
Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward

Deferring new bids until the backlog of unsigned power sale agreements (PSAs) with the distribution companies (DISCOMs) is cleared by the Solar Energy Corporation of India (SECI) may be the ...
/ / Markets & Policy, Solar
SECI Amends 25 MW Solar Tender in West Bengal, Factors in BCD Imposition

SECI Amends 25 MW Solar Tender in West Bengal, Factors in BCD Imposition

The Solar Energy Corporation of India (SECI) has amended the tender for a 25 MW solar project in West Bengal, asking bidders to take note of the imposition of the ...
Solar Project Development in India_ A Long Road Towards an Ambitious Target

Solar Project Development in India: A Long Road Towards an Ambitious Target

India's cumulative installations breached the 40 GW mark, according to Mercom India Research. The total installations comprised 34.9 MW of utility-scale solar installations, and the rooftop segment accounted for 5.1 ...
Solar Supply Chain and Mitigating Market Surprises

Solar Supply Chain and Mitigating Market Surprises

Over the past year, the one certain thing in the solar industry has been the 'uncertainty.' Starting with the COVID-19 pandemic and the subsequent closing down of markets, labor challenges, ...
/ / Markets & Policy, Solar
How Policy Flip Flops Hamper Growth of Solar Sector

How Policy Flip Flops Hamper Growth of Solar Sector

India has set some lofty targets for renewable energy, including 175 GW of renewables by 2022 (100 GW from Solar) 450 GW of renewables by 2030 (unofficial). India is also ...
/ / Markets & Policy, Solar
Solar Industry Weighs in on the Basic Customs Duty Implications

Solar Industry Weighs in on the Basic Customs Duty Implications

The Ministry of New and Renewable Energy (MNRE) recently imposed a basic customs duty (BCD) of 40% on solar modules and 25% on solar cells, starting April 1, 2022. The ...
/ / Markets & Policy, Solar
Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022

Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022

The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modules ...
/ / Markets & Policy, Solar
Budget 2021 Receives Mixed Reactions from Energy Sector Stakeholders

Budget 2021 Receives Mixed Reactions from Energy Sector Stakeholders

The 2021-22 Budget tabled in the Parliament by the Finance Minister, Nirmala Sitharaman, has received a mixed response from stakeholders in the energy sector. While the massive outlay for revamping ...
/ / Mercom Research Focus, Other
Solar Manufacturers Seek Clarity on the Production-Linked Incentive Program

Solar Manufacturers Seek Clarity on the Production-Linked Incentive Program

The Indian government has been trying to boost the domestic manufacturing segment and make it globally competitive. In one such move, in November 2020, the government announced a production-linked incentive ...
/ / Markets & Policy, Solar
Here is the Solar Industry Wishlist for Budget 2021

Here is the Solar Industry Wishlist for Budget 2021

Riddled with a pandemic and the subsequent lockdowns, 2020 was a year everyone wants to forget. The year was also adverse for the solar industry, which saw manufacturing and installations ...
/ / Markets & Policy, Solar
2020 A Look Back_ Developments that Shaped the Solar Sector

2020 A Look Back: Developments that Shaped the Solar Sector

2020 took off with high expectations, with Mercom projecting over 8 GW in solar installations for the year right before the COVID-19 pandemic hit. After the lockdown in March, development ...
/ / Mercom Research Focus, Other
Is there a Case for Basic Customs Duty on Solar Inverters_

Is there a Case for Basic Customs Duty on Solar Inverters?

To combat the impact of COVID-19, the government has announced various measures, and chief of them was the “Aatmanirbhar Bharat” or self-reliant India. One of the main initiatives under this ...
/ / Mercom Research Focus, Other
MNRE Asks Solar Manufacturers for List of Goods for Exemption from Basic Customs Duty

MNRE Asks Solar Manufacturers for List of Goods for Exemption from Basic Customs Duty

The Ministry of New and Renewable Energy (MNRE) has issued a notification asking solar PV manufacturers and associations to provide the list of machinery and capital goods required for the ...
/ / Markets & Policy, Solar
Solar Association Asks Government to Defer Basic Customs Duty Imposition by 18 Months

Solar Association Asks Government to Defer Basic Customs Duty Imposition by 18 Months

The Solar Power Developer's Association (SPDA) requested the central government to reconsider its decision of imposing Basic Custom Duty (BCD) on solar cells and modules and postpone its implementation by ...
/ / Markets & Policy, Solar
Long-Term Basic Customs Duty Crucial for India’s Solar Sector_ Roundtable

Long-Term Basic Customs Duty Crucial for India’s Solar Sector: Roundtable

Mercom India held a webinar on August 4, 2020, to discuss the pressing issues and opportunities in the Indian renewable energy sector amid the COVID-19 pandemic. The roundtable discussed the ...
/ / Markets & Policy, Solar
India’s Solar Imports Plunged by 83% in Q2 2020

India’s Solar Imports Plunged by 83% in Q2 2020

Indian solar imports declined by 83% in the second quarter (Q2) of the calendar year (CY) 2020, totaling $69 million (₹5.15 billion) as compared to $399 million (₹29.7 billion) during ...
India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s solar imports fell by 77% year-over-year (YoY) in the first quarter (Q1) of the calendar year (CY) 2020 with $151 million (~₹10.8 billion) compared to $650 million (₹45.8 billion) ...