MPUVNL announces new decentralized solar policy and rooftop solar tariff reaches at INR 1.38/kWh
Madhya Pradesh Govt. recently introduced a decentralized solar policy to encourage the development of the decentralized RE projects and applications in the state. The policy allows decentralized RE systems of the following types: Grid-connected RE systems: Category I: On
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
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
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
REC trade results – August 2018
Non-Solar: Non-solar RECs prices continue to rise with robust demand but the clearance volume is constrained due to limited supply availability. This session the RECs were traded at the price of INR 1101 at PXIL (10.1% above the floor price)