Andhra Pradesh Archives - JMK Research & Analytics

5.3 GW of Floating Solar Projects under various stages of development in India

August 12, 2019

5.3 GW of Floating Solar Projects under various stages of development in India Last week, Uttar Pradesh Cabinet cleared 150 MW floating solar plant on Rihand dam. It will be the biggest such plant in India and is expected to be commissioned by May 2020. ReNew got 100 MW while Shapoorji Pallonji got 50 MW at a tariff of INR 3.36/ unit. With increasing land acquisition problems for utility-scale solar, floating solar plants make a good business case for developers.…

Storage tenders of 169 MWh capacity issued in last one year in India

July 22, 2019

JMK Research

Tenders

Storage tenders of 169 MWh capacity issued in last one year in India Government of India expects to achieve a renewable energy capacity target of 260 GW by 2024. To support this growing share of renewables in the country, according to CEA, we require at least 136 GWh of energy storage systems by 2030. However, the current commissioned capacity of solar energy storage is only about 10.75 MWh in India. In last one year, about 169 MWh of storage tenders with 246.7…

Andhra Pradesh PPA cancellation/ renegotiation controversy: Acme, Tata, Vector Green and Greenko assets at maximum risk

July 15, 2019

JMK Research

Market trends

Andhra Pradesh PPA cancellation/ renegotiation controversy: Acme, Tata, Vector Green and Greenko assets at maximum risk Last month, in Andhra Pradesh, the newly appointed chief minister Mr. YS Jaganmohan Reddy, has constituted a High Level Negotiation Committee (HLNC) to revisit solar and wind power purchase contracts as it is believed that they were signed at higher rates than the other states. In his view, the higher rates could be attributed to corruption. This move has caused a stir in the…

Solar projects installation trends in FY 2019 – Third party sale

July 2, 2019

JMK Research

Market trends

Solar projects installation trends in FY 2019 – Third party sale In FY 2019, about 270 MW of third party sale/ Open access (OA) solar projects are installed which is 83% lesser than previous year installation (1,685 MW). In FY 2018, about 86% of total OA solar projects (1,450 MW) were installed in Karnataka only. Reason for this are the waivers offered on most open access charges (including transmission and wheeling charges, CSS charges) in Karnataka until March 31, 2018.…