20/03/2018

Maharashtra Power Minister Chandrashekhar Bavankule told the Legislative Assembly that his department would try to bring the entire state under solar power.

 

The minister was speaking after the total demands of Rs 8,240 crore for power ministry were passed in the House.

"Of the total sanctioned amount, Rs 7000 crore is for farmers and the powerloom subsidy," he said.

The minister said the department was trying to bring the entire state under solar power.

"In the first phase, we are trying to bring Anganwadis, Zilla Parishad schools, and Water Lift Irrigation schemes under solar power," he said.

20/03/2018

Solar power will soon light up Poura Bhavan, the Bidhannagar Municipal Corporation’s headquarters in Salt Lake. It will help the civic body to save several lakhs annually in the form of electricity bills.

Corporation mayor Sabyasachi Dutta said “It will be calculated how much electricity the solar panels would need to generate to light up the entire G+6 building”.

According to Salt Lake civic officials, the building has a large open space on the roof, which is ideal for installation of solar panels. Besides, there is space around the main building where the panels could be installed. The decision on where the panels will be set up is yet to be taken.

The initiative to turn Poura Bhavan green is a part of the larger plan to shift all streetlights in Salt Lake from sodium vapour to LED lights. According to figures, there are about 24,000 streetlight posts across Salt Lake and adjacent places.

Rough estimates show the civic authorities pay a monthly electricity bill of around Rs 1.5 crore. Once all the sodium vapour lamps are replaced with LED lights, about 60% of the current bills will be reduced.

A total of 351 old sodium vapour lamps were recently removed from the stretches of Broadway and Metro corridor near Karunamoyee and the civic authorities have decided that these old lamps will be equally distributed from ward 1 to ward 27 as a temporary arrangement.

A control room will be set up at Poura Bhavan and each LED lighting installation will have a sensor chip device, along with a timer fixed with it. The civic body will be able to keep track of all the lights through the sensor-based chip that will send out a signal to the control room in case of a technical glitch.

20/03/2018

State-run power equipment maker Bhel said it has commissioned first unit of 110 MW of the Kishanganga hydro-electric project (HEP) of NHPC in Jammu and Kashmir.

Located on the river Kishanganga, a tributary of the Jhelum in Bandipora district, all the three units of the 340 MW project will generate 1,350 million units (MU) of clean electricity annually, a Bhel statement said.

The other two units are also in advanced stages of commissioning.

Bhel was entrusted with execution of the Electro-Mechanical (E&M) package for the project comprising design, manufacture, supply, installation and commissioning of Vertical Shaft Pelton Turbines and matching synchronous Generators, Controls & Monitoring (SCADA) System along with electrical and mechanical auxiliaries.

The equipment was supplied from Bhel's manufacturing units at Bhopal, Jhansi, Rudrapur and Bengaluru while the execution of works on site was carried out by the company's Power Sector Northern Region division and Transmission Business Group.

In J&K, Bhel has so far commissioned 31 Hydro sets with a cumulative capacity of 1,257 MW.

It is executing hydroelectric projects of more than 2,900 MW in the country and 2,940 MW in Bhutan which are at various stages of implementation.

Tuesday, 20 March 2018 15:36

Suzlon retains top spot in renewables

20/03/2018

Volumes in India’s solar sector plunged by 70% during first nine months this fiscal owing to policy changes, but Suzlon has retained market leadership and is poised to bounce back as a vertically-integrated player, said group chief executive JP Chalasani.

During the plunge in the market, the company worked on significant fixed cost reductions and now hopes to gain significantly once the market reaches 6GW for executions next fiscal from a low of 1.5GW this fiscal, he said. “Even when volumes dipped, we made positive Ebidta (earnings before interest, depreciation, taxation and amortisation) and met all our financial obligations.”

For the nine-month period ended December 2017, Suzlon suffered a steep fall in net profit at Rs 85.84 crore, down from Rs 262.89 crore a year ago, on a lowered income of Rs 6,153 crore (Rs 7,779 crore). “The company, from an internal perspective, is quite stable and has come out of all the problems. We have been bringing out best products, technology wise. We are doing quite well on the R&D side with new products coming out regularly,” said Chalasani.

From a 19% market share in FY15, Suzlon improved market share to 26% in FY16 and further up at 33% in FY17 and retained 33% market share during the first nine months of FY18 as well.

“We get impacted more when volumes go down since we are a vertically-integrated company. But when the volumes go up, we will be in a significantly advantageous position being vertically-integrated company where our fixed costs are brought down.”

