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Blogs


SECI reworks the PPA template

20 August 2019 | BRIDGE TO INDIA

SECI has issued a new 1,200 MW ISTS (inter-state transmission system)-based tender. The tender includes two significant changes from the typical template. For the first time ever, the choice of technology – solar, wind or solar-wind hybrid – has been left to the developers. Second, the projects need to include a storage component such that they can supply at least 3 MWh of power/ MW/ day...

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Rooftop solar tenders pick up again

19 August 2019 | Shobhit Srivastava

After a slow 2017-18, rooftop solar tender issuance activity picked up again in 2018-19. Central and state government agencies issued a total of 804 MW (CAPEX 291 MW, OPEX 513 MW) of rooftop solar tenders in the year, up 64% on previous year. Figure: Rooftop solar tender issuance, MW Source: BRIDGE TO INDIA research Note:  Tenders below 5 MW capacity are excluded from this...

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Sterling & Wilson successfully completes its IPO

12 August 2019 | BRIDGE TO INDIA

Sterling & Wilson Solar (S&W) has become a rare success story in the Indian renewable energy sector by becoming the first company in many years to successfully complete an IPO. The share sale was structured as an offer for...

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Ministry of Power looking to act tough on DISCOMs

05 August 2019 | BRIDGE TO INDIA

The Ministry of Power (MOP) and MNRE have issued a couple of emphatic orders to tackle the growing DISCOM payment crisis. The first is an MOP order in end June instructing State Load Despatch Centres (SLDC) and Regional Load...

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Bridge To India

One year of safeguard duty fails to produce any results

29 July 2019 | BRIDGE TO INDIA

It is nearly a year since announcement of safeguard duty on import of PV cells and modules. To recap, the Indian government enforced duties on all imports from China, Malaysia and all developed countries starting 31 July 2018 for a period of two years. The duty level was set at 25% in the first year,...

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Hydrogen makes inroads into the global energy mix

26 July 2019 | BRIDGE TO INDIA

Last month, the International Energy Agency (IEA) declared 2019 a critical year for hydrogen and stated that it has a key role in a clean, secure and affordable energy future. Hydrogen is potentially a very attractive energy source as it combusts cleanly and does not produce carbon emissions. It is also a dense...

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FAME-II scheme – ambitious vision, poor planning

24 July 2019 | Prantik Mitra

In March 2019, the Indian government announced the much-awaited phase II of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme after delaying its announcement for over two years. FAME-I was initially set until 2017 but was extended up to March 2019. FAME-II has...

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Rooftop solar growing rapidly but needs nurturing

23 July 2019 | BRIDGE TO INDIA

India is estimated to have added new rooftop solar capacity of 1,836 MW in FY 2018-19, up a remarkable 61% over previous year. Total installed capacity is estimated at 4,375 MW as on 31 March 2019. Due to negative growth in utility scale solar over the last year, rooftop solar’s share of the total solar market has shot up to a very respectable 28% (11% in the previous year). Rooftop solar...

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Bridge To India

India’s uniquely complex bidding quagmire

16 July 2019 | BRIDGE TO INDIA

Gujarat has asked winning bidders in its May 2019 wind auction for 1,000 MW projects to match the lowest tariff of INR 2.80/ kWh bid by Enerfra, a local developer. Seven other winners including Adani, ReNew, Greenko, EdF, Vena, INOX and Powerica, who had bid...

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RE power trading a sensible move

12 July 2019 | Surbhi Singhvi

The Indian Energy Exchange (IEX) has repeatedly proposed to the Central Electricity Regulatory Commission (CERC) to allow spot trading of renewable energy through a separate window on its platform. While CERC had disapproved the proposal for Green Day Ahead Market  in 2017 citing lack of readiness of the renewable energy market…

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2019-20 budget a non-event

10 July 2019 | BRIDGE TO INDIA

 The Finance Minister Nirmala Sitharaman presented maiden budget of the NDA government’s second term on 5 July 2019 with a renewed focus on infrastructure. Though energy including renewables received a lot of coverage in the budget, there was no notable increase in funding allocation, subsidies or incentives. Total budgetary allocation to MNRE for 2019-20 is INR 52.5 billion (USD 675...

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Andhra Pradesh renegotiation attempt a mere bluster

10 July 2019 | BRIDGE TO INDIA

The new Andhra Pradesh government led by Chief Minister YS Jagan Mohan Reddy of the YSR Congress Party has made a sensational announcement seeking to renegotiate all renewable energy PPAs, review ‘must run’ status for the sector and cancel all...

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