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Amplus Achieves First Successful Solar Trade on GTAM

On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM.  IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […]

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HERC Proposes Reverse Auction for Transmission Projects

HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […]

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Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA

ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […]

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The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary

In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […]

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RBI Governor Hints at Power Sector Reforms

For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […]

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SECI Extends Timelines for Implementation of 97.5 MW Rooftop Solar Scheme

SECI has extended the timelines for the implementation of the 97.5 MW rooftop solar PV systems scheme for government buildings in different zones of India. The Solar Energy Corporation of India (SECI) has extended the timelines for the implementation of the 97.5 MW grid-connected rooftop solar PV systems scheme for government buildings in different zones […]

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Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode

MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […]

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Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit

A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […]

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