With different ceiling rates, 7,670 MW solar projects on offer across India

Source: Business Standard, Apr 18, 2018

New Delhi: A batch of solar power projects with a total capacity of 7,670 megawatts (MW) is set to be put out to tender in the next two months where the benchmark tariff will vary according to location. Also, there will be no viability gap funding for bidders, like earlier auctions, to quote lower than the market rate.

For a 3,000 MW project cluster (250MWx12), the maximum tariff payable is set at Rs 2.93 a unit for 25 years. Bidders will have to quote below the benchmark rate. Location of the projects and sale of power will be managed by Solar Energy Corporation of India (SECI), the nodal agency for tendering solar projects.

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An arduous recovery for wind turbine manufacturers

Source: LiveMint.com, Apr 17, 2018

Auctions for wind energy capacity additions are gathering pace and the industry is talking up the business potential. But investors are having none of it. Shares of wind turbine makers Suzlon Energy Ltd and Inox Wind Ltd continue to trend lower. In fact, losses in these stocks deepened, beginning this year, even as the government laid out a road map for auctions and capacity additions.

The government plans to bid out 10 gigawatts (GW) each in the current and next fiscal years, aiming at 60GW cumulative capacity addition target by 2022. One GW equals 1,000 megawatts.

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Over 100 GW of renewable energy projects will be under implementation by fiscal-end

Source: The Hindu Business Line, Apr 03, 2018

New Delhi: The government estimates that over 100 GW of renewable energy projects will be under various stages of implementation before the current financial year ends.

Speaking at the launch of the Thirty Second Edition of the TERI Energy and Environment Data Diary and Yearbook (TEDDY 2016-17), Secretary, Ministry of New And Renewable Energy, Anand Kumar, said, “We have closed financial year 2017-2018 with 68 GW of installed renewable power generation capacity. The government will bid out 10 GW wind power projects, 30 GW solar power projects in 2018-19.”

“The government has already bid out 12.5 GW of wind power projects, 20 GW solar power projects in financial year 2017-2018. These are going to be completed within 13 months from the date of being bid out,” he added. Effectively, the government expects to have over 100 GW of renewable energy projects under various stages of implementation before 2018-19 ends.

Another 6000 MW of wind energy projects would have had been added to this list if the feed-in-tariff model was continued for them, according to Kumar.

Kumar said in addition to bidding out projects, the next focus is on developing solar-wind hybrid projects and off-shore wind energy projects.He said, “We will be coming up with a policy for solar-wind hybrid projects soon. They make sense as the evacuation infrastructure is already in place. The first bids for setting up off-shore wind projects in Tuticorin will come this calendar year. We expect to have 10 GW of installed off-shore wind power generation by 2022.”

In addition to bidding out large projects, the government had also been focusing on smaller projects such as roof-top solar. Kumar said, “The roof-top solar targets have not been met and we will be bringing the feed-in-tariff model to appropriately incentivise these projects.”

 

Centre to amend solar bid rule to allow import duty hike pass through

download (4)Source: Business Standard, Mar 15, 2018

New Delhi: The Centre is set to amend the bidding rules to allow the pass through of duty hike in solar energy programme after the recommendation of 70 per cent safeguard duty on solar cells.

“The duty structure prevailing at the time of bidding will apply. Any change in taxes and duties would be passed through. Current bidding document provides for passing through taxes only.

We would provide for passing through taxes and duties,” Union Power Minister RK Singh said.

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Modi, Macron inaugurate UP’s biggest solar power plant

Source: The Hindu Business Line, Mar 12, 2018

Dadar Kalan: Prime Minister Narendra Modi and French President Emmanuel Macron today inaugurated Uttar Pradesh’s biggest solar power plant in Mirzapur district’s Chhanvey block.

The prime minister, Uttar Pradesh Governor Ram Naik and Chief Minister Yogi Adityanath received the French president and his wife Brigitte at the airstrip here. The prime minister and the French president pressed a button to energise the solar panels and dedicated the 75 MW facility to the people.

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UP green energy sector gets investment proposals worth Rs 728 billion

download (2)Luckhnow: In a major shot in the arm of Yogi Adityanath government’s efforts to shore up renewable energy in Uttar Pradesh, the green energy sector has attracted private investment proposals worth over Rs 728 billion.

The green energy sector accounted for over 15% of the composite Rs 4.68 trillion worth of Memorandum of Understanding (MoUs) signed during the two-day UP Investors Summit 2018 on 21-22 February.

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Chandigarh to install country’s largest solar energy capacity on water reservoirs

Source: The Economic Times, Mar 07, 2018

In its endeavour to make Chandigarh first renewable city, the Chandigarh administration is all set to install country’s largest solar photovoltaic power capacity of 20 MW over water storage reservoirs.

The UT administration has also tied up with Municipal Corporation to set up solar roof top plants over community centres across the city.

“All government buildings have been provided with solar photovoltaic roof top plants in Chandigarh and now work is in progress to set up such plants on raw water storage tanks and community centres in the city,” home secretary, Chandigarh administration Anurag Aggarwal said while speaking

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