TNERC issues order under section 108 of Electricity Act 2003 on TN Solar Policy 2013

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Tamil Nadu Electricity Regulatory Commission under section 108 of the Electricity Act 2003 has issued an order on issues related to Tamil Nadu Solar Policy 2013. The commission has stated that consumers who have Solar Purchase Obligations (SPOs) may generate captive solar power, buy solar power from third party or purchase power from TANGEDCO at […]

UP Solar Policy 2013

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Features of UP Solar Policy 1) Will remain in operation till 31st March 2017 2) Project Size – Min 5 MW 3) Sale options a) Discoms (Developers selected through competitive bidding) b) Third Party Sale (Subsidy or GBI not available) 4) PPA of 10 years 5) Time limit of commissioning for solar PV – 13 […]

RFP for setting up 300 MW of wind projects during FY 13-14 in Rajasthan

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Rajasthan Renewable Energy Corporation Limited hereinafter referred to as “Procurer”, will select Developers for setting up of 300 MW capacity Wind Power Projects during the financial year 2013-14 and will directly purchase power generated from these selected 300 MW Wind Power Projects as per terms & conditions of Power Purchase Agreement.  The Bidder is allowed to […]

Solar RECs price trends

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Demand and supply of solar RECs has reduced in the month of December. However, the market clearing price of solar RECs was Rs.12,620 at the Indian Energy Exchange (IEX) and Rs.12,100 at Power Exchange India Limited(PXIL). The figure below shows the market clearing price trends of solar RECs traded at IEX and PXIL over the […]

Tamil Nadu 1000 MW RFS Summary

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Here’s a list of key points from the Tamil Nadu Solar RFS for 1000 MW of projects Selection of developers through competitive bidding PPA of 20 years Minimum bid of 1 MW capacity while there is no upper limit Minimum Net Worth requirement Rs.1 crore/MW Earnest money deposit of Rs.7 lacs/MW Bidder has to submit […]

Summary of state rooftop solar policies

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State Target Incentives Tamil Nadu 350 MW GBI (Generation Based Incentives) which are Rs. 2/kWh  for first two years and Rs 1 per kWh for next two years, and there  after Rs. 0.5 per kWh for subsequent two years Net metering allowed at multiple voltage levels Karnataka 250 MW Tariff of Rs 3.40 per KWh […]

Incentives under the AP Solar Policy 2012

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The main incentives as per the AP Solar Policy 2012 are as follows: Banking: Banking of 100% of energy shall be permitted for one year from the date of banking. The settlement of banked energy will be done on monthly basis. However, banked units cannot be consumed/redeemed from February to June and also during TOD hours as amended from […]

JNNSM Phase-II could have focused on other alternatives to achieve the cost targets of solar electricity in the range of Rs.5-6/unit

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The recently introduced JNNSM Ph-II document advocated providing Viability Gap Funding (VGF) for setting up solar projects in the country. The VGF will provide capital grant to the promoter bidding for the solar project and achieve the lowest capital cost/MW of installation through bidding. The capital grant will be allotted during the implementation phase of […]