olar power projects proposed by the Solar Energy Corporation of India (SECI) in Leh and Kargil districts of Jammu & Kashmir are in safe regions, according to a top company official. Concerns over the safety and viability of these projects were raised after 40 Central Reserve Police Force personnel were Read more…
The government’s ambitious plan to set up a 7,500 mw (mega watt) solar power project at an estimated investment of Rs 45,000 crore in Jammu & Kashmir’s Ladakh region has whetted the appetite of some 50 topline companies, even as tariff emerged as the key concern. Prospective investors, including major Read more…
Industry players have sought more time from the Solar Energy Corporation of India (SECI) to complete their site visits in Leh and Ladakh districts, where the government plans to set up solar parks with capacity of 7,500 MW. The pre-bid meeting on the mega tender was attended by 51 companies Read more…
Delhi has already turned into a “gas chamber” and many other Indian cities aren’t much better. Quality of life is being compromised nationwide by oppressive levels of air pollution. Meanwhile, the imbalance of payments caused by expensive oil imports has caused the rupee to descend to record levels. Yet this Read more…
The drop in renewable energy tariffs in India is one of the true success stories of the last few years. From around ₹10-12/kWh in 2010, solar tariffs have come down to ₹2.5-3/kWh. Wind tariffs have fallen from ₹4.5-5/kWh to a similar range as solar. There is no longer any doubt that renewables are Read more…
The country’s total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a report by Bridge To India (BTI). The quarterly market report, titled ‘India Solar Compass Q4 2018’, gives a detailed analysis of Read more…
Global energy transition is on a fast track and India is not far behind. India’s absolute commitment towards carbon neutral economy is well appreciated. Prime Minister Narendra Modi is one of the biggest supporters of expanding green and sustainable sources of energy, thereby mitigating risks of damaging the environment. With Read more…
For the past one year, the solar industry has been focusing more on rooftop solar development. An increasing number of states are reforming their net metering regulations. In Uttar Pradesh and Himachal Pradesh, new net metering regulations have been proposed. In April 2018, the Central Electricity Authority issued a draft Read more…
The Cabinet Committee on Economic Affairs (CCEA) approved Rs 8,580 crore for solar power projects developed under the second phase of the Central Public Sector Undertaking (CPSU) scheme, which is expected to add 12 gigawatt (GW) capacity to the power grid between 2019-20 and 2022-23. With this, the long-standing ‘import Read more…
Private equity investor Actis LLP has scrapped its plan to buy the solar assets of debt-laden Essel Infraprojects Ltd, two people aware of the development said. Subhash Chandra-promoted Essel Infra has now initiated talks with ACME Solar Holdings Ltd to sell the same solar energy assets, said the first of the two persons Read more…