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Duty of Distribution Companies to Clear Gencos Dues: Suresh Prabhu

Former energy minister Suresh Prabhu has said it is the sacrosanct duty of the Distribution Companies to clear dues owed to the Gencos It was a pleasure to speak at the “Re-energising India after Pandemic” #webinar organised by @CEEWIndia where I discussed about global challenges in #energy sector,as we enter very uncertain global scenario. — Suresh Prabhu (@sureshpprabhu) […]

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Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […]

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MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra

Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […]

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India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI

India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […]

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MNRE Urges SERCs to Allow Online Petition Listing, Start Hearing via Video Conferencing

In order to provide support to the renewable sector in regularizing the matters at SERCs and to safeguard the ongoing investment in the country, the Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to consider allowing filing and listing of petitions online and hear urgent matters through […]

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The Power Minister and Power Honchos In Virtual Open House. Report

At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […]

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2020-When Energy Storage Got Serious in India

The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale,  is no longer a possibility that […]

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The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down?

It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […]

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