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Tangedco open to reviewing need for new coal projects

By : Sustainability ..., Mar 3, 2020

Tamil Nadu’s state-owned electricity generation and distribution company, Tangedco, is open to reviewing the need for new coal-fired projects, if there is a clear trend showing that the cost of energy from ‘solar plus storage’ plants is lesser than that of coal. “We are...

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Wind-Solar hybrid tenders: Allowing multiple energy injection points will kill energy storage in its infancy

By : Sustainability ..., Feb 28, 2020

Lobby group the National Solar Energy Federation of India (NSEFI) has raised concern that the draft competing bidding guidelines for hybrid renewable energy projects being prepared by the Ministry of New and Renewable Energy (MNRE) are not in sync with the objectives of...

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Tariff impact to be negligible if utilities invest in EV charging infra

By : Sustainability ..., Feb 26, 2020

Majority of the state public utilities have said that there will be a marginal increase in electricity tariffs if discoms invest in public electric vehicle (EV) charging infrastructure in their respective license areas. While, one state public utility said that tariff could...

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Solar power projects delayed by coronavirus in China may get relief

By : Sustainability ..., Feb 24, 2020

In a big relief to renewable energy projects, the Ministry of New and Renewable Energy (MNRE) will give extra time for the commissioning of power projects that face delays due to squeezing of supply lines from China which is facing deadly spread of coronavirus. On the lines...

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Centre weighs new green energy board to calm investors’ nerves

By : Sustainability ..., Feb 20, 2020

Concerned with dwindling investor interest, the Union government plans to set up an inter-ministerial body to settle various issues faced by the green energy sector and attract billions of dollars in investments to successfully execute the world’s largest clean energy...

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After Andhra shock, govt plans tribunal to enforce power pacts

By : Sustainability ..., Feb 19, 2020

The Union government plans to set up a new tribunal solely to enforce power purchase contracts, power and new and renewable energy minister Raj Kumar Singh said, creating an additional legal safety net for investors. The National Democratic Alliance government, which is...

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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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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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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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