On the improving volumes, he said, award of some 6 GW of bidding was slated for this fiscal to be executed during the next fiscal. “Therefore, significant volumes are going to come up next fiscal. When it is volume game, we are best suited because we are a vertically-integrated company with lowest costs.”

Chalasani further said that Suzlon was also coming up with improved technology products that will help power producers improve productivity and reduce the cost per kilowatt of power generated, helping them to cover up for falling tariffs.

Though the pressure on margins will continue, Suzlon expects to significantly improve its top and bottomlines from the next fiscal, said Chalasani.

Having started offering technologies such as wind-solar hybrid, Suzlon is currently working on technologies like windsolar-gas-based power hybrid, wind-solar-hydro-based power, he said.

n219/03/2018

The Tamil Nadu Electricity Regulatory Commission (TNERC) has once again rejected the review petition filed by NLC India Ltd (NLCIL) for extending the tariff of Rs. 4.41 per unit for its 500 MW solar power project.

The proposed projects were to be completed by March 31, 2018, to avail the tariff of Rs. 4.41 per unit.

In its fresh review petition, the firm said it is seeking the extension till September 30, 2018, citing problems arising out of the rollout of the Goods and Services Tax (GST).

NLCIL said the concessions and exemptions for renewable energy under various Central/State laws have been pruned following the rollout of the GST. Under the solar developer and operator model, the entire supplies and services are taxed at the rate of 18% under the GST, whereas earlier the rate stood at 5%, it added.

The firm also highlighted the taxation issues related to imported solar modules lying at various ports.

The landed cost of components has also risen due to higher tax, and pending clarity on the tax structure, the vendors are in wait and watch mode, it added.

As a result, the public sector company sought for the extension of time with the applicable tariff.

However, the TNERC has refused to admit the plea and noted that the GST was implemented from July 1, 2017.

“But the projects in question should have been commissioned before March 31, 2017 during the control period of 2016-17. Therefore, the impact of the GST Act, which came into force with effect from July 1, 2017 cannot be cited as a reason for the delay in the execution of the projects and the project components could have been purchased and installed much before the implementation of the Act, it added.

Last year too, the TNERC had rejected the firm’s plea for extension of tariff. That time, the company had sought for extension, citing environmental issues. Recently, the TNERC had suggested a tariff of Rs. 3.11 per unit without accelerated depreciation and Rs. 3.05 per unit with accelerated depreciation for solar energy from April 1, 2018.

Monday, 19 March 2018 12:25

CETC India starts work on solar unit

download 5019/03/2018

CETC (India), an ancillary of China Electronics Technology Group Corporation (CETC), is setting up a solar photovoltaic cell (PVC) manufacturing park at Sri City, near here, according to a top official.

The first phase of the project would go on stream in 18 to 20 months. The civil work for the construction of the facility had already commenced.

According to Liu Liehong, general manager, CEO, CETC, the firm chose Sri City for the project after surveying various sites in India. The plant, which would be built on a plot of 18 acres in the domestic tariff zone at an initial investment of about ₹320 crore, would be commissioned by the last quarter of 2019.

Monday, 19 March 2018 12:25

Foundation stone for biogas project

bio19/03/2018

Swiss Ambassador to India and Bhutan, Andreas Baum has laid foundation stone for a bio gas project, to generate power from vegetable waste in farmers' shandy in the city.

An official release said the Rs 35 lakh project will utilise nearly one tonne of vegetable waste from the shandy, which will provide the lighting requirements of the shandy in R S Puram in the city.

Swiss Agency for Development and Cooper president May Laure Gentezz and Vice-President, shirish Sinha, along with senior officials from the Corporation were among those present at the functions.

images 7819/03/2018

India is emerging as a transition force in power generation on par with China and Western Europe.

A report by US-based Institute for Energy Economics & Financial Analysis (IEEFA) says the country’s electricity generation market is changing rapidly. The transformation is helped by a sustained deflation in renewable energy tariffs, technology upgrades in wind and solar sectors, availability of cheaper financing, acceleration in wind and solar tender activity and a national political desire to abide by the Paris climate accord.

The shift in India’s energy generation priorities is amply reflected in the plummeting tariffs in both, solar and wind power sectors. In 2017, tariffs for wind and solar hit record lows of Rs 2.43 and Rs 2.44 per unit respectively in keenly contested competitive reverse auctions. A more recent wind auction on February 28 by the Solar Electrification Corporation of India (SECI) obtained a winning bid of Rs 2.44 per unit, vindicating the falling tariff story for renewable power.

