Bidding stays aggressive in solar auctions


NTPC, SECI and Maharashtra State Electricity Distribution Company Limited (MSEDCL) completed auctions for their 750 MW, 200 MW and 1,000 MW tenders respectively in last two weeks. The NTPC and SECI projects would be located in Anantapur solar park, Andhra Pradesh and Pavagada solar park, Karnataka…

Wind-solar hybrid policy has little substance

BRIDGE TO INDIA | 21 May 2018

MNRE released the final version of National Wind-Solar Hybrid Policy last week. The policy aims to “provide a framework for promotion of large grid connected wind-solar PV hybrid systems for optimal and efficient utilization of transmission infrastructure and land, reducing the variability…

ReNew breaks away from the competition

BRIDGE TO INDIA | 14 May 2018

India’s largest RE developer, ReNew Power, recently completed acquisition of Ostro Energy, a wind and solar project developer with a total portfolio of 1,108 MW. The acquisition, the largest in the sector so far, makes ReNew Power by far the biggest renewable developer in the country with…

ISTS tenders face long delays

BRIDGE TO INDIA | 07 May 2018

Central Electricity Regulatory Commission (CERC), India’s chief power sector regulator, recently issued a draft procedure for applying for connectivity to the inter-state transmission system (ISTS). The draft procedure comes in the wake of last year’s CERC order on transmission connectivity ‘squatting’ and seeks…

India launches its first offshore wind project

BRIDGE TO INDIA | 30 April 2018

National Institute of Wind Energy (NIWE), an autonomous technical institution set up by MNRE, has invited Expressions of Interest (EOI) for India’s first offshore wind project. The 1,000 MW project is proposed to be located about 25 km from Pipavav port off the coast of Gujarat. Transmission…

Gujarat tender cancellation is ill advised

BRIDGE TO INDIA | 23 April 2018

Gujarat government has cancelled the 500-MW state tender, for which an auction was held just four weeks ago. Capacity was won in this tender by Kalthia Engineering (50 MW), Gujarat State Electricity Corporation (150 MW), Acme (100 MW) and Azure Power (200 MW). Reason for cancellation has been cited…

DC overloading gains increasing acceptance in India

Mudit Jain | 19 April 2018

A solar power plant rarely produces nameplate capacity power as solar modules operate at their maximum efficiency only during limited peak hours. It has therefore become routine industry practice to over-size DC module capacity, a concept commonly known as DC overloading. It allows solar plants…

SECI draws strong response to its 2000 MW wind auction

SHIPRA ARORA | 19 April 2018

SECI conducted another e-auction for 2,000 MW of wind power projects on 6 April 2018. Winning bids were INR 2.51 – 2.52/kWh, just marginally higher than the tariffs discovered in the previous 2,000 MW SECI auction (2.44 – 2.45) held in February 2018. Winning bidders include an even…

National Electricity Plan of limited use

BRIDGE TO INDIA | 18 April 2018

About two weeks ago, the Central Electricity Authority (CEA), a statutory agency constituted under the Ministry of Power, released final National Electricity Plan for the five-year period beginning April 2017. The Plan is an important document – it should provide a roadmap for power sector…

MNRE allows pass-through of duty risk

BRIDGE TO INDIA | 10 April 2018

Last week, MNRE issued a clarification to its guidelines for competitive bidding of solar PV projects. The clarification allows inclusion of changes in duties and other cesses in Change in Law provisions in power purchase agreements. It effectively means that risk of any new duties or changes…

Gujarat auction gets a tepid result

BRIDGE TO INDIA | 02 April 2018

Gujarat conducted e-auction for a 500 MW utility scale PV solar tender last week. Capacity has been won by four developers at tariffs between INR 2.98 – 3.06/ kWh – Kalthia Engineering (50 MW, INR 2.98), Gujarat State Electricity Corporation (GSEC) (150 MW, INR 3.00)…

Uttar Pradesh shows open access promise

SANGEETHA SURESH | 29 March 2018

Uttar Pradesh (UP) has recently amended the Captive and Renewable Energy Regulations 2014 to provide 50% exemptions from transmission and wheeling charges for intra-state open access sale of solar power.

The state agencies have been reluctant to provide OA approvals in the past. There is…


We maintain extensive databases covering government policy and regulations, tenders, auction results, project information, equipment prices and financial deals. We can create customized research packages for you. You can also subscribe to our standard subscription packages.