SECI’s 1,785 MW Solar Auction Gets Lowest Tariff of ₹2.17kWh

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 ...
/ / Solar, Tenders & Auctions
CERC Approves Tariff of ₹2.41/kWh for 1,100 MW of Wind-Solar Hybrid Projects

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 ...
/ / Markets & Policy, Solar
CERC Approves Tariffs for 970 MW of Blended Solar Wind Projects

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 ...
/ / Markets & Policy, Solar
Tariff of ₹2.51kWh Approved for 250 MW of Solar Projects at Dondaicha Solar Park

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 ...
/ / Markets & Policy, Solar
Re-Examine Punjab's Bill on Renegotiating Renewable Energy Tariffs NSEFI

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 ...
/ / Other, Renewable Energy
Maharashtra DISCOM Gets Regulatory Approval to Procure 111 MW of Solar 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 ...
/ / Markets & Policy, Solar
Tamil Nadu Regulator Rejects Plea to Increase Tariff for Solar KUSUM Program

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 ...
/ / Markets & Policy, Solar
Kerala DISCOM Gets Regulatory Approval to Buy 300 MW of Solar Power from SECI

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) ...
/ / Markets & Policy, Solar
Haryana Sets Levelized Tariff of ₹2.86/kWh for a 50 MW Solar Project

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 ...
/ / Markets & Policy, Solar
Consumer Power Tariffs to be Hiked Automatically When DISCOM Power Purchase Costs Rise

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 ...
/ / Grid, Market & Policy
South Africa Allocates 2.58 GW of Wind and Solar Projects in REIPPP Auction

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 ...
/ / Solar, Tenders & Auctions
Gujarat Sets Tariff of ₹1.75/kWh for Surplus Wind Energy from Captive Projects

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 ...
/ / Markets & Policy, Solar
Lowest Tariff of ₹3.01/KWh Discovered in SECI's 2.5 GW Round-the-Clock Auction

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) ...
/ / Solar, Tenders & Auctions
Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu

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 ...
/ / Markets & Policy, Solar
Punjab Open Access Consumers to Pay Additional Surcharge of ₹1.16/kWh Until March 2022

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 ...
/ / Grid, Market & Policy
Tariff of ₹2.64/kWh Approved for 100 MW of Solar Projects at Raghanesda Solar Park

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 ...
/ / Markets & Policy, Solar
Delayed Solar Projects Liable to Reduced Tariff and Payment of Liquidated Damages

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 ...
/ / Markets & Policy, Solar
Haryana Sets Levelized Tariff of ₹2.58kWh for a 20 MW Solar Project

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 ...
/ / Markets & Policy, Solar
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

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 ...
/ / Mercom Research Focus, Other
CERC Adopts Tariff of ₹2.63kWh for a 300 MW Solar Project

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 ...
/ / Markets & Policy, Solar
Karnataka Rejects Wind Developer’s Plea for Revision of Tariff for an Old Project

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 ...
/ / Wind
Is the Tariff of ₹2.14kWh Discovered in Neemuch 500 MW Solar Auction an Aberration

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 ...
/ / Mercom Research Focus, Other
Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

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 ...
/ / Solar, Tenders & Auctions
Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender

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

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 ...
/ / Markets & Policy, Solar