Blogs
Conflicting policy signals not helpful
19 September 2022 | BRIDGE TO INDIA
CEA, the apex power sector planning agency in the country, has released draft National Electricity Plan with a detailed assessment of sector requirements for the next ten years (until FY 2032). The plan, revised every five years, lays out generation and transmission capacity growth roadmap to aid system planning and facilitate coordination between various government departments. The plan is...
Viability crisis in the solar sector
12 September 2022 | BRIDGE TO INDIA
National Solar Energy Federation of India (NSEFI), a solar industry association, has warned that about 25 GW of solar projects are facing risk of abandonment due to severe cost hikes over last two years. According to NSEFI, tariff for these projects...
First major storage auction, a milestone for the sector
05 September 2022 | BRIDGE TO INDIA
SECI has completed auction for a standalone 500 MW/ 1,000 MWh battery storage tender, the first of its kind. The project would be located in Rajasthan near Fatehgarh sub-station, a major solar power hub with total connectivity of 14 GW. JSW Energy has won the full capacity in a tight auction process...
India Renewable Sector Update – July 2022
02 September 2022 | BRIDGE TO INDIA
This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in July...
Global race for renewables heating up
29 August 2022 | BRIDGE TO INDIA
The US Congress has passed a landmark law which aims to provide a massive boost to the clean energy sector. The law seeks to reduce clean energy costs, spur technology innovation, create jobs, incentivise domestic manufacturing...
States go after ‘behind the meter’ systems
22 August 2022 | BRIDGE TO INDIA
After resisting growth of net metering and open access markets, DISCOMs seem to be now turning their focus on ‘behind the meter’ (BTM) installations, a key engine of growth for the rooftop solar market in the last few years....
Electricity Act amendment bill back on the table but…
16 August 2022 | BRIDGE TO INDIA
After having seemingly binned the Electricity Act, 2003 amendment bill last year, the government has sprung a surprise by reviving it. A new draft has been tabled in parliament but immediately sent to a...
Carbon market would change entire business paradigm
09 August 2022 | BRIDGE TO INDIA
Since announcing the goal of achieving net zero emission status by 2070 in November 2021, the government has taken first tangible step in that direction. A bill has been introduced in the Lok Sabha to amend the Energy Conservation Act, 2001 to mandate use of non-fossil fuel based energy sources and establish carbon credit market in the country. It defines applicability threshold as all...
India Renewable Sector Update – June 2022
01 August 2022 | BRIDGE TO INDIA
This video presents a summary of major sector developments including tender issuance, auctions, policy and regulatory developments, financial deals and related market trends in June...
Revised RPO trajectory needs strong execution support
01 August 2022 | BRIDGE TO INDIA
The Ministry of Power has issued an order specifying national RPO trajectory until FY 2030. The target, originally set at 21.00% for FY 2022, has been modified and extended to 43.33% for FY 2030. Separate sub-targets have been introduced for new large hydro, wind and storage projects. Solar has been clubbed with other...
Auction process needs tightening, not relaxing
25 July 2022 | BRIDGE TO INDIA
The MNRE Secretary announced at a recent conference that the government has decided to do away with e-reverse auction stage for wind power projects. Projects are proposed to be allocated on the basis of a single-stage written bid...
Another botched DISCOM relief scheme
04 July 2022 | BRIDGE TO INDIA
The Ministry of Power has issued new Electricity Rules offering yet another debt package to DISCOMs to help clear delayed payments to power producers and transmission companies. The proposal is for DISCOMs to reschedule and clear all outstanding amounts in equal monthly instalments spread over 1-4 years depending on total quantum of...
