Blogs
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.
BRIDGE TO INDIA – India RE Policies Update – March 2023
01 May 2023 | BRIDGE TO INDIA
This video presents a summary of major policy and regulatory developments in March 2023.
Agri-solar too important to be allowed to fail
01 May 2023 | BRIDGE TO INDIA
Last four months have seen a flurry of activity in the agri-solar market with 23 new tenders totalling 7.3 GW capacity under KUSUM (components A, C-II) and state schemes. Since January 2020, a total of 73 tenders aggregating 25 GW capacity have been issued so far under these schemes…
Why no renewable power for meeting peak demand?
24 April 2023 | BRIDGE TO INDIA
As summer hits India, power demand is rising again leading to fears of shortages and blackouts. On 18 April 2023, demand hit this year’s high of 216 GW and crossed last year’s peak demand. Over the next two months, peak demand is expected to touch an all-time high of 229 GW, up 8% over last year. The government is going all out to avert a power crunch.
No easy choice when buying modules
17 April 2023 | BRIDGE TO INDIA
Waiver of ALMM requirement for projects commissioned by March 2024 has again opened doors to module imports. Project developers now have a range of choices when buying modules – import modules from China, import modules…
Sense of déjà vu as MNRE issues new bidding trajectory
10 April 2023 | BRIDGE TO INDIA
MNRE has prescribed an annual bidding trajectory of 50 GW renewable capacity until FY 2028. It has further mandated that at least 10 GW per annum of this capacity should be reserved for wind projects. For the current financial year, the government wants tender issuance of at least 15 GW capacity…
PLI tranche-II – lengthening odds on plans to become world’s solar factory
03 April 2023 | BRIDGE TO INDIA
SECI has announced winners of tranche-II of the Production-Linked Incentive (PLI) scheme. 11 companies have been awarded total PLI of INR 139 billion (USD 1.7 billion) to set up combined manufacturing capacity of 39.6 GW. Reliance and Shirdi Sai have each been awarded PLI for another 6 GW fully integrated…
