The Ministry of Power (MoP) recently introduced a uniform renewable energy tariff (URET) for renewable energy procurement. The implementing agency will compute a uniform renewable energy tariff, on a monthly basis, for each category of […]
The current generic rate of Rs 4.64 per kWh for 2023–2024 for solar projects assigned under the Mukhyamantri Saur Swarojgar Yojna (MSSY) programme has been extended by the Uttarakhand Electricity Regulatory Commission (UERC) for three […]
The Rajasthan Electricity Regulatory Commission (RERC) has given permission to Rajasthan Urja Vikas Nigam Limited (RUVNL) to clear its outstanding dues owed to renewable energy developers who supplied solar and wind energy to the discom […]
By Sarthak Takyar Policymakers have been proactive in introducing policies and regulations in the renewable energy space. They have been working extensively on all renewable energy segments to achieve the ambitious goals that have been […]
Round-the-clock (RTC) power, as the name suggests, literally means power supply that is available 24×7, throughout the year. In the case of renewables, resource intermittency is a critical drawback, preventing assured RTC power supply from […]
India’s rapidly growing renewable energy market is witnessing a major focus on diversification, as older independent power producers adjust their strategies to account for the challenges of supply disruptions, payment delays and policy upheavals. The […]
India’s utility-scale solar segment continues to show promising growth with sustained investor confidence and interest from large developers. A competitive bidding mechanism and timely government interventions have greatly helped in attracting private investments. Thus, the […]
The Punjab State Electricity Regulatory Commission (PSERC) has approved tariffs for offtake of 250 MW of solar energy from two projects. The commission approved the procurement of 100 MW of solar power from ReNew Dinkar […]
The Tamil Nadu Electricity Regulatory Commission (TNERC) has set a generic tariff of Rs 3.61 per kWh for grid-connected solar power projects for capacity ranging from 1kW to 10 kW. Similarly, a tariff of Rs […]
The Solar Energy Corporation of India (SECI) has awarded capacities to Hindustan Thermal Projects, Greenko Energies, ReNew Samir Urja, Power Mech Projects and JSW Neo Energy in its auction for supply of 2.5 GW of […]
The Odisha Energy Regulatory Commission (OERC) has given a go ahead to Grid Corporation of Odisha (GRIDCO) and NHPC Limited’s power purchase agreement (PPA) for 40 MW of solar power at Rs 2.75 per kWh. […]
The solar segment in India has gained significant momentum over the past two years, resulting in record capacity additions in 2016-17 and an optimistic outlook for 2017-18 as well. Investments have been flowing in as […]
India’s largest power generating utility, NTPC Limited has emerged as the leader in driving the country’s energy transition from coal to solar. As of June 2017, it had 845 MW of in-house commissioned solar capacity. […]
Given the significant role of discoms in the power sector, their finances have an impact on power producers as well, particularly in the renewable energy sector where project margins and returns on investment are largely […]
On the back of the revised wind power potential, India’s commitment at the Paris Conference of Parties (COP21) and the target to achieve 60 GW of installed capacity by 2022, the wind segment is poised […]
With the increase in the share of renewable energy in total generation arises the need to optimise generation and maintain grid reliability. One of the solutions for addressing the challenges of large-scale renewable integration and […]
Solar power tariffs hit a historic low of Rs 2.44 per unit in the 500 MW Bhadla Solar Park auction. This article analyses the viability of these tariffs and the future outlook for the solar […]
The year 2016-17 was marked by multiple changes aimed at reviving investor interest in the wind energy segment in India. While regulatory changes such as a reduction in accelerated depreciation (AD) benefits were brought in, […]
The 750 MW Rewa solar tender has marked a paradigm shift in the Indian solar power market by bringing solar tariffs to Rs 3.30 per kWh, about 25 per cent lower than the previous lowest […]
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