Solar sector needs robust quality standards

Surbhi Singhvi | 23 October 2018

A recent report by PI Berlin, supported by MNRE, NISE, SECI and KFW, has highlighted major risks facing Indian PV projects – sub-optimal design, inadequate EPC contracts, poor installation and lack of proper maintenance. The study confirms longstanding concerns…

NTPC jumps into the bidding arena

BRIDGE TO INDIA | 22 October 2018

Uttar Pradesh conducted auction for its 500 MW utility scale solar tender on 10 October 2018. Winning tariffs came at between INR 3.17-3.23/ kWh (USD cents 4.4). Capacity was won by NTPC (160 MW), Adani (100 MW), Sukhbir Agro, Eden, Solar Arise…

One more extension for the 10 GW integrated solar tender

BRIDGE TO INDIA | 15 October 2018

SECI has again extended bid submission date for the 10 GW integrated project development and module manufacturing tender. Revised date is 12 November, 2018. This is the fifth such extension after another round of poor response from the industry. We understand that many developers…

GST problems refuse to go away

BRIDGE TO INDIA | 08 October 2018

Central Electricity Regulatory Commission (CERC) has issued its final decision in response to appeals filed by Adani and Azure against NTPC and SECI respectively for ‘change in law’ compensation claims arising from GST implementation. It has opined that implementation…

Renewable energy – going through a period of peaks and troughs

Arti Mishra Saran | 03 October 2018

Total utility- scale solar and wind installed capacity reached 58 GW on September 30, 2018. Solar and wind capacity individually stood at 24 GW and 34 GW respectively. Last 12 months were notable for exponential surge in tender announcement. 46 GW of solar and wind tenders were announced in between…

Spot price spike unlikely to have any impact on solar power

BRIDGE TO INDIA | 01 October 2018

Spot prices for power on the energy exchange in India touched an all-time high of INR 17.61/ kWh (USD cents 24) last week. Average daily price on October 1, 2018 shot up to INR 7.64 (USD cents 11), about 150% higher than average…

Tamil Nadu issues a ‘feel good’ draft solar policy

SAI NANDAMURI | 27 September 2018

Tamil Nadu Energy Development Authority (TEDA) has released a draft solar policy for comments. The draft policy envisions a total installed capacity of 8,884 MW by 2022; 40% (3,553 MW) of this capacity is expected to be added by rooftop solar systems. Key proposed provisions in the policy…

International strategic investors hedging their bets in India

BRIDGE TO INDIA | 24 September 2018

Hongkong’s CLP Group has agreed to sell 40% equity stake in its Indian subsidiary, CLP India, to CDPQ, a Canadian pension fund. Meanwhile, Engie has also offered a 50% equity stake to STOA, a French institutional investor, in its wind business in India. These are just two recent…

Power sector reform still a distant dream

BRIDGE TO INDIA | 21 September 2018

The Ministry of Power has proposed a number of progressive ideas for the electricity sector in the form of draft amendments to the National Electricity Act and National Tariff Policy. Proposed amendments include obligating DISCOMs to supply 24X7 power, a new penalty mechanism…

Haryana’s OA solar market set to take-off

SANGEETHA SURESH | 17 September 2018

Haryana Electricity Regulatory Commission (HERC) has recently issued regulations that  exempt solar power plants from transmission/wheeling charges, CSS and additional surcharge for 10 years from date of commissioning. The waivers are…

Unremitting price focus a major challenge for the Indian solar sector

BRIDGE TO INDIA | 10 September 2018

MNRE recently advised SECI to revise ceiling tariff downwards in new utility scale solar tenders to INR 2.68 (2.50 without any safeguard duty), a reduction of over 8% on the prevailing level of INR 2.93. The recent 10,000 MW integrated manufacturing tender also…

Government no closer to unlocking the manufacturing puzzle

BRIDGE TO INDIA | 03 September 2018

SECI has made several amendments to its RFS for the integrated project development and module manufacturing tender. The big change is reduction in manufacturing capacity from 5 GW to 3 GW. MNRE received strong representations from the private sector…

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