JMK Research

KUSUM Scheme (Component A)- Over 3.4 GW of solar tenders issued till date

September 7, 2021
JMK Research
Tenders

KUSUM Scheme (Component A) – Over 3.4 GW of solar tenders issued till date The Ministry of New and Renewable Energy (MNRE) launched the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme for farmers to set up solar pumps and other renewable energy facilities across the country. The Scheme consists of three components: Component A: Installation of 10,000 MW of decentralized ground-mounted grid-connected renewable power plants. Component B: Installation of 17.50 lakh solar-powered agricultural pumps. Component C: Solarisation of 10 lakh…

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India witnessed a remarkable low Wind Solar Hybrid tariff of Rs 2.34/kWh

September 1, 2021
JMK Research
Market trends, Tenders

India witnessed a remarkable low Wind Solar Hybrid tariff of Rs 2.34/kWh Solar Energy Corporation of India (SECI) had conducted an e-reverse auction last week for its 1200 MW Wind Solar Hybrid Tranche IV tender. The tender was issued in April this year and had received an overwhelming response with total bids submitted for 5,980 MW capacity.  The tender specifies project commissioning timeline of 18 months from the date of PPA execution and a minimum CUF requirement of 30%. The…

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Webinar Insights: “Understanding Recent Solar Tariff Trends in India”

August 31, 2021
JMK Research
Market trends

Webinar Insights: “Understanding Recent Solar Tariff Trends in India” Solar tariff trends in the past have been very aggressive in India, reaching an all-time low of Rs. 1.99/unit in December 2020. However, since then, there has been an upward trend in tariffs. For instance, in the months of July and August, six auctions were concluded, adding up to a total of 3.7 GW of allotted projects. For plain vanilla solar tenders, the lowest tariff is Rs. 2.14/unit for the RUMSL…

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Will bifacial solar modules be the next big thing for India?

August 13, 2021
JMK Research
Market trends

Will bifacial solar modules be the next big thing for India? With falling price differential between mono and bifacial solar modules, installation of bifacial modules is likely to pick up pace in India as well. India’s first utility-scale solar plant with bifacial modules (400Wp swan bifacial panels by Jinko Solar) was recently commissioned by Fortum in May 2021. It has a DC capacity of 124 MW and is located in Jaisalmer, Rajasthan. Bifacial panels, as the name suggests, are solar…

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