75% local content in JNNSM 2nd Phase – MNRE
Against the backdrop of the recent episode in which the United States dragged India in World Trade Organization (WTO) for local content requirement in JNNSM Ist phase, the ministry of new and renewable energy has come out with a bold
Wind majors selling assets to avert indebtedness
Wind power majors of the likes of Suzlon, DLF etc. are now looking for buyers who can buy their wind portfolios which will provide an opportunity for the former to raise capital and abrogate a situation of indebtedness. Regulatory failure
India drafts Offshore wind energy policy
India recently unveiled a draft policy, for offshore wind energy development in the nation. Offshore wind farms are preferred because of the non-availability of land in densely populated coastal areas with high wind potential. The added efficiency of offshore wind power
Hydro Power – not renewable yet
Owing to sluggish capacity addition of hydro power projects in the country, the hydro sub group recently had recommended power ministry to declare all hydro power projects as renewable, which the later refuted. Currently only those projects, having an installed capacity
IWPA knocks GoI to reinstate Accelerated Depreciation
Indian wind power association (IWPA) has issued a press release urging Government of India to restore the benefits of Accelerated Depreciation (AD) to wind power producers, which was surprisingly withdrawn in April 2012. IWPA on behalf of small and medium
First amendment to Chhattisgarh’s REC RPO regulations
Chhattisgarh State Electricity Regulatory Commission (CSERC) recently brought an amendment to their RPO –REC regulations . The amendment mainly highlights the issue raised by obligated entities where there is an excess purchase of renewable energy/renewable energy certificates. They have requested
MP introduces new tariff for wind and bagasse based cogen plants
Hon’ble MPERC recently unveiled its wind tariff order 2013 for procurement of power from wind energy generators. For new wind projects commissioned after 26.03.2013, the tariff has been set as Rs. 5.92 per unit. The commission has considered Rs. 596
Punjab releases NRSE Policy 2012
Punjab released their renewable energy policy ‘New and Renewable Sources of Energy (NRSE) Policy – 2012’ on 26th December, 2012 with an objective to develop and promote new and renewable sources of energy
Chattisgarh APPC for FY 2012-13
On 14th December 2012, Hon’ble Chattisgarh State Electricity Regulatory Commission (CSERC) rolled out its pooled cost of power purchase for Chhattisgarh State Power Distribution Company Ltd. (CSPDCL), Bhilai Steel Plant (BSP-TEED) and Jindal Steel (JSPL). As per this order, APPC
Gloomy weather over REC market
Last month's REC trading session has brought the REC market on the verge of vanishing soon. With no sign of strict enforcement happening and a drop of 40% demand shows that the obligated entities have the least interest to participate