Monthly RE update – November 2022

Monthly RE update – November 2022

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Tenders

In November 2022, 12 new renewable energy (RE) tenders with a cumulative capacity of 3,911 MW were issued.

  • SECI issued a tender for setting up of 1200 MW Wind-Solar Hybrid Projects under Tranche VI with assured Peak Power Supply in India.
  • NTPC issued 1200 MW solar (BOS) tender in Gujarat in November 2022. In addition, NTPC floated 1000 MW wind (BOS) tender in Karnataka.

Details of new RE tenders issued in November 2022

Source: JMK Research

New RFS Issued

Tender Name

Technology

Tender Scope

Capacity (MW)

Other Details

Minimum CUF

Commissioning timeline from PPA signing

Bid Submission Date

SECI, 1200 MW, Wind Solar Hybrid with ESS (Tranche VI), Pan India, Nov 2022

Wind Solar Hybrid with ESS

Project Development

1200

EMD – INR 1.23 million/MW

PBG – INR 1.84 million/MW
50% 24 months

12th-Dec-2022

 

 

NTPC, 1200 MW, Solar (BOS), Gujarat, Nov 2022

Utility Scale Solar

BOS

1200

PBG-
300 MW-INR 50 million
600 MW- INR 200 million
900-1200 MW- INR 200 million

9th-Jan-2023

NTPC, 1000 MW, Wind (BOS), Karnataka, Nov 2022

Wind

BOS

1000

19th-Dec-2022

MSEDCL, 230 MW, Solar, Maharashtra, Nov 2022

Utility Scale Solar

Project Development

230

EMD – INR 0.1 million/MW

PBG – INR 0.5 million/MW

Ceiling Tariff – INR 3.3/kWh

19%

12 months

16th-Dec-2022

APDCL, 100 MW, Floating Solar, Assam, Nov 2022

Floating Solar

Project Development

100

EMD- INR 1.16 million/MW

PBG – INR 2.91 million/MW

Ceiling Tariff – INR 4.76/kWh

19%

18 months

7th-Dec-2022

GSECL, 60 MW, Wind (EPC), Gujarat, Nov 2022

Wind

EPC

60

18th-Nov-2022

 

APDCL, 50 MW, Solar, Assam, Nov 2022

Utility Scale Solar

Project Development

50

EMD- INR 0.89 million/MW

PBG – INR 2.24 million/MW

Ceiling Tariff – INR 4.40/kWh

16.21%

18 months

7th-Dec-2022

BHEL, 40 MW, Solar (O&M), Tamil Nadu, Nov 2022

Utility Scale Solar

O&M

40

EMD- INR 0.003 million

29th-Nov-2022

Directorate of Supplies & Disposals, 30 MW, Solar (EPC), Haryana, Nov 2022

Utility Scale Solar

EPC

30

EMD- INR 0.2 million

PBG – INR 0.1 million/MW

15%

3 months

19th-Dec-2022

MGVCL, 26 MW (KUSUM Component-C), Gujarat, Nov 2022

Small Scale Solar

EPC

26

PBG – INR 0.5 million/MW           

19%    

9 months

22nd-Nov-2022

SJVN, 15 MW, Floating Solar (EPC), Himachal Pradesh, Nov 2022

Utility Scale Solar

 

EPC

15

EMD- INR 11 million

21%

18 months

22nd-Nov-2022

 

SECI, 10 MW, Solar (O&M), Rajasthan, Nov 2022

Utility Scale Solar

O&M

10

EMD – INR 1.21 million

PBG – 3% of the contract value

5th-Dec-2022

 

WBSEDCL, 10 MW, Solar (EPC), West Bengal, Nov 2022

Utility Scale Solar

EPC

10

EMD – Phase I: INR 12.5 million Phase II: INR 12.5 million

PBG – 3% of the contract value

9 months

3rd-Jan-2022

PBG: Performance Bank Guarantee

EMD: Earnest Money Deposit

Source: JMK Research

Other announcements during the month were:

SECI has issued a tender for selection of Solar PV Module Manufacturers (SMM) for setting up Manufacturing Capacities for High Efficiency Solar PV Modules in India under the Production Linked Incentive Scheme (Tranche-II). The last date for bid submission is 9th January 2023. The following key details of the tender are mentioned below:

Basket

Extent of Integration

EMD Amount (INR Million/GW)

