Blogs
BRIDGE TO INDIA – India RE Policies Update – May 2023
29 June 2023 | BRIDGE TO INDIA
This video presents a summary of major policy and regulatory developments in May 2023.
Low visibility in OA charges still a major risk
26 June 2023 | BRIDGE TO INDIA
Final tariff orders issued by state regulators for FY 2024 show an upward trend in transmission and wheeling charges. Transmission charges increased by 20%, 14% and 14% in Maharashtra, Rajasthan and Haryana respectively. Transmission loss increased by 18% in Rajasthan, while wheeling charge increased by more than 50% in Andhra Pradesh…
Better days are here for wind power
19 June 2023 | BRIDGE TO INDIA
Concerned by poor progress in the wind power sector, the government has made a series of announcements to stimulate capacity addition. It has notified a specific wind tender issuance sub-target of 10 GW annually until FY 2028 on top of hybrid and RTC tenders. It has also set a separate incremental wind RPO target of 6.94%, within the 43.33% RPO target by March 2030…
Opportunity to lead in electrolyser manufacturing
12 June 2023 | BRIDGE TO INDIA
L&T recently signed a technology licence agreement with France-based McPhy for making alkaline electrolysers in India. Before this, Greenko had signed an agreement with John Cockerill to build a 2 GW alkaline electrolyser manufacturing plant. Other companies to show an interest in electrolyser manufacturing include Adani, Ohmium, H2ePower, Reliance and GR Infraprojects.
Open access for all
05 June 2023 | BRIDGE TO INDIA
The Ministry of Power has again relaxed green open access (OA) rules. OA will now be available to groups of consumers, connected to a single DISCOM, with combined sanctioned load of 100 kW or more instead of being restricted to individual consumers with a minimum sanctioned load of 100 kW. This ‘group OA’ concept is conceptually a huge change from restriction of OA to consumers with minimum sanctioned load of…
China’s impressive solar story and lessons for India
29 May 2023 | BRIDGE TO INDIA
China is expected to add a record 125 GWp solar capacity this year, 5x the next biggest player (US) and up 44% over capacity addition in 2022, which itself was up 64% over the previous year. Total solar capacity is expected to cross 500 GWp by the end of this year, ahead of national target.
BRIDGE TO INDIA – India RE Tenders Update – April 2023
26 May 2023 | BRIDGE TO INDIA
This video presents a summary of major sector developments including tender issuance and auctions in April 2023.
BRIDGE TO INDIA – India RE Policies Update – April 2023
26 May 2023 | BRIDGE TO INDIA
This video presents a summary of major policy and regulatory developments in April 2023.
EU carbon tax provides more impetus to renewables
22 May 2023 | BRIDGE TO INDIA
The European Parliament has given final nod to its landmark climate policy initiative, Carbon Border Adjustment Mechanism (CBAM). The scheme’s objective is to provide a level playing field to European Union (EU) businesses by subjecting imported goods to an effective tax equivalent to incremental environmental cost borne by domestic manufacturers because of EU’s tighter emission standards.
Project auctions in a Goldilocks zone
15 May 2023 | BRIDGE TO INDIA
After witnessing one of the slowest periods in project auctions through 2022 and early 2023 (average monthly auction capacity of 802 MW), last six weeks have seen a surge in activity. Since April, a remarkable ten auctions totalling 6.9 GW capacity have been completed. Prominent auctions…
DISCOMs join the battle for corporate consumers
08 May 2023 | BRIDGE TO INDIA
At the start of every financial year, DISCOMs revise grid tariffs with approval from regulators. It is usually a routine exercise involving a review of all operational costs and changes required in tariffs to sustain overall business. But this year, it seems that the DISCOMs have decided to tactically…
BRIDGE TO INDIA – India RE Tenders Update – March 2023
01 May 2023 | BRIDGE TO INDIA
This video presents a summary of major sector developments including tender issuance and auctions in March 2023.
