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MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra

Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […]

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Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand

UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […]

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SECI Discovers Rs 2.90/kWh Tariff in 400 MW Round-The-Clock RE Tender; ReNew Power Emerges as Winner

State-owned Solar Energy Corporation of India (SECI) has discovered a tariff of Rs 2.90/kWh in its tender for Round-The-Clock’ (RTC) supply of 400 MW renewable energy (RE) power to NDMC, New Delhi, and Dadra & Nagar Haveli. ReNew Power has emerged as the winner under this tariff-based competitive bidding (RTC-I) and won complete 400 MW of […]

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CERC Issues Draft Regulations for Determination of RE Tariff

CERC has released the draft of its 2020 regulations for tariff determination from renewable energy (RE) sources, with comments invited until May 28, 2020. The Central Electricity Regulatory Commission (CERC) has released the draft of its 2020 regulations for the “Terms and Conditions for Tariff determination from Renewable Energy Sources.” The national power sector regulator has […]

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MNRE Cuts Tariff Ceiling by 70 Paise under CPSU Ph-II Solar Scheme

The Ministry of New and Renewable Energy (MNRE) has reduced the tariff ceiling by 70 paise to Rs 2.8 per unit from Rs 3.5 per unit earlier under the phase-II of the Central Public Sector Undertaking (CPSU) programme for developing 12 GW of capacity solar projects. Also, the government has increased the time period for the implementation […]

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New Era of Generic Renewable Energy Tariffs in Maharashtra Starts

Generic Renewable Energy Tariffs, which, until now declared by the respective state regulatory commissions have just entered into a new era of market determined mechanism, starting with Maharashtra. In its Generic Renewable Energy Tariff order for FY 2020-21 under MERC (Renewable Energy Tariff) Regulations, 2019 act, MERC (Maharashtra Electricity Regulatory Commission) has declared that projects […]

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Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece

The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […]

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Should Safeguard Duty Expiry in July be Replaced with Fresh Tariffs on Solar Imports from China and Malaysia?

Safeguard duty, which was implemented by the government in July 2018 with an aim to protect the domestic solar manufacturing, is going to be wrapped up in July this year. In-line with this, the Directorate General of Trade Remedies (DGTR) has already initiated a review investigation for considering continuance of safeguard duty on solar cells […]

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CERC Approves Tariff of Rs 2.79/kWh for 480 MW Wind Power

CERC has approved the petition filed by SECI for the adoption of tariff for 480 MW wind power projects (Tranche-VII) through a competitive bidding process. The Central Electricity Regulatory Commission (CERC) has in its latest order approved the petition filed by the Solar Energy Corporation of India (SECI) for the adoption of tariff for 480 […]

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