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 powe...

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 ...

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....

BRIDGE TO INDIA | 27 August 2018

702 MW of new utility scale solar power generation capacity was commissioned in Q2 2018 taking total installed capacity to 24,941 MW on June 30, 2018. Capacity addition was 11% below our estimate and 60% below the scheduled commissioning target. It w...

BRIDGE TO INDIA | 20 August 2018

In December last year, SECI announced an EOI for 10 GW of floating solar projects, which was later adopted into the government’s revised 227 GW RE target for March 2022. Several large floating solar projects have been announced subsequently over th...

BRIDGE TO INDIA | 13 August 2018

Maharashtra State Electricity Distribution Company (MSEDCL), Maharashtra’s largest DISCOM, has proposed a series of measures to counter growth of rooftop solar in its latest petition to the state regulator. The proposed measures include: i) shif...

BRIDGE TO INDIA | 06 August 2018

SECI has cancelled 2,400 MW of the 3,000 MW solar tender for which an auction was completed about three weeks ago. Capacity was won by Acme (600 MW, INR 2.44/ kWh), Azure (300 MW, 2.64), Canadian Solar (200 MW, INR 2.70), Adani (300 MW, INR 2.71), Re...

BRIDGE TO INDIA | 30 July 2018

BRIDGE TO INDIA has released the latest edition of its India Solar Rooftop Map report. As per the report, India added new rooftop solar capacity of 1,142 MW in the financial year 2017-18, up 68% over previous year. Total installed capacity is estimat...

BRIDGE TO INDIA | 23 July 2018

Indian government appears to be working on a new scheme to support domestic manufacturing. The scheme involves procuring 12 GW of new project capacity using domestically manufactured modules over next four years. Power from these projects will be ...

BRIDGE TO INDIA | 16 July 2018

SECI completed auction for its 3,000 MW solar tender last week. Capacity was won by 6 developers – Acme (600 MW, tariff INR 2.44/ kWh), Azure (300 MW, 2.64), Canadian Solar (200, 2.70), Adani (300, 2.71), ReNew (500, 2.71) and Softbank (1,100 MW(1,...

BRIDGE TO INDIA | 25 June 2018

There have been some bold announcements coming out of MNRE in the last few weeks. It has claimed that India aims to achieve total RE capacity (excluding large hydro) of 227 GW by March 2022. It has also announced that the government plans to launch...

BRIDGE TO INDIA | 18 June 2018

Deadline for project completion under SECI’s 1,000 MW rooftop solar tender for installation on public sector sites is coming up at the end of June 2018. The tender was issued back in December 2016. Because of various problems in the tendering proce...