Citing huge losses to solar power developers, the lobby group has urged state-owned utility Karnataka Power Transmission Corporation Limited not to arbitrarily curtail generation from solar power projects that are in any case ‘must run.’
The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.
Three dual renewable energy generation projects are up for grabs with the state owned railway management company having set a tariff ceiling of Rs2.70/kWh for projects which will be dominated by wind capacity.
Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
The developer’s Gujarat business will supply power for Rs2.69 under a 25-year PPA after winning a tender conducted by the Solar Energy Corporation of India.
The tariffs are slightly above Rs2.48/kWh seen in March procurement but still fairly below the levels hit in Maharashtra and Gujarat auctions recently—reaffirming the state’s attractiveness to PV developers.
Wasteful use of water for solar panel cleaning is posing these areas to a high level of water risk. To justify its environment-friendly tag, the industry needs to replace manual cleaning with technologies providing water-efficient solutions.
A new three-man panel will adjudicate in disputes between project developers, national solar body SECI and energy giant NTPC. The board has been established by the Ministry of New and Renewable Energy.
The NITI Aayog has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.
Following UK-based private equity investor Actis dropping the purchase plan, debt-laden Essel Infraprojects is reportedly negotiating the deal with Adani Group for Rs 1,800-2,000 crore.
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