The clarification came after States reacted wrongly to the power ministry’s recent order providing a moratorium on conventional power payments and started stopping payments or curtailing renewable power.
Interested solar EPC contractors can now submit expressions of interest till April 30 to get empaneled with the state-owned Central Electronics Limited.
Yinson will pay Rs 554 million (RM32 million) for the stake, and additional funding of Rs 600 million (RM35 million) to repay certain outstanding liabilities of the Indian independent power producer which has two plants in the massive Bhadla Solar Park.
This article talks about the areas the government needs to address both immediately and in the long run to help the ailing solar industry in the country.
Disruptions in the industrial and commercial activities due to Covid-19 lockdown have further dented electricity demand in India which already registered a discernible decline in annual electricity demand. India’s electricity demand in the first 11 months of 2019-20 (April 2019-February 2020) grew by 2.2% (to 1191 billion units) compared with 5.4% annual growth in the same months of previous year.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
Solar season had already started in the month of March. The demand for solar consumption is the highest during April-June quarter as summer picks up. This is the time when factory runs with full efficiency. India was estimated to install nearly 8 GW of solar panels in 2020, in which 90% consumption happens in utility-scale […]
The project involves laying over 300 km of 765 kV double-circuit transmission lines connecting 765/400 kV Lakadia substation to Vadodara substation in Gujarat.
Planning ahead is crucial to ensure the Indian solar industry bounces back quickly and the slowdown is not carried forward to 2021-22, say BloombergNEF analysts even as they estimate 75% fall in PV imports in the first quarter of year 2020 over the previous quarter and revise annual capacity addition forecasts.
The ministry further announced waiver from section 144, Nationwide Lockdown, Curfew, or any other limitation on the number of people required for operation and maintenance of solar power plants. The directive came a day after lobby group National Solar Energy Federation wrote to the ministry asking for waivers.
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