PBG Amount(INR Million/GW)

Commissioning Timeline

1

Polysilicon + Wafer + Cells + Modules

90

130

3 years

2

Wafer + Cell + Modules

60

90

2 years

3

Cells + Modules

40

60

1.5 years

The Ministry of New and Renewable Energy (MNRE) has issued a draft tender for selection of offshore wind power developers (OWPD) for leasing of sea-bed areas equivalent to 4000 MW of offshore wind power projects off the coast of Tamil Nadu, through International Competitive Bidding. Grid connectivity and Long-Term Open Access/ Access to grid under general network access (GNA) framework) to grid will be in the scope of the offshore wind power developer. The energy generated from offshore wind power projects is to be consumed in captive mode or sold to third party under open access framework. Successful bidder must submit the EMD of INR 10 million/project. The Scheduled Commissioning Date (SCD) of the full capacity of the Project is 48 months. The Central Government has extended the last date for suggestions from the public for the development of offshore wind energy in Tamil Nadu to 9th December 2022 from 28 November 2022.

PTC India Ltd has received an interest of supply of 3500 MW of RE from a total of 14 of the top RE producers against its Expression of Interest for procurement of 1000 MW for onward sale through market linked RE products. This is first of its kind development in Indian Power Market wherein a trading licensees intended to purchase renewable power for onward sale through market linked products. Most of the big domestic private players including Tata Power Renewable Energy Limited (TPREL), Torrent Power Limited, ReNew Power etc. participated in the process. Besides, many internationally renowned companies like Enel Green, Engie power etc. have also shown interest in the EOI process. The projects are mainly located in Rajasthan, Gujarat, MP and Karnataka. Developers have offered to commission the project within a period of 18-24 months.

Date Extensions

Tender Name

Technology

Tender Scope

Capacity (MW)

Other Details

Minimum CUF

Commissioning timeline from PPA signing

Bid Submission Date

SECI, 2250 MW, RE with storage (RTC III), Pan India, Sep 2022

RE with Storage

Project Development

2250

EMD – INR 1.27 million/MW

PBG – INR 1.84 million/MW

24 months

9th-Dec-2022

REMCL, 1548 MW, Solar, Pan India, Jul 2022

Utility Scale Solar

Project Development

1548

EMD – INR 1 million/MW PBG – INR 1.6 million/MW

19%

18 months

20th-Dec-2022

PSPCL, 1000 MW, Solar, Pan India, Apr 2022

Utility Scale Solar

Project Development

1000

EMD – INR 0.4 million/MW

PBG – INR 1 million/MW

Ceiling Tariff – INR 2.30/kWh

19%

18 months

2nd-Dec-2022

PSPCL, 1000 MW, Solar, Punjab, Apr 2022

Utility Scale Solar

Project Development

1000

EMD – INR 0.4 million/MW

PBG – INR 1.18 million/MW

19%

18 months

9th-Dec-2022

GUVNL, 700 MW, Solar Phase IX, Gujarat, Mar 2021

Utility Scale Solar

Project Development

700

EMD – INR 0.4 million/MWPBG – INR 0.94 million/MW

17%

15 months

30th-Jan-2023

GUVNL, 600 MW, Solar (Phase XVII), Gujarat, Sep 2022

Utility Scale Solar

Project Development

600

EMD – INR 0.4 million/MW

PBG – INR 0.94 million/MW

17%

15 months

15th-Dec-2022

GUVNL, 500 MW, Solar Phase (XVIII), Pan India, Oct 2022

Utility Scale Solar

Project Development

500

EMD – INR 0.4 million/MW


PBG – INR 0.8 million/MW

17%

18 months

7th-Dec-2022

GUVNL, 500 MW with 1000 MWh BESS (Phase-I), Gujarat, Aug 2022

Energy Storage System

Project Development

500 MW with 1000 MWh

EMD – INR 0.74 million/MW

PBG – INR 1.11 million/MW

18 months

6th-Dec-2022

GUVNL, 300 MW, Wind (Phase IV), Gujarat, Oct 2022 

Wind

Project Development

300

EMD- INR 1 million/MW

PBG – INR 2 million/MW

22%

24 months

30th-Dec-2022

Source: JMK Research

Auctions Completed

RUMSL announced the result of the remaining 300 MW floating solar tender in November 2022. TPDDL also concluded the auction of its 255 MW Wind Solar Hybrid tender this month.

