RE Booster

04/03/2023

Models displayed in by Nredcap, Nodal Agency of AP. First one is a 4x250MW Pumped Storage Project in Gandikota and Second one is a 2x250MW Pumped Storage Project in Chitravathi under development. AP has a separate policy for

04/03/2023

An MoU was signed between Andhra Pradesh Govt and PFC India for development of special at ₹30,000 Crores to evacuate the upcoming projects mostly in Rayalseema area of AP. Power Finance Corporation Limited - PFC India Chairman was present on the occasion.

04/03/2023

Andhra Pradesh released its potential study in Meet at . The expected investment AP is expecting is USD 10 to 15 Billion. YS Jagan Mohan Reddy NTPC Power Finance Corporation Limited

28/01/2023

Chinese firms have spent past decade developing cutting-edge technology to produce bigger, thinner wafers that have played a big part in reducing cost of solar power by more than 90%. If foreign manufacturers have to use older wafers, it will diminish cost competitiveness of their panels as per Cosimo Ries of Trivium China.

So China is planning to restrict export of technology and manufacturing lines to countries trying to have their own Solar manufacturing hubs. India has to focus more on R&D than imposing import duties which would temporarily stop Chinese companies.

China’s Ministry of Commerce and Ministry of Science and Technology are seeking public comment on adding some manufacturing methods key to producing advanced solar wafers on to its list of technologies it prohibits exporting.

20/12/2022

Based on industry feedback and situation persisting for >3 yrs, Chandrashekhar Mishra, our Publisher had filed a petition in OERC during July 2022 with Energy Dept, DISCOMs, GRIDCO & OREDA as respondents to streamline Solar Net-metering & Subsidy disbursement.

Subsequent to the 1st hearing on 03.08.22, our Publisher had filed a rejoinder requesting Honorable Commission of OERC to implead some of the Solar consumers, vendors and industry bodies etc. to hear their views.

After 2nd hearing on 16.08.22 & listening to challenges even faced by GRIDCO in accounting Roof-top Solar units in it's RPO & OREDA to get net-metering on time; Hon'ble Commission has decided for a Suo Moto petition.

After hearing on 15.11.22 of this suomoto petition by OERC, there is a consensus among stakeholders about SoP which is prepared by Odisha Renewable Energy Development Agency-OREDA to be deliberated in next hearings to finalise it for development of industry in .

In 3rd hearing on 29.11.22 of this suomoto petition by OERC, hardly any stakeholders participated except OREDA which has submitted a revised SoP of Net, Gross and Virtual Metering.

In 4th hearing on 13.12.22, OERC instructed OREDA to give detailing on all aspects of Net, Gross & Virtual metering. Our Publisher requested OERC to ask T P W O D L - A Tata Power and Odisha Government Joint Venture to present how they are doing net metering in a month for other DISCOMs to adopt.

In 5th hearing on 20.12.22, there was a PPT from TPWODL on prevailing practice of Solar Net-metering they are doing in 15 working days. Our Publisher presented recent Office Memorandum of MNRE regarding penalty for delayed Net-metering to be revoked by OERC.

TP Northern Odisha Distribution Limited has requested OERC to also allow 2kW and above capacity under Net metering instead of 5kW and above. TP Sodl mentioned would go by TPWODL process. But there was no response from T P C O D L - A Tata Power and Odisha Government Joint Venture which holds key for promotion of residential Solar projects.

With this earnest efforts we look forward to an SoP which would be win-win for all stakeholders and would bring in Odisha in true sense. CMO Odisha Invest Odisha

31/08/2022

26/11/2020

Rs.2 per unit Solar Post Covid is a big surprise. A ray of hope for in India. But is it sustainable or dependent on Cheaper Imports and Cheapest Foreign Funding! Then how bid only 1 Paisa more? Interesting days ahead for Mega Solar Projects 👍

Aljomaih Energy & Water Company, a private company based out of Saudi Arabia, has bid the lowest of ₹2 a unit for setting up a solar power generation project.

