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Uttar Pradesh 500MW auction discovers tariff above Rs 3 per unit

By : editor_2, Oct 11, 2018

Higher land and borrowing costs have kept solar power tariff above Rs 3 per unit in the 500 MW capacity auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), a...

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SoftBank to offer ISA members free power from solar plants after 25 years of PPA

By : editor_2, Oct 4, 2018

SoftBank Group’s chief executive officer Masayoshi Son on Wednesday said his company is willing to supply free power from solar projects after the completion of the 25-year tenure of power...

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Solar tariffs set to rise on rupee depreciation, rising interest rates, safeguard duty

By : editor_2, Sep 4, 2018

Solar power tariffs are facing upward pressure thanks to the latest Depreciation of the Rupee against the Dollar, imposition of safeguard duty and rising interest rate scenario....

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Maharashtra power utility starts converting agricultural feeders to solar

By : editor_2, Sep 4, 2018

MSEDCL has started converting agricultural feeders to solar. Initially, 500 MW load will go solar. Energy minister Chandrashekhar Bawankule has decided to convert entire farm pump load to solar...

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India tries one-off smaller solar tender with low ceiling to shrink tariffs

By : editor_2, Aug 31, 2018

India’s Ministry of New and Renewable Energy (MNRE) has written to the Solar Energy Corporation of India (SECI) directing it to hold a one-off smaller 1.2GW solar tender with a significantly...

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MP's RESCO tender attracts over 31 bidders for 35 MW solar rooftop

By : editor_2, Aug 29, 2018

A tender floated by Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) for 35 MW of solar rooftop power attracted 31 bidders, and received the country's lowest tariff quote of Rs 1.58 per unit. ...

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Government sets schedule for state entities to float solar power tenders

By : editor_2, Aug 24, 2018

The government has set a schedule for state companies and official agencies to float solar tenders in a move aimed at spacing out the offer of large project capacities and preventing distortion...

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Tariffs fall at NTPC's solar auction

By : editor_2, Aug 16, 2018

Tariffs dropped at NTPC’s latest auction of 2,000 MW of solar projects on Tuesday, suggesting that developers have not yet begun factoring in the safeguard duty of 25% imposed on imported solar...

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SEZ solar units hit by blind spot in safeguard duty

By : editor_2, Aug 9, 2018

Lack of clarity on whether the 25 per cent safeguard duty (SGD) on imported cells and modules will apply to solar manufacturing plants in special economic zones (SEZs), which account for 70 per...

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Maharashtra Discom plans Rs1.25/unit levy on rooftop solar prosumers

By : editor_2, Aug 6, 2018

Going against the policy of state government to promote solar power, MSEDCL has proposed to levy a surcharge of Rs1.25 per unit on solar rooftop prosumers. Prosumer is a person who produces and...

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