No clarity on GST brings confusion for the solar plant developers
There is still no clarity on the rules of Goods and Service Tax (GST) that’s applicable on solar plants and the issue has divided the industry as well as the two state appellate who ruled differently to the individual plea
REC Trade Result – September 2018
Non-Solar: The shortage of Non-solar RECs continues in the current session of September 2018. This session the RECs were traded at the price of INR 1300 at PXIL (30% above the floor price) and INR 1100 at IEX (10% above
CERC announces regulations for implementation of Interstate Transmission System in the country
The Central Electricity Regulatory Commission (CERC) recently announced a regulation called the Central Electricity Regulatory Commission (Planning, Coordination and Development of Economic and Efficient Inter-State Transmission System by Central Transmission Utility and other related matters) Regulations, 2018 which came into
TNERC announces the Pooled Cost of Power Purchase for FY 2018-19
TNERC recently announced an order for the pooled cost of power purchase payable by Tangedco for FY 18-19 under TNERC (Renewable Energy Purchase Obligation) Regulations, 2010). The order has mentioned the criteria, mandatory for a renewable energy generating company for
The government might ask RBI to classify renewable energy projects under priority sector lending
The Ministry of New and Renewable Energy (MNRE) is expected to write to RBI seeking to bring renewable energy projects under the priority sector lending. The development comes to light post there is stress seen in the conventional power sector
HPPC asks SECI to allot solar capacity at fixed rate to fulfill its RPO target
HPPC petitioned to seek in-principle approval of the commission to purchase 250 MW of solar power from SECI under 2000 MW ISTS scheme. HPPC wished to purchase 250 MW of power from SECI at INR 2.93/kWh (excluding trading margin) fixed
Andhra Pradesh Government asks the state discoms to accept full power from the wind developers
Andhra Pradesh Government has asked the state DISCOMs to take all the power the wind developers produce and further pay for it, irrespective of the Capacity Utilization Factor (CUF) of the developer’s project. In one of the state’s order regarding
Industry reacts to the 25% duty as the Supreme Court allows to impose the safeguard duty on imports.
It has been a roller-coaster ride for the Indian Solar Industry and developers when it comes to the safeguard duty implementation. Recently the Supreme Court of India in the matter of the safeguard duty to be levied on imported solar
India to introduce a cap on solar tariff and reduces tender size for manufacturing unit
In a major development, the MNRE has directed the Solar Energy Corporation of India(SECI) to fix the upper permissible solar tariff at INR 2.50/kWh and INR 2.68/kWh for developers using domestic cells & modules (without safeguard duties) and imported products
Solar installations in India drop down in the second quarter : Report
According to a report, solar installations have gone down by 52% in the second quarter of 2018, primarily due to the uncertainties related to trade duty & module price fluctuations. The Q2 installations were at the lowest since Q1 2017