This new lowest tariff has also been quoted by Green Infra Wind Energy Limited (GIWEL). This company is promoted and owned by Sembcorp Green Infra Limited (SGIL), which is a wholly-owned subsidiary of Sembcorp Energy India Limited (SEIL). It a part of Singapore-headquartered Sembcorp Industries. Sembcorp also holds the record for quoting the lowest wind energy tariff in the country at ₹2.44 a unit.

Aljomaih Energy & Water Company has bid for setting up a 200-MW solar power project at this tariff while Sembcorp has bid for setting up a 400-MW generation capacity.

The next lowest bid in this tender has come from NTPC Limited that has quoted ₹ 2.01 a unit for setting up a 600 MW generation capacity.

In all, the Solar Energy Corporation of India (SECI) wanted to bid out 1,070 MW of solar power generation capacity from domestic and foreign project developers. These Grid-Connected Solar PV Power projects are to be set up in Rajasthan. The Rajasthan Urja Vikas Nigam Limited (RUVNL) shall be the Buying Entity for power generated from these projects.

The new bids are significantly lesser than the previously record low tariffs discovered in SECI bid rounds earlier this year. The previous record low solar bid stood at ₹2.36 a unit. It was quoted by Spain-based Solarpack to set up a 300-MW generation capacity during an SECI tender in June 2020.



Source: , Pic Credit:

18/11/2020

Congratulations Mo Solar team for this wonderful feat. Small Roof-top Solar Plants at individual homes and establishments should be the way forward and what best way to convince one of the Ex-CMDs of and presently being an Independent Director in under of Govt of Odisha.

“This Grid-Interactive Project at residence of CR Pradhan Sir, Former CMD of is designed with Cyclone Resilient Structure to cater to Connected Loads during any emergency situation. This let's pledge for Solar ”

30/10/2020

In continuation to our earlier post, we would like to inform here that some of the Leading Policy Makers of Odisha who took initiatives of adopting Roof-top Solar Projects at their homes/quarters in past few years are:

1. Shri Hemant Sharma, IAS, Former Secretary of during Dec 2018

2. Shri Arun Bothra, Former CEO of (Now ) during Jan 2020

3. Shri Manas Das, Former Director (Commercial) of during Dec 2017

4. Dr. DK Roy, Former Chairman of during Dec 2017

5. Shri Jagadananda, Former RTI Commissioner, Founder of CYSD, Odisha during Jan 2019

6. Shri Arabinda Behera, Retd IAS, Former Development Commissioner, Odisha during Feb 2020

We congratulate all of them for being the for in Odisha.

29/10/2020

We congratulate Hon'ble Energy Minister of Odisha for adopting an On-grid Roof-top Solar Project at his Quarter to promote Solar within Domestic/Household consumers. We hope this project shall play a pivotal role for streamlining disbursement of in Odisha which is in ambiguity since Apr 2019.

Many domestic consumers who have adopted such projects since Apr 2019 are not sure about getting their subsidy.

26/09/2020

USD 100 Million Line of Credit from India to Sri Lanka for Solar Projects:

India has offered a Line of Credit worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement here.

India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.

They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides.

The Indian envoy also handed over a copy of a letter conveying an offer from India to Sri Lanka for a Line of Credit (LoC) worth USD 100 million for three solar projects announced during the International Solar Alliance Founding Conference held in March, 2018 in New Delhi, the statement said.

The LoC will cover financing for rooftop solar systems meant for 20,000 households and 1,000 government buildings all across the island. The combined generation capacity of these rooftop systems will be about 60 MW, it said.

The LoC will also provide financing for a floating solar power plant. The implementation of the LoC will begin with the conclusion of an LoC agreement between the two sides, it said.

