Tamil Nadu issues a ‘feel good’ draft solar policy

SAI NANDAMURI | 27 September 2018

Tamil Nadu Energy Development Authority (TEDA) has released a draft solar policy for comments. The draft policy envisions a total installed capacity of 8,884 MW by 2022; 40% (3,553 MW) of this capacity is expected to be added by rooftop solar systems. Key proposed provisions in the policy…

International strategic investors hedging their bets in India

BRIDGE TO INDIA | 24 September 2018

Hongkong’s CLP Group has agreed to sell 40% equity stake in its Indian subsidiary, CLP India, to CDPQ, a Canadian pension fund. Meanwhile, Engie has also offered a 50% equity stake to STOA, a French institutional investor, in its wind business in India. These are just two recent…

Power sector reform still a distant dream

BRIDGE TO INDIA | 21 September 2018

The Ministry of Power has proposed a number of progressive ideas for the electricity sector in the form of draft amendments to the National Electricity Act and National Tariff Policy. Proposed amendments include obligating DISCOMs to supply 24X7 power, a new penalty mechanism…

Haryana’s OA solar market set to take-off

SANGEETHA SURESH | 17 September 2018

Haryana Electricity Regulatory Commission (HERC) has recently issued regulations that  exempt solar power plants from transmission/wheeling charges, CSS and additional surcharge for 10 years from date of commissioning. The waivers are…

Unremitting price focus a major challenge for the Indian solar sector

BRIDGE TO INDIA | 10 September 2018

MNRE recently advised SECI to revise ceiling tariff downwards in new utility scale solar tenders to INR 2.68 (2.50 without any safeguard duty), a reduction of over 8% on the prevailing level of INR 2.93. The recent 10,000 MW integrated manufacturing tender also…

Government no closer to unlocking the manufacturing puzzle

BRIDGE TO INDIA | 03 September 2018

SECI has made several amendments to its RFS for the integrated project development and module manufacturing tender. The big change is reduction in manufacturing capacity from 5 GW to 3 GW. MNRE received strong representations from the private sector…

Wind sector pick up eighteen months away

SHIPRA ARORA | 28 August 2018

India added 1.8 GW of wind capacity in FY 2018 (down 67% over FY 2017). We estimate that capacity addition will further slow down to about 1 GW per annum over the next two years before picking up again. The slowdown is largely a result of the sector moving abruptly from FIT-based allocation to auctions. Tariff fell…

Slow project progress poses a risk to government targets

BRIDGE TO INDIA | 27 August 2018

702 MW of new utility scale solar power generation capacity was commissioned in Q2 2018 taking total installed capacity to 24,941 MW on June 30, 2018. Capacity addition was 11% below our estimate and 60% below the scheduled commissioning target. It was also 82% lower than actual capacity addition in the previous…

Floating solar slow to take-off

BRIDGE TO INDIA | 20 August 2018

In December last year, SECI announced an EOI for 10 GW of floating solar projects, which was later adopted into the government’s revised 227 GW RE target for March 2022. Several large floating solar projects have been announced subsequently over the last few months. But bid deadlines…

MSEDCL fights back against rooftop solar

BRIDGE TO INDIA | 13 August 2018

Maharashtra State Electricity Distribution Company (MSEDCL), Maharashtra’s largest DISCOM, has proposed a series of measures to counter growth of rooftop solar in its latest petition to the state regulator. The proposed measures include: i) shift from net-metering to gross-metering; ii) restrictions on capacity addition…

Tracker market slowing down

Surbhi Singhvi | 10 August 2018

In the midst of increasing competition, falling tariffs and shrinking profit margins, the market for solar trackers picked up sharply in India in 2017. Developers were increasingly keen to use trackers to enhance project performance to maximize returns. Commissioned capacity…

Need to step up battery manufacturing in India

Surbhi Singhvi | 08 August 2018

In an encouraging move for prospects of domestic battery manufacturing, two government run institutions — Indian Space Research Organization (ISRO) and Central Electrochemical Research Institute (CECRI) — have announced plans to transfer their cell manufacturing technology to private companies. Various…


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