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NSEFI Solar News Bulletin 23.03.2021

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NSEFI Representations
Comments / suggestions on Petition No. 1954 of 2021 filed by GUVNL before Hon’ble GERC for incorporating provision regarding “Change in Law” in the PPAs to be executed by State DISCOMs with Project Developers under the Govt. of Gujarat’s “Policy for Development of Small Scale Distributed Solar Projects - 2019” notified vide G.R. No. SLR/11/2019/51/B1 dated 06-03-2019 and approval of draft PPA.

NSEFI suggested GERC over Early signing of PPA wrt. to timelines; Extended timeline for Supervision charges payment; Increment in GERC approved tariff considering increased risk; CIL to be incorporated since application invitation date and release of a suo-moto order for tariff revision @ps/kwh impact on 10L/MW