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Haryana gets its first grid connection biogas plant

By : Sustainability ..., May 26, 2020

Haryana’s first grid-connected 1.2 MW biogas-based power plant has been commissioned at a cost of about Rs 14 crore in Morkhi village of Jind district in Haryana. The plant will have an annual power generation of 85 lakh units. The plant has been set up by Mor Bio Energy...

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CERC proposes draft regulation for tariff determination from renewable energy sources

By : Sustainability ..., May 1, 2020

India's power sector regulator Central Electricity Regulatory Commision (CERC) has released draft regulations for determination of tariff from renewable energy sources. The last date for submission of comments on the draft is 28 May, 2020. The regulations will come into force...

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Average renewable energy tariff to remain competitive: Crisil

By : Sustainability ..., Apr 10, 2020

Even as the government’s decision to lift tariff ceiling for renewable energy is likely to give a fillip to capacity addition, the average tariff will continue to be competitive, mainly due to lower module cost and continued tendering of large capacities, ratings agency...

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Tariff adoption has become a huge challenge: Azure Power CEO

By : Sustainability ..., Mar 18, 2020

No longer can renewable energy developers take for granted that the tariffs at which they won projects in auctions will actually be adopted, which is proving a big hurdle for the sector, according to Ranjit Gupta, CEO of leading solar developer Azure Power. The company, which...

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India’s renewable energy generation registers lowest growth in 4 years

By : Sustainability ..., Jan 20, 2020

India’s renewable energy generation grew at a dismal pace of 5.22 per cent in the first eight months of the current financial year (April-November 2019), the lowest rate of growth in the past four years since 2015-16, according to fresh data sourced from the Central...

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Clean power push: Govt adds over 50,000 MW in 5 years

By : Sustainability ..., Jan 14, 2020

The renewable energy sector has made rapid strides under the Modi government with 50 GW plus of new capacity coming into the grid in the last five years. This is despite the doubts being raised over the government’s target of achieving of 175 GW by 2022. The December quarter...

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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...

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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...

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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...

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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...

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