Loading...

Blogs


Indian Railways ramping up renewable energy adoption

29 July 2020 | Dhruv Tyagi

Earlier this month, the Ministry of Railways announced a plan to transform Indian Railways to ‘Green Railways’ by 2030. The move is in line with the government’s initiatives to meet the commitments made under the Paris Agreement, with Railways being identified as one of the key sectors for decarbonisation. The...

Read more...


DISCOM liquidity package stuck

11 July 2020 | BRIDGE TO INDIA

Last week, power minister R.K. Singh announced that the INR 900 billion (USD 12 billion) liquidity package for DISCOMs may be expanded to INR 1,250 billion (USD 17 billion) to cover their increasing outstanding dues. The dues have increased sharply from INR 1,062...

Read more...


Webinar: COVID 19 implications for domestic manufacturing

07 July 2020 | BRIDGE TO INDIA

BRIDGE TO INDIA hosted a webinar on 3 June 2020 to discuss impact of COVID-19 on domestic module manufacturing industry in India. We had an eminent group of speakers including Mr. Amitesh Sinha, Joint Secretary, MNRE, Mr. Ashish Khanna, CEO, Tata Power Solar, Mr. Ramesh Nair, CEO, Adani Solar, Mr. Saibaba...

Read more...


New solar tariff low not a surprise

05 July 2020 | BRIDGE TO INDIA

SECI’s latest solar auction has discovered a new record low tariff of INR 2.36/ kWh (USD 3.1 cent). The company’s pan India 2,000 MW ISTS tender was oversubscribed 2.3 times. Spain’s Solarpack (300 MW, tariff INR 2.36/ kWh) was the lowest bidder. Other winners...

Read more...


Bridge To India

Customs duty finally on the anvil

26 June 2020 | BRIDGE TO INDIA

After a year of deliberation, MNRE has announced that basic customs duty (BCD) shall be levied on all cell and module imports from 1 August 2020 onwards. The proposal, pending approval from The Ministry of Commerce and Ministry of...

Read more...


Border tension with China does not augur well

22 June 2020 | BRIDGE TO INDIA

Border tension with China does not augur well This week saw violent clashes between Indian and Chinese armed forces. 20 Indian soldiers have died in reportedly the worst clashes in the last 58 years. These events have revived longstanding distrust of China and lent an edge to the precarious relationship between the two countries. There is growing political chorus for boycott of Chinese goods...

Read more...


Financial bonanza for Adani and Azure?

12 June 2020 | BRIDGE TO INDIA

SECI has approved award of an astounding 12,000 MW project capacity in its 7,000 MW manufacturing-linked project tender. The auction was held back in January 2020 with Adani Green and Azure announced as winners with tariff bids of INR 2.92/ kWh. The two developers had bid for 4,000 MW and 2,000 MW project capacity but are being...

Read more...


Real-time power trading a win-win for power producers and consumers

06 June 2020 | BRIDGE TO INDIA

Power exchanges in India started offering a new ‘Real Time Market’ (RTM) trading window at the beginning of this week. The market features 48 trading slots, half an hour each, during the day for delivery of power within one hour of...

Read more...


Bridge To India

COVID-19 to cause serious damage to renewables

31 May 2020 | BRIDGE TO INDIA

COVID-19 infections in India, relatively low so far, have started rising rapidly. New cases were reported at 8,380 on 30 May 2020, up 4.6x in the last month. Ironically, the lockdown is still being relaxed to avoid economic hardship and under pressure from the business community. Almost all social and business activities would be...

Read more...


Oil & gas players set to carve a bigger role

23 May 2020 | BRIDGE TO INDIA

Shell, a global oil & gas major, recently announced accelerated goals in a mission to become zero energy business. The company is seeking to completely eliminate all emissions from its manufacturing business by 2050 and also wants to reduce...

Read more...


RTC auction a small step towards firm renewable power

15 May 2020 | BRIDGE TO INDIA

RTC auction a small step towards firm renewable power SECI completed auction for its 400 MW round-the-clock (RTC) tender last week. Entire capacity has been awarded to ReNew Power at a tariff of INR 2.90/ kWh. Other bidders included Greenko (400 MW, INR 2.91/ kWh) and HES Infra (100, 3.91). Ayana had also submitted a...

Read more...


Project progress grinding down

08 May 2020 | BRIDGE TO INDIA

India added total utility scale solar and wind capacity of 715 and 328 MW respectively in the quarter ending March. These are meagre returns; the combined total represents the weakest quarterly progress on capacity addition in the last two years. For the financial year 2019-20, total utility scale capacity addition was 7,408 MW, 34% below the high of two years ago. Progress over next two...

Read more...


To top