New Delhi: To address the issue of land availability for clean energy projects, India will set up solar and wind projects on fallow land along its international border with Pakistan, according to a top government official. The idea was first mooted by Prime Minister Narendra Modi and will help tackle the problem of Read more
New Delhi: India is confident of achieving its ambitious target of 100 gigawatts (GW) solar power by 2022 despite the imposition of a safeguard duty on imported solar components, said the top bureaucrat in the ministry of new and renewable energy. “We will definitely not only meet the target but will Read more
Mumbai: The ministry of new and renewable energy is set to cap India’s solar power tariffsat ₹ 2.5 and ₹ 2.68 per unit for developers using domestic, and imported solar cells and modules, respectively, according to an internal note reviewed by Mint. In the letter dated 24 August, Dilip Nigam, an adviser with National Solar Mission, Read more
Mumbai: India will not be able to achieve its ambitious target of generating 100GW solar power by 2022, ratings agency Crisil said. In a report, Crisil’s industry research arm said that in the best-case scenario, the country will touch 78-80 GW, against the current capacity of 21.65 GW. Crisil expects Read more
Investment opportunity Scenario in Indian Solar Industry Renewable energy sources have a combined installed capacity of 81+ GW, pegged at around 22% of the country’s total energy capacity. Solar power accounted with a share of 36% (30 GW). Solar power capacity has increased by more than 11 times in the Read more
Benchmarks Project Capital Cost as per CERC In order to determine the level of the feed-in tariff, the Central Electricity Regulatory Commission (CERC) has produced a benchmark capital cost of INR 50.12 million/MWp for solar PV power projects commissioned during fiscal years 2016-17. This capital cost is considered to be Read more
Technical and Financial Input Data Key Financial Indicators Sensitivity Analysis Profit Loss Statements With Cash flow accruals (For 10 Years) Read More
Mumbai: In a first, Karnataka has stopped the building of new solar energy projects, balancing its renewable power purchase obligations and concerns on the financial health of the state’s power distribution companies (discoms). Last month, the Karnataka Electricity Regulatory Commission said there will be no further bidding to procure solar energy Read more
The International Solar Alliance (ISA) has achieved global disruption by bringing down the cost of solar-powered agricultural pumps by half, according to three people aware of the development. India’s state-run Energy Efficiency Services Ltd (EESL) conducted the largest global price discovery exercise by aggregating the demand from 22 ISA member nations, in Read more
Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, said two people aware of the development, requesting anonymity. “Both parties have completed due diligence of the assets and submitted binding offers for Read more