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
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