The revision in outlook reflects increased counterparty risk and weakening in the liquidity position of these generators owing to significant delays in the receipt of payments from Telangana DISCOMs.
Air India SATS has introduced new aircraft-boarding walkways that use integrated solar roofing panels from Visaka Industries to run two air-conditioners for up to six hours.
The plant was conceived under viability gap funding scheme for Ministry of Defence establishment to set up 300 MW of grid-connected and off-grid solar power projects at their locations.
The state-owned engineering major has invited bids for supply of balance-of-system items, and installation and commissioning of an aggregate capacity of 69 MW (AC) grid-connected solar plants for Singareni Collieries Company Limited in Telangana. The projects—including 39 MW at Yellandu village and 30 MW at Manuguru—will come up in Bhadadri Kothagudem district of the state. Bidding closes on July 31.
The captive solar plants in Metro depots and on station rooftops will meet 15% of its total electricity consumption.
With Karnataka withdrawing open access waivers and the policy not replicated elsewhere, corporate buyers are increasingly favouring group captive projects that are exempt from the cross-subsidy surcharge—the largest and most unpredictable component of grid charges for open access power.
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
The state-owned engineering major will set up a floating solar plant at NTPC Ramagundam in Telangana and a ground-mounted plant at Raghanesda Ultra Mega Solar Park in Gujarat, with a capacity of 100 MW each.
The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India.
The ATUM integrated solar roofing system using 320W panels generates enough electricity to power a light bulb, a fan and a mobile phone.
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