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Blogs


Government financial institutions becoming lenders of last resort

22 April 2020 | BRIDGE TO INDIA

The Ministry of Power is supposedly working on a plan to use central government-owned financial institutions (FIs) including Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to fund DISCOMs in wake of the Coronavirus disruption. As per news reports,

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Webinar: impact of COVID-19 on the Indian renewable sector

20 April 2020 | BRIDGE TO INDIA

BRIDGE TO INDIA hosted a webinar on 30 March 2020 to discuss impact of COVID-19 on the renewable sector in India. Speakers from a cross-section of players from the industry discussed impact on equipment supply chain and projects under construction (an estimated 10 GW where on-site activity is currently under progress) as well as...

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Maharashtra offers relief to rooftop solar

15 April 2020 | BRIDGE TO INDIA

The Maharashtra regulator, Maharashtra Electricity Regulatory Commission (MERC), has made a series of positive announcements for rooftop solar market in the state. It has accepted demand from MSEDCL, a state government owned company and the largest DISCOM in the state, to levy grid usage charges on all new installations over 10 kW capacity but only once total installed capacity in the state...

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Bridge To India

Coronavirus damage impossible to assess

31 March 2020 | BRIDGE TO INDIA

Coronavirus damage impossible to assess India has been in a near complete lockdown since 22 March 2020. The current three week lockdown is due to last until 14 April 2020. All commercial and social activity including all...

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Management of cooling load favourable to renewables

20 March 2020 | Mridul Chadha

Power demand for cooling applications accounts for about 17% (210 TWh in 2017-18) of India’s total electricity requirement. As per a projection by the Ministry of Environment, Forests and Climate Change (MOEF&CC), this demand could increase to 985 TWh by 2037-38 in the business-as-usual scenario. But the Ministry’s

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Waiving bank guarantees not desirable

20 March 2020 | BRIDGE TO INDIA

MNRE is understood to be in advanced stages of waiving requirements for bank guarantees by project bidders. As per a news report, MNRE is proposing that instead of bank guarantees, the developers may provide letters of...

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Safeguard duty redux

16 March 2020 | BRIDGE TO INDIA

The Directorate General of Trade Remedies, under the Ministry of Commerce & Industry, has opened a 

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Bridge To India

Coronavirus disruption highlights risk of external dependence

28 February 2020 | BRIDGE TO INDIA

The Ministry of Finance has clarified that projects affected by the Coronavirus breakout would be given relief by way of extensions in project completion timelines under Force Majeure provisions. The announcement is not a surprise as the resultant business disruption, clearly outside the control of the...

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India takes one more step in integration of RE

25 February 2020 | Mridul Chadha

Eight of the proposed 11 Renewable Energy Management Centres (REMCs) have commenced operations. REMCs were proposed to be set up by the Ministry of Power back in 2017 to aggregate renewable energy forecasts and dispatch schedules. They are expected to help optimise scheduling of conventional power plants and maintain grid balance. In late-2018, 11 REMC contracts were awarded by Power Grid...

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Weak power demand an under appreciated risk

24 February 2020 | BRIDGE TO INDIA

India added 2,770 MW of renewable capacity in Q4 2019. For the year 2019, total capacity addition is estimated at 11,403 MW comprising 7,140 MW utility scale solar, 1,896 MW rooftop solar and 2,367 MW wind. The total figure is up marginally over 10,683 MW capacity addition in 2018 but substantially lower than 14,031 MW in 2017.   Capacity addition numbers are stuck at levels far below...

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