It is interesting to note that the solar tariffs which went as low as Rs.2.0/ KWH a year back are now heading upwards. last month we observed the solar pit tariff as Rs. 2.45/KWH in one of the SECI pits. Now the state distribution company of Maharashtra MSEDCL has discovered Rs.2.90 as the lowest tariff which shows an upward trend.
Following blatant abuse of the program, the Central Board of Indirect Taxes and Customs (CBIC) has revoked the concessions it had granted under the bonded warehouse scheme, which had allowed solar developers to postpone paying the high import duties on solar cells and modules that became effective on 1 April.
Due to increased demand for electricity, the power sector and power producing companies are experiencing increased electricity production by means of renewable energy sources (RES) and distributed generation (DG). The major issue arises for a common man when their monthly bills pile up. One solution recommended by the government is to utilize solar energy as a substitute.
India and Africa are partners in progress. They can bring cost-effective solutions in logistics, healthcare & education, solar power, and other electricity means. India can help Africa to manufacture vaccines as well. They looked as partners in progress and together can bring cost-effective, affordable, and designed for the local population Read more…
Recently Niti Aayog released a new portal named as “India Energy Dashboards”. This is a great initiative by the government to put data access in the public domain. Though the present regulatory data related to Discoms is available for Maharashtra only. Also the data is available up to 2018. here Read more…
Concerns about climate change have prompted governments around the world to set net zero carbon emission targets by 2050 in order to limit global warming to 1.5 degrees Celsius before irreversible environmental disaster occurs. India has also taken its net zero targets and building centre contribution close to 30% carbon Read more…
The government is introducing the Electricity (Amendment) Act, 2022 & a draft copy of the Electricity Amendment bill is available for public comment. The initiative of amending the Electricity Act, 2003 by the Union Government facilitates the bottlenecks faced by consumers to poor off-taker credibility. The consumers are currently stuck Read more…
The recent report released by Niti Aayog “India Green Stimulus Report” highlights the status of Indian Discoms in terms of their profitability. Over 80% of the Discoms are in RED. During the Covid period, the financial health of these Discoms has worsened. Discoms owed a total of Rs 1,17,026 crore to Read more…
The recent report released by Niti Aayog highlights the CAGR (Compound Annual Growth Rate) for various sources in India’s electricity grid over the last decade. While the typical CAGR of new capacity addition is of the order of 5%, renewables to about 20% of the total installed capacity with the Read more…
Most solar power procurement in Indian solar projects is done by SECI, a central government agency, while the power purchases are also done by state Discoms to meet their RPO targets and the rising power demand. As observed in most of the solar PPAs, the solar tariff discovered in State Read more…