Blogs


India Renewable Power Tenders and Policies Update – October 2021
30 November 2021 |

This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in October 2021.

India Renewable Power Tenders and Policies Update – October 2021
30 November 2021 |

This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in October 2021.


REC scheme due for an overhaul   
29 November 2021 |

Trading of Renewable Energy Certificates (REC) resumed on 24 November 2021 after a suspension lasting over 16 months due to a legal tussle over regulated prices. The first trading session saw an enthusiastic response on the back of huge pent-up demand with over 3.5 million RECs traded, out of total accumulated inventory of...

REC scheme due for an overhaul   
29 November 2021 |

Trading of Renewable Energy Certificates (REC) resumed on 24 November 2021 after a suspension lasting over 16 months due to a legal tussle over regulated prices. The first trading session saw an enthusiastic response on the back of huge pent-up demand with over 3.5 million RECs traded, out of total accumulated inventory of...


COP26: Vague promises, missed opportunity   
22 November 2021 |

COP26 concluded on 13 November, 2021 with bitter disappointment. The conference was expected to provide a firm roadmap for cutting carbon emissions after the tentative goals agreed in Paris in 2015. But there were no binding commitments on emissions...

COP26: Vague promises, missed opportunity   
22 November 2021 |

COP26 concluded on 13 November, 2021 with bitter disappointment. The conference was expected to provide a firm roadmap for cutting carbon emissions after the tentative goals agreed in Paris in 2015. But there were no binding commitments on emissions...


First battery storage tender needs to be restructured   
15 November 2021 |

SECI has issued a first of its kind standalone battery storage tender for 500 MW/ 1,000 MWh capacity. Tendered capacity is split into two projects of 250 MW/ 500 MWh capacity each to be set up in Rajasthan near Fatehgarh inter-state transmission substation...

First battery storage tender needs to be restructured   
15 November 2021 |

SECI has issued a first of its kind standalone battery storage tender for 500 MW/ 1,000 MWh capacity. Tendered capacity is split into two projects of 250 MW/ 500 MWh capacity each to be set up in Rajasthan near Fatehgarh inter-state transmission substation...


Surprise bidders in the solar module PLI scheme   
08 November 2021 |

Last week, IREDA opened bids received under Production-Linked Incentive (PLI) scheme for solar module manufacturing. Jindal (bid capacity 4 GW, PLI bid of INR 13.9 billion), Shirdi Sai (4 GW, INR 18.8 billion), Reliance (4 GW, INR 19.2 billion) and Adani (4 GW, INR 36 billion) are the top bidders based on their technical score – computed using assigned...

Surprise bidders in the solar module PLI scheme   
08 November 2021 |

Last week, IREDA opened bids received under Production-Linked Incentive (PLI) scheme for solar module manufacturing. Jindal (bid capacity 4 GW, PLI bid of INR 13.9 billion), Shirdi Sai (4 GW, INR 18.8 billion), Reliance (4 GW, INR 19.2 billion) and Adani (4 GW, INR 36 billion) are the top bidders based on their technical score – computed using assigned...

Award winnig research
RTC auction rendered pointless   
31 October 2021 |

Last week, SECI concluded auction for procuring 2.5 GW round-the-clock (RTC) power. The tender mandates that at least 51% of power shall be supplied by a combination of solar and wind sources including storage while the balance may come from any one non-renewable source....

RTC auction rendered pointless   
31 October 2021 |

Last week, SECI concluded auction for procuring 2.5 GW round-the-clock (RTC) power. The tender mandates that at least 51% of power shall be supplied by a combination of solar and wind sources including storage while the balance may come from any one non-renewable source....


Reliance sets the pace in clean energy   
25 October 2021 |

Following up on its mega announcement in June, Reliance Industries (Reliance) has completed a series of acquisitions and investments heralding its entry in the clean energy sector. The company has: a) acquired 100% stake in Norway-headquartered solar panel manufacturer REC for an enterprise value of...

Reliance sets the pace in clean energy   
25 October 2021 |

Following up on its mega announcement in June, Reliance Industries (Reliance) has completed a series of acquisitions and investments heralding its entry in the clean energy sector. The company has: a) acquired 100% stake in Norway-headquartered solar panel manufacturer REC for an enterprise value of...


