Mercom Research Focus, Q2 2019, 1H 2019, India Solar Installations, India Solar Market, Renewables, Rooftop Solar, GST, Safeguard Duty, Modules, Export Import, Cumulative Solar Installations, Tariff Caps, Tender and Auction, State Installations, Utility-scale, New Power Addition

1.5 GW of Solar Capacity Installed in India During Q2 2019

Solar installations in India in Q2 2019 witnessed a slight decline with 1,510 MW, a 14% quarter-over-quarter (QoQ) decrease compared to 1,761 MW installed in Q1 2019. Installations were down ...
/ / Markets & Policy, Solar
Delhi Slashes Tariffs for EV Charging to Promote Electric Mobility

Delhi Slashes Tariffs for EV Charging to Promote Electric Mobility

In a step to curb pollution in the city, the Delhi Electricity Regularity Commission (DERC) has cut down the rates of charging stations for e-rickshaws and other electric vehicles. Residential ...
5,646 Electric Buses Approved Across 65 Cities

5,646 Electric Buses Approved Across 65 Cities

The CEO of NITI Aayog, Amitabh Kant, recently said that the inter-ministerial panel had approved 5,645 electric buses for operations in 65 cities in the country. Electric buses have also ...
In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric vehicles (EVs). The 36th ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a plea requesting that the introduction of Goods and Services Tax (GST) be treated as a ‘Change in Law’ event. The petition, filed ...
SECI ISTS Tenders

RK Singh Rallies for Removal of Priority Sector Lending Limit for Renewable Projects

Union Power Minister R.K. Singh held a meeting recently in the national capital to review the issues affecting the renewable energy sector. The meeting was attended by various stakeholders including ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

Maharashtra Commission Rejects Solar Power Developer’s Petition for GST Compensation

Independent solar power producer Azure Power’s petition to Maharashtra Electricity Regulatory Commission (MERC), requesting to order Maharashtra State Power Generation Company (MSGPCL or MAHAGENCO) to compensate the company for the ...
Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019

Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019

There was a lag in the rapid pace of activities in the renewable energy sector during the month of May. The ongoing Lok Sabha elections had slowed down the tenders ...
India Added 1.7 GW of Solar PV in Q1 2019, Rooftop Installations Declined

India Added 1.7 GW of Solar PV in Q1 2019, Rooftop Installations Declined

Solar installations in India in Q1 2019 increased slightly at 1,737 MW, 4% growth compared to 1,638 MW installed in Q4 2018. Installations were down by 49% year-over-year (YoY) compared ...
GAIL Issues Tender for Operation and Maintenance of a 5 MW Solar Project in Jaisalmer

Delhi High Court Directs GST Council to Review Tax Structure for Solar Projects

After reviewing a petition filed by the Solar Power Developers Association (SPDA) that challenges the new tax formulation structure for solar projects, a bench of the Delhi High Court has ...
Hero Future, Vikram Solar and ACME go to Court Opposing Safeguard Duty Imposed by DGTR

Renewable Energy Generators Approach Delhi High Court over Levy of GST on RECs

After paying GST of 12% on renewable energy certificates (RECs), renewable energy project developers who are part of the REC mechanism have approached the Delhi High Court to provide relief ...
/ / Other, Renewable Energy
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha

Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC

The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
/ / Markets & Policy, Solar
Solar and Renewable Energy Policy Roundup from February 2019

Solar and Renewable Energy Policy Roundup from February 2019

February, the shortest month of the year, witnessed some big announcements for the domestic renewable industry, like the imposition of anti-dumping duty on tempered solar glass and EVA sheets. Here ...
/ / Markets & Policy, Solar
India Installs 8.3 GW of Solar in 2018

India Installs 8.3 GW of Solar in 2018

The Indian solar market installed 8,263 MW in 2018, down 15.5 percent compared to 9,782 MW in 2017 as the safeguard duty, GST issues, and land and transmission issues took ...
CERC Provides Relief to Solar Developers in the Matter of GST Compensation

CERC Provides Relief to Solar Developers in Matter of GST Compensation

In a positive development for the domestic renewable industry, the Central Electricity Regulatory Commission (CERC) has provided relief to solar project developers with regards to the effect of goods and ...
/ / Markets & Policy, Solar
To Boost Indigenous Manufacturing, Government Reduces Customs Duty on EV Components

To Boost Indigenous Manufacturing, Government Reduces Customs Duty on EV Components

In a move that could significantly influence the pace of EV adoption in the country, the government has reduced the applicable customs duty on parts and components of electric vehicles ...
Budget 2019: Tempered Expectations from India’s Solar Industry

Budget 2019: Tempered Expectations from India’s Solar Industry

The year 2018 was a tumultuous one for the solar industry. Vague interpretation of the Goods and Services Tax (GST) rates led to a long period of confusion which in ...
SECI’s 1.2 GW Solar Tender Oversubscribed by 900 MW

The Effective Rate of GST on Solar Projects is 8.9%, Argues SPDA in Letter to Jaitley

Keeping in view the lingering uncertainty regarding the applicable rate of GST on various components that go into the making of a solar project, the GST Council, in its 31st ...
/ / Markets & Policy, Solar
Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

Solar Developers Complain They Have to Pay GST on Safeguard Duty, Request Reimbursement

It has been almost 6 months since the imposition of safeguard duty on solar imports to India. However, the industry is still clamoring for clarity amid a plethora of problems ...
Funding into the Global Solar Sector Falls to $2 Billion in Q1 2018

Indian Renewable Energy Sector Received $3.2 Billion in FDI During 2015-2018: DIPP

The Indian renewable energy sector received approximately $3.2 billion in the form of foreign direct investment (FDI) from April 2015 to June 2018, says data released by the Department of ...
/ / Other, Renewable Energy
India Was the Second Largest Solar Market in First Half of 2018

Mercom India’s Most Read Articles of 2018

2018 was an eventful year for the Indian solar market with imposition of duties, policy upheavals, and a lack of clarity which collectively may result in a down year for ...
/ / Markets & Policy, Solar
GST Council Recommends 5% GST for 70% of Solar Project Cost

GST Council Recommends 5% GST Rate for 70% of Solar Project Cost

After waiting for months for clarity on Goods and Services Tax (GST) rates, the GST Council has now given its recommendations on solar power generating projects and other renewable energy ...
/ / Markets & Policy, Solar
Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla

India Was the Second Largest Solar Market in 9M 2018

India’s solar installations came in second worldwide during the first nine months of 2018 in terms of solar capacity addition. China added a whopping 34.5 GW of solar PV capacity ...
/ / Markets & Policy, Solar
GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

GST Introduction to be Treated as Change in Law for Transmission Service Providers: CERC

The Central Electricity Regulatory Commission (CERC) has issued an order stating that the introduction of Goods and Services Tax (GST) that came into effect from July 1, 2017 will constitute ...
/ / Markets & Policy, Solar