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    Govt mulls introducing fixed-cost component in renewable energy tariff

    According to reports, the government is exploring a change in the tariff structure for electricity from clean energy sources to boost India’s efforts to promote a green economy. The ministry of new and renewable energy is contemplating a fixed-cost component to the tariff for electricity generated from renewable energy sources such as solar or wind. The idea is to prevent distribution companies (discoms) shying away from procuring electricity generated by such projects, as they will have to pay the fixed ... Read More »

    Rooftop solar revolution sees sunny days in Karnataka

    According to reports, Karnataka is all set to exploit solar energy in a big way. The state is taking giant strides in meeting its energy needs through solar power. Rooftop solar development has caught on with government and corporate sectors alike. Sun also powers mega infrastructure projects like BIAL and BMRCL. At Kempegowda International Airport, a 0.5 MW solar project was commissioned on six rooftops in March 2016. The project was completed in just two months. Though it contributes a ... Read More »

    A wind of opportunity for Suzlon in AP

    According to reports, a new wind of opportunity is blowing in Andhra Pradesh in the renewable energy (RE) sector and one of the country’s largest wind energy players Suzlon Energy Ltd’s chairman Tulsi Tanti is gung ho about riding it. Though the company’s 400 MW (200 units per annum) rotor blade manufacturing unit at Anantapur is yet to be officially inaugurated, Tanti says its capacity will have to be doubled in one to two years to keep pace with the ... Read More »

    Solar parks with capacity of 7500 Megawatt to come up in Ladakh

    According to reports, the Jammu and Kashmir government has signed an MoU with the Centre for the development of two mega solar parks in the rocky mountainous region of Ladakh with a total capacity of 7500 MW. Minister for Science & Technology, Sajjad Gani Lone today said the government has proposed development of one each Mega Solar Park in the districts of Leh and Kargil. “The State Government has signed MoU with the Government of India for the development of ... Read More »

    Competition for Rewa mega solar park hots up with 20 in fray

    According to reports, the Madhya Pradesh government’s ambitious ultra mega solar park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW each. Hero Future Energies and Mahindra Renewables have put in bids for 500 MW each. Shapoorji Pallonji Infrastructure, Torrent Power and Aditya Birla Renewables among others have put in bids for one unit of 250 MW. ... Read More »

    Biggest Indian solar project stalls as Jharkhand balks at cost

    According to reports, India’s biggest solar power project has stalled as the state which sought bids from generators says it can’t buy the energy at prices it had agreed upon. Winning developers in Jharkhand state are still waiting to sign power purchase agreements almost a year after the tender. In March, Jharkhand awarded contracts to build 1.2 gigawatts (GW) of solar. The state’s power retailer, Jharkhand Bijli Vitran Nigam Ltd, was supposed to sign the power purchase agreements in May ... Read More »

    NLC to give fillip to solar, wind energy

    According to reports, Neyveli Lignite Corporation (NLC) India Ltd is in the process of giving a major push to solar and wind energy initiatives alongside lignite and coal fired power plants, Sarat Kumar Acharya, NLC CMD, said on Thursday. Addressing the gathering after hoisting the tri-colour at the 68th Republic Day celebrations at the NLC, Mr. Acharya said that with construction work for 130 MW solar power generating facility at Neyveli, NLC was in the process of putting up solar installations ... Read More »

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