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 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 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 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 Read more
Some Frequently Asked Questions Achieving Zero Waste in buildings has become a priority to meet sustainability criteria for the developer. Firstgreen has been assisting for TRUE Certification of building and Zero Waste Certification from USGBC to many Green Building Projects<br 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 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 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 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 Read more
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