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Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023

The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […]

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MNRE Hikes Rooftop Solar Subsidy For Residential Category in Hilly, NE States

In an order communicated via an Office memorandum on January 27, the Ministry of New and Renewable Energy (MNRE) has hiked the Central Financial Assistance (CFA) for installation of Rooftop Solar (RTS) in the residential sector across India. The Programme is being implemented by DISCOMs/State Implementing Agencies. Responding to what it termed representations received from […]

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2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords

As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects  2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […]

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REI Expo 2022 Curtain Raiser

Informa Markets India, the country’s leading exhibitions organiser, is set to host the 15th Crystal Edition of Asia’s largest expo in the RE space, the Renewable Energy India Expo 2022, from September 28 to 30 at India Expo Mart, Greater Noida, Delhi-NCR. At a press meet to announce the event, Informa Markets stressed on the […]

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PM Launches Various Projects And Schemes In Renewable Sector

Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […]

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With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum

Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […]

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Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022

Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […]

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MERC’s Take On Solar Rooftop Sets The Benchmark

In a critical decision for solar rooftop sector in Maharashtra, the state regulator, Maharashtra Electricity Regulatory Commission (MERC) has settled the Grid Support Charge (GSC) issue for good, it seems. With this, state consumers and installers can hope for a much better time for solar rooftops, hopefully. The announcement, hidden deep in the detailed tariff […]

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Despite Delays, OPTCL Gets CERC Nod For GNA

Central Electricity Regulatory Commission (CERC) in its latest order has granted a one-time relaxation to Odisha Power Transmission Corporation Limited (OPTCL), allowing it to submit a delayed application for additional General Network Access (GNA) despite missing the statutory deadline. The Commission said the move was necessary to address procedural and operational hurdles faced by the […]

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