Solar power generators have until June 4 to bid for supplying the power from their proposed or existing PV projects under a 25-year PPA.
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.
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.
Nearly 19 GW of renewable energy capacity tendered by the Solar Energy Corporation of India (SECI) is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.
India’s declining solar tariff trend will see a reversal as the basic customs duty comes into effect. According to India Ratings, tariffs will likely touch INR 2.43 when using imported solar modules with 40% duty applicable, putting an additional cost burden on Discoms.
A new report presents four alternative scenarios for India to achieve net-zero emissions, highlighting that the effort required would be very high for a scenario with 2030 as a peaking year for emissions and 2050 for net-zero.
The Chinese manufacturer commanded a 17% share of the total 3268 MW of rooftop PV inverter shipments in India in the January-December 2020 period.
The installation cost is set to increase as a 40% customs duty on solar modules, and 25% on cells, comes into effect from next year.
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