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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Beyond Odd-even, Delhi apt Solar to threshold Pollution

Delhi Government is on a hurl to mitigate pollution; going beyond its odd-even formula the government has now proposed a ‘green fund’ to keep the air clean through solar plant installations. The Delhi government had recently organised a discussion with the city’s RWAs to formulate effective policies to conserve electricity. Power Minister Satyendar Jain had […]

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Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State

Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […]

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