28 May 2013 | Jasmeet Khurana
Coal India Limited (CIL) recently announced its foray into the Indian solar power sector with an initial project of 2 MW (refer).CIL is the largest coal mining company in India and accounts for 80% of the coal production in the country. CIL plans to set up solar...
01 April 2013 | Jasmeet Khurana
India’s largest solar REC project of 33 MW was commissioned last week. The promoter of the plant is Giriraj Enterprises, which has diversified business interests. Sterling and Wilson was responsible for the EPC for the entire 33 MW and will also be responsible for the Operation and Maintenance (O&M) of the plant for the next five years. The project estimates an average of 53,000 RECs...
26 February 2013 | Jasmeet Khurana
The finance minister of India will be presenting the union budget in front of the parliament on 28th February 2013. The budget is will highlight the public fund allocations for the next financial year (April 2013-March 2014). Multiple commerce and industry associations have provided suggestions to boost the solar sector in India. FICCI has released suggestions for methods to reduce the high...
29 January 2013 | Jasmeet Khurana
Jasmeet Khurana , Market Intelligence Consultant at BRIDGE TO INDIA, works on project performance benchmarking, success factors for module sales, financing and bankability of projects in India. Curbing the fiscal deficit has become a key priority in India....
21 August 2023 | BRIDGE TO INDIA
India added 2,206 MW solar capacity in Q2 2023, 40% lower YOY, declining QOQ for five straight quarters in a row. Main culprit for the slowdown was utility scale solar, which added a mere 420 MW in the quarter. Open access was the saviour with volumes jumping steadily and outpacing utility scale capacity addition for the first time since the start of 2023.
15 April 2020 | BRIDGE TO INDIA
The Maharashtra regulator, Maharashtra Electricity Regulatory Commission (MERC), has made a series of positive announcements for rooftop solar market in the state. It has accepted demand from MSEDCL, a state government owned company and the largest DISCOM in the state, to levy grid usage charges on all new installations over 10 kW capacity but only once total installed capacity in the state...
26 November 2018 | BRIDGE TO INDIA
After occupying a dominant position in module supply, the Chinese companies are aggressively expanding their presence in the Indian solar inverter market. Their combined market share in utility scale projects in the latest available 12-month period has gone up to 46% from 1% just three years ago. 3 of the top 5 players are from China. There is a similar story in rooftop solar with aggregate...
18 June 2018 | BRIDGE TO INDIA
Deadline for project completion under SECI’s 1,000 MW rooftop solar tender for installation on public sector sites is coming up at the end of June 2018. The tender was issued back in December 2016. Because of various...
12 February 2018 | BRIDGE TO INDIA
Gujarat Urja Vikas Nigam Limited (GUVNL), Gujarat government holding company for power distribution and transmission businesses in the state, announced a new 500 MW solar tender last week. The tender has an innovative provision in the form of a 500 MW green-shoe option. If GUVNL deems the lowest auction tariff attractive, it can exercise an option to increase the tender capacity up to 1,000 MW...
15 January 2018 | BRIDGE TO INDIA
Last week, we wrote a special bulletin about safeguard duty and its implications for various ongoing and under tender projects. The Director General of Safeguards’ recommendation for provisional duty of 70% has put the industry on tenterhooks. Investors, developers, contractors and...
