With the power minister hinting a new renewable energy tariff policy could be in the works, the federal agency responsible for solar – which has come under fire after the latest delay to a troubled PV manufacturing tender – has boasted of the volume of clean power it has signed deals for recently.
Currently, the independent power producer has over 500 MW of open access solar portfolio, with leading IT and manufacturing giants among its client base.
Analysis of the solar pumping programs being rolled out across five states backs claim switching irrigation systems to PV could give the nation a huge leg-up towards its renewable energy ambition.
National Hydroelectric Power Corporation (NHPC) has invited online bids for development of 40 MW grid-connected crystalline PV solar power project in District Ganjam of Odisha. The project will be awarded through domestic competitive bidding followed by reverse action.
In the first big auction, a day after the imposition of a 25% safeguard duty on solar imports, the winning tariff of Rs 2.79 (US$0.041) at the 200 MW Odisha auction took the industry by surprise.
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
The Grid Corporation of Odisha (GRIDCO) has announced a 200 MW grid-connected solar PV power projects to be set up in the state of Odisha. The tender has a provision of pass-through in the quoted tariff in case of anti-dumping duty or safeguard duty imposition.
Keeping in sight the plan of Renewable Energy policy 2016, government of Odisha is putting efforts for solar development and has identified land for 400MW solar park.
The Odisha state government plans to increase its solar power generation capacity from 63 MW to 333 MW by the end of 2017-2018. The eastern state of India has also invited bids for 200 MW of solar power, with the process set to begin in a fortnight. Odisha’s rooftop capacity stands at 16 MW.
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