Oil & gas players set to carve a bigger role
24 May 2020 | BRIDGE TO INDIA
Shell, a global oil & gas major, recently announced accelerated goals in a mission to become zero energy business. The company is seeking to completely eliminate all emissions from its manufacturing business by 2050 and also wants to reduce emissions for all energy products sold by...
Oil & gas players set to carve a bigger role
24 May 2020 | BRIDGE TO INDIA
Shell, a global oil & gas major, recently announced accelerated goals in a mission to become zero energy business. The company is seeking to completely eliminate all emissions from its manufacturing business by 2050 and also wants to reduce emissions for all energy products sold by...
RTC auction a small step towards firm renewable power
15 May 2020 | BRIDGE TO INDIA
SECI completed auction for its 400 MW round-the-clock (RTC) tender last week. Entire capacity has been awarded to ReNew Power at a tariff of INR 2.90/ kWh. Other bidders included Greenko (400 MW, INR 2.91/ kWh) and HES Infra (100, 3.91). Ayana had also submitted...
RTC auction a small step towards firm renewable power
15 May 2020 | BRIDGE TO INDIA
SECI completed auction for its 400 MW round-the-clock (RTC) tender last week. Entire capacity has been awarded to ReNew Power at a tariff of INR 2.90/ kWh. Other bidders included Greenko (400 MW, INR 2.91/ kWh) and HES Infra (100, 3.91). Ayana had also submitted...
Project progress grinding down
08 May 2020 | BRIDGE TO INDIA
India added total utility scale solar and wind capacity of 715 and 328 MW respectively in the quarter ending March. These are meagre returns; the combined total represents the weakest quarterly progress on capacity addition in the last two years. For the financial year 2019-20, total utility scale capacity addition was 7,408 MW, 34% below the high of two years…
Project progress grinding down
08 May 2020 | BRIDGE TO INDIA
India added total utility scale solar and wind capacity of 715 and 328 MW respectively in the quarter ending March. These are meagre returns; the combined total represents the weakest quarterly progress on capacity addition in the last two years. For the financial year 2019-20, total utility scale capacity addition was 7,408 MW, 34% below the high of two years…
Draft Electricity Act amendments a lame affair
30 April 2020 | BRIDGE TO INDIA
The Ministry of Power has issued another set of draft amendments to The Electricity Act, 2003. It is the third attempt to amend the Act in as many years. The latest set of amendments focuses mainly on improving DISCOM financial position and reducing offtake risk for power generators. However, it is more limited in scope in comparison to previous drafts...
Draft Electricity Act amendments a lame affair
30 April 2020 | BRIDGE TO INDIA
The Ministry of Power has issued another set of draft amendments to The Electricity Act, 2003. It is the third attempt to amend the Act in as many years. The latest set of amendments focuses mainly on improving DISCOM financial position and reducing offtake risk for power generators. However, it is more limited in scope in comparison to previous drafts...
Recent reports
India Renewables Outlook 2024
India has announced ambitious renewable targets but progress is lagging significantly. There is a disconnect between government targets and various operational, financial and regul...
Buy Report Download Executive Summary
India Solar Rooftop Market Analytics
This report presents trends and observations from over 16,000 rooftop solar installations with an aggregate capacity of 2,265 MW in our database. It provides detailed insights into...
Buy Report Download Executive Summary
Forecasting and Scheduling Regulations
India’s central electricity regulator, the Central Electricity Regulatory Commission (CERC), issued an amendment to the Deviation Settlement Mechanism (DSM) regulations in 2015 t...
