Monday, 19 March 2018 12:20

Foundation stone for biogas project

19/03/2018

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.

19/03/2018

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.

24TH SOLAR PHOTO 935657f17/03/2018

Mahindra Renewables Pvt Ltd, a wholly owned subsidiary of Mahindra Susten Pvt Ltd, has achieved financial closure for its 250 Mw Solar Power Project, in Rewa, Madhya Pradesh. The project received financial assistance in the form of a project debt of Rs 7.5 billion from YES Bank Ltd and Rs 2 billion from other financial institutions, said the company in a public statement.

The project is part of the 750-Mw Rewa solar park, which is one of the largest in the world. The 250 Mw project is expected to generate over 525 million units, 78 per cent of which will be sold to Madhya Pradesh Electricity Distribution Utilities and the balance to Delhi Metro Rail Corporation Ltd.

Mahindra Renewables had participated in the competitive bidding process invited by Rewa Ultra Mega Solar Ltd, quoting a levelised tariff of Rs 3.3 per unit.

The other winners were Solenergi and ACME Group. The project is expected to commence commercial operations by December 2018.

“The Rewa Solar Project is a significant step in this direction as this is one of the largest solar parks having the most bankable PPA terms and can become a model template for all upcoming solar projects,” said Zhooben Bhiwandiwala, President–Mahindra Partners.

YES Bank has been a partner to Mahindra Group’s renewable energy venture since 2011 and has till date underwritten five solar projects for the group with a total capacity of 382 MW. Presently, Mahindra Group has 257 MW of operational solar capacity and 250 MW Rewa solar project under implementation.

“Our support to this project builds on YES BANK’s commitment to mobilize $5 billion for financing solar power projects in India by 2030 which we announced at the International Solar Alliance (ISA) conference organized at World Future Energy Summit 2018 in Abu Dhabi and at the ISA Founding Conference on March 11, 2018, in New Delhi,” said Rana Kapoor, MD&CEO, YES Bank.

images 1317/03/2018

India is set to meet its target of adding 10,000 MW of solar capacity in 2017-18, almost twice that of the increase in 2016-17.

The country had added 5,526 MW of solar capacity in the last fiscal, which was itself a record at the time.

Anand Kumar, secretary in the ministry of new and renewable energy (MNRE) said “Our cumulative capacity was 19,584 MW in end-February, and we will be crossing 22,000 MW by March 31”.

The total capacity at the end of 2016-17 was 12,288.8 MW, which means that 7,295 MW had been added till end-February and another 2,700 MW is expected to be commissioned in March.

The capacity addition is expected to accelerate further in 2018-19.

“We have bid out 10,500 MW of solar projects this year, as against 5,000 MW in 2016-17,” said Kumar. “We have also brought solar tariffs down to affordable levels.” 

Solar tariffs reached a record low of Rs 2.44 per unit at an auction held by Solar Energy Corporation of India (SECI) for 500 MW of projects at the Bhadla Solar Park in Rajasthan in May 2017, which compares favourably with the cost of thermal power.

India has declared an ambitious ambitious target of 100,000 MW of solar capacity by 2022, which MNRE officials are hopeful of reaching. “Our bidding trajectory has been laid out until December 2022,” said Kumar.

Of the 7,295 MW added until end-February, the highest was by Karnataka, which commissioned a record 2,628.62 MW of projects in 11 months. This was followed by Telangana, which added 1,995.69 MW. Capacity addition in other states was way lower, with the third highest being Rajasthan with 502.83 MW.

For many years, Gujarat had the highest solar capacity, until it was overtaken by Rajasthan in 2015-16. Rajasthan, which also enjoys the highest solar radiation, was in turn overtaken by Andhra Pradesh in 2016-17, which added the highest capacity of 1,294.26 MW that year. In end March 2017, Andhra Pradesh had a total solar capacity of 1,867.23 MW against Rajasthan’s 1,814.28 MW.

But with its spurt of activity in 2017-18, Karnataka is now the new No. 1in solar among Indian states, with a total capacity of 3,657.52 MW as of end-February. Telangana follows in second place, with a cumulative 3,282.67 MW of solar projects. Rajasthan is in third place, with 2,317.11 MW, and Andhra Pradesh in fourth with 2,170.32 MW. Gujarat has fallen to sixth place with 1,587 MW, behind Tamil Nadu at 1,822.57 MW.

led  v17/03/2018

Haryana chief minister Manohar Lal Khattar said that under the Ujala Scheme, 1,45,96,421 LED bulbs, 44,102 fans and 1,76,133 tubes have been distributed till January 2018.

The CM, in a reply during ongoing budget session, said that power discoms were purchasing these items from Energy Efficiency Services Limited (EESL), a joint venture company of NTPC, PGCIL, PFC and REC, to promote energy efficient devices. EESL procures these items through competitive bidding from various manufacturers.

