Monthly Archives: July 2018


25 per cent solar duty would raise solar projects’ bid tariffs to Rs 3.2 per unit

The average global price of modules is also expected to come off from the current $0.30 per watt peak to $0.27-0.28 per watt peak by the end of this fiscal due to weakening demand in China New Delhi: The 5 per cent safeguard duty on solar cells recommended by the commerce ministry is likely to [...]

By | 2018-07-17T17:14:19+00:00 July 17th, 2018|News|0 Comments

After Flying High for Months, Spot Power Price Declines to USD 3.73/kWh in June 2018

  In June 2018, spot power price stood at ₹3.73 (~$0.054)/kWh. This recorded price proved to be a trend reversal of sorts for spot power prices over the past few months. In June 2018, the spot power price was over 20 percent less than the ₹4.67/kWh spot price recorded in May 2018. However, compared to the spot [...]

By | 2018-07-17T10:30:09+00:00 July 17th, 2018|News|0 Comments

Power regulator approves NLC India application for inter-state trading licence

  Power sector regulator Central Electricity Regulatory Commission (CERC) has approved state-run lignite miner NLC India Ltd's application for an inter-state trading license.  "On consideration of the materials on record, we are satisfied that the petitioner company meets the requirements of the Act and the Trading Licence Regulations for grant of inter-state trading licence for Category 'I'. Accordingly, we direct that [...]

By | 2018-07-17T08:55:41+00:00 July 17th, 2018|News|0 Comments

Solar projects: Developers appeal to UP Govt not to cancel bids post auction

MUMBAI, JULY 16 The National Solar Energy Federation of India (NSEFI), representing solar energy developers, has requested the Energy Minster of Uttar Pradesh to intervene and stop the possible canceling of 1000-MW solar PV auction conducted last week by the Uttar Pradesh New and Renewable Energy Development Agency (Upneda). The reverse auction for grid-connected solar [...]

By | 2018-07-17T05:16:26+00:00 July 17th, 2018|News|0 Comments

India ministry urges duty on Chinese solar cells, modules

NEW DELHI (Reuters) - India’s trade ministry on Monday recommended imposing a 25 percent duty on imports of solar cells and modules from China for one year to try to counter what it sees as a threat to domestic solar equipment manufacturing. Falling prices of solar cells and modules, over 90 percent of which India [...]

By | 2018-07-17T03:14:21+00:00 July 17th, 2018|News|0 Comments

Solar home systems and microgrids may develop into $64 billion market by 2030

Of the 238 million new households to get electricity between now and 2030, 72 million will use solar home systems and 34 million will benefit from microgrids. New Delhi: Solar home systems and micro-grids could develop into a $64 billion market by 2030 as the global energy industry is still not capable of serving around 14 per [...]

By | 2018-07-16T17:31:05+00:00 July 16th, 2018|News|0 Comments

You’re paying Rs 5,000 cr for Mahavitaran’s faults

Indiscriminate signing of PPAs results in 5,800 MW of capacity remaining idle Faulty planning by the state power distribution utility, Mahavitaran Ltd, with regard to power purchase agreements (PPA) has put an annual burden of about Rs 5,000 crore on consumers. This was revealed in a mid-term tariff review petition filed by the utility before [...]

By | 2018-07-16T08:40:58+00:00 July 16th, 2018|News|0 Comments

SUN Mobility plans up to 100 battery swapping stations by FY19 end

  In a boost to India’s electric vehicle (EV) infrastructure network, Chetan Maini-led start-up SUN Mobility plans to set up the first batch of its battery-swapping stations for electric two and three-wheelers across the country in the last quarter of this fiscal, a senior executive said on Thursday. The Bengaluru-based start-up is yet to set [...]

By | 2018-07-16T08:35:19+00:00 July 16th, 2018|News|0 Comments

DMRC to get green power from Rewa solar plant in two months

The DMRC had signed a power purchase agreement (PPA) with the RUMSL to get green power from the latter to run its trains in the national capital.  Bhopal, July 15 (PTI) The Delhi Metro Rail Corporation (DMRC) will start getting green power from the Madhya Pradesh-based Rewa Ultra Mega Solar Ltd (RUMSL) in the next [...]

By | 2018-07-16T05:35:18+00:00 July 16th, 2018|News|0 Comments

Total global corporate funding in solar sector at $5.3 billion in January-June this year: Report

Total global corporate funding in the solar sector touched USD 5.3 billion in the first half of this year, up 15 per cent over last year, amid uncertainty in the industry owing to Trump tariffs and the Chinese subsidy pullback, global consulting firm Mercom Capital Group said Total global corporate funding in the solar sector [...]

By | 2018-07-16T05:29:02+00:00 July 16th, 2018|News|0 Comments
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