In this article, we evaluate some of the recent solar bids and discovered a tariff of Rs. 2.30 in the GUVNL Solar bid. We also compare the discovered bid tariff with LCOE to assess the financial viability. There are three factors that affect the financial viability of a solar project. Read more…
International coal prices are trading at over $400/MT; which is an all-time high. This has a cascading effect on the Indian electricity market. The electricity prices are at an all-time high. We are getting an upper circuit on the IEX at Rs. 12/kWh for the spot electricity prices. Due to Read more…
The government of India recently notified the green energy open access. So far the open access by Discoms was allowed only to the consumers who are 1 MW or above capacity, which has reduced 10 100 kW capacity to enable larger sections of C&I consumers to opt for the benefits Read more…
In 2018, Government of India introduced a farmer focused solar scheme with a target of decentralised generation of solar at farmer fields with a targeted installation of 28250 MW over a period of five years, the Scheme was named as PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Read more…
If you are a large consumer and do not have sufficient roof space, put your solar plant somewhere else where the low cost land is available, inject your electricity/electrons in to the grid and withdraw the equivalant amount of energy from the grid at the point of your consumption.. Thats Read more…
The falling price of solar panels and energy storage systems, and increasing grid electricity tariffs, may lead to a situation, where the consumers may do away with their grid connection. In 2015, The Forbes published an study on the Utility death Spiral due to falling PV prices.. Now it looks Read more…
The falling solar tariffs always pose a question on the solar pandits, that is this tariff economical viable.. Every time we come across the new bid result, we start this debate and those who are the winners, claim that the winning tariffs are economically viable, and those who leave the Read more…
Recently the Renewpower has announced its investment plan in Module manufacturing of the order of 2 GW in Rajasthan, with host of benefits from Government of Rajasthan including the SGST benefits, stamp duty benefits and electricity duty benefits. The backward integration of Renewpower is to achieve the cost optimization in Read more…
The falling cost of renewable electricity from renewables has initiated a debate on early retirement of coal based power plants in order to keep the average power procurement cost lower. Many of the coal based power plants are finding it difficult to operate. The Discom power procurement strategies are also Read more…
We have been observing the solar bids in last decade, and trying to decode the winning bid strategy.. What all goes in the winning bid is analysed by the market pandits and again the preperation start for the next big move.. Prof. Thomas Timings Holme says. “After a business implements Read more…