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DISCOM

Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy

GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […]

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MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power

Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […]

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Piyush Goyal launches Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App

UDAY portal/app would track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Wednesday launched Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App. The UDAY portal/app would track and monitor the progress of DISCOMs on operational and […]

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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital

Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […]

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MNRE complains CERC against solar power shut off by Discoms

The Ministry of New & Renewable Energy has lodge a complaint against discoms to the Central Electricity Regulatory Commission (CERC) stating that some discoms are not fully evacuating the solar power available to them, resulting in losses for solar developers. Discoms have been arbitrarily shutting off power from solar projects, for varying lengths of time, […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader

India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […]

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