NSEFI demands 12-month blanket extension of ISTS charges and losses waiver
The lobby group has asked the ministry that the interstate transmission charges waiver be extended to cover solar and wind projects that get commissioned up to December 31, 2023. It also recommended that the waiver be linked to bidding, allowing projects commissioned within 36 months from the award of contract to avail the exemption, even if they get commissioned beyond December 31, 2023.
Energy and Economy: Rewriting the Indian story for the World
India is running the world’s largest renewable energy expansion program with a mind-boggling target of 450 GW by 2030. Can the country with a growing energy demand do more than this? Can it do what developed countries should have done years ago?
India can become electric vehicle manufacturing hub within five years: Nitin Gadkari
The industry needs to cut a dependence on electric vehicle battery imports from China, according to the road transport minister, who said the government is looking to support research into alternatives to lithium-ion technology.
Andhra Pradesh allocates 57% of energy budget to ‘free power for agriculture’ scheme
The overall energy outlay of Rs 6984.73 crore for the year 2020-21 is much lower than 2019-20’s revised estimate of Rs 11,639 crore.
Transmission charges waiver to renewables may be extended beyond 2022
Solar and wind projects commissioned beyond the year 2022—at least till mid of 2023—may be eligible for interstate transmission charges waiver on the electricity generated.
Bringing back India’s solar sector to the front foot in 2021
The ‘175 GW by 2022’ renewable energy target seems unachievable, necessitating the benchmark be moved to ‘450 GW by 2030’ instead. But even that will require the sector to move back to the front foot from 2021.
Ministry moves to fend off predatory moves for Covid-weakened solar businesses
Foreign direct investment into Indian solar concerns from China and other neighboring countries will now have to secure the approval of the Ministry of New and Renewable Energy.
IESA proposes a policy framework for energy storage in Electricity Act
Defining energy storage under the Electricity Act could help start ancillary services and frequency regulation through energy storage as a flexible asset. It will also help to enable electric vehicle charging infrastructure, vehicle-to-grid (V2G) concepts and microgrids integration with expanded grid connectivity in the long run, according to the industry body.
Adani Green Energy wins world’s largest solar award
The developer is reported to have exercised an option to double the 4 GW of solar generation capacity and 1 GW of cell and module production facilities it secured in the manufacturing-linked solar tender carried out by the Solar Energy Corporation of India in November.
Solar manufacturers in SEZs say customs duty will be counterproductive
Module manufacturers in special economic zones would be at a disadvantage when selling in the domestic market as they would be required to pay basic customs duty on the value of solar modules.
