CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects
The Central Electricity Regulatory Commission (CERC), in a recent order, rejected ReNew Power’s petition to adjust the bank guarantee upon grant of stage-II connectivity against the letter of award (LoA) issued ...
Ministry of Power Releases Detailed Plan to Revamp DISCOMs
The Ministry of Power (MoP) has issued detailed guidelines for reform-based result-linked power distribution program over the next five years. The program aims to improve the quality and the reliability ...
Odisha DISCOMs and GRIDCO to Auction Surplus Power to Industries in the State
The Odisha Electricity Regulatory Commission (OERC) directed Grid Corporation of Odisha (GRIDCO) to find a reasonable tariff to sell surplus power to industries in the state by following a transparent ...
Andhra Pradesh DISCOM Experiences Steepest Rating Decline in FY 2020
The Ministry of Power released its ninth annual integrated ratings for the state distribution companies (DISCOMs) for the financial year (FY) 2020. Overall, 16 DISCOMs (out of 41) registered improvements ...
Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure
The Ministry of Power (MoP) has provided an option for distribution licensees (DISCOMs) to continue or exit from power purchase agreements (PPAs) for projects that have completed 25 years of ...
Power Generators Face Highest Payment Backlog from Tamil Nadu and Rajasthan DISCOMs
Distribution companies (DISCOMs) owed ₹124.2 billion (~$1.66 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 193 pending invoices at the end of May 2021, according to ...
Government Approves Net Metering for Rooftop Solar Systems Up to 500 kW Capacity
The Ministry of Power (MoP) has finally issued the much-awaited amendment to the Electricity (Rights of Consumers) 2020 Rules concerning net metering for rooftop solar installations. The amendment permits net ...
SECI Pays ₹4.91 Billion to Solar and Wind Developers for Power Purchase in May
The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$66 million) to solar and wind developers for the power it purchased in May 2021, according to the data ...
EoI Issued to Procure Solar, Bundled Power from NTPC’s Nokh Solar Project
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Limited, has invited bids to procure solar and round-the-clock solar bundled with thermal power from NTPC’s 735 MW Nokh ...
Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment
The Ministry of Power has issued a discussion paper on market-based economic dispatch (MBED) of power and has requested the stakeholders to provide their comments on the matter by June ...
SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April
The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$67.3 million) to solar and wind developers for the power it purchased in April 2021, mentions the data released ...
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism
The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
West Bengal Plans to Roll Out 1 Million Electric Vehicles in the Next Five Years
The Power Department of West Bengal has announced the Electric Vehicle (EV) Policy 2021, aiming to position the state as a sustainable transportation infrastructure hub. Through the move, the state ...
Rooftop Solar: The Struggles Continue Despite Enormous Potential
The energy costs for commercial and industrial (C&I) units in India account for around 30%-40% of the operational expenses. Embracing solar seems like the most logical step towards saving the ...
Tender Floated for 68,245 Bi-Directional Energy Meters for Rooftop Solar Systems
The Paschim Gujarat Vij Company Limited (PGVCL), on behalf of other distribution companies (DISCOMs) of Gujarat, has invited bids to procure 68,245 bi-directional solar static meters (single-phase, 2-wire, 5-30 Ampere) ...
Electricity Regulators Suggest Measures to Reduce Retail Power Tariff
In a recent meeting, the Forum of Regulators discussed factors affecting the cost of power and stressed the need to analyze and evolve measures to reduce or contain the retail ...
Higher Execution of Solar EPC Projects Pushes Tata Power’s Revenues Up 14% YoY
Tata Power declared its financial results for FY 2021 and recorded a 14% growth in consolidated revenues at ₹330.79 billion (~$4.49 billion) compared to ₹ 289 billion (~$3.9 billion) in ...
Month in a Minute: Top Headlines from Indian Renewable Sector in April 2021
Here is a recap of some of the most important headlines from April 2021: Distribution companies (DISCOMs) owed ₹123.45 billion (~$1.68 billion) to renewable energy generators (excluding disputed amounts) in ...
DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021
Distribution companies (DISCOMs) owed ₹120.25 billion (~$1.62 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 283 pending invoices at the end of March 2021, according to ...
Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders
The Ministry of Power has issued a notification directing the state electricity regulatory commissions (SERCs) to issue tariff orders for the financial year (FY) 2020-21 at the earliest. The Ministry ...
Ministry of Power Calls for Suggestions to Frame the National Electricity Policy 2021
The Ministry of Power (MoP) has released the draft National Electricity Policy (NEP) 2021 and invited suggestions from all stakeholders. The MoP has created an expert committee that includes members ...
Barring DISCOMs With Long Pending Bills from Accessing Spot Market – Who Will Enforce?
The inordinate delays in distribution companies (DISCOMs) clearing payments have made it difficult for solar and wind energy generators to operate their businesses. Already facing a tough time in the ...
Andhra Pradesh High Court Directs DISCOMs to File Affidavit on Dues to Renewable Generators
The Andhra Pradesh High Court has directed distribution companies (DISCOMs) in the state to file a detailed affidavit on the objections raised by the renewable energy generating companies about pending ...
Open Access Power Consumers in Tamil Nadu to Pay Additional Surcharge of ₹0.70/kWh
The Tamil Nadu Electricity Regulatory Commission (TNERC) has heard a petition filed by the distribution company and approved an additional surcharge of ₹0.70 (~$0.0093)/kWh, payable by open access consumers. The ...
SECI Payouts to Solar and Wind Developers Down to ₹4.08 Billion in February 2021
The Solar Energy Corporation of India (SECI) paid nearly ₹4.08 billion (~$56.2 million) to solar and wind developers for the purchase of power in February 2021, as per the data ...
