Author: Prasanna Singh

NTPC Crosses Key Milestone of 1 GW Renewable Capacity

NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […]

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Top 5 Takeaways From Intersolar 2022 In India

Intersolar 2022 in Ahmedabad, or the Smarter E India as it is called in India now, finished up last week. Held from December 7 to 9 at the Helipad centre in Gandhinagar, near Ahmedabad, the event continued on the substantial shifts we have been observing in the solar and related spaces since this year started. […]

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Solar Loans Firm Goodleap Announces 15th Securitisation of Its Loans

GoodLeap, LLC, a leading digital marketplace for sustainable home solutions in the US has announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-4, the 15th securitization of loans originated by GoodLeap. Lime Residential, Ltd. (a Credit Suisse affiliate) sponsored the transaction and Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., and Goldman Sachs & […]

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In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers

In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […]

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APTEL Cites Unlawful Process in UP To Restore Bid Prices For Adani Green Energy

In a judgement that is as much an indictment of almost all the bodies involved in the Uttar Pradesh power sector. the Appellate Tribunal For Electricity (APTEL) has come down heavily on UP New Energy Development Authority (UPNEDA), UP Power Corporation Limited (UPPCL), UP Transmission Company Limited (UPTCL) and the state regulator UPERC. In its […]

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SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI

It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […]

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Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues

Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […]

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Farm Fires Impact On Solar Generation In North India

It’s the beginning of winter, and yet again, almost as regularly as the South West monsoons leaving the country, we have the onset of air pollution, especially over North India. As AQI (Air Quality Index) levels rise, air purifiers are brought in, while others hope the measures taken by their local governments will help. For […]

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Draft National Wind Repowering Policy 2022 Finally Out

The Ministry of New and Renewable Energy (MNRE) has finally come out with its draft policy for Wind Repowering. The move is significant, and potentially a game changer for the sector considering the possible impact it can have on existing wind energy capacities. Wind energy capacity in India, as of August 2022, was at 41.4 […]

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