Blogs
Net metering on the way out
05 April 2021 | BRIDGE TO INDIA
Indian states are rushing to block net metering connectivity for rooftop solar systems. After the Ministry of Power’s policy guidance to restrict net metering to system sizes up to 10 kW,
Green tariffs: an emerging option for all consumers to go green
28 March 2021 | BRIDGE TO INDIA
Maharashtra has become the latest state to offer ‘green tariff’ option to grid power consumers. This route allows consumers to notionally procure renewable power through DISCOMs without incurring any capital expenditure or entering into complicated renewable power purchase agreements directly with power producers. As per the...
Investment enthusiasm spills over to wind
22 March 2021 | BRIDGE TO INDIA
SECI concluded its 1,200 MW ISTS wind tranche X auction earlier this week. The tender was oversubscribed by 2.6 times. Successful bidders include Adani (300 MW), Ayana (300 MW), Evergreen Power (150 MW) and JSW (450 MW) with tariffs between INR 2.77-2.78/ kWh. Azure (300 MW, INR...
Basic customs duty on solar cells and modules: a poor decision
15 March 2021 | BRIDGE TO INDIA
We finally have it. After almost a year of uncertainty, MNRE has announced that PV cells and modules shall be subject to basic customs duty (BCD) of 25% and 40% respectively from April 2022 onwards. MNRE has also clarified that only bids submitted until 9 March 2021 shall be offered BCD related ‘change in law’...
New global boom era beckons for renewables
07 March 2021 | BRIDGE TO INDIA
The new US Energy Secretary, Jennifer Granholm, has signalled a transformational shift in the country’s energy policy to combat global warming. In her first public speech in the new role, Granholm announced that the US would install “hundreds of gigawatts” of...
India Renewable Power Tenders Update – February 2021
04 March 2021 | BRIDGE TO INDIA
This video presents a summary of major developments for renewable tenders during the month. It includes details of tender issuance, bid submission, completed auctions and related market...
India Renewable Power Policy Update – February 2021
04 March 2021 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
Webinar: Solar tariff of INR 2.00 arrived sooner than expected
01 March 2021 | BRIDGE TO INDIA
BRIDGE TO INDIA’s latest webinar attempted to make sense of recent record low solar tariffs observed in SECI’s Rajasthan 1,070 MW and GUVNL’s 500 MW tenders. Panellists included Mr. Sanjay Varghese (President & Head – Solar, ReNew), Mr. Sanjay Kumar (Head BD & Proposals, Larsen & Toubro), Mr. Andrew Gilhooly...
VPPAs still a distant prospect in India
01 March 2021 | BRIDGE TO INDIA
As C&I consumers in India seek to procure more renewable power, they are keen to consider alternative procurement models particularly because of the various challenges faced by traditional rooftop solar and open access routes. A new route, virtual power purchase agreements (VPPAs), immensely popular...
New Electricity Amendment Bill a damp squib
22 February 2021 | BRIDGE TO INDIA
The Ministry of Power has tabled a draft Electricity Amendment Bill in Lok Sabha. The foremost provision in the draft Bill relates to liberalisation of power distribution business. The government is proposing to end DISCOM monopoly by...
Andhra Pradesh’s curious 6.4 GW solar tender
15 February 2021 | BRIDGE TO INDIA
Andhra Pradesh completed auction for its mega solar tender last week. Winners include Adani (2,400 MW), Shirdi Sai and HES Infrastructure (believed to be affiliates of Greenko, together 2,500 MW), NTPC (600 MW) and Torrent Power (300 MW) with tariffs ranging between INR 2.47-2.49/ kWh. Another 600 MW project was won by Adani with a bid of INR 2.59/kWh but the state government has not accepted...
Renewable power facing more banking restrictions
09 February 2021 | BRIDGE TO INDIA
Gujarat’s new solar policy has severely restricted banking provision for surplus power. Banking shall be available to HT consumers only on a daily basis (residential and LT consumers: monthly basis) and only within specified day hours. The state has also proposed a sharp increase in banking fee to INR...
