In recent AGM of Reliance group Mr. Mukesh Ambani has reveled his initiatives on Green Hydrogen. Certainly while we are taking large scale deployment of future, green hydrogen can play a vital role in meeting not only the fuel demand of future, but can also act as energy storage option Read more…
The power purchase agreement (PPA) is a long-term contract which is susceptible to many risks and one of the many risks is the change in law. The PPA are susceptible to the risk of change in law when there are unexpected changes made to the laws applicable after the bidding Read more…
India will levy a customs duty of 40% on solar modules and 25% on solar cells from April 2022, according to a government document and two industry sources familiar with the matter, as it looks to cut imports and boost local manufacturing. India wants to ramp up its renewable capacity Read more…
The first solar auction after the announcement of the basic customs duty on solar imports fetched a tariff of Rs. 2.20, much to the surprise of the renewable energy industry. Currently, the lowest tariff discovered in the country is Rs. 1.99 per unit, which was also held by the Gujarat Read more…
Welspun Energy Pvt. Ltd. (WREPL) signed a PPA of a 100 MW solar project with Solar Energy Corporation of India (SECI) that was to be implemented in the Sattara district of Maharashtra in 2016. The PPA was signed at a tariff of Rs. 4.43 per kwh. During the implementation phase Read more…
A petition was filed with Central Electricity Regulatory Commission (CERC) for PPA dispute resolution after ACME Solar Holdings Pvt. Ltd. along with its executing companies ACME Phalodi Solar Energy Pvt. Ltd. and ACME Raisar Solar Energy Pvt. Ltd., terminated this project which they had won at a historically low tariff Read more…
The recent SECI bid of Rs. 2/kWh, has posed a challange to the solar developers whether the existing solar contracts shall remain intact?. Typically the solar PPAs are signed for 25 years and tariff is based on a reverse bidding process. Thee developers bid the tariff based on its capital Read more…
I totally agree that auctions carried by SECI for development of MEGA Scale Solar + Wind and hybrid plants in recent times though yielded extremely low tariff and large financial rewards, but the policymakers are forgetting that it is leading to a huge impact on following Wild life Environment Transmission constraints Read more…
There has been a significant interest of C&I businesses to opt for a Rooftop Solar PPA with the RESCO companies offering them various PPA terms. Though solar power has already attained grid parity, it is important to the business owners to clearly understand the term sheet of a solar PPA. Read more…
In the recent bid of SECI 1070 MW, Saudi firm Aljoemaih energy and Warter Company and Green Infra Wind energy Ltd have been the winners with the historic low tariff of Rs. 2/kWh followed by NTPC bagging 600 MW capacity @ Rs. 2.01/kWh. These projects are to be implemented in Read more…