Buy Report Download Executive SummaryGovernment financial institutions becoming lenders of last resort
22 April 2020 | BRIDGE TO INDIA
The Ministry of Power is supposedly working on a plan to use central government-owned financial institutions (FIs) including Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to fund DISCOMs in wake of the Coronavirus disruption. As per news reports, funds would be provided to DISCOMs at concessional cost specifically for clearing dues to…
Government financial institutions becoming lenders of last resort
22 April 2020 | BRIDGE TO INDIA
The Ministry of Power is supposedly working on a plan to use central government-owned financial institutions (FIs) including Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to fund DISCOMs in wake of the Coronavirus disruption. As per news reports, funds would be provided to DISCOMs at concessional cost specifically for clearing dues to…
Webinar: impact of COVID-19 on the Indian renewable sector
20 April 2020 | Sai Nandamuri
BRIDGE TO INDIA hosted a webinar on 30 March 2020 to discuss impact of COVID-19 on the renewable sector in India. Speakers from a cross-section of players from the industry discussed impact on equipment supply chain and projects under construction (an estimated 10 GW where on-site activity is currently under progress) as well as operations (about 75 GW of wind…
Webinar: impact of COVID-19 on the Indian renewable sector
20 April 2020 | Sai Nandamuri
BRIDGE TO INDIA hosted a webinar on 30 March 2020 to discuss impact of COVID-19 on the renewable sector in India. Speakers from a cross-section of players from the industry discussed impact on equipment supply chain and projects under construction (an estimated 10 GW where on-site activity is currently under progress) as well as operations (about 75 GW of wind…
Maharashtra offers relief to rooftop solar
15 April 2020 | BRIDGE TO INDIA
The Maharashtra regulator, Maharashtra Electricity Regulatory Commission (MERC), has made a series of positive announcements for rooftop solar market in the state. It has accepted demand from MSEDCL, a state government owned company and the largest DISCOM in the state, to levy grid usage charges on all new installations over 10 kW capacity but only once total installed capacity in…
Maharashtra offers relief to rooftop solar
15 April 2020 | BRIDGE TO INDIA
The Maharashtra regulator, Maharashtra Electricity Regulatory Commission (MERC), has made a series of positive announcements for rooftop solar market in the state. It has accepted demand from MSEDCL, a state government owned company and the largest DISCOM in the state, to levy grid usage charges on all new installations over 10 kW capacity but only once total installed capacity in…
Bankrupt DISCOMs plus Covid-19 a disastrous mix
08 April 2020 | BRIDGE TO INDIA
Coronavirus lockdown and consequent slowdown in power demand are striking at the core of the power sector in India. A cascading series of litigation and payment defaults by end consumers, DISCOMs and power producers seems underway. To make matters worse, there is pressure on the DISCOMs to reduce tariffs and/ or offer payment concessions to consumers. In an unprecedented move,…
Bankrupt DISCOMs plus Covid-19 a disastrous mix
08 April 2020 | BRIDGE TO INDIA
Coronavirus lockdown and consequent slowdown in power demand are striking at the core of the power sector in India. A cascading series of litigation and payment defaults by end consumers, DISCOMs and power producers seems underway. To make matters worse, there is pressure on the DISCOMs to reduce tariffs and/ or offer payment concessions to consumers. In an unprecedented move,…
Coronavirus damage impossible to assess
31 March 2020 | BRIDGE TO INDIA
India has been in a near complete lockdown since 22 March 2020. The current three week lockdown is due to last until 14 April 2020. All commercial and social activity including all international and domestic travel has been completely banned. Only essential services including healthcare, food and critical infrastructure – telecom, power, security and banking – are exempted...
Coronavirus damage impossible to assess
31 March 2020 | BRIDGE TO INDIA
India has been in a near complete lockdown since 22 March 2020. The current three week lockdown is due to last until 14 April 2020. All commercial and social activity including all international and domestic travel has been completely banned. Only essential services including healthcare, food and critical infrastructure – telecom, power, security and banking – are exempted...
Management of cooling load favourable to renewables
20 March 2020 | Mridul Chadha
Indian government’s nodal agency for energy demand management programmes, Energy Efficiency Services Limited (EESL), recently named cooling as a focus area for reducing power demand over the next 20 years.
Management of cooling load favourable to renewables
20 March 2020 | Mridul Chadha
Indian government’s nodal agency for energy demand management programmes, Energy Efficiency Services Limited (EESL), recently named cooling as a focus area for reducing power demand over the next 20 years.
Waiving bank guarantees not desirable
20 March 2020 | BRIDGE TO INDIA
MNRE is understood to be in advanced stages of waiving requirements for bank guarantees by project bidders. As per a news report, MNRE is proposing that instead of bank guarantees, the developers may provide letters of comfort from one of the three government owned financial institutions – Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development…
Waiving bank guarantees not desirable
20 March 2020 | BRIDGE TO INDIA
MNRE is understood to be in advanced stages of waiving requirements for bank guarantees by project bidders. As per a news report, MNRE is proposing that instead of bank guarantees, the developers may provide letters of comfort from one of the three government owned financial institutions – Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development…
Safeguard duty redux
16 March 2020 | BRIDGE TO INDIA
The Directorate General of Trade Remedies, under the Ministry of Commerce & Industry, has opened a fresh investigation into solar cell and module imports. The investigation follows an application for extension of safeguard duty by Adani and Jupiter Solar, a local cell manufacturer. Their application seeks continuation of duty for four more years after the current duty expires in July…
Safeguard duty redux
16 March 2020 | BRIDGE TO INDIA
The Directorate General of Trade Remedies, under the Ministry of Commerce & Industry, has opened a fresh investigation into solar cell and module imports. The investigation follows an application for extension of safeguard duty by Adani and Jupiter Solar, a local cell manufacturer. Their application seeks continuation of duty for four more years after the current duty expires in July…
