China and India Poised to Lead Asia in Harnessing Wind by 2050: IRENA Report
The International Renewable Energy Agency (IRENA) has released its latest Global Energy Transformation Report, which explores global energy development scenarios up to the year 2050. The report states that Asia ...
Adani Commissions a 50 MW Wind Project
Adani Green Energy (MP) Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 50 MW wind project having a power purchase agreement (PPA) with Solar Energy ...
SECI Revises Tariff Ceiling for its 1,200 MW Wind Tender to ₹2.93/kWh
Solar Energy Corporation of India (SECI) has issued an amendment revising the tariff ceiling for a 1,200 MW wind tender that it had floated last month. In September 2019, SECI ...
UPSLDC Receives Notice for Scheduling Power From 439 MW of Unapproved Wind Projects
The Uttar Pradesh Power Corporation Limited (UPPCL) was recently reprimanded by the state’s electricity commission (UPERC) for a delay in filing its petition to adopt a tariff for 439 MW ...
India’s DISCOM Ratings Show Signs of Improvement on Paper
The Ministry of Power (MoP) recently released its seventh annual integrated ratings for the state distribution companies (DISCOMs). The Investment Information and Credit Rating Agency (ICRA) and Credit Analysis and ...
UPPCL Reprimanded for Delay in Getting Approvals for 439 MW of Wind Projects
The Uttar Pradesh Energy Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation (UPPCL) to explain the delay in obtaining approvals for buying and scheduling of power from 439.9 ...
MNRE Issues Blueprint for Dispute Resolution Committee for Solar & Wind Projects
The Indian solar market has grown from a 3 GW installed capacity in 2014 to 35 GW in 2019. With the rapid expansion of solar and wind sectors, the disputes involving the ...
Solar Industry Stakeholders Want Stable Policy Environment to Tide Over Turbulent Times
A consistent and stable policy environment is the need of the hour to stabilize and nurture the solar industry back to health was the consensus arrived at the panel discussion ...
NTPC to Enlist Vendors for Topographical Survey for Renewable Projects
The National Thermal Power Corporation (NTPC) has invited bids to enlist vendors for conducting topographical surveys for renewable energy projects. The surveys would be conducted on plain land, desert, or ...
SECI Issues Tender for 1,200 MW of ISTS Connected Wind Projects
The Solar Energy Corporation of India (SECI) has invited bids from wind power generators to develop 1,200 MW of interstate transmission system connected wind power projects under Tranche-IX of the ...
Now, Andhra Pradesh Decides to Withdraw Connectivity of 98 MW of Wind Projects
In a letter to its chief engineer, the Transmission Corporation of Andhra Pradesh (APTRANSCO) has instructed the removal of “irregular connections and loads” from wind energy projects. According to APTRANSCO, ...
JERC Sets Generic Tariffs for Solar and Other Renewable Projects for 2019-20 in Goa
The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued an order for generic tariff applicable to the renewable projects for the financial year ...
Maharashtra DISCOM Issues Tender for 80 MW of Wind-Solar Hybrid Power Projects
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for the procurement of hybrid renewable power to meet its renewable purchase obligation (RPO). The tender also aims ...
Rajasthan to Not Accept New Applications for Registration of Wind Projects under REC
The Rajasthan Renewable Energy Corporation (RREC) has issued a draft version of its policy on wind and wind-solar hybrid projects. The policy aims to establish Rajasthan as a leader for ...
Maharashtra to Procure 500 MW of Wind Energy with a Tariff Cap of ₹2.95/kWh
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to procure 500 MW of wind power through a competitive bidding process. The distribution company intends to meet ...
NTPC Issues Tender for 1,200 MW of Wind Projects with a Tariff Ceiling of ₹2.85/kWh
The National Thermal Power Corporation (NTPC) has invited bids to select developers for 1,200 MW of wind energy projects in India. The projects, which will be connected to the interstate ...
Suzlon Group’s Net Loss was ₹3.37 Billion in the First Quarter of FY 2020
Suzlon Group, a renewable energy solutions provider, headquartered in Pune, has announced its financial results for the first quarter (Q1) of the fiscal year 2019-20 (FY20). The revenue of the ...
Punjab Issues Tender for Short Term Procurement of Solar & Non-Solar Power
Punjab State Power Corporation Limited (PSPCL) has issued a tender for the short-term power purchase of 185 MW or 405 million units (MUs) from renewable energy projects (non-solar) to meet ...
EBRD, IFC, and OPIC Provide $252 Million for a 250 MW Wind Project in Gulf of Suez
The European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Overseas Private Investment Corporation (OPIC), are jointly investing $252 million (~₹17.96 billion) for a new ...
DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power
In a bold move, RK Singh, Union Minister of State for Power and New & Renewable Energy has announced the approval of a proposal to make it mandatory for distribution ...
Harsh Penalties for Deviation Settlement is Playing Havoc with Solar, Wind Projects
India is one of the leading markets for renewable energy generation in the world. It was the third largest solar photovoltaic (PV) market in the first quarter of 2019 behind ...
Court Upholds Deviation Settlement Mechanism Order Passed by Rajasthan Commission
Recently, a petition filed by the Indian Wind Power Association (IWPA) had challenged the validity of the deviation settlement mechanism (DSM) regulations passed by the Rajasthan Electricity Regulatory Commission (RERC) ...
Suzlon Reduces its Net Loss by ₹1.75 Billion in Q4 of FY 2019
Wind turbine supplier and renewable energy developer Suzlon Energy Limited has announced its quarterly and annual results for the financial year (FY) 2019. The company reported that its consolidated net ...
India the Lowest Cost Producer of Solar Power: IRENA
According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
Siemens Gamesa Announces Order Booking of $12.25 Billion
Renewable energy developer and wind turbine manufacturer, Siemens Gamesa, has announced its financial results for the first half (October-March) and the second quarter (January-March) of fiscal year (FY) 2019. The ...
