Policy

The Directorate General of Trade Remedies (DGTR) has granted an extension till May 11 for the solar manufacturers and importers to file their responses as it probes the need for continuing with the imposition of safeguard duty on solar cells, whether or not assembled into modules.

Liquidity of solar generators remains largely unaffected as they have been receiving payments from Discoms regularly. Azure and Adani Green Energy restricted groups, in particular, have comfortable liquidity position and will be able to meet their mandatory expenditure in the next six to 12 months.

Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network paying no more than Rs2.71/kWh for the electricity generated under a 25-year contract.

The subsidies to renewable energy went from a high of Rs 15,313 crore in FY2017 to Rs 9,930 crore in FY2019. At the same time, government subsidies for oil and gas went up from Rs 40,762 crore in FY2017 to Rs 67,679 crore in FY2019. Unprecedented resource crunch post-Covid-19, however, presents a good opportunity for the government to rein in specific fossil fuel subsidies while creating more fiscal room for promoting renewables and other welfare schemes—according to a new report by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW).

Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.

Distributed generation with battery storage can revolutionize solar development in India in the shortest time period with minimal investment.

A blanket extension equivalent to the period of lockdown and additional 30 days for normalisation after the end of the lockdown is allowed for completion of solar projects.

The draft Electricity Bill 2020 moves us with a toolbox of structural reforms, towards not only efficient but also a progressive electricity market.

The Indian government is working on the creation of a Rs 10,000 crore (US$1.3 billion) alternative investment fund to provide payments to PV developers.

The new guidelines on Covid-19 lockdown permit certain industrial activities, including the construction of renewable energy projects from April 20, 2020, in areas not identified as containment zones of the country. The industry will, however, have to abide by the safety protocols.