Secondary Solar Market in India

with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital.  To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […]

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UDAY Successfully Achieves Financial and Operational Reform of DISCOMS in India: REPORT

Ujwal Discom Assurance Yojana has been successful in achieving its most important objective of reforming power distribution companies in India. It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and operational reform of power distribution companies (DISCOMs) in India. Twenty six states […]

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Kerala, Arunachal Pradesh and Tripura join UDAY

Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […]

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Make solar power generation easier, fix net meter flaws, officials told

Officials at Dakshin Haryana Bijli Vitran Nigam have been directed to ensure solar power generation easier and fix the net metering flaws. The Dakshin Haryana Bijli Vitran Nigam (DHBVN), in an effort to ratchet up solar power generation, will take steps to make net meters easily available in the city. Sudhir Chabbra, Chief Engineer (commercial), […]

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Solar Power Tariff Falls Down to Rs 4.4 per unit in Tamil Nadu

Solar power tariff in Tamil Nadu drops 40 percent to Rs 4.4 per unit in a year Solar power generation tariff was fixed at Rs 4.40 per unit by TANGEDCO. With this, the tariff came down from Rs 7.10 to Rs 4.40 within a year. The Tamil Nadu Generation and Distribution Cooperation (TANGEDCO) opened the […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Rooftop solar units from third party costs 40 percent cheaper than DISCOMs

Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […]

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DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital

Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […]

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Rays Power and Hilliard Energy collaborates for 150MW Solar Power Project in Telangana

Rays Power Infra announces a strategic alliance with Hilliard Energy to establish a 150 MW solar power project, for an investment of USD 130 million (about Rs 870 crore). “The company’s subsidiary Shining Sun Power has signed a 150-MW project development term sheet with power producer Hilliard Energy, a company incorporated and registered under the […]

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