You are here

Re-negotiation of contracts with renewable energy players discourages investment in sector: WWF-India report

By : Sustainability ..., Dec 5, 2019

The renegotiation of contracts with renewable energy players is impacting the viability of investments in the sector according to a report by WWF-India. The report titled, “The Rise of Renewables: Are You REDE?” said, “The fall in Renewable Energy (RE) prices, as a result of...

Read more..

Centre, Andhra reach a compromise on green contracts

By : Sustainability ..., Nov 29, 2019

The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended...

Read more..

India asks state-run firms to clear over $1 billion owed to green energy firms - sources

By : Sustainability ..., Nov 27, 2019

India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind...

Read more..

Andhra Pradesh contests HC order prohibiting revision of PPAs

By : Sustainability ..., Nov 13, 2019

The Andhra Pradesh government has challenged an order passed by a single-judge bench of the state high court restraining the government from renegotiating or revising power purchase agreements (PPA) signed with renewable energy companies, saying the court order is “bad in law...

Read more..

AP discoms seek steep cut in solar, wind tariffs across all existing PPAs

By : Sustainability ..., Oct 14, 2019

Opening a new phase of sorts in the ongoing tussle with renewable energy players, Andhra Pradesh power utilities on Friday filed three separate petitions before the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking reduction in tariff across all the existing...

Read more..

Cap renewable energy tariff at Rs 3 per unit under NTPC, SECI auctions: Ind body

By : Sustainability ..., Jul 16, 2019

National Solar Energy Federation of India has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned NTPC and Solar Energy Corporation...

Read more..

Mytrah Energy wins PPA bid for 300 MW wind power unit in Tamil Nadu

By : Sustainability ..., Sep 18, 2018

Independent power producer Mytrah Energy (India) has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for setting up a 300 MW wind power plant in...

Read more..