Blogs
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...
Solar-wind hybrid tender stuck
13 November 2020 | BRIDGE TO INDIA
Bid submission deadline for SECI’s 1,200 MW solar-wind hybrid tender (tranche 3) has been extended again to 20 November 2020. The tender was issued in January 2020 and since then, there have been five amendments and a staggering 15 extensions for bid submission date. The latest amendment issued in October 2020 follows
India Renewable Power Tenders Update – October 2020
10 November 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 – October 2020
10 November 2020 | BRIDGE TO INDIA
This video presents a monthly snapshot of key policy and regulatory developments in India’s renewable power...
Residential rooftop solar ready to take off after subsidy, COVID hiccups
10 November 2020 | Mridul Chadha
BRIDGE TO INDIA hosted a webinar on 3 November 2020 to discuss recent developments in India’s residential rooftop solar market. The webinar was sponsored by Tata Power and supported by Indo-German Energy Forum. There were six participants in the webinar: Tata Power: Mr. Ravinder Singh, Chief – Solar Rooftop Business Oakridge Energy: Mr. Shravan Sampath, CEO Enphase...
Gujarat and Kerala lead the way on residential rooftop solar
08 November 2020 | BRIDGE TO INDIA
Progress on MNRE’s residential rooftop solar policy phase 2, with a target capacity of 4,000 MW by March 2022, remains slow. The government has so far approved subsidy for 833 MW and disbursed only INR 240 million (USD 2.4 million) across the country. Progress has been held up by...
New urgency needed for faster energy transition
31 October 2020 | BRIDGE TO INDIA
India’s economy and power sector continue to reel under effects of COVID-19. IMF has projected FY 2021 GDP to contract by 10.3% over the previous year. As the vaccine is not likely to be widely available until mid-2021, a long period of uncertainty looms. The economic slowdown poses critical concerns for the renewable power sector: Power demand has gradually recovered to last year’s...
Haryana deals a low blow to open access
25 October 2020 | BRIDGE TO INDIA
Haryana electricity regulator, HERC, has recently adjudicated on two petitions by Cleantech Solar and LR Energy respectively, open access solar project developers in the state. Both developers had obtained all necessary approvals from the state nodal agency (HAREDA) and state transmission company (HVPN) to build and connect two separate 20 MW projects to the state transmission network. However,...
