A blend of policy drive, industry participation, and global partnerships now defines the complex clean energy transition underway in the world’s most populous nation, writes Manish Pant. India’s shift to sustainable energy sources is ambitious, complex, and multifaceted. On July 29, the Solar Energy Corporation of India (SECI)—the nodal agency for renewable programmes—completed green ammonia...
Tag: Solar Energy Corporation of India
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Debt Financing: Funding Sustainable Infra
Sustainable Infrastructure: Debt Financing Shiva Rajaraman, CEO of NIIF IFL, discusses the changes in the infrastructure landscape in the country, policy back-ups and different sources of infrastructure finance that have opened up in the country. With a balance sheet of an impressive Rs.210 billion with zero per cent NPAs, NIIF IFL is an infrastructure debt fund...
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IndiaÂ’s first ISTS connected wind power project commissioned
Solar Energy Corporation of India (SECI) conducted IndiaÂ’s first auction of wind power projects in February 2017 of Rs 3.46 tariff in accordance to the governmentÂ’s plan of 175 GW RE within 2022.
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Renewable Projects Leap Ahead of Thermal
Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff, says India Ratings and Research (Ind-Ra).
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Chennai airport installs solar panels
The Airports Authority of India (AAI) has installed solar panels on the cargo complex of Chennai airport, as part of its green initiative. The panels will take care of 80 per cent of the power requirement of the cargo section. The plant can generate approximately 5 MW.
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SECI to float tenders for wind projects
Solar Energy Corporation of India (SECI) will float tenders for setting up wind projects with cumulative capacity of 1,000 MW to supply power to non-windy states. ´SECI will float tenders for total wind power capacity of 1,000 MW. This will be tariff based competitive bidding and will be awarded to bidders quoting lowest price (power tariff) bid,´ a senior official said.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.