Vikas Srivastava
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NTPC may issue 2.5 mt coal import tender by mid-September
NTPC is planning to issue a tender for import of 2.5 million tonne of coal by mid-September to cater to the growing power demand in the country. The PSU last imported coal three years ago.
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Solar industry fears dark days ahead: Imposition of duty on import of cells threatens projects, say developers
The notification includes solar cells and modules made in SEZs and cleared to domestic tariff area (DTA). Significantly, 40% of module and 60% of cell manufacturing units are located in SEZs.
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Maharashtra discom’s dues to wind energy firms rise to Rs 2,000 crore
Maharashtra State Electricity Distribution Company’s (MSEDCL’s) dues to wind energy firms have risen to Rs 2,000 crore on account of poor recovery from customers even as its distribution losses got reduced to 13% in FY18, from 17% a year ago. MSEDCL’s dues had dropped to Rs 440 crore in August 2017 after it reached a high of around Rs 3,000 crore in early 2017.
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Solar tariff falls again to all-time low of Rs 2.44/unit
Solar tariffs once again matched the record-low rate of Rs 2.44/unit in the latest auction for 3,000 MW capacity.
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Costly land pushes solar tariff to Rs 3.48/unit for 1 GW auction in UP
Solar tariffs jumped to Rs 3.48 per unit at the latest auctions for 1,000 MW, conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), on account of higher land costs and lower irradiance in the region.
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Maharashtra may auction 2,000 MW solar capacity by August 15
The state’s 1,000 MW solar auction in May initially faced troubles, but was eventually completed.
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Uttar Pradesh plans reverse auction for over 1,000 MW solar project by July end
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) plans to conduct reverse auction for its first large solar project of over 1,000 MW capacity by July end.
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600 MW K’taka solar projects stuck over new wheeling, transmission charges
A total of 600 MW solar power projects, set up with investment of Rs 2,500 crore under the open access scheme, in Karnataka.
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Another IBC resolution in sight? NTPC to acquire power plants of Jaiprakash Power and Jindal India
NTPC, India’s largest public sector power producer, is planning to acquire two stressed power projects of Jaiprakash Power Ventures and one of Jindal India on a slump sale basis, as the developers failed to service debt and are now before the National Company Law Tribunal (NCLT).
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Government mulls ‘warehousing model’ for 45k MW stressed power assets
There are 45,000 MW of projects that have recently been commissioned, or are on the verge of getting commissioned.
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National Wind-Solar Hybrid Policy: Projects to cut cost of renewables by a quarter
The cost reduction would be enabled by nearly doubling the generation at a nominal cost, thanks to reduced variability of output through optimal utilisation of assets, where wind turbines and solar systems will be configured at the same grid connection points.
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Govt’s EV Vision 2030 faces big challenges, say experts
Even as the government struggles to set up a clear roadmap for conversion of commercial and passenger vehicles to electric vehicles, various issues pose serious challenges to its vision of 100% electrification of public transport and 40% of personal mobility by 2030.
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Bid submission date for 5,000 MW solar projects likely to be extended
The date of submission of bids for 5,000 MW inter-state transmission system (ISTS)-based solar projects (2000 MW and 3000 MW capacity) under the Solar Energy Corporation of India (SECI) is likely to be extended by a couple of weeks.
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Power-packed: Discoms losing Rs 10k cr/year as coal tolling policy not allowed
Two years since the government allowed flexible utilisation of domestic coal under a tolling policy to reduce costs for generating power, only two states — Gujarat and Maharashtra — have come forward and signed power purchase agreements.
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Solar Power for Agriculture: Sunny days for Maharashtra farmers
The industry thinks the project cost could be lowered if suppliers are charged at 5% even as the erection of inverters and panels and the labour work invite a rate of 18%.
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Financial & Assorted Concessions: Sops for local production in new solar policy
In a move that could brighten the prospect for domestic solar equipment manufacturers, who are in the throes of fighting cheaper Chinese imports, the government is set to finalise a comprehensive solar manufacturing policy by the end of July.
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Adani Transmission ties up Rs 13,250 crore of funds to buy Reliance Infrastructure assets
Gautam Adani-led Adani Transmission has achieved financial closure for the purchase of Reliance Infrastructure’s power generation and distribution business in Mumbai.
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We are at the top globally, our ambition is to become no.1 in India, says Mansi Tripathi of Shell India Markets
Despite the competition from price-sensitive regional players and dominant PSUs, Shell India has grown at a CAGR of 20% in the last 5 years, and with aggressive expansion plans the momentum will continue in the coming years, Mansi Tripathi, managing director, Shell India Markets, told Vikas Srivastava during an exclusive interview. Excerpts:
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Fuel retail: RIL, Essar ramp up presence
The low share of private firms in retailing is despite their substantial share in the country’s refining capacity and production (RIL and Essar together have close to 45% of the refinery throughput right now).
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KEC eyes West Asia solar EPC projects as India orders dry up
KEC International, a major EPC player in the power sector, is planning to shift the focus of its solar power division to projects tendered in West Asia as prospects for solar projects dry up in India.
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World leader shows interest in India’s first ISTS Solar Projects
First Solar India, the Indian subsidiary of world’s largest solar panel manufacturer First Solar, plans to participate in India’s first inter-state transmission system (ISTS) bids for projects being invited by Solar Energy Corporation of India (SECI) and National Thermal Power Corporation.
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Coal shortage may impact power generation even as demand rises
According to the data, there are 11 plants with critical stocks of less than seven days, while 14 plants have a super-critical stock of less than 4 days.
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Essel Infra in talks to sell 3 solar projects
Essel Infraprojects, part of Subhash Chandra-led Essel Group, is in talks with various renewable energy players to sell three of its six solar projects with an aggregate capacity of about 215 mw, even as the company plans to build its solar portfolio by focusing on investments in solar parks.
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Waaree to set up 1,000 centres for solar solutions
In a first-of-its-kind initiative to support the government’s efforts in achieving its ambitious solar power generation target of 100 gigawatt (GW) by 2022, Waaree Energies plans to open around 1,000 solar experience centres in the next one year across India.
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Gas-based power plants: Future of Rs 60000 cr gas projects in jeopardy
In the nine years since natural gas was first discovered in the KG-D6 basin, the talk of priority allocation of natural gas for the power sector and 40% of India’s gas requirements being met from a single field has proven to be hot air!
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‘Companies must adopt Industry 4.0’
Even as the government aims to increase the manufacturing sector’s contribution to 25% of GDP by 2025 from the existing 17%, the progress in the last two years has belied expectations.
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Mahanagar Gas plans mobile CNG services in Mumbai
Mahanagar Gas is planning to start mobile dispensing of CNG in Mumbai this year, especially in regions with last-mile connectivity issues and problems of land acquisition.
