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MNRE issues clarification for phase II of the solar rooftop programme

By : Sustainability ..., Jan 31, 2020

The Ministry for New and Renewable Energy (MNRE) issued a clarification on Thursday regarding the second phase of the solar rooftop programme, for which it provides Central Financial Assistance (CFA). Meant for the residential sector, the CFA is provided at a 40 per cent of...

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Maharashtra: MSEDCL proposes astronomical GSC for solar rooftop

By : Sustainability ..., Jan 16, 2020

Even as solar rooftop consumers were celebrating the relief given to them by Maharashtra Electricity Regulatory Commission (MERC), MSEDCL has dropped a bombshell. It has proposed astronomical grid support charges, which will make solar power costlier than its own power.

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Green developers in AP lost Rs 1,400 cr since August

By : Sustainability ..., Jan 10, 2020

Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives. “Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60...

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Ray of hope as Andhra Pradesh starts clearing renewable dues this week

By : Sustainability ..., Jan 6, 2020

Ending months of impasse and uncertainty, the Andhra Pradesh government has started clearing arrears to renewable energy companies, providing partial succour to close to 5,000 MW of green energy projects. The projects have been battling amplified risks since chief minister Y...

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SECI invites EoI to purchase power for blending with renewable sources

By : Sustainability ..., Jan 6, 2020

Solar Energy Corporation of India Ltd (SECI) intends to blend inherently unsteady renewable power with power from steady generation sources including coal-fired thermal plants. “The objective of blending is to make firm power available round the clock in order to meet the...

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MNRE issues draft policy for round-the-clock supply of bundled renewable power

By : Sustainability ..., Jan 3, 2020

The ministry of new and renewable energy (MNRE) has proposed a draft policy for the supply of Round-The-Clock (RTC) power to discoms which would be a mix of renewable energy and electricity generated in coal-based plants. The idea is to address the biggest issue with large...

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ICRA revises year-end outlook from stable to negative for renewable energy sector

By : Sustainability ..., Dec 31, 2019

ICRA has revised the year-end outlook for the renewable energy (RE) sector, from stable to negative. The sector is facing headwinds because of the long delays in making payments by the state distribution utilities, execution delays for projects bid out over the past two years...

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Renewable energy certificate sales down 10 per cent to 5.04 lakh in December

By : Sustainability ..., Dec 30, 2019

Sales of renewable energy certificates fell around 10 per cent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two...

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UDAY scheme loses power, sharp spike in discom losses

By : Sustainability ..., Dec 23, 2019

Four years after it was launched, UDAY — the NDA government’s “path breaking reform” to revive electricity distribution companies (discoms) — is unravelling. ...

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Rajasthan: Discoms trip on payment to solar firms raises NPA fears

By : Sustainability ..., Dec 9, 2019

Now, the government’s payment crisis has hit the solar sector with the small power developers in the state staring at a prospect of their loans turning NPAs. The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment...

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