Blogs
2020 recap in five charts
13 January 2021 | BRIDGE TO INDIA
2020 recap in five charts We look at five charts summarising key developments in the renewable power sector in 2020. Record-low solar tariffGujarat’s 500 MW solar auction led to a new record low tariff of INR 1.99/ kWh. The new record came on the heels of previous record of INR 2.00/ kWh discovered just one month earlier...
2021 – a year full of expectation and hope
08 January 2021 | BRIDGE TO INDIA
Best wishes for a very good new year to all our subscribers! Everyone is hoping to put 2020 behind them, the year that caused even more pain than 2019. Here, we look at key expected developments and pivotal events in the new year. Caveat: we assume, as widely expected, no further COVID shocks and a sharp economic recovery. Power demand to bounce back Based on various market estimates for GDP...
India Renewable Power Tenders Update – December 2020
31 December 2020 | 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 – December 2020
31 December 2020 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
2020 – an eventful and memorable year, for mostly the wrong reasons
19 December 2020 | BRIDGE TO INDIA
As 2020 comes to an end, we take stock of what the year meant for the renewable power sector. It has been a phenomenal whirlwind of a year throwing off-course plans of all stakeholders. COVID has caused unimaginable disruption by further weakening power demand, diminishing DISCOM finances and slowing down...
Webinar – India rooftop solar policy round up
18 December 2020 | Dhruv Tyagi
BRIDGE TO INDIA hosted a webinar on Thursday, 3 December 2020 to discuss rooftop solar policy status at national and state levels. Participants included Mr. Chintan Shah (Director Technical, IREDA), Mr. Arijit Mitra (Head of Distributed Generation, LONGi Solar), Mr. Pramod Kalyanshetti (CCO, Mahindra Susten), Dr....
Demand side management needs greater policy thrust
15 December 2020 | BRIDGE TO INDIA
The Telangana State Electricity Regulatory Commission (TSERC) recently released final regulations for demand-side management (DSM). The initiative is designed to encourage and incentivise consumers to alter their power consumption pattern, both in terms of level and...
Green power trading off to a tentative start
07 December 2020 | BRIDGE TO INDIA
It has been a little over three months since renewable power trading commenced on Indian Energy Exchange. Trading has been active for solar and non-solar renewable power separately under two different contracts – intra-day, for delivery within 3.5 hours, and day-ahead, for delivery next day. Longer-term contracts – daily,...
India Renewable Power Policy Update – November 2020
01 December 2020 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
India Renewable Power Tenders Update – November 2020
01 December 2020 | 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...
Two Rupees makes no sense!
27 November 2020 | BRIDGE TO INDIA
On 23 November 2020, SECI conducted an auction for a 1,070 MW vanilla solar tender where a new tariff low of INR 2.00 (USD cents 2.7)/ kWh was discovered. The low tariff was bid by Saudi Arabia’s Aljomiah (200 MW), a new market entrant, and Sembcorp (400 MW). NTPC was the other successful bidder, winning 470 MW capacity, with a...
New RTC guidelines offer little hope for pure play renewable IPPs
20 November 2020 | BRIDGE TO INDIA
The Ministry of Power has amended competitive bidding guidelines for procuring ‘round-the-clock’ (RTC) power by blending renewable power with power from other sources. Minimum share of renewable power remains at 51%. Main change pertains to relaxation in source of other power – bidders are free to procure non-renewable power...