The Tamil Nadu Generation and Distribution Corporation (Tangedco) had floated a tender for procurement of 500 MW of solar power and it had received bids for a total of 300 MW from 22 developers(earlier post here). The price bids were opened yesterday, and The Hindu newspaper(read here) has reported that the lowest bid is Rs. 4.40/kWh […]
Tamil Nadu, the number one state in solar installations in India at the end of 2016(see here), has received bids for setting up 300 MW of solar power. According to The Hindu, 22 developers have submitted bids to TANGEDCO. The benchmark tariff is Rs. 4.50/kWh. The tender was floated for 500 MW, but once again
“The bidding process conducted by TANGDCO for the purchase of 708 MW of solar power from 52 developers has no legal sanctity”. This is the gist of a landmark order passed by the Tamil Nadu Electricity Regulatory Commission(TNERC) on 15 September 2014, according to “The Hindu”. The report by The Hindu says that TNERC ruled
Tamil Nadu Solar faces setback – TNERC declines to approve purchase of 708 MW of power Read More »
Some good news for Tamil Nadu Solar at last. The Tamil Nadu Electricity Regulatory Commission(TNERC) has finally released the tariff order on solar power. The tariff order comes more than a year after the TNERC released a consultative paper proposing a tariff of Rs.5.78/kWh. The tariff, applicable for a control period of one year, will be Rs
Tamil Nadu – Solar PV Tariff set at Rs. 7.01/kWh Read More »
“No time extension will be given. We are confident that all the projects will be commissioned by November 2013” – This was the response of one of the officials at a pre-bid meeting in December 2012 when several prospective bidders pleaded for time extension in order to take part in the Tamil Nadu Solar bidding(more here
I had the opportunity to present on the topic ” Tamil Nadu Wind at Crossroads – The Way Forward”. The event was held on 20th March in Chennai and was organised by the ASSOCHAM. I am sharing the presentation below. Comments and suggestions welcome. Wind assocham from RESolve Energy Consultants ______________________________________________________________________________________________ Subscribe to RESolve Energy
In a move that has been widely welcomed in the state, the Tamil Nadu state government announced its plans to set up a green energy transmission corridor at a cost of Rs. 1,593 Crores. Apart from this, Rs. 5,400 Crores will be provided for tariff subsidy. The state government will also take over liabilities of
Tamil Nadu Wind sector’s golden age has come to an end. At least it appears so going by the installation numbers for the current year and last year. The sector added a little more than 6 GW during the decade 2002-03 to 2011-2012 and ended the period by adding an average of 1 GW per
Tamil Nadu Electricity Regulatory Commission(TNERC)’s recently released Consultative Paper on “Comprehensive Tariff Order on Solar Power” has created some panic in the market owing to the proposed tariff of Rs. 5.78/kWh. (Read our initial analysis of the same here). Several project developers and EPCs with projects in Tamil Nadu were very much concerned after reading
TNERC recently released a consultative paper which proposes to set the tariff for solar projects in Tamil Nadu. The consultative paper details the methodology involved in arriving at the tariff as well as the various assumptions that were made for the different variables in terms of cost for solar projects such as CAPEX, OPEX etc.
TNERC proposes Rs. 5.78 per kWh for solar PV projects Read More »
