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
While there is a global move toward increasing the share of low-cost solar and wind electricity in the grid, there is a debate started to explore the impact of achieving a 100% renewable share in the grid. Though there are countries such as Norway, Costarica, Brazil, and Canada, that have Read more
About 90% of the electricity in India is traded through bilateral PPAs between the electricity generators and the Discoms. The exchanges typically trade power on a spot rate and day-ahead market basis. However recently CERC has allowed the trading contracts for a max duration of three months in exchange. In Read more
While solar power installed in the country is about 50GW and contributes to about 8-10% of energy injected into the grid. The impact is significant in the grid in terms of grid stability due to the variable nature of this generation source. In the states like Gujarat, Tamilnadu, and 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
IGAI ( Indira Gandhi International Airport ) has become the first airport in India to run entirely on hydro and solar power after switching to renewable sources of its energy. This step will help in the reduction of energy emissions of 2 Lakh Tonnes CO2 per year, resulting in a 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