UDAY

Indian State of Mizoram Joins UDAY Program

Mizoram is the 27th Indian State to join the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program which was implemented by the government of India to assist in the financial ...
/ / Grid, Utilities
UDAY

States of Meghalaya, Tripura, Arunachal Pradesh and Kerala Join India’s UDAY

Twenty-six Indian states and union territories have so far joined the Ujwal DISCOM Assurance Yojana (UDAY) program which was implemented by the government of India to assist the financial turn ...
/ / Grid, Utilities
Solar tender

Mercom Exclusive: Payment Delays are Increasing Risk and Project Costs for Solar and Wind Projects in Many States

Payment delays by distribution companies (DISCOMs) continue to pose a challenge for the growing renewable energy sector in India as it tries to achieve 175 GW of renewable installations by ...
Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

In the first nine months of India’s current financial year (FY) 2016-2017, the interest costs of states and union territory DISCOMs that have joined the Ujwal DISCOM (distribution company) Assurance ...
/ / Markets & Policy, Solar
Power DISCOM Ratings

Rs.2.07 Trillion (~$30.99 Billion) of DISCOM Debt Restructured Under India’s UDAY Program Says Mr. Piyush Goyal

A total of ~Rs.2.07 trillion (~$30.99 billion) DISCOM debt has been restructured under the Ujwal DISCOM Assurance Yojana (UDAY) program in India. UDAY is a government program designed to facilitate ...
/ / Grid, Utilities
Month in a Minute

Month in a Minute: February 2017

Important Headlines and Data Points from the Indian Renewable Sector in February 2017 The 2017-18 budget proved to be a dampener for the Indian renewable energy sector. Manufacturing sector did ...
/ / Other, Renewable Energy
ADB

Mercom Exclusive: One Year After Launch, UDAY Yet to Make a Big Impact

Dismal DISCOM (distribution company) credit profiles due to high debt, heavy losses and poor operational efficiencies affects every aspect of the Indian power sector and is directly responsible for large ...
/ / Mercom Research Focus, Other
UDAY Sikkim

Sikkim Becomes 22nd UDAY Signatory

Benefits of ~Rs.2.07 Billion ($0.03101 Billion) to be Realized by the State Sikkim has become the 21st Indian state to join the Ujwal DISCOM (distribution company) Assurance Yojana program. Sikkim ...
/ / Grid, Utilities
Solar Tender

Another TANGEDCO Tender Sees Tepid Response: Bids for 300 MW Received on a 500 MW Tender

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO), which had tendered 500 MW of solar to meet its renewable purchase obligation (RPO), has received technical bids to develop 300 MW ...
/ / Grid, Utilities
Policy Roundup

Policy Roundup: January 2017

Here is a renewable energy policy roundup from central, state and government agencies in India for the month of January 2017. Telangana and Assam Join UDAY Program The Indian states ...
/ / Markets & Policy, Solar
Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu has become the 21st state in India to join the Ujwal DISCOM Assurance Yojana (UDAY), a government program designed to facilitate financial turnaround of DISCOMs (distribution company). Tamil Nadu ...
/ / Grid, Utilities
TANGEDCO Tenders Another 500 MW of Solar to Fulfill RPO

TANGEDCO Tenders Another 500 MW of Solar to Fulfill RPO

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) tendered 500 MW (AC) of solar in a bid to fulfill its renewable purchase obligation (RPO). Interested solar developers have been requested ...
/ / Solar, Tenders & Auctions
Tamil Nadu to Become 21st UDAY Signatory

Breaking: Tamil Nadu to Become 21st UDAY Signatory

Tamil Nadu is finally expected to join Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program on Monday, according to sources. The state will become the 21st member state to join ...
/ / Grid, Utilities
UDAYTelangana Assam

Telangana and Assam Join UDAY Program

The Indian states of Telangana and Assam became the 19th and 20th signatory states of the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program, a government program designed to bring ...
/ / Grid, Utilities
Top Solar States

Top 10 Indian States Account for 90 Percent of Large-Scale Solar Installations and Pipeline

India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW as of December 2016, with the top 10 states accounting for approximately ...
/ / Solar, Utility Scale
Himachal Pradesh

Himachal Pradesh Becomes the 18th State to Join UDAY

Himachal Pradesh has joined the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY), becoming the 18th state to do so. The state is estimated to achieve a net benefit of ~Rs.8,230 ...
/ / Grid, Utilities
MNRE Targets 20 GW of Grid-Connected Renewable Energy Capacity Addition in FY 2017-18

MNRE Targets 20 GW of Grid-Connected Renewable Energy Capacity Addition in FY 2017-18

The Ministry of New and Renewable Energy (MNRE) has set a target of adding 20,450 MW of grid-connected renewable energy capacity in the financial year 2017-18. In a written reply ...
/ / Markets & Policy, Solar
UDAY Program Yet to Make a Positive Difference on the Power Sector

UDAY Program Yet to Make a Positive Difference on the Power Sector

The positive effects of the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) on the power sector are yet to be seen. Currently, 16 states and one union territory have joined ...
/ / Grid, Utilities
Maharashtra Becomes 17th State to Join UDAY

Maharashtra Becomes 17th State to Join UDAY

Maharashtra has joined the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY), becoming the 17th state to do so. The state is estimated to achieve a net benefit of Rs.97.25 billion ...
/ / Grid, Utilities
With Low Demand and Cheaper Power on Exchanges, DISCOMs Flouting Solar's ‘Must Run' Status

With Low Demand and Cheaper Power on Exchanges, DISCOMs Flouting Solar’s ‘Must Run’ Status

According to Mercom Capital Group’s latest report, India Solar Quarterly Market Update, the power deficit numbers in India do not paint the full picture. Though low power deficit and even ...
/ / Markets & Policy, Solar
Solar Installations in India for 2016

Mercom Capital Group Forecasts 3.6 GW of Solar Installations in India for 2016

Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar market. Mercom forecasts about 2,150 MW in solar installations for ...
/ / Solar, Utility Scale