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maharashtra

PM-KUSUM – The Solar Saviour?

The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […]

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“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

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NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects

NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […]

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India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […]

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Restrictive Banking Provisions aren’t Helping Renewable Adoption in India

After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […]

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MSEDCL Continues To Write the Rulebook On Killing Solar Rooftop

The Maharashtra State Energy Distribution Company Limited continues to find new ways to rile up solar stakeholders. Their latest effort, or ‘non effort’ relates to the piffling demand for central solar subsidy worth Rs 3 crores, for just 25 MW, when the potential in the state according to most experts is easily over 1000 MW. […]

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Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind

In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […]

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“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms

The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […]

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