RERC Sets Benchmark Tariff for Solar PV Projects in Rajasthan

RERC Sets Benchmark Tariff of ₹3.93/kWh for Solar PV Projects in Rajasthan for FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed ₹3.93 (~$0.06)/kWh as the generic tariff for solar PV projects without accelerated depreciation (AD) in Rajasthan. The tariff is levelized for 25 ...
/ Markets & Policy, Solar
India Solar Auction Activity in September

India Solar Auction Activity Increases in September, Tender Announcements Fall

In September 2017, solar auction activity increased in India. Compared to the 76 MW auctioned in August, 602 MW of solar were auctioned in September. Meanwhile solar tender announcements witnessed ...
/ Solar, Tenders & Auctions
Meeting Between Solar Industry Stakeholders and Minister of Power

What Happened in the Meeting Between Solar Industry Stakeholders and Minister of Power

Minister of Power R.K. Singh called a meeting yesterday with solar project developers and manufacturers to understand the state of the solar industry in India. In the meeting, Singh discussed ...
/ Markets & Policy, Solar
Solar India

Anti-Dumping Tariff, Consistent Tenders Needed to Support Solar Manufacturing in India

The following is from a conversation Mercom India had with Sunil Rathi, director of sales and marketing for Waaree Energies on the current state of Indian solar market. What do ...
/ Markets & Policy, Solar
Mercom REI Panel

Tariff and GST Uncertainty Are Only a Temporary Drag on India’s Solar Market

Tax confusion, uncertainty about anti-dumping tariffs, and stagnant demand are all affecting India’s solar sector, which witnessed relatively smooth growth in the last three-to-four years until the hiccup that began ...
/ Markets & Policy, Solar
Tata Power Solar

Tata Power Solar CEO Says India’s Solar Manufacturing Sector Needs Support to Become Competitive

The following is from a conversation Mercom India had with Tata Power Solar CEO Ashish Khanna at the Renewable Energy Expo 2017 in Greater Noida, India. This is the first ...
/ Markets & Policy, Solar
Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017 As India’s largest cleantech conference opens, there are a lot of unanswered questions that everyone wants answers to. Here ...
/ Markets & Policy, Solar
Solar Power in Q2 2017

India Generated 5.5 Billion Units of Solar Power in Q2 2017, an 87 Percent Increase Over Q2 2016

Solar in India accounted for 5.5 billion units of electricity produced in the country during the second quarter (Apr-Jun) of 2017, an 87 percent increase over the second quarter of ...
/ Solar, Utility Scale
Financing Activity in the Indian Solar Sector So Far This Year

Solar Tender and Auction Activity in India Dropped Significantly in July 2017

Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable GST rates for solar, DISCOMs seeking lower tariffs after the Bhadla record-low bid, and ...
/ Solar, Tenders & Auctions
Mercom India Solar Market Update

India Installs 4.8 GW of Solar in the First Half of 2017, Eclipsing All of 2016

1.9 GW installed in Q2 2017, over 10 GW projected in 2017 The Indian solar market added 1,869 megawatts (MW) in the second quarter of 2017, bringing installations in the ...
/ Markets & Policy, Solar
GAT Update

GST UPDATE: Confusion Reigns around GST for Solar Systems, MNRE Wants 5 Percent Rate for All Components

There is still a lot of confusion around GST for solar systems, which has created a lot of uncertainty in the solar sector. Tender activity has come to a standstill ...
/ Markets & Policy, Solar
photovoltaic

India GST UPDATE: 5 Percent GST on Solar Modules, All Other Components at 18 Percent or Higher

India’s Goods and Services Tax (GST) rates for solar components have been finalized, government agency sources told Mercom, with GST rates expected to be 18 percent or more for some ...
/ Modules, Solar
Andhra Pradesh New and Renewable Energy Agency Sets Empanelment Rates for 1-5 kW Rooftop Solar

Andhra Pradesh New and Renewable Energy Agency Sets Empanelment Rates for 1-5 kW Rooftop Solar

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has set the rates for empanelment to supply, install and commission 1 kW to 5 kW solar rooftop projects ...
/ Rooftop, Solar
Policy Roundup

India Renewable Energy Policy Roundup: June 2017

Mercom’s renewable energy policy roundup from central, state and government agencies in India for the month of June 2017: The Central Electricity Regulatory Commission (CERC) issued a levelized generic tariff ...
/ Markets & Policy, Solar
Where Are We With GST

Mercom Exclusive: Effects of 5 Percent GST on Solar in India

India’s Finance Minister, Arun Jaitley, confirmed a solar goods and services tax (GST) rate of 5 percent at the 15th meeting of the GST Council with the official order to the effect still ...
/ Other, Renewable Energy
Where Are We With GST

BREAKING NEWS – It’s Official: Finance Minister Arun Jaitley Confirms 5 Percent GST for Solar

India’s Finance Minister, Arun Jaitley, confirmed a solar GST rate of 5 percent at the 15th meeting of the GST Council held today. This official clarification ends a week of ...
/ Markets & Policy, Solar
Policy Roundup

India Renewable Energy Policy Roundup: May 2017

Renewable energy policy roundup from central, state and government agencies in India for the month of May 2017: The Karnataka Electricity Regulatory Commission (KERC) issued an advisory to the state ...
/ Other, Renewable Energy
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in May 2017

The Asian Development Bank (ADB) approved a $100 million (~Rs.6.46 billion) loan to the Punjab National Bank (PNB) to finance large solar rooftop systems on industrial and commercial buildings across ...
/ Markets & Policy, Solar
GST

Revenue Secretary Says Solar Module GST Rate To Be 5 Percent

The Revenue Secretary at the Ministry of Finance, Mr. Hasmukh Adhia, has tweeted that “all solar equipments and its parts would attract 5 percent GST only.” He has given statements ...
/ Markets & Policy, Solar
Where Are We With GST

UPDATED: Where Are We with Solar GST in India

The government of India released the Goods and Services Tax (GST) schedule on May 18th, listing commodities in respective tax slabs of zero, 5 percent, 12 percent, 18 percent and ...
/ Markets & Policy, Solar
UP 750 MW Bhadla

Uttar Pradesh Government Plans to Set Up 750 MW Solar Projects at Bhadla

In an aim to replicate the success of the recently concluded Bhadla Phase-III and Phase-IV Solar Park auctions, the government of Uttar Pradesh is also considering setting up 750 MW ...
/ Solar, Utility Scale
GST

Solar Modules to be Hit With 18% GST Rate in India, Coal Gets 5%

The government of India has released tax slabs for various commodities to be affected by the implementation of the Goods and Services Tax (GST). According to the government document, GST ...
/ Modules, Solar
Wind Power Installed in India FY2016-17

India Solar and Renewable Energy Policy Roundup: April 2017

Renewable energy policy roundup from central, state and government agencies in India for the month of April 2017: There are 27 member states and union territories now participating in the ...
/ Markets & Policy, Solar
GST

Clean Environment Cess That Funds Clean Energy Programs in India Will Now be Used Towards GST Compensation Fund

The Government of India has enacted a bill that will utilize the Clean Environment Cess (India’s version of carbon tax) collected on coal, to finance the Goods and Services Tax ...
/ Other, Renewable Energy
Solar Panel

Mercom Exclusive: Can Domestic Manufacturers Capture a Larger Piece of the Growing Indian Solar Market?

Solar installations in India reached 4 GW in 2016, and are expected to surpass 9 GW in 2017, an incredible pace of growth considering India installed just 883 MW in ...
/ Markets & Policy, Solar