Uniform Solar Tariff Plan Expected to Expedite Power Purchase Agreements
(The article has been modified based on new information) The proposed system for a ‘Uniform Solar Tariff’ under a central pool (ISTS-connected projects) is aimed at persuading reluctant state-owned power ...
Maharashtra DISCOM Gets Regulatory Approval to Procure 111 MW of Solar Power
The Maharashtra Electricity Regulatory Commission (MERC) recently approved the procurement of 111 MW of power from grid-connected solar projects under the 'Mukhyamantri Saur Krishi Vahini Yojana.' The Commission allowed the ...
Development of Solar Parks Crucial to Meet the Target of 300 GW by 2030
India added 2,488 MW of solar capacity in the second quarter (Q2) of the calendar year (CY) 2021, an increase of 19% quarter-over-quarter (QoQ) compared to 2,090 MW installed in Q1 2021, ...
First Phase of Market-Based Economic Dispatch of Power to Start from April 2022
The Ministry of Power (MoP) has released the framework for implementing the Market-Based Economic Dispatch (MBED) - Phase 1 program to reduce consumers’ power purchase costs by 5%. MBED will ...
Punjab Electricity Regulator Holds Solar Power Curtailment Unjustifiable
The Punjab State Electricity Regulatory Commission (PSERC) has held the curtailment of power generated by seven solar project developers in 2020 unjustifiable. It directed the Punjab State Power Corporation Limited ...
Andhra High Court’s Order to Quash the 6.4 GW Solar Tender Suspended
The larger bench headed by the Chief Justice of the High Court of Andhra Pradesh has suspended the earlier order passed by the single-judge bench quashing the request for selection (RfS) ...
India to Add 20.2 GW of Wind Capacity Between 2021-2025, Wind Market to Grow by 50%
The Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) have jointly released the ‘India Wind Energy Market Outlook 2025’ report, which predicts that the world’s fourth-largest wind power market ...
Azure Power Registers 16.2% YoY Rise in Revenue in Q4 FY2021
Azure Power posted a 16.2% year-over-year (YoY) rise in its revenue in the fourth quarter (Q4) of the financial year (FY) 2021, driven by projects commissioned in FY 2021. Other reasons ...
COVID-19 Impact: Deadline to Sign PPAs for Distributed Solar Projects Extended
The Gujarat Electricity Regulatory Commission (GERC) has extended the time limit for the execution of power purchase agreements (PPAs) between the state distribution companies (DISCOMs) and small-scale distributed solar project ...
Asia-Pacific Markets are Most Challenging for Corporates to Shift to 100% Clean Energy
Asia-Pacific markets are among the most challenging in the world for global companies to switch to 100% renewable energy, RE100 said in a new report. RE100 is an initiative led ...
Power Sale Agreement Signing Delays Could Slow Down Pace of Solar Installations
The large-scale solar project pipeline in India stood at 44.7 GW, with another 34.6 GW of tendered capacity pending auctions at the end of Q3 2020, according to Mercom India ...
Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector
Concerns about tumbling tariffs and frequent Power Purchase Agreement (PPA) renegotiations were just a few of the items highlighted by the Economic Survey 2018, which was tabled in Parliament by ...
Gujarat Government Agencies Push the Low Bid to ₹2.65/kWh in 500 MW GUVNL Auction in India
A low tariff of ₹2.65 (~$0.0413)/kWh was quoted in the recently held Gujarat Urja Vikas Nigam Limited (GUVNL) 500 MW solar auction with aggressive bidding by Gujarat government agencies. The ...
National Solar Energy Federation of India Seeks Extension of Solar Project Commissioning Dates in Uttar Pradesh
The National Solar Energy Federation of India (NSEFI) has sought an extension of project commissioning timeline for six solar projects in Uttar Pradesh. The NSEFI wrote a letter to the ...
PPAS For 1,050 MW Wind Projects Signed
Power Purchase Agreements (PPAs) for wind projects aggregating 1,049.9 MW were signed between PTC India, a power trading solution provider, and developers who won bids to develop projects in the ...
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 ...
GUVNL Tenders 500 MW of Grid-Connected Solar in Gujarat
The Gujarat Urja Vikas Nigam Limited (GUVNL) tendered 500 MW of solar to be installed across the state of Gujarat. The bid-submission deadline is July 10, 2017. GUVNL has regulated, ...
Rural Electrification Corporation Signs MoU Worth Rs.151.5 Billion (~$2.25 billion) in Jharkhand to Connect State to the Grid
The Rural Electrification Corporation (REC) has signed a memorandum of understanding (MoU) with the state government of Jharkhand worth Rs.151.5 billion (~$2.25 billion). An MoU was signed with Jharkhand Bijli ...
Karnataka DISCOMs to Sign Supplemental PPAs with Developers
The power distribution companies (DISCOMs) in Karnataka have been asked by the state government to sign supplemental power purchase agreements (PPAs) with successful developers to set up 1,200 MW of ...