Delay in sourcing of PV modules from China can cause project cost and time overruns, inviting penalties for missing the commissioning date.
Bharat Heavy Electricals Limited (BHEL) has invited bids for supply of minimum 4.62Wp solar cells with five busbars and efficiency of minimum 18.8%. The cells are to be delivered by April 24. Bidding closes on February 21.
Having bagged orders for 470 chargers in pilot stage itself, Bengaluru based electric scooter startup FAE Bikes plans to aggressively expand its IOT enabled EV charging network. The chargers—costing just Rs 10,000—can be set up anywhere including small shops and homes with standard power supply.
The winning startups will receive lab-to-market incubation support at the Clean Energy International Incubation Centre (CEIIC), which has been set up by the not-for-profit platform Social Alpha with support from Government of India and Tata Trusts in Delhi.
Removal of solar trade duties, discom reforms, and better central-state government coordination are prerequisites to increase renewable project development in the country.
Panellists including a government representative and a member of the chief policy thinktank used by Narendra Modi agreed coal will continue as the staple source of Indian power into the mid century and technology should be employed to ‘clean’ it.
The Centre will work as a fast-track mechanism in resolving the investors’ issues and taking the ease-of-doing business ranking to a notch higher.
The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.
The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).
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