The state government does not seem to have a coherent policy on solar rooftop systems. On one hand, MSEDCL wants to discourage them by proposing to levy a surcharge and going in for gross metering instead of net and on the other,
Power trading solutions provider PTC India today announced that it has operationalised the flow or supply of 126 MW inter-state wind power commissioned capacity to different beneficiary states under government scheme. The power will flow (be supplied) to Uttar Pradesh, Bihar, Jharkhand, and Odisha, a PTC India statement said.
Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days.
The Ministry of New and Renewable Energy (MNRE) has written to the central and state governments as well as public sector implementing agencies, asking them to follow a set timetable for tendering of solar photovoltaic (PV) capacities.
It was five years ago that Dr AP Sreekumar, a staunch environmentalist, installed a rooftop solar power plant at his house in Chengannur in Kerala’s Alappuzha district. Little did he know then that one day it would help save lives during the devastating floods in the state.
The government has set a schedule for state companies and official agencies to float solar tenders in a move aimed at spacing out the offer of large project capacities and preventing distortion of the market.
The Indian solar sector received investments to the tune of $1.86 billion in the second quarter (Q2) of calendar year (CY) 2018 according to Mercom India Quarterly Market Updates. Investments declined 26 percent quarter-over-quarter compared to $2.5 billion that poured into the sector in Q1 CY 2018.
The country’s largest electricity trader, PTC India Ltd, is exploring the possibility of exiting its wind power business and is scouting for investors for this, said two people aware of the development. This comes against the backdrop of India’s renewable energy tariffs hitting a record low.