Lal said that the work to construct 33 K.V substation at village Sangatpura, Jind Assembly Constituency, is likely to start soon. He also said that PAT transformers have already been installed on 1,345 agriculture feeders in the state.

The chief minister said that 'Mhara Gaon Jagmag Gaon' scheme was being implemented for the reduction of line losses and enhanced supply of power in rural areas. Under the scheme, consumers are allowed to deposit the old arrears in five instalments along with the current bills.

17/03/2018

Mahindra Renewables Pvt Ltd, a wholly owned subsidiary of Mahindra Susten Pvt Ltd, has achieved financial closure for its 250 Mw Solar Power Project, in Rewa, Madhya Pradesh. The project received financial assistance in the form of a project debt of Rs 7.5 billion from YES Bank Ltd and Rs 2 billion from other financial institutions, said the company in a public statement.

The project is part of the 750-Mw Rewa solar park, which is one of the largest in the world. The 250 Mw project is expected to generate over 525 million units, 78 per cent of which will be sold to Madhya Pradesh Electricity Distribution Utilities and the balance to Delhi Metro Rail Corporation Ltd.

Mahindra Renewables had participated in the competitive bidding process invited by Rewa Ultra Mega Solar Ltd, quoting a levelised tariff of Rs 3.3 per unit.

The other winners were Solenergi and ACME Group. The project is expected to commence commercial operations by December 2018.

“The Rewa Solar Project is a significant step in this direction as this is one of the largest solar parks having the most bankable PPA terms and can become a model template for all upcoming solar projects,” said Zhooben Bhiwandiwala, President–Mahindra Partners.

YES Bank has been a partner to Mahindra Group’s renewable energy venture since 2011 and has till date underwritten five solar projects for the group with a total capacity of 382 MW. Presently, Mahindra Group has 257 MW of operational solar capacity and 250 MW Rewa solar project under implementation.

“Our support to this project builds on YES BANK’s commitment to mobilize $5 billion for financing solar power projects in India by 2030 which we announced at the International Solar Alliance (ISA) conference organized at World Future Energy Summit 2018 in Abu Dhabi and at the ISA Founding Conference on March 11, 2018, in New Delhi,” said Rana Kapoor, MD&CEO, YES Bank.

17/03/2018

India is set to meet its target of adding 10,000 MW of solar capacity in 2017-18, almost twice that of the increase in 2016-17.

The country had added 5,526 MW of solar capacity in the last fiscal, which was itself a record at the time.

Anand Kumar, secretary in the ministry of new and renewable energy (MNRE) said “Our cumulative capacity was 19,584 MW in end-February, and we will be crossing 22,000 MW by March 31”.

The total capacity at the end of 2016-17 was 12,288.8 MW, which means that 7,295 MW had been added till end-February and another 2,700 MW is expected to be commissioned in March.

The capacity addition is expected to accelerate further in 2018-19.

“We have bid out 10,500 MW of solar projects this year, as against 5,000 MW in 2016-17,” said Kumar. “We have also brought solar tariffs down to affordable levels.” 

Solar tariffs reached a record low of Rs 2.44 per unit at an auction held by Solar Energy Corporation of India (SECI) for 500 MW of projects at the Bhadla Solar Park in Rajasthan in May 2017, which compares favourably with the cost of thermal power.

India has declared an ambitious ambitious target of 100,000 MW of solar capacity by 2022, which MNRE officials are hopeful of reaching. “Our bidding trajectory has been laid out until December 2022,” said Kumar.

Of the 7,295 MW added until end-February, the highest was by Karnataka, which commissioned a record 2,628.62 MW of projects in 11 months. This was followed by Telangana, which added 1,995.69 MW. Capacity addition in other states was way lower, with the third highest being Rajasthan with 502.83 MW.

For many years, Gujarat had the highest solar capacity, until it was overtaken by Rajasthan in 2015-16. Rajasthan, which also enjoys the highest solar radiation, was in turn overtaken by Andhra Pradesh in 2016-17, which added the highest capacity of 1,294.26 MW that year. In end March 2017, Andhra Pradesh had a total solar capacity of 1,867.23 MW against Rajasthan’s 1,814.28 MW.

But with its spurt of activity in 2017-18, Karnataka is now the new No. 1in solar among Indian states, with a total capacity of 3,657.52 MW as of end-February. Telangana follows in second place, with a cumulative 3,282.67 MW of solar projects. Rajasthan is in third place, with 2,317.11 MW, and Andhra Pradesh in fourth with 2,170.32 MW. Gujarat has fallen to sixth place with 1,587 MW, behind Tamil Nadu at 1,822.57 MW.