Power sector needs to brace for turbulent times   
17 October 2021 |

India is reeling from a power crisis, which no one saw coming even as recently as two weeks ago. A mix of various factors including jump in demand following post-COVID economic recovery, depressed renewable power output, fall in domestic coal production and spike in international...

Power sector needs to brace for turbulent times   
17 October 2021 |

India is reeling from a power crisis, which no one saw coming even as recently as two weeks ago. A mix of various factors including jump in demand following post-COVID economic recovery, depressed renewable power output, fall in domestic coal production and spike in international...


“Perfect storm” highlights fragility of global economic order   
08 October 2021 |

It has been described as the perfect storm. A mix of global economic rebound after COVID demand slump and trade disruptions has sent energy prices skyrocketing. International prices for coal (USD 150/ tonne), natural gas (USD 5.7/ MMBTU) and crude oil...

“Perfect storm” highlights fragility of global economic order   
08 October 2021 |

It has been described as the perfect storm. A mix of global economic rebound after COVID demand slump and trade disruptions has sent energy prices skyrocketing. International prices for coal (USD 150/ tonne), natural gas (USD 5.7/ MMBTU) and crude oil...


Shorter PPAs need of the times   
03 October 2021 |

The Ministry of Power is proposing to gradually move away from long-term PPAs and introduce medium and short-term contracts in the market. A committee has been set up to examine feasibility of changes in PPA tenure and relevant changes in payment security mechanism and other contractual provisions...

Shorter PPAs need of the times   
03 October 2021 |

The Ministry of Power is proposing to gradually move away from long-term PPAs and introduce medium and short-term contracts in the market. A committee has been set up to examine feasibility of changes in PPA tenure and relevant changes in payment security mechanism and other contractual provisions...

Award winnig research
India Renewable Power Tenders and Policies Update – August 2021
01 October 2021 |

This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in August 2021.

India Renewable Power Tenders and Policies Update – August 2021
01 October 2021 |

This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in August 2021.


Solar becomes the milch cow   
26 September 2021 |

The GST Council, an inter-governmental decision-making body headed by India’s Finance Minister, has recommended an increase in levy of GST (Goods and Services Tax) on all renewable energy “devices and parts” from 5% to 12%. The increase is expected to be ratified by the Union Cabinet shortly and become applicable from 1 October 2021....

Solar becomes the milch cow   
26 September 2021 |

The GST Council, an inter-governmental decision-making body headed by India’s Finance Minister, has recommended an increase in levy of GST (Goods and Services Tax) on all renewable energy “devices and parts” from 5% to 12%. The increase is expected to be ratified by the Union Cabinet shortly and become applicable from 1 October 2021....


Green bonds offer relief but risks loom   
20 September 2021 |

In the last three months, five Indian developers have raised a total of USD 1.7 billion through green bonds. Adani Green raised USD 750 million priced at 4.30% with maturity of three years. Acme completed its first issuance with USD 334 million of bonds priced...

Green bonds offer relief but risks loom   
20 September 2021 |

In the last three months, five Indian developers have raised a total of USD 1.7 billion through green bonds. Adani Green raised USD 750 million priced at 4.30% with maturity of three years. Acme completed its first issuance with USD 334 million of bonds priced...


Maharashtra, Gujarat and Uttar Pradesh to drive sector growth   
13 September 2021 |

Since January 2021, Maharashtra has issued five renewable power tenders with total capacity of 3.3 GW. In the same time, Gujarat has issued seven tenders with total capacity...

Maharashtra, Gujarat and Uttar Pradesh to drive sector growth   
13 September 2021 |

Since January 2021, Maharashtra has issued five renewable power tenders with total capacity of 3.3 GW. In the same time, Gujarat has issued seven tenders with total capacity...


Government recognises needs of C&I consumers   
05 September 2021 |

The Ministry of Power has issued draft electricity rules for open access (OA) renewable power. This is the first time that the central government has acknowledged increasing potential and needs of this market...

Government recognises needs of C&I consumers   
05 September 2021 |

The Ministry of Power has issued draft electricity rules for open access (OA) renewable power. This is the first time that the central government has acknowledged increasing potential and needs of this market...