MNRE

SECI releases the standard PPA and VGF securitization agreement

1 Comment / MNRE, Policy, Solar PV /

The Solar Energy Corporation of Indian (SECI) released the standard PPA and VGF securitization agreement yesterday. Developers have been waiting for the VGF securitization agreement as the terms in it would affect the bankability of the projects. Some of the highlights from both the securitization agreement and PPA include Part commissioning of power plants is […]

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Renewable Capacity – Solar and Wind Capacity additions drop marginally in September 2013

Markets, MNRE, Statistics, Wind /

As per MNRE, 111.13 MW of grid connected solar and 7.13 MW of off-grid solar capacity were added in September 2013. This data, which was released within a week of releasing the data for August 2013(click here), shows that the total grid-interactive power reached a total of 2080 MW. This represents a minor drop in

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India Solar – RfS for 750 MW projects under JNNSM released. Last date of submission 28/12/2013

MNRE, Policy /

Solar Energy Corporation of India(SECI) has released the Request for Selection(RfS) document for 750 MW grid connected solar PV projects under JNNSM Phase II Batch 1. The draft guidelines and the final guidelines were released in April 2013 and most recently earlier this month(Click here and here for the detailed guidelines and the updates). With

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Solar in India breaches the 2 GW barrier; Wind sector continues to stagnate

4 Comments / MNRE, off-grid PV, Solar PV /

According to the latest updated by the MNRE, Solar in India has crossed the 2 GW landmark(grid-connected and off-grid systems combined). As of 31 August 2013, the total solar installed capacity stood at 2100 MW, out of which grid-connected solar capacity was 1969 MW and off-grid systems was 131 MW. About 130 MW of grid-connected

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JNNSM Phase 2 -DCR at 50% in the revised draft guidelines for 750 MW under VGF

13 Comments / MNRE, Policy /

MNRE had earlier released the draft guidelines for the allocation of projects using the VGF mechanism under the first batch of JNNSM Phase 2. Most of the clauses remain the same (refer our earlier post here). The major changes are on the VGF disbursal guidelines and clarity on the domestic content requirements. The details of

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Rooftop Solar – RfS invited by SECI for allocation of 10 MW of projects in 9 cities

MNRE, Policy, Rooftop PV /

After allotting rooftop projects in 2 phases(details of Phase 1 and Phase 2 can be accessed here and here), the Solar Energy Corporation of India (SECI) has invited Request for Selection(RfS) from prospective bidders under the Phase III of the allocation. Some of the winners in the past include Azure Power, Sun Edison and Welspun

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What is the biggest concern for the Indian solar sector today?

2 Comments / MNRE, Policy, Regulation /

“ Lack of Visibility of Projects” – This was cited unanimously by the CEOs of the top solar project developers  in India as the biggest challenge faced by the sector. On the opening day of the 7th RE Expo in New Delhi on 12th September 2013, CEOs like Inderpreet Wadhwa(Azure Power), Alan Rosling(Kiran Energy), Pashupathi

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