17/03/2018

Haryana chief minister Manohar Lal Khattar said that under the Ujala Scheme, 1,45,96,421 LED bulbs, 44,102 fans and 1,76,133 tubes have been distributed till January 2018.

The CM, in a reply during ongoing budget session, said that power discoms were purchasing these items from Energy Efficiency Services Limited (EESL), a joint venture company of NTPC, PGCIL, PFC and REC, to promote energy efficient devices. EESL procures these items through competitive bidding from various manufacturers.

Lal said that the work to construct 33 K.V substation at village Sangatpura, Jind Assembly Constituency, is likely to start soon. He also said that PAT transformers have already been installed on 1,345 agriculture feeders in the state.

The chief minister said that 'Mhara Gaon Jagmag Gaon' scheme was being implemented for the reduction of line losses and enhanced supply of power in rural areas. Under the scheme, consumers are allowed to deposit the old arrears in five instalments along with the current bills.

16/03/2018

The government plans to amend solar power project bidding norms to ensure that any increase of duties on equipment is passed on to energy buyers, meeting a key demand of private developers. “The government will amend bidding norms for pass through of duties on solar modules to de-risk the projects,” power minister R K Singh, told reporters here on Wednesday.

The proposal comes amid regulatory uncertainty in India’s solar industry as it awaits key decisions on safeguards and anti- dumping duties on solar imports from China, Malaysia and Taiwan. The threat of high duty levies is looming large on the sector, leading to lacklustre response to some of the recent solar auctions.

“Currently the bid documents provide that any change in tax structure will be pass through. We will add duties to the provision so that any changes in taxes and duties will be pass through,” Singh said. The change will have to be included in the PPA (power purchase agreement) document. It is “something which has to ideally be taken up by the Centre and pushed to the states, an industry expert said on condition of anonymity.

A senior government official said this change is necessary to attract competitive bids in auctions.

Industry welcomed the move. “It is a right move. What may happen is that some states and discoms may not be happy with this provision because it puts all the risk on to them,” said Vinay Rustagi, managing director at solar consultancy firm Bridge to India.

“In this scenario, everybody is protected,” he said. “Ultimately it is the discom and the end consumer who have to bear the risk of any increases in duties and taxes. That is why it is important to take them on board before any such change is announced.”

The Director General of Safeguards in January had proposed a whopping 70% safeguards duty on imports of solar cells and modules from China and Malaysia, making a case for "serious injury" to domestic solar manufacturers on account of imports from these nations.

DSC03216a16/03/2018

Hydro power generation in India is all set to increase by 3.5 per cent in the current financial year even as dry winter (63 per cent below normal rainfall in January and February) has impacted generation in the last quarter. Scanty rains has decreased the overall hydro power generation by 15 per cent in February as projects are affected in North, West and Eastern region by falling water levels in rivers.

Lack of snowfall in North this year has already shrunk generation at country’s largest hydro power company, National Hydro Power Corporation (NHPC) by half in the month of February and also affected projects in of other power companies in North, West and Eastern.

A senior official at National Hydro Power Corporation maintained the generation will be boosted after commissioning of 330 MW Kishanganga hydro project in the current quarter. The NHPC generation had grown by 3 per cent till month of January in the current financial year compared to same duration in the last year.

Despite dry winter spell hydro power generation has recorded a revival in generation this year after two-years of lean generation primarily due to less rain in monsoon. This financial year the overall hydro generation stood at 119 billion units till February compared to 114 billion units in same duration last year, an increase of 104 per cent. The hydro power generation posted a marginal growth of under a percent in FY 17 after two-years of consecutive dip of 6 % in FY 16 and 4 % in FY 15 compared to respective corresponding period.

This year the uptrend in generation is buttressed by improved performance by major power sector PSU’s including SJVNL, NEEPCO and BBMB. SJVNL recorded 2.5 per cent increase in generation in the current financial year compared to the last year. NEEPCO notched 15 per cent increase in the generation during the period. BBMB projects also recorded 1.5 per cent increase in generation. “Less snowfall in North may not allow record high power generation in the current year in the country,” an official at SJVNL said.

State owned power utilities, this year, has provided a significant thrust to hydro power generation mainly by utilities in Punjab, J&K, Odissa, Telengana, Kerala, Karnataka, Himachal Pradesh, Uttrakhand, Uttar Pradesh and Sikkim.

With an increase of 12 per cent over the last year, the state owned power generation utilities propelled the generation to record high this year. The generation grew double digit in hydro projects companies namely PSPCL, HPPCL, UJVNL, TUL, OHPC, KPCL, KSEB, TSGENCO and Teesta Urja Limited.

The total hydro generation was recorded at 122 billion units in FY 17, a marginal increase of 0.8 per cent over FY16. The generation had decreased by 6% in FY15.

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