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Greenrays Kicks Off 200kwp Solar Rooftop Plant with Net-Metering at Navi Mumbai

Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Mumbai based Greenrays Enersol has successfully commissioned 200 kWp roof top solar plant for a High tension (HT) customer at Navi Mumbai. Moreover, the plant also received net-metering sanction from Maharashtra State Electricity Distribution Company (MSEDCL) […]

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Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit

Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […]

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Viz-A-Viz with John Martin Thomas, MD, Talesun Solar, Switzerland AG

Q. Can you please introduce John Martin for us? I am an Overseas Citizen of India (OCI) and did my studies in Switzerland, settled in Italy in Milan. I am the Chairman of the save Indian Royal Heritage that is the (Trust of 560 royal families) for saving our royal heritage viz palaces and forts […]

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MNRE Extends Commissioning Date of GST Affected Solar Projects

The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […]

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Duty Concerns, ISTS Issues May Delay Solar Auctions

NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […]

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Viz-A-Viz with Dinesh Chadha, CEO – Electro Control Systems

Q. Please tell our readers more about ECS, its products & services. ECS was founded in 1989 and has grown into a multi dimensional organisation. ECS was initially into manufacturing of Electrical power and control/automation panels for various industries such as Paper, cement, utilities, material handling, oil and gas and exports, among others. With the […]

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SB Energy Wins 200 MW Auction in Karnataka

The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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Power Regulator CERC Boosts Merchant Renewable Energy Plants

The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […]

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