How Low Can It Go – Solar Tariff of $0.0178/kWh Quoted in Saudi Arabia’s First Solar Auction
The low bids submitted for a 300 MW solar PV project planned for Saudi Arabia surprised everyone recently when the lowest submitted bid for the levelized cost of energy (LCOE) ...
Solar Lowers TANGEDCO’s Pooled Cost of Power Purchases to ₹3.70/kWh
The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed the pooled cost of power purchases for Tamil Nadu Generation and Distribution Corporation (TANGEDCO) at ₹3.70 (~$0.056)/kWh for the financial year ...
DISCOM and Developers Agree on Renegotiated Tariff of ₹4.95 (~$0.0762)/kWh in Jharkhand to Develop 685 MW of Solar Projects
Mercom has confirmed that in Jharkhand, power purchase agreements (PPAs) for a total of 685 MW of solar projects out of 1.1 GW will be signed over the next few ...
IBC Solar Signs PPA and Raises Financing for 20 MW Solar Project in Odisha
IBC Solar, a PV system and energy storage company, signed power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 20 MW solar project located in Odisha ...
Ceylon Electricity Board Tenders 10 MW Solar Project in Vavunathivu
Ceylon Electricity Board (CEB) has tendered a 10 MW solar project to be developed in Vavunathivu in Sri Lanka. This is a global tender and the deadline to submit project ...
State DISCOMs to Buy Minimum 20 Percent of Power Generated in Solar Parks
The Ministry of New and Renewable Energy (MNRE) has issued an order explaining the rules for state distribution companies (DISCOMs) to purchase power produced in solar parks in the state ...
NTPC Looking for Off-taker for 250 MW Kadapa Solar Park after APSPDCL Refuses to Sign PPA
The National Thermal Power Corporation (NTPC) is on the lookout for an off-taker to procure solar power from the 250MW Kadapa solar park in Andhra Pradesh. The NTPC had tendered ...
RPO System to be Re-evaluated Says Power Minister Piyush Goyal
A separate solar and non-solar renewable purchase obligations (RPO) system should be reviewed according to Mr. Piyush Goyal, Minister of Power. If what’s been proposed by Mr. Goyal comes to ...
With the Advent of Reverse Auctions Wind is a Player Again
India’s wind sector has been around for much longer than the solar sector with steady installations of about 1.5 – 2.5 GW per year. Cumulative wind installations have reached 32 ...
Government of Mizoram Issues Solar Power Policy 2017 with Focus on Ensuring Sustainable Energy Mix for the State
The State Government of Mizoram has issued the Mizoram Solar Power Policy 2017. The policy is aimed at ensuring reliable power supply and a sustainable energy mix for the state ...
SECI Looks to Repeat Its Sucess With Another 750 MW Solar Tender at Bhadla Solar Park
The Solar Energy Corporation of India (SECI) has tendered another 750 MW of solar at Bhadla. The capacity tendered includes, 500 MW of solar at Bhadla Phase-III solar park and ...
TANGEDCO Tenders 500 MW of Wind to Meet RPO
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) tendered 500 MW of wind. The bid-submission deadline is July 18, 2017. The TANGEDCO will sign 25-year power purchase agreements (PPAs) with ...
GUVNL Tenders 500 MW of Wind in Gujarat to Meet RPO
The Gujarat Urja Vikas Nigam Limited (GUVNL) tendered 500 MW of wind to be installed across the state of Gujarat. The bid-submission deadline is July 10, 2017. The GUVNL has ...
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 ...
SECI Tenders 1,000 MW of ISTS-Connected Wind Projects Under Tranche-II
The Solar Energy Corporation of India (SECI) tendered 1,000 MW of Interstate Transmission System (ISTS)-connected wind power projects under Tranche-II. The bid-submission deadline is July 14, 2017. The SECI will ...
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 ...
Southern Power Distribution Company of Andhra Pradesh Tenders 10 MW of Solar Projects
The Southern Power Distribution Company of Andhra Pradesh (APSPDCL), a power distribution company (DISCOM) of Andhra Pradesh, has tendered 10 MW (2x5 MW) of projects in the state. A 5 ...
Ministry of Power’s Proposal to Compensate for Grid Curtailment
The Ministry of Power is proposing to set up a compensation mechanism for existing renewable energy projects which will enable them to protect the cash flows to an extent from ...
SJVN Seeks Expressions of Interest In 500 MW of Solar Power
Earlier this month, Satluj Jal Vidyut Nigam (SJVN) Limited, a joint venture between the Governments of India and the state of Himachal Pradesh, announced that they were seeking Expressions of ...
TANGEDCO Announces 1,500 MW Solar Tender
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has announced a tender for 1,500 MW of solar in Tamil Nadu through reverse auction. Developers can bid for a minimum capacity ...
DEEP DIVE: Intense Competition Drives Solar Tariffs to a New Record Low of Rs.2.62/kWh at Bhadla Phase-IV Solar Park Auction in India
The solar tariff in India breached the Rs.3 (~$0.046)/kWh mark in the recently concluded 250 MW Bhadla Phase-IV Solar Park auction. The winning tariff of Rs.2.62 (~$0.0405)/kWh quoted in the ...
Andhra Pradesh DISCOM’s to Renegotiate Power Purchase Agreements
The Andhra Pradesh Southern Power Distribution Company (APSPDCL), a state distribution company, has decided to renegotiate power purchase agreements (PPAs) it had signed with wind project developers. The PPA's were ...
Karnataka Electricity Regulatory Commission Issues Advisory Asking DISCOMs Not to Sign New PPAs with Wind Project Developers in Karnataka
The Karnataka Electricity Regulatory Commission (KERC) has issued an advisory to the state government of Karnataka, asking it to direct all distribution companies (DISCOMs) in the state not to enter ...
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in April 2017
Mercom India forecasts cumulative installations in the calendar year 2017 to reach 10 GW. The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of ...
26.7 MW of Solar Tendered and 250 MW Auctioned in India, in April 2017
In the month of April 2017, only 26.72 MW of solar was tendered and 250 MW was auctioned in India compared to March 2017, when 4.5 MW of new solar ...
