The government should consider offering a 50% capital subsidy for setting up R&D and quality testing infrastructure within the manufacturing units and a 200% super-deduction for the R&D expenditure on new and clean solar technology development. Simultaneously, it should look at implementing tariff barriers on imports for at least four-five years.
The solar plant in Chitrakoot takes Adani Green Energy’s total operational renewable capacity to 2975 MW—a step closer to its vision of 25 GW capacity by 2025.
Uncertainty around generation compensation in the event of curtailment due to grid safety reasons and the requirement to maintain at least 33% wind project share in the total contracted capacity are among the deciding factors in tariff assessment.
The state—which is already home to 2250 MW Bhadla Solar Park—is on pace to complete a 925 MW Nokh Solar Park in the Jaisalmer district.
With this solar win, Sembcorp Industries’ renewables portfolio has swelled to over 3 GW in operation and under development across Singapore, China, and India.
State Discom Kerala State Electricity Board Limited (KSEBL) will procure the solar electricity generated from the project under a 25-year power purchase agreement.
The 2,000ha installation, which will surpass in scale a 150 MW plant in China’s Anhui province, will reportedly require a INR3,000 crore investment.
Bidders have until March 1 to bid for setting up the cumulative grid-connected solar PV capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics—in Cuddalore and Tiruvannamalai districts.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.