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With formal approval, 20 GW of RE capacity on its way for green corridor

The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […]

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IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market

The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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Agrivoltaics Make Their Case For India

It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […]

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Cabinet Approves Intra-State Transmission System – Green Energy Corridor Phase-II

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations. The scheme will facilitate grid […]

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IEX December Updates- Drop in Green Market, REC Volumes

The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […]

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Electronics and Power Major Microtek Takes Aim At Solar Segment Now

Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […]

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SJVN Awards EPC of 75 MW Solar Project to Solarworld Energy Solutions

PSU energy firm SJVN, a joint venture of the state government of Himachal Pradesh and the Central Government, has entered into Contract Agreement for development of 75 MW (AC) Solar Power Project at Parasan Solar Park, Uttar Pradesh on Engineering, Procurement and Construction (EPC) basis with subsequent O&M for three years with M/s Solarworld Energy […]

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