“Solar tender activity in India has been impressive as well, with auctions for a total of 14,000 Mw in the last quarter of 2017-18 and an ambitious 30,000 Mw annual target for the next two years.

India has made recent progress, too on greater integration of variable renewable energy capacity as a result of building out it interstate and international grid connectivity”, the IEEFA report stated.

As per IEEFA’s forecasts, global renewable energy prices would continue to see at least 5-10 per cent annual deflation. For India, it sees the feasibility of prices falling below Rs two per unit barring self defeating import duty on solar modules.

IEEFA has also positioned India alongside China and Western Europe to play a leadership role in South Asia, with continued investment in Bangladesh, Bhutan, Myanmar, and Nepal. The key takeaway here is India agreeing to provide transmission infrastructure to expand energy trade with Bangladesh, with the near doubling of grid capacity from 600 Mw to 1,100 Mw due for completion by June 2018. The report believes this grid construction will open the door to lower-cost, increasingly renewables-based energy exports to the benefit of both countries.

According to IEEFA, a sensible strategy for India’s evolution (in energy) would involve exporting electricity to new markets in Nepal, Bhutan, Bangladesh and potentially Sri Lanka and Myanmar. Such a strategy would accelerate system-demand growth and improve thermal power capacity utilization, alleviating some of the ongoing stranded asset burdens that continue to erode returns in both the Indian power and banking sectors.

Land-poor Bangladesh has struggled to deliver on its renewable energy ambitions, but imports of low-cost wind and solar from India would create a win-win situation that would sustainably help power Bangladesh’s economic growth, the report suggested.

NTPC, India’s largest utility, already has adjusted base load coal-generation to accommodate the increasing availability of cheaper wind and solar energy in India’s renewable energy-rich southern states of Tamil Nadu, Karnataka and Andhra Pradesh. In addition, the central government has extended the waiver of interstate power transmission charges and losses for solar and wind power investments—provided the plants are commissioned by March 31, 2022.

19/03/2018

The Tamil Nadu Electricity Regulatory Commission (TNERC) has once again rejected the review petition filed by NLC India Ltd (NLCIL) for extending the tariff of Rs. 4.41 per unit for its 500 MW solar power project.

The proposed projects were to be completed by March 31, 2018, to avail the tariff of Rs. 4.41 per unit.

In its fresh review petition, the firm said it is seeking the extension till September 30, 2018, citing problems arising out of the rollout of the Goods and Services Tax (GST).

NLCIL said the concessions and exemptions for renewable energy under various Central/State laws have been pruned following the rollout of the GST. Under the solar developer and operator model, the entire supplies and services are taxed at the rate of 18% under the GST, whereas earlier the rate stood at 5%, it added.

The firm also highlighted the taxation issues related to imported solar modules lying at various ports.

The landed cost of components has also risen due to higher tax, and pending clarity on the tax structure, the vendors are in wait and watch mode, it added.

As a result, the public sector company sought for the extension of time with the applicable tariff.

However, the TNERC has refused to admit the plea and noted that the GST was implemented from July 1, 2017.

“But the projects in question should have been commissioned before March 31, 2017 during the control period of 2016-17. Therefore, the impact of the GST Act, which came into force with effect from July 1, 2017 cannot be cited as a reason for the delay in the execution of the projects and the project components could have been purchased and installed much before the implementation of the Act, it added.

Last year too, the TNERC had rejected the firm’s plea for extension of tariff. That time, the company had sought for extension, citing environmental issues. Recently, the TNERC had suggested a tariff of Rs. 3.11 per unit without accelerated depreciation and Rs. 3.05 per unit with accelerated depreciation for solar energy from April 1, 2018.

Monday, 19 March 2018 12:21

CETC India starts work on solar unit

19/03/2018

CETC (India), an ancillary of China Electronics Technology Group Corporation (CETC), is setting up a solar photovoltaic cell (PVC) manufacturing park at Sri City, near here, according to a top official.

The first phase of the project would go on stream in 18 to 20 months. The civil work for the construction of the facility had already commenced.

According to Liu Liehong, general manager, CEO, CETC, the firm chose Sri City for the project after surveying various sites in India. The plant, which would be built on a plot of 18 acres in the domestic tariff zone at an initial investment of about ₹320 crore, would be commissioned by the last quarter of 2019.

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