More than 3 GW of solar projects were tendered in the month of October, which is more than double compared to September, according to Mercom’s India Solar Tender Tracker. This is the highest capacity tendered in the last three months.
According to the latest notification issued by the Ministry of New and Renewable Energy (MNRE), any delay in the scheduled commissioning date of solar projects due to unavailability of internal execution or transmission system by solar park developers will now be liable to a penalty. According to the memorandum, if the delay in the scheduled […]
Solar projects aggregating 750 MW under development in Rajasthan’s Bhadla Solar Park are facing delays due to land procurement issues. According to Mercom’s India Solar PV Project Tracker, the entire 750 MW capacity
The National Hydroelectric Power Corporation (NHPC Limited), a government-run entity, has received the go-ahead signal from State Investment Promotion Board (SIPB) for 260 MW of grid-connected solar photovoltaic (PV) projects to be developed in Bihar.
The Tamil Nadu Energy Development Agency (TEDA) is seeking expressions of interest (EoIs) from companies and consortia willing to take part in a 500-MW solar project in the state.
Amid fears of a proposed safeguard duty on imported solar cells thwarting India’s solar mission, the government wants to ensure that the duty is prospective in nature, and does not impact ongoing solar projects, a top official in the renewable energy ministry said.
The GST has led to 10-12 per cent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence on solar power equipment under the new regime.
Existing solar energy projects and bidders for new ones must be insulated from the uncertainty of antidumping duties on import of cheap cells and modules to keep their cost calculations intact, minister of power, new and renewable energy RK Singh said.
A mechanism for reducing the risks associated with financing of solar powerprojects and make them viable under the aegis of the International Solar Alliance(ISA) is set to be rolled out in a year, the Ministry of New and Renewable Energy (MNRE) said today.
The viability of solar projects bid at below Rs 3/mWh may be adversely affected if the increase in solar panel prices by 6-7 cents/watt sustains over coming quarters, said ratings agency Icra on Tuesday.