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Solar rooftop cos move tribunal on KERC's order

By : Sustainability ..., Feb 17, 2020

Developers of solar rooftop projects have challenged the Karnataka power regulator’s order in December seeking to do away with net metering for commercial and industrial consumers. Net metering allows developers to sell electricity to the grid and deduct its value from their...

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State discoms’ large dues spark NPA fears in renewable energy

By : Sustainability ..., Feb 17, 2020

Renewable energy projects, which have cornered the bulk of private funding in the power sector over the last six years, could be facing a fresh wave of non-performing assets (NPAs). There is renewed nervousness among banks that lending to renewable power utilities over the...

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Banking and NBFC crisis impeding credit flow for renewable energy sector: CEOs

By : Sustainability ..., Feb 13, 2020

The ongoing crisis in the banking system and the non-banking financial companies (NBFCs) is impacting the growth of the renewable energy sector impeding credit flow for projects, according to chief executive officers (CEOs) and other senior executives of companies operating...

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Solar storage tariff spells trouble for coal

By : Sustainability ..., Feb 10, 2020

When solar power tariff dropped to Rs 2.44 per unit for the first time in May 2017, it set a record for cheapest electricity, busted the myth of renewable power being unaffordable and opened a Pandora’s box for conventional power plants by challenging coal’s dominance as the...

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Rajasthan power commission approves up to 11% hike in electricity tariffs

By : Sustainability ..., Feb 7, 2020

The Rajasthan Electricity Regulatory Commission on February 6 revised the power tariff for different categories of consumers with a projected revenue increase of nearly Rs 4,800 crore annually. The overall increase in power tariff is 11 per cent which will be applicable from...

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Renewable energy: 7592 MW commissioned in first 9 months of FY 2019-20

By : Sustainability ..., Feb 5, 2020

India’s renewable energy capacity addition in the year 2019-20 is likely to exceed year 2018-19’s 8532.22 MW. The country has already commissioned renewable energy capacity of 7591.99 MW up to December in the year 2019-20. Another 34,160 MW is under various stages of...

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Power ministry to track India’s energy security and consumption

By : Sustainability ..., Feb 5, 2020

Raj Kumar Singh, Hon’ble Minister of State (Independent Charge) for Power and New and Renewable Energy and Hon’ble Minister of State for Skill Development and Entrepreneurship released the State Energy Efficiency Index 2019, which tracks the progress of Energy Efficiency (EE...

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MNRE issues clarification for phase II of the solar rooftop programme

By : Sustainability ..., Jan 31, 2020

The Ministry for New and Renewable Energy (MNRE) issued a clarification on Thursday regarding the second phase of the solar rooftop programme, for which it provides Central Financial Assistance (CFA). Meant for the residential sector, the CFA is provided at a 40 per cent of...

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Maharashtra: MSEDCL proposes astronomical GSC for solar rooftop

By : Sustainability ..., Jan 16, 2020

Even as solar rooftop consumers were celebrating the relief given to them by Maharashtra Electricity Regulatory Commission (MERC), MSEDCL has dropped a bombshell. It has proposed astronomical grid support charges, which will make solar power costlier than its own power.

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Green developers in AP lost Rs 1,400 cr since August

By : Sustainability ..., Jan 10, 2020

Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives. “Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60...

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