One Nation, One Grid, One Price
The Indian power sector is set for a revolution with the proposed market-based economic dispatch (MBED) mechanism. MBED aims to establish a uniform pricing framework that prioritizes the least cost and most efficient generators while backing down more expensive ones, thereby creating a national merit order.
India’s renewable energy subsidies fell nearly 45% since their FY 2017 peak
A new report finds that renewable energy subsidies in India fell by 45% from INR 15,470 crore (US$2074 million) in the fiscal year (FY) 2017 to INR 8,577 crore (US$1150 million) in FY 2020.
Electricity demand in India to grow at 6% in FY2022
Ratings agency ICRA maintains a negative outlook for thermal power generation despite a rise in electricity demand. The thermal plant load factor will remain subdued at 57%. The gap between the average cost of supply and the average tariff for discoms is estimated at 70-75 paise per unit for FY2022.
SECI tenders 1.2 GW solar in Karnataka
Developers have until September 3 to bid for the solar projects to be set up on a build-own-operate basis in Karnataka.
IndiGrid acquires 100 MW solar assets from Fotowatio Renewable
With this, India Grid Trust (IndiGrid) has become the first infrastructure investment trust in India to acquire renewable energy assets. The acquisition of 100 MW solar assets from the Spanish developer was done at an enterprise value of INR 6.6 billion.
Earth sciences ministry revisiting weather forecast approach to suit solar sector needs
The Ministry of Earth Sciences will strengthen meteorological forecasting activities in sync with the demands of the solar and wind energy sector stakeholders. It is already working on a five-year (2021-26) plan, said M. Rajeevan, Secretary, MoES, at a virtual workshop conducted recently.
Hyderabad International Airport adds a second 5 MW solar plant
With this, the GMR Hyderabad International Airport now has an aggregate 10 MW solar capacity operational for captive use.
Solar module cooling techniques for the desert
Saudi scientists have tested several cooling technologies for solar panels and have found that active techniques work better than passive ones under harsh climatic conditions. The most effective one consists of a system based on four heat pipes immersed in a box of liquid, as liquid bulk, integrated with the back of the solar panel.
NHPC tenders 600 MW solar EPC work in Rajasthan
The state-owned hydropower producer has already identified the land for the solar project in village Deora of the Jaisalmer district. It shall acquire the land on a long-team lease basis to develop the project.
NTPC to set up India’s largest solar park at Rann of Kutch
The state-run power producer will set up a 4.75 GW solar park at Rann of Kutch—a saline desert in the Indian State of Gujarat.
