India

Indore Airport Seeks Solar Power To Cut CO2 Emission

Official said they have already implemented most of the necessary measures like installation of energy saving LED lights and a solar power plant for energy efficiency Indore airport, also known as Devi Ahilyabai Holkar Airport, may soon be recognized for its significant progress in managing carbon emissions by a global airport body. Airport authorities plan […]

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Second Attempt Yields Lower Tariffs in Gujarat Solar Auction

GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […]

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Vikram Solar Successfully Appraised by Black & Veatch

After a detailed review of the module design and bill of materials for module configurations, the Kansas based firm came to a positive conclusion that Vikram Solar modules successfully met the requirements of international standards in those respects.  Vikram Solar, one of India’s leading module manufacturers and prominent rooftop solar & EPC solutions provider, has […]

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Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […]

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CERC Finds Rs 3.60/kWh as the National Average Power Purchase Cost

The APPC shall be applicable during FY 2019-20 and until further orders for the purpose of deviation settlement in respect of the open access and captive wind and solar generators fulfilling the requirement of regional entities. The Central Electricity Regulatory Commission (CERC) has found the Average Power Purchase Cost (APPC) at the national level to […]

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NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan

The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […]

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Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani

Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital […]

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India to Exceed Climate Compliance Commitments Under Paris Agreement

A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […]

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India’s Solar Powered IPO’s. Why Success Will Matter

Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar  IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […]

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