Loans Provided to Renewable Energy Sector by REC Limited Up 10% YoY in Q3 FY22
REC Limited, a public infrastructure finance company involved in financing power projects, disbursed ₹4.7 billion (~$62.93 million) in loans to the renewable energy sector in the third quarter (Q3) of ...
Residential Rooftop Solar in Delhi to Cost Consumers Only ₹32,400 for a 1 kW System
The Indraprastha Power Generation Company (IPGCL) has revealed the lowest (L1) bidders and the quoted project costs for residential rooftop solar systems under the capital expenditure (CAPEX) model of B ...
PXIL and IEX Launch Real-Time Market for Electricity Transactions
The Power Exchange India Limited (PXIL) and Indian Energy Exchange (IEX) have started their real-time market (RTM) trading platforms for electricity transactions on June 1, 2020. The real-time market is ...
Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges
The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering a rebate of about 20-25% ...
Karnataka Retains Generic Tariff of ₹3.26/kWh for Wind Projects in FY 2020-21
The Karnataka Electricity Regulatory Commission (KERC) has issued an order stating that the generic tariff for wind power projects will continue to remain the same at ₹3.26 (~$0.04)/kWh as determined ...
MNRE Directs Three States to Allow Rollover of Banked Energy Amid COVID-19 Lockdown
The Ministry of New and Renewable Energy (MNRE) has issued an advisory saying that the power energy departments and distribution companies (DISCOMs) in three states should consider permitting rollover of ...
Amid COVID-19 Outbreak, Delhi Announces Rebates for Electricity Consumers
Considering the Coronavirus (COVID-19) outbreak and the repercussions it has had on several services, including power supply, the Delhi Electricity Regulatory Commission (DERC) has announced rebates and incentives on power ...
India’s Lockdown Amid COVID-19 Hurts Wind Supply Chain Globally: Report
The Global Wind Energy Council (GWEC) has released a new report which analyzes how COVID-19 is impacting the global wind industry, including India. According to GWEC's report, "When the COVID-19 ...
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 ...
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 ...
Restrictive Policies a Hindrance for Rooftop Solar: Amplus Interview
The ongoing economic slowdown, uncertainties in policies, and regulatory hurdles have slowed down the pace of rooftop installations. Rooftop installations currently account for nearly 12% of total solar installations in ...
Assam: Solar RPO of 1% Applicable to Captive Power Projects Commissioned Before 2016
The Assam Electricity Regulatory Commission (AERC) has notified that for captive power projects (CPPs) which were commissioned before April 1, 2016, the renewable purchase obligation (RPO) will be 1% for ...
Ministry of Power Wants Tariff Rebates for Customers Making Prepayments
The Ministry of Power (MoP) has asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the retail power tariff to ...
Andhra DISCOMs Only Clearing Part of the Dues in Batches to Wind and Solar Developers
Solar and wind power developers in the state of Andhra Pradesh are beginning to receive part of their dues in batches. Mercom spoke to several developers who confirmed that some ...
CERC Approves Tariffs of ₹2.65/kWh and ₹3.46/kWh for 2 GW of Wind Projects
The Central Electricity Regulatory Commission (CERC) has approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited for 2 GW of wind power projects ...
Delhi Penalizes Three DISCOMs for Defaulting on Renewable Purchase Obligations
Delhi Electricity Regulatory Commission (DERC) has imposed penalties of ₹17.2 million (~$240,000) on Tata Power Delhi Distribution Limited (TPDDL) and ₹28.8 million (~$410,000) each on BSES Yamuna Power Ltd. (BYPL) ...