Markets & Policy

The integrated power producer will sell solar power from the Gujarat plant to its licensed distribution business unit at an INR 2.22/kWh tariff.

Gujarat tops the list of Indian states with respect to installed solar rooftop capacity, as it has already achieved around 40 percent of its allotted target. The persisting pandemic has slowed down the pace of capacity addition but policy incentives like SURYA- Gujarat are paving way towards Gujarat’s clean energy transition.

Coronavirus disruption has been cited as the chief culprit as imports from China, Thailand and Vietnam slumped from April to January, but safeguarding duty also appears to have had an impact, with unaffected imports from nations such as Myanmar, Chad and Russia on the rise and Malaysian trade keeping steady.

Bharat Heavy Electricals Ltd (BHEL) seeks module supply partners for an aggregate 750 MW of panels as it intends to participate in the tender for 500 MW Rewa solar park in Madhya Pradesh. Bidding closes on April 27.

New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it sees a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.

The Chinese solar manufacturer has launched the 670W Vertex solar module in India that offers an efficiency of up to 21.6%. It has also fielded two models of panel tracking solutions from its TrinaTracker business. 

The UK-based flexible solar film developer is expanding into the Indian market with Thermax as its market development and manufacturing partner. 

Tata Power brings technology and financial strength to set up the distributed, small-scale solar power systems in rural areas and provide round-the-clock power supply to households and businesses. CSC brings to the partnership village-level entrepreneurs to provide quick, low-cost service support. 

The renewable energy producer plans to utilize the capital raised to repay outstanding debt. The bonds, with a maturity period of 7.25 years, carry a 4.5% per annum rate.

Time-of-use (ToU) tariff can be applied to encourage domestic and industrial consumers to shift their electricity usage to non-peak hours, thereby reducing the system’s load during peak periods. A new study examines the feasibility of the ToU tariff policy in the state of Gujarat. It also suggests a framework and effective roadmap for the utilities to understand the procedure and required infrastructure to implement ToU.