Winners in the latest RE auctions

Source: JMK Research

Tender Name

Capacity tendered (MW)

Capacity allotted (MW)

Minimum CUF

Commissioning timeline

Winners Details

RUMSL, 300 MW, Floating Solar Phase II, Madhya Pradesh, Jul 2022

300

252

• NTPC – 90 MW (INR 3.69/kWh)

• SJVN – 83 MW (INR 3.70/kWh)

• Hinduja Renewables – 80 MW (INR 3.70/kWh)

TPDDL, 255 MW, Wind Solar Hybrid, Pan India, Aug 2022

255

255

30%

24 months

• Tata Power Renewable Energy – 255 MW (INR 3.00/kWh)

Source: JMK Research

Installed Capacity

From January 2022 to October 2022, India added solar capacity of 12.78 GW and wind capacity of 1.76 GW in the country. In the month of October 2022, 988 MW of solar and wind capacity was added.

RE installations in October 2022

Source: CEA, JMK Research
Note: Solar includes utility scale solar, rooftop solar and off grid/distributed solar segments

State wise RE installed capacity in October 2022

In October 2022, Rajasthan added the maximum renewable energy capacity of 383 MW in the country followed by Gujarat (214 MW) and Uttar Pradesh (128 MW).

State wise RE installed capacity in October 2022

Source: CEA, JMK Research
Note: RE capacity includes utility scale solar, rooftop solar and off grid/distributed solar, wind, small hydro and Bio power segment

Recently Commissioned RE projects

Developer

Technology

Tender Name

Capacity

Tariff (INR/kWh)

State

Green Continuum Energy

Hybrid

Open Access

87.5 MW

Gujarat

SJVN Ltd

Solar

UPNEDA 275 MW Solar Uttar Pradesh Feb 2021

75 MW

2.68

Uttar Pradesh

Terapanth Foods Limited

Solar

4 MW

Gujarat

Vibgyor Energy

Solar

1.5 MW

Jammu & Kashmir

TotalEnergies ENEOS

Solar

1 MWp

Tamil Nadu

Source: Industry news articles, JMK Research

Other key announcements that were made during the month were:

  • Sterlite Power which is currently owned by Vedanta Group is setting up more than 1,000 MW of wind/solar hybrid projects across Karnataka. The company is also planning to increase the RE capacity by 10 times over the next five years and investing about INR 50,000 crore in renewable energy sector.
  • ISMT Ltd, a diversified manufacturer of specialized seamless tubes, is planning to develop a 70 MW DC solar power plant for captive consumption. The solar plant will be set up in a phased manner with a total investment of up to INR 305 crore.
  • Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power receives the ‘Letter of Award’ (LoA) from the MSEDCL to set up 150 MW solar project in Solapur, Maharashtra. The project will be commissioned within 18 months from the PPA execution date.
  • Serentica Renewables has entered into an agreement with Greenko Group, to source 1500 MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will leverage Greenko’s energy storage capacity from its upcoming Off Stream Closed Loop Pumped Storage Projects (OCPSP) at Pinnapuram in Andhra Pradesh and Gandhi Sagar in Madhya Pradesh.

Monthly RE Generation

Renewable energy sources generated 10710 MU in November 2022, down by 12% from October 2022. Solar and Wind generation decreased by 7% and 23% respectively on month-on-month basis in November 2022.

Source-wise Renewable Energy Generation (MU) – India

Source: CEA, JMK Research

Investments/ Deals

In November 2022, about $1134 million was invested in the RE sector.

  • Sembcorp Industries has signed an agreement with India Infrastructure Fund II, a fund managed by Global Infrastructure Partners India Pvt Ltd, to acquire 100% interest in Vector Green for around INR 27.8 billion (approximately S$474 million). The deal is expected to get completed by the first quarter of 2023.
  • KKR and Serentica Renewables has signed the definitive agreements under which KKR will invest $400 million in the company.
  • BluPine Energy owned by Actis PE, has acquired a 404 MW operating pan-India solar portfolio from the Atha Group for INR 2000 crore (~$245 million).

Company Name

Deal Type

Sector

Investor

Deal Value

Stakes Acquired

Vector Green

Acquisition

Renewable

Sembcorp

$474 million

Serentica Renewables

Equity

Renewable

KKR

$400 million

Atha Group

Acquisition

Solar

BluPine Energy

$245 million

SolarSquare

Equity

Solar

Elevation Capital and LowerCarbon

$12.11 million

Clean Electric

Equity

Energy Storage

Climate Angles and Kalaari Capital

$2.2 million

Ethan Energy (Vibrant Energy)

Equity

Solar

Laurus Labs

$0.48 million

26%

Source: Industry news articles, JMK Research

Other key announcements that were made during the month were:

  • Edelweiss Real Assets Managers, part of Edelweiss Alternatives, an India-based alternative asset advisor, has closed its maiden energy infrastructure investment trust (InvIT) – AnZen India Energy Yield Plus Trust, with an initial asset under management of over INR 23 billion (~$283.03 million).  The proceeds are expected to be used towards a diversified portfolio of energy assets, including transmission lines and renewable energy projects.
  • The Competition Commission of India (CCI) has approved the proposed deal of Ontario Ltd which is an affiliate of Ontario Teachers’ Pension Plan Board (OTPPB) to acquire 30% stake in Mahindra Susten. The regulator also approved that the acquirer or its affiliate shall have the right to acquire an additional stake of up to 9.99% in MSPL by May 31, 2023. 
  • Bank of America has extended about INR 800 crore to ReNew Power in the renewable energy sector. The credit line is linked to two dedicated solar projects in India and the cash flows from these two projects will be used to repay the loan.
  • In addition, Kerala has secured an INR 817 crore loan from KfW, a German state-owned investment, and development bank, for the implementation of the Green Energy Corridor (GEC) projects of Kerala State Electricity Board (KSEB). The state government is implementing the GEC projects at an estimated cost of INR 1,457 crore. The GEC projects will have a commissioning timeline of 24 months from the award of works.
  • Transition VC, India’s first energy transition-focused venture capital (VC) fund, has launched its maiden fund with a target corpus of INR 400 crore, which also includes a greenshoe option of INR 200 crore. Transition VC will make seed investments in start-ups across sectors undergoing transition such as e-mobility, green hydrogen, energy storage, net-zero in buildings and climate-tech.
  • I Squared Capital, Brookfield and National Investment and Infrastructure Fund (NIIF) are in the discussions for acquiring CleanMax Enviro Energy Solutions. The proposed deal will value CleanMax at $1 billion inclusive of its debt.
  • BP Plc, Statkraft and I Squared Capital are in the race to buy Continuum Green Energy (India) Pvt. Ltd at an equity value of around $600 million. The companies have also signed non-disclosure agreements (NDA) for the transaction, which may rank among the largest clean energy transactions in India.
  • TPG is planning to sell its stake in Fourth Partner Energy for $300 million. TPG is working with Banks of America and Investec to manage the sale of its 52% stake in Fourth Partner Energy. Other investors, such as Norwegian sovereign fund Norfund, and founders, will continue to hold their stakes in the company. The stake sale is likely to fetch TPG around $300 million, but the overall deal size could be larger including some fresh equity investment by the incoming investor.
  • ReNew Energy Global Plc is planning to sell 1 GW of its operational clean energy capacity at an enterprise value of around $1 billion. The assets on offer include solar and wind assets and have an equity value of around $300 million. ReNew Power is planning to sell existing assets and reinvest the proceeds in building new clean energy assets.
  • Partners Group AG is planning to invest $300 million in Sunsure Energy for a majority stake.

GTAM Traded Volume

The IEX and PXIL together traded a total of 153 MU in GTAM in November 2022, which is 7% lesser than the volume traded in October 2022. The average trade price in IEX-GTAM for November 2022 was INR 5.31/kWh, while for PXIL it was INR 4.9/kWh. This is about 26% and 15% higher than the previous month’s prices.

GTAM traded volume and average traded price trend

Source: IEX, PXIL, JMK Research

Key Market Updates

RE Manufacturing

Manufacturing zones for solar and wind energy equipment to come up in Madhya Pradesh  

In April 2022, MoP had issued expressions of interest (EOI) from the states for setting up a manufacturing zone on a pilot basis for power and renewable energy equipment.  Madhya Pradesh Industrial Development Corporation (MPIDC) emerged as the successful bidder to set up manufacturing zones for solar and other renewable energy equipment. The zones will include manufacturing units with an investment of INR 10 billion. The duration of the project is until FY 2025-26.

ReNew Power setting up 2 GW solar cell and module facility in Gujarat

ReNew Power is setting up a 2 GW solar cell and module manufacturing facility in Gujarat which it expects to become operational by September 2023. It is setting up the plant over 100 acres at Dholera Industrial City Development Ltd with an investment of INR 2,000 crore. The capacity of the module plant is 2.4 GW. The cell line initially will have 2 GW capacity expandable to 4 GW in the future.

Indosolar board clears setting up 1 GW solar manufacturing facility

Indosolar Ltd board has approved setting up of 1 GW solar manufacturing facility. Further, it has given the nod for the sale of the assets of the companies which has become obsolete.

New Government Initiatives

Electricity consumers with 100 KW sanctioned load can get renewables supply via green energy portal

The government launched the green energy open access portal, which will allow electricity consumers having sanctioned load of 100 KW or above to get supply of renewables. Green energy open access is allowed to any consumer with load limit reduced from 1,000 kW to 100 kW. Open access has to be granted within 15 days. The application for open access can be made through portal. Order of processing of applications shall be First in First Out manner. Transmission system can be augmented for grant of Long-Term Open Access. Medium Term and Short-Term Open Access shall be approved, on spare capacity.

Solar import duty passthrough to lift tariff by up to 70 paise per unit

Renewable energy ministry’s move to consider basic customs duty (BCD) on import of solar cells and modules as a change-in-law event and allow for its passthrough could raise tariff by 50-70 paise per unit of electricity for eligible projects, according to CRISIL. The increased tariff will remain below the average power purchase cost for discoms in India. However, this announcement brings partial relief for up to 6 GW of solar projects already seeing elevated project costs as they are set to achieve import modules from this fiscal. The imposition of 40% BCD on import of modules and 25% on import of cells effective from April 1, 2022, has increased the project cost by about 25% depressing the already slim returns of developers.

Import duty sops for INR 1.3 lakh crore solar projects will continue

Solar projects involving investments of INR 1.3 lakh crore bid out before March 2021 will be exempted from the revenue department’s order scrapping lower customs duty under the concessional project import scheme for solar sector. The move will bring reprieve for INR 26,000 MW capacity under various stages for implementation for equipment imports worth INR 60,000 crore at 5% duty instead of the 40% basic customs duty (BCD) that came into effect from 1 April 2022. The ministry has also decided to give a 12-month extension to pre-March 2021 projects to ensure capacity addition did not suffer.

Green Hydrogen

Avaada plans to raise debt for their first green hydrogen project

Avaada is targeting to have its first project of green Ammonia plant including the green hydrogen plant operational by 2026 with a capacity of 1 MTPA which would be in the range of INR 40,000 crore to INR 45,000 crore. Avaada is already talking to the banks to raise debt for the same.

GR Promoter Group forms green hydrogen JV with Spain’s H2B2

India’s GR Promoter Group has formed a joint venture with Spain’s H2B2 Electrolysis Technologies (H2B2) to develop green hydrogen solutions. Each of the two partners will hold a 50% share in their new company, GreenH Electrolysis, which will operate in the Indian market. GreenH Electrolysis will manufacture water-based electrolyzers and develop green hydrogen production plants based on off-taker agreements.

Other Market Updates

JSW Energy postpones solar projects beyond 2024

JSW Energy Ltd. has postponed its solar projects beyond 2024. The company sees the delay due to an increase in basic custom duty on the import of solar cells and modules by 25% and 40%, respectively, from April 1, 2022. The company said that solar projects will be taken up after calendar year 2024. In the meantime, over the next 18 months, the company will commission over 2.5 GW of renewable capacity mostly in wind, hydro, and battery storage space.

Mahindra & Mahindra forms a new solar subsidiary

Mahindra & Mahindra has incorporated Emergent Solren as a wholly owned subsidiary of its arm Mahindra Holdings. Emergent Solren will be mainly engaged in the business of production and sale of solar power, generating electricity and also distributed energy including rooftop solar installation for the commercial, industrial, institutional and residential segment, solar water pumps and other related matters.

Tata Power solar and Union Bank to help MSMEs meet solar rooftop need

Tata Power Solar Systems Limited has tied up with The Union Bank of India (UBI) to help MSME (Micro, Small and Medium Enterprises) sector switch to solar solutions. The association will be implemented under UBI’s solar scheme called ‘Union Solar’. MSMEs can avail the dual services of Solar EPC by TPSSL, financed through term loan facility by UBI, wherein industries can avail up to INR 8 crore of loan amount at best possible interest rates with nil or minimum collateral. The scheme also requires a minimum down payment of only 20% of project cost thus making it very attractive for the MSME.

Standstill ends over 55 MW solar rooftop scheme in Rajasthan

MNRE has ended a stalemate involving discoms over 55 MW capacity under its subsidy scheme. The scheme first ran into rough weather in Rajasthan as to which government agency would implement the MNRE scheme. Finally, the discoms floated a tender and started the procedure after a delay. Meanwhile, MNRE floated another scheme where the subsidy is directly credited to customers under direct benefit transfer (DBT). MNRE wrote a letter to the discoms saying that the vendors can opt for any scheme and avail themselves of the benefits. In comparison to the scheme for which the discoms had issued tenders, subsidies are lower under the DBT scheme.

Tangedco sets time frame for sanctioning domestic rooftop solar system in Tamil Nadu

Those who are installing domestic rooftop system in Tamil Nadu, for them Tangedco has now set a time frame for either accepting or rejecting the applications. The entire process of issuing technical feasibility has to be completed within a time frame of 15 days from the date of payment by the applicant. The Union Ministry of New and Renewable Energy has allotted a capacity of 10 MW to Tangedco for the residential category under the central financial assistance scheme for rooftop solar programme phase II.

Comparing on m-o-m basis, price for global mono PERC modules have marginally decreased by 0.4% in November 2022.

Solar modules price trends

Source: PVInfoLink, JMK Research

Average prices for domestic modules

JMK Research carried out price survey from domestic suppliers for November 2022 and as per the responses received, the all-inclusive domestic module prices till project site (including freight charges, GST etc) for various categories are: 

  • The price for mono PERC 440 Wp modules was INR 29/Wp in November 2022, which is 3.3% lesser than the previous month’s price.
  • The November price of mono PERC 500 Wp modules was INR 31.5/Wp which is 1.3% less than the price of modules in October.
  • The price for Polycrystalline 330 Wp modules was INR 27/Wp, which is about 1.6% less than the previous month’s price.

Source: JMK Research

Note: Domestic module prices are all inclusive prices till project site including freight charges, GST, etc

Policies and Regulations

Central

Policy Name

Issuing Agency

Date of Issue

MNRE amends guidelines for tariff based competitive bidding for wind-solar hybrid projects

MNRE

2nd-Nov-2022

MNRE proposed draft amendment in Electricity Rules, 2005 related to captive generating plant

MNRE

2nd-Nov-2022

CERC determines levelized generic tariff for Small Hydro, Biomass and Biogas Projects for FY 2022-23

CERC

7th-Nov-2022

MoP requests stakeholder comments on Notification of Renewable Generation Obligation as per Revised Tariff Policy 2016

MoP

7th-Nov-2022

MoF issues a framework for issuance of sovereign green bonds

MoF

1st-Nov-2022

Anti-Dumping probe on Solar cell Imports from China, Thailand & Vietnam Terminated by DGTR

DGTR

9th-Nov-2022

State

Policy Name

Issuing Agency

Date of Issue

OERC issues draft Deviation Settlement Mechanism and related matters Regulations 2022

OERC

1st-Nov-2022

Adani Electricity Mumbai Ltd to procure 1000 MW from RE Power Projects bundled with Thermal Power Projects

Adani Electricity Mumbai

1st-Nov-2022

TSERC approves procurement of 2.5 GW of solar power by Telangana DISCOMs

TSERC

26th-Oct-2022

KSERC approves the short-term procurement of 10 MW solar power at tariff of INR 2.37/kWh

KSERC

10th-Nov-2022

MERC approves tariff of INR 3.10/kWh for 132.75 MW of solar power under Component A of KUSUM scheme

MERC

26th-Nov-2022

Uttar Pradesh government plans to generate 22,000 MW solar power in 5 years

UPNEDA

1st-Nov-2022

Uttar Pradesh Government issues draft policy for promote the Green hydrogen Policy

UP Government

1st-Nov-2022

KERC approves the Repowering of Wind Projects in Karnataka

KERC

15th-Nov-2022

Uttarakhand Government releases Draft Solar Power Policy 2022

Uttarakhand Government

1st-Nov-2022

HPERC issues draft RPO Regulations 2022

HPERC

23-Nov-2022

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