Showing posts from January, 2018

Joint Regulatory Commission for Goa and Union territories (JERC) has determined the solar tariff for ground-mounted and rooftop solar projects

Solar Tariff is applicable for projects in the State of Goa and the Union Territories of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep, and Puducherry. GEDA has confirmed the same.

Expected rise in Solar Panel prices: custom duties here to stay

The customs duty, which add up to 10% of Solar Panels cost, would NOT be scrapped altogether as confirmed after a meeting between MNRE and the finance secretary ( refer ) . This would mean that the presumptions, about decreasing price of solar, of many developers may not come true, based on which they may have quoted to their clients or PPAs signed. However, those developers who have won auctions expecting the customs duty would be ‘protected’. That does not necessarily mean that the exemptions would be provided to them. It may be given in another form too which has not been specified. Of course, this would be for projects that have already been won and not the ones that follow. What we can expect is the tariff of INR 2.44 to be a minimum point for solar tariffs, which would rise going further (at least for a while). On the positive side, an increase in solar panel prices imported from outside India would make the Indian panels at par with foreign ones possibly

The Grid Parity Race: Will Solar Make It

The 100 GW by 2022 target has created an urgency driving up the solar capacity of the country. Besides highlighting India’s step to curb carbon emissions in the UN, this move towards green energy shift has also given India the opportunity to bridge its continuously increasing gap between energy generation and demand. India’s electricity consumption per capita has reached to 1010 kWh in 2015. And with booming population, (1,326,801,576 in 2016) the power demand is expected to rise significantly in 2017. In this scenario, trusting green energy rather than limited reserves of fossil fuel can help develop India into an energy rich country. However, regardless of the environmental benefits, solar has to match the pricing structure of conventional energy to win the race, encouraging common man to opt for green energy. Grid Parity: Current Scenario

Manufacturing Sector: The Golden Ticket for India to Become a Global Leader

Greater manufacturing capacity and efficiencies hold the key to India’s growth and success in becoming the global leader. And recent initiatives by Government testify the country’s intent on claiming the mantle of the fastest growing manufacturing hub in the world. However, prioritizing the fastest growing manufacturing sector within the country (which is solar sector) and focusing on its growth (through domestic manufacturing) can help India reach great heights. Present Status of Manufacturing Sector in India Indian manufacturing sector has shown incredible growth in recent years. In the last 4-5 years India has executed nearly half of the 37 reforms, that were adopted in 2003. From facilitating the delays in getting construction permits, simplifying finance acquisition, registration of property, paying taxes, protecting minority investors, developing skill through training, resolving insolvency, and enforcing contracts; Government of India has acted aggressively on