Developers will be spared interstate transmission system charges if their projects are secured through public capacity auctions held to enable electricity distribution companies to achieve their renewable purchase obligations, and provided the facilities are commissioned before 2023.
India’s leading solar region has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
The state, which plans to add 3 GW of renewable capacity annually, will host the ninth edition of the Vibrant Gujarat Global Summit, which opens in 11 days’ time.
The state has withdrawn its transmission charges waiver for solar projects bigger than 500 MW in capacity. While unhappy developers are protesting, industry experts deem it sensible for the government to apply a limit to – and possibly plan a phased withdrawal of – incentives for the solar sector.
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
The Indian Ministry of New and Renewable Energy (MNRE) says the nation will exceed 175 GW of installed renewable energy capacity as plans for bidding for 115 GW of renewable power projects to March 2020 were announced. The target for PV parks has been increased from 20 GW to 40 GW with some 41 parks in 21 states – with aggregate capacity of more than 26 GW – already sanctioned.
Vikalp Mundra, Joint MD and promoter of Ujaas Energy Ltd, speaks to pv magazine about the solar manufacturing and quality importance for India. The company has installed more than 200 MW of solar at utility-scale, rooftop, and residential. He also defended the Renewable Energy Certificate, but explained its drawbacks.
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