Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
Tag: VGF
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The aviation regulator needs a complete revamp
The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.
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Azure Power wins 50 MW solar power project under SECI auction
Azure Power, a leading Indian has announced that it has won a 50 MW solar power project under the National Solar Mission (NSM) solar power producer,Phase II, Batch III, which was recently put up for auction by the Solar Energy Corporation of India (SECI).
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There is a need for the regulator to get more teeth
Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.
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Cess to boost regional flights may push up air fares
A cess of Rs.8,000 on each domestic flight could be the alternative to the aviation ministry's proposed 2 per cent surcharge on flight tickets to fund regional connectivity.
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Aviation policy to focus on regional connectivity: Pres
The government is working on a new civil aviation policy which seeks to provide connectivity to the smaller cities even as domestic air traffic has been on a growth path the last year, President Pranab Mukherjee said
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Cabinet clears VGF for 5,000 MW solar projects
In the wake of falling solar tariffs and increasing capacity addition, the Union Cabinet approved setting up 5,000 MW of grid-connected solar photovoltaic power projects on a build, own and operate basis.
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Govt eases VGF norms for grid-connected solar projects
The government has decided to ease norms for releasing viability gap funding (VGF) under a scheme for setting up 1,000-MW grid-connected solar projects by central PSUs and other government organisations.
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The corridors are still in the nascent stages of development
This has not been largely used in the metro rail sector as yet, and this sector is still developing. It is to be noted that these projects take a long time to construct and the initial challenges of right of way need to be overcome.
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We have lagged behind in pacing up with the implementation
There are cities like Delhi, Kolkata, Chennai, Bangalore, etc., where the metro rails are already operational and the construction work is underway for further expansion of the existing metro network. Then there are cities like Hyderabad, Lucknow, Kochi, etc., where the project execution is underway for their respective maiden metro projects.