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Monthly Archives: February 2017

PTC India to be nodal entity for supply of wind power

According to reports, PTC India today said it will be the nodal entity for purchase and supply of electricity from wind power projects of 1000 MW auctioned by government. “PTC India is the nodal entity for supplying power to utilities after entering into a power purchase agreement (PPA) with successful bidders,” PTC India said in a statement. It said that with the wind power auction fixing the tariff at Rs 3.46 per unit for 25 years, the stage is now ... Read More »

For whom the bell tolls?

According to reports, as renewable energy prices drop and investors show more than curiosity, conventional sources may take a hit, says M Ramesh  Never have two sit-up-and-take-notice events happened in rapid succession as in the Indian renewable energy sector in the February of 2017. Solar prices at ₹3.29 (averaged over 25 years) and wind at ₹3.46 a kWhr have been events of such signal importance that they practically eclipsed another development in the sector—that of the government allocating a whopping ... Read More »

NTPC commissions 115 MW capacity at Bhadla solar project

According to reports, state-run power producer NTPC today said It has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. “With this, the installed capacity of NTPC’s solar power projects touches 475 MW. The total installed capacity of NTPC on standalone basis has become 41,177 MW and that of NTPC group has become 48,143 MW,” NTPC said in a BSE filing today. NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. ... Read More »

Cheap Chinese imports burn domestic solar cell, module makers

According to reports, Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material worth more than $1 billion. Solar power installations in India reached 4 GW in 2016, up from 883 MW in 2014. Installations are expected to surpass 9 GW in 2017. The Centre wants to ramp up domestic manufacturing to reduce imports of solar ... Read More »

Wind power sector likely to move entirely towards auction-based allocation: Bridge to India

According to reports, following the record-breaking success of the recent 1,000 Megwatt wind power auction, the sector is likely to shift entirely towards auction-based allocation route but this transition may lead to short-term hiatus on the market, renewable energy research firm Bridge to India said in a report. “Indian government wants to tender out 4 GW of wind capacity next year but capacity addition through the tendering process often takes a long time. This may lead to a short-term demand ... Read More »

Wind power bidding at Rs 3.46/unit for 1000MW: Devansh Jain, Director, Inox Wind

According to reports, in an exclusive chat with ET Now, Devansh Jain, Director, Inox Wind speaks about the great capacity expansion, the auction and the current projects. ET Now: Let us talk about the auction how much power are you expected to generate post the bid? Devansh Jain: We had bids ranging from Rs 4 to 4.72 to begin with which obviously kind of kept going down as the option to place I think as the auction lasted for close to ... Read More »

Mittal plans 600 MW solar farm in Karnataka

According to reports, the world’s largest steelmaker ArcelorMittal may set up a solar farm on land allotted to it for the proposed 6 MT Karnataka project in view of excess global steel capacity and delays in securing raw materials. It had entered into a pact with Karnataka government for setting up a 6 million tonne steel plant with a captive 750 MW power plant at an investment of ₹6.5 billion. “In view of excess capacity of steel world-wide and uncertainty ... Read More »

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