MNRE Postpones Commissioning of 7,750 MW Grid-Connected VGF Solar Projects Updated On Sat, Sep 1st, 2018 by Saurenergy MNRE does not hold the developers responsible for the delay in the commissioning of solar PV projects but the supervisory authorities. Ministry of New and Renewable Energy (MNRE) has in a row extended the commissioning deadlines of 7,750 MW grid-connected solar PV power projects under different batches of viability gap funding (VGF) planned under 2nd […] Read more
Govt. Extends Deadline for Completion of Solar Power Projects Updated On Wed, Jun 20th, 2018 by Saurenergy Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy 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. […] Read more
NTPC Defers 2,000 MW Solar Projects Auction Updated On Sat, May 19th, 2018 by Saurenergy The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
Upward trend in imported PV module prices to affect recent solar projects: ICRA Updated On Thu, Sep 7th, 2017 by Saurenergy The imported photovoltaic (PV) module price has been rising over the last 3-4 months, up by about 15 per cent, to 35-37 cents per watt in August, from about 30-32 cents in May The upward trend in imported photovoltaic module prices is likely to affect viability of recently awarded solar projects, rating agency ICRA said […] Read more
National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant Updated On Tue, Jul 25th, 2017 by Saurenergy UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […] Read more