The Indian High Commissioner conveyed that the USD 100 million LoC is in line with the national priorities of India and Sri Lanka to enhance the share of solar and renewable energy in overall energy generation, the statement added.

Source: PTI

15/09/2020

DISCOMs/Utilities shall be penalized for delay in permission for Roof-top Solar Project grid integration:

As per a Draft Policy by , roof-top solar projects of capacity up to 5kW will be applicable for Net-metering, and projects above 5kW will be eligible for Gross-metering. The technical feasibility study should be completed within 20 days, and the outcome of the study should be made available to the applicant. DISCOMs need to sign the connection agreement, install the meter, and commission the system within 30 days from the date of submission of the installation certificate by the consumer.

The timeline specified for setting up solar systems by the State Commission should be adhered to by the distribution licensee. However, in case of a delay, the distribution licensee will be liable to pay compensation of ₹500 per day for each day of the default to the consumer.

The energy generated must be adjusted against the energy consumed or the bill amount, depending on whether it is a Net-metering or Gross-metering.

The ministry added that the distribution licensees should prepare the bill every billing cycle based on the actual meter reading, and it should be delivered to the consumer at least ten days before the due date of payment. If the bill is furnished with a delay of 60 days or more, the consumer will be given a rebate of 2% to 5%.

Any bill amount of more than ₹1,000 should be paid online. A suitable rebate will be given to such consumers.

All new electricity connections must be accompanied by a smart prepayment meter (read remotely) or a prepayment meter. Any exception to this will have to be approved by the Commission.

Earlier this year, another government order stressed that though distribution companies can take the help of State Nodal Agencies for implementing the Roof-top Solar program, they have to be at the forefront of its implementation process. The government circular clarified that DISCOMs would be responsible for developing a dedicated online portal where a consumer can apply, and all the approvals can be given in time with transparency. They would also be responsible for its integration with the SPIN portal of the MNRE. Earlier, such a portal was available with most state nodal agencies.



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11/09/2020

Country-wise Solar Energy growth chart from 1995 to 2018. China entered Solar in 2000 but now leading in manufacturing & installation. India started late in 2010, but growth is significant being a democratic country. Next decade should be in

This is a graphical representation which shows the top 15 countries producing maximum solar energy from year 1995 to 2018 This video shows how rapidly countr...

11/09/2020

has signed MoU with Govt of Odisha to develop 40MW Ground Mounted Solar Project preferably in Western Odisha and 40MW Floating Solar Project in Chiplima Power Channel Pond. More details awaited from

05/09/2020

Prioritizing Solar Loans for Entrepreneurs and Farmers will go a long way in developing the Solar Industry in India. Banks and NABARD has a big role to play.

https://energy.economictimes.indiatimes.com/news/renewable/boost-for-renewable-energy-rbi-issues-revised-priority-sector-lending-guidelines/77930948

Bank finance to start-ups up to Rs 50 crore, loans to farmers for installation of solar power plants for solarisation of grid-connected agriculture pu..

02/09/2020

Empanelment process of Solar Integrators started for subsidy linked Domestic On-grid Roof-top Solar Projects in all Four DISCOMs - TPCODCL erstwhile , , and l; by

Odisha Renewable Energy Development Agency (OREDA) invites Request for Proposal for empanelment of vendors for implementation of Phase – II of MNRE’s Grid Connected Rooftop Solar Program in Odisha.

01/09/2020

India to blacklist green firms, promoters feigning covid as exit excuse - LiveMint

RE Booster Analysis: Wind & Solar were already down since Oct 2019, still developers to earn the fame, went aggressively bidding for lower Tariffs every now and then. Now it's tug of war between Developers n Govt. Frequent changes in policies and overaggression killing in India.
https://www.livemint.com/companies/news/india-to-blacklist-green-firms-promoters-feigning-covid-as-exit-excuse-11598926782808.html

The govt also plans to censure promoters of such companies, preventing them from taking part in future projects