SECI’s 1,785 MW Solar Auction Gets Lowest Tariff of ₹2.17/kWh
NTPC, Sprng Energy, UPC Renewables, Metka EGN Singapore Pte, ReNew Power, and ACME Solar were declared winners in the Solar Energy Corporation of India’s (SECI) auction for 1,785 MW of ...
CERC Approves Tariff of ₹2.41/kWh for 1,100 MW of Wind-Solar Hybrid Projects
The Central Electricity Regulatory Commission (CERC) recently approved a tariff of ₹2.41 (~$0.032)/kWh for 1,110 MW of wind-solar hybrid power projects as agreed by the successful bidders. The Commission also ...
CERC Approves Tariffs for 970 MW of Blended Solar Wind Projects
The Central Electricity Regulatory Commission (CERC) recently approved tariffs of ₹2.99 (~$0.039)/kWh for 160 MW and ₹3 (~$0.040)/kWh for 810 MW of wind power projects (blended with solar) as agreed ...
Tariff of ₹2.51/kWh Approved for 250 MW of Solar Projects at Dondaicha Solar Park
The Maharashtra Electricity Regulatory Commission (MERC) has authorized the Maharashtra State Power Generation Company Limited (MAHAGENCO) and the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to procure 250 MW of ...
Re-Examine Punjab’s Bill on Renegotiating Renewable Energy Tariffs: NSEFI
The National Solar Energy Federation of India (NSEFI) has requested Union Law and Justice Minister Kiren Rijiju to re-examine the Punjab Renewable Energy Security, Reform, Termination, and Re-Determination of 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 ...
Tamil Nadu Regulator Rejects Plea to Increase Tariff for Solar KUSUM Program
The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected a petition filed by Tamil Nadu Energy Development Agency (TEDA) to approve a revised benchmark tariff of ₹2.97 (~$0.040)/kWh for solar energy ...
Kerala DISCOM Gets Regulatory Approval to Buy 300 MW of Solar Power from SECI
The Kerala State Electricity Regulatory Commission (KSERC) recently allowed the Kerala State Electricity Board (KSEB) to procure 300 MW of solar power from the Solar Energy Corporation of India (SECI) ...
Haryana Sets Levelized Tariff of ₹2.86/kWh for a 50 MW Solar Project
The Haryana Electricity Regulatory Commission (HERC) has set a levelized tariff of ₹2.86 (~$0.038)/kWh for a 50 MW solar project in Haryana's Sirsa district. Avaada Green HN Project Private, a ...
Consumer Power Tariffs to be Hiked Automatically When DISCOM Power Purchase Costs Rise
The Ministry of Power (MoP) has notified Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, and asked states to allow distribution companies (DISCOMs) to pass on ...
South Africa Allocates 2.58 GW of Wind and Solar Projects in REIPPP Auction
South Africa has selected 25 wind and solar power projects to be developed by private developers under its renewable energy independent power producer procurement program (REIPPPP). The projects amount to ...
Gujarat Sets Tariff of ₹1.75/kWh for Surplus Wind Energy from Captive Projects
The Gujarat Electricity Regulatory Commission (GERC), in a recent order, approved the tariff of ₹1.75 (~$0.023)/kWh for the purchase of surplus power by distribution companies (DISCOMs) from wind power projects ...
Tariff of ₹3.01/KWh Wins 2.5 GW Round-the-Clock Renewables Bundled with Thermal Auction
Hindustan Thermal Projects, Greenko Energies, ReNew Samir Urja (SPV of ReNew Power), Power Mech Projects, and JSW New Energy were declared winners in the Solar Energy Corporation of India's (SECI) ...
Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu
The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, adopted a tariff of ₹2.28 (~$0.030)/kWh for the solar energy generated from 20,000 agricultural pumps under Component-C of the ...
Punjab Open Access Consumers to Pay Additional Surcharge of ₹1.16/kWh Until March 2022
The Punjab State Electricity Regulatory Commission (PSERC) has extended the validity of the additional surcharge of ₹1.16 (~$0.016)/kWh payable by open access consumers until September 30, 2021, to the second ...
Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park
The Gujarat Electricity Regulatory Commission (GERC), in a recent order, approved the tariff of ₹2.64 (~$0.035)/kWh to procure power from a 100 MW solar project (PhaseX-R) being developed by SJVN ...
Delayed Solar Projects Liable to Reduced Tariff and Payment of Liquidated Damages
The Karnataka Electricity Regulatory Commission (KERC) has directed Hubli Electricity Supply Company (HESCOM) to recover liquidated damages from three solar developers for the delay in commissioning the projects. The Commission ...
Haryana Sets Levelized Tariff of ₹2.58/kWh for a 20 MW Solar Project
The Haryana Electricity Regulatory Commission (HERC) has set a tariff of ₹2.58 (~$0.035)/kWh for 20 MW of LR Energy's solar project. The tariff was determined after examining the capital cost component ...
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh
The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
CERC Adopts Tariff of ₹2.63/kWh for a 300 MW Solar Project
The Central Electricity Regulatory Commission (CERC) adopted the tariff of ₹2.63 (~₹0.036)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for a 300 MW solar project as requested by NTPC in ...
Karnataka Rejects Wind Developer’s Plea for Revision of Tariff for an Old Project
The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that Swarna Properties, a wind developer, is entitled to a tariff of ₹3.40 (~$0.047)/kWh for the first ten years ...
Is the Tariff of ₹2.14/kWh Discovered in Neemuch 500 MW Solar Auction an Aberration?
There is a consensus among the stakeholders that the tariffs in the post safeguard duty era with the Approved List of Models and Manufacturers (ALMM) in effect will hover around ...
Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction
ReNew Power, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen), Adani Renewable Energy, and Azure Power were declared winners in Solar Energy Corporation of India’s (SECI) auction for 1,200 MW ...
Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender
Stakeholders in the solar industry believe that tariffs in upcoming solar auctions are likely to settle around ₹2.50 (~$0.034)/kWh, given the spike in module and commodity prices. Developers are bracing ...
Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka
The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar power projects (including rooftop solar projects) for FY 2022 and FY 2023. The Commission ...
