Blogs
Another PSU solar tender set for a lukewarm response
14 June 2021 | BRIDGE TO INDIA
Bid submission date for Indian Renewable Energy Development Agency Ltd (IREDA)’s 5,000 MW solar tender has been extended again to 15 June 2021. This is the third such tender issued under MNRE’s...
India Renewable Power Tenders and Policies Update – May 2021
10 June 2021 | BRIDGE TO INDIA
This video presents a summary of major developments for renewable sector tenders with details of tender issuance, bid submission, completed auctions and related market trends. It also covers a snapshot of key policies and regulatory developments from the previous...
Energy storage participation in ancillary services heralds a new market
09 June 2021 | BRIDGE TO INDIA
India’s central power sector regulator, CERC, has issued draft ancillary services regulations aimed at ensuring smooth operation of the power system. The highlight of the draft regulations is to allow energy storage facilities and demand side resources, for the first time ever, to provide secondary...
Solar manufacturing ambitions create yet more uncertainty
06 June 2021 | BRIDGE TO INDIA
The government’s Make in India policy is creating endless uncertainty for the solar sector. The Ministry of Commerce and Industry has initiated a new anti-dumping duty (ADD) investigation into solar cell and module imports from China, Thailand and Vietnam potentially dashing hopes of developers for a
Decisive course correction to retain investors
24 May 2021 | BRIDGE TO INDIA
As COVID pandemic rages across the country, MNRE has granted further time extension to projects under construction. The extension, not yet quantified because it is still too early to assess actual impact, would be applicable only to projects tendered by central government agencies with scheduled COD after 1 April 2021. But state government agencies are expected to follow suit. COVID is not...
PSUs frittering away their core strengths
17 May 2021 | BRIDGE TO INDIA
Coal India Limited, a public sector company and the world’s largest coal producer, won 100 MW capacity in the recent 500 MW solar auction in Gujarat with a bid of INR 2.20/ kWh. Two of the other four bidders in the auction were also PSUs – NTPC and SJVN won 150 MW and 70 MW capacities with bids of INR 2.20 and 2.21...
India Renewable Power Tenders Update – April 2021
11 May 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 – April 2021
11 May 2021 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
Warning: ‘duck’ curve ahead!
10 May 2021 | BRIDGE TO INDIA
In Q1 2021, daytime power prices in southern Australia fell repeatedly below zero between 10 am and 3:30 pm. The negative prices came on back of low power demand and increasing renewable power penetration in the
Two exits tell a sorry tale
30 April 2021 | BRIDGE TO INDIA
Japan’s SoftBank is in the process of exiting Indian renewable sector, selling most of its 80% stake in SB Energy to CPPIB, the Canadian pension fund. Remaining 20% stake in the company would continue to be held by Bharti Enterprises. SB Energy...
Rooftop solar market resilient but for how long?
26 April 2021 | BRIDGE TO INDIA
BRIDGE TO INDIA’s latest data compilation exercise for rooftop solar suggests that India installed 1,352 MW capacity in 2020, down 13.5% YOY. Total installed capacity is estimated to have reached 6,792 MW by December 2020. In a
Duty-free window a dilemma for solar project developers
18 April 2021 | BRIDGE TO INDIA
As things stand today, safeguard duty (SGD) of 14.5% on solar PV cells and modules is set to expire on 29 July 2021. While the Ministry of Commerce trade investigation is still supposedly ongoing, another extension is looking unlikely. Basic...
