Solar Wind

PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push

The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit

In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […]

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SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh

SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […]

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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Gujarat Government to announce Solar-Wind Hybrid Policy 2017

Considering the advantages of integrated solar and wind power projects, the state government of Gujarat has decided to announce a new policy for such hybrid plants. It will be called Solar-Wind Hybrid Policy 2017. The government intends to invite suggestions from interested companies and other stakeholders for the proposed policy within a month. “The decision […]

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