MNRE Orders Timely Payment and ‘Must-Run’ Status to Renewable Stations During Lockdown

MNRE Orders Timely Payment and ‘Must-Run’ Status to Renewable Stations During Lockdown

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the payment to renewable energy generating stations during the moratorium provided to distribution companies (DISCOMs) by the ...
Industry Groups Ask for Renewable Generators to be Fully Paid Amid COVID-19 Crisis

Industry Groups Ask for Renewable Generators to be Fully Paid Amid COVID-19 Crisis

The Solar Power Developers Association (SPDA) and the Indian Renewable Energy Alliance (IREA) have written  letters to the Government of India requesting necessary relief for renewable energy generators in the ...
/ / Other, Renewable Energy
Punjab Claims it is Curtailing Power Under Force Majeure Due to Coronavirus Outbreak

Punjab Claims it is Curtailing Power Under Force Majeure Due to Coronavirus Outbreak

The Punjab State Power Corporation Limited (PSPCL) has issued a ‘force majeure’ notice stating that it has been forced to curtail power purchase and generation due to the ongoing nationwide ...
Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

Madhya Pradesh Asks Ministry of Power Not to Take Action for Payment Delays

The Coronavirus outbreak has created an unprecedented situation with the country in a state of complete lockdown declared by the National Disaster Management Authority (NDMA) from March 24, 2020, to ...
/ / Grid, Market & Policy
Maharashtra Not to Levy Grid Support Charges on Rooftop Solar

Maharashtra Not to Levy Grid Support Charges on Rooftop Solar

The Maharashtra Electricity Regulatory Commission (MERC) has approved the revised retail electricity tariffs for the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the fourth control period from FY 2020-21 ...
/ / Rooftop, Solar
Shipping Lines Asked Not to Impose Detention Charges on Containers Due to Coronavirus

Shipping Lines Asked Not to Impose Detention Charges on Containers Due to Coronavirus

The Directorate General of Shipping (DGS), Mumbai, has issued an advisory to shipping lines asking them not to impose any container detention charges on import shipments at Indian seaports to ...
SECI Says UP DISCOMs Can't Claim Force Majeure Amid COVID-19 for Insufficient Funds

SECI Says UP DISCOMs Can’t Claim Force Majeure Amid COVID-19 for Insufficient Funds

The Solar Energy Corporation of India (SECI) issued a letter to the Uttar Pradesh Power Corporation Limited (UPPCL) stating that its claim of 'force majeure' for its inability to pay ...
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
/ / Grid, Utilities
SECI Asks DISCOMs to Allow Digital Invoices Amidst Coronavirus Lockdown

SECI Asks DISCOMs to Allow Digital Invoices Amidst Coronavirus Lockdown

With the country under lockdown due to the COVID-19 pandemic, the Solar Energy Corporation of India (SECI) has requested all state distribution companies (DISCOMs) and agencies to allow submission of ...
DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

DISCOMs Get 3 Month Moratorium to Pay Power Generators Due to COVID-19 Disruption

Amid the growing fear of the spread of Coronavirus and the lockdown imposed by the country to stop the spread of COVID-19, the workforce of the power sector, including the ...
/ / Grid, Market & Policy
COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

The Central Electricity Regulatory Commission (CERC) has rescheduled implementing the fifth amendment of deviation settlement regulations from April 1, 2020, to June 1, 2020. The present regulations (Regulation 7) will ...
/ / Grid, Market & Policy
Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid Covid-19 Lockdown

Uttar Pradesh Power DISCOMs Grapple with Reduced Collections Amid COVID-19 Lockdown

The outbreak of COVID-19 has created an unprecedented situation, causing far-reaching consequences for both businesses and consumers across the country. In a circular issued on February 19, 2020, the government ...
/ / Grid, Utilities
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
/ / Other, Renewable Energy
Amid COVID-19 Lockdown, Power To Be Scheduled Despite 50% Reduction in Payment Security

Amid COVID-19 Lockdown, Power To Be Scheduled Despite 50% Reduction in Payment Security

Considering the outbreak of coronavirus (COVID-19), which has severely affected the economy, the Ministry of Power (MoP) has issued a directive which states that the power may be scheduled even ...
/ / Grid, Market & Policy
Power Transmission Unit Employees to Continue Working Amid Coronavirus Lockdown

Power Transmission Unit Employees to Continue Working Amid Coronavirus Lockdown

To provide operation and maintenance of the interstate transmission network during the ongoing COVID-19 nationwide lockdown, the Ministry of Power (MoP) has requested the administrations of all states and union ...
/ / Grid, T&D
Mercom Coronavirus Live Updates_ Effect on Clean Energy in India

Mercom Coronavirus Live Updates: Effect on Clean Energy in India

The impact of Coronavirus has finally reached the Indian clean energy sector. Mercom had forecasted solar installations in India to grow by 17% year-over-year due to a strong pipeline of ...
/ / Mercom Research Focus, Other
RBI Cuts Repo Rate to 4.4% to Boost Economic Activity Amid Coronavirus Pandemic

RBI Cuts Repo Rate to 4.4% to Boost Economic Activity Amid Coronavirus Pandemic

As the country grapples with the Coronavirus (COVID-19) outbreak, the Reserve Bank of India (RBI) today announced that the repo rate has been reduced by 75 basis points (bps) to ...
/ / Finance and M&A, Other
COVID-19 Lockdown_ MNRE Extends Deadline for All Renewable Projects Under Construction

COVID-19 Lockdown: MNRE Extends Deadline for All Renewable Projects Under Construction

All renewable energy projects currently under implementation will be given an extension of time in light of the ongoing lockdown due to the Covid-19 pandemic, Anand Kumar, Secretary of the ...
India Will Not Levy Late Fee on Bills of Entry of Imported Cargo Amid COVID-19 Outbreak

India Will Not Levy Late Fee on Bills of Entry of Imported Cargo Amid COVID-19 Outbreak

Amid the novel coronavirus (COVID-19) outbreak, the office of the Principal Commissioner of Customs (ACC-Import), has issued a pubic notice to clear imported cargo. According to the notice, late fee ...
/ / Markets & Policy, Solar
Indian Solar Industry Confronts Coronavirus Crisis

Indian Solar Industry Confronts Coronavirus Crisis

The Coronavirus pandemic is proving to be the solar industry’s biggest challenge this year, and the repercussions are being felt across industries all over the globe. Global supplies have been ...
Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

According to the order issued by the Ministry of Home Affairs, all offices of the government of India, its autonomous and subordinate offices, and pubic corporations will remain closed except ...
/ / Markets & Policy, Other
Supreme Court_ No Hearing of Petitions and No New Petitions Can be Filed Due to Covid-19

Supreme Court: No Hearing of Petitions and No New Petitions Can be Filed Due to Covid-19

The Supreme Court of India has indefinitely extended the period of limitation on filing petitions, applications, suits, appeals, and other proceedings at courts and tribunals across the country in light ...
Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

In the wake of the deadly Coronavirus (COVID-19) outbreak, which has affected the global economy, India’s Finance Minister Nirmala Sitharaman today announced relief measures for taxpayers and businesses as the ...
/ / Finance and M&A, Other
Renewable Supply Chain Disruption Due to Coronavirus to Be Treated As Force Majeure

Renewable Supply Chain Disruption Due to Coronavirus to Be Treated As Force Majeure

Considering the adverse impact of the Coronavirus pandemic on the global economy, the Ministry of New and Renewable Energy (MNRE) has issued an official memorandum which states that the time ...
/ / Other, Renewable Energy
Coronavirus to be Covered Under Force Majeure Clause, Says Ministry of Finance

Coronavirus to be Covered Under Force Majeure Clause, Says Ministry of Finance

Amid the increasing doubt on the supply chains due to the spread of deadly coronavirus in China, the Ministry of Finance (Department of Expenditure Procurement Policy Division) has issued a ...
/ / Markets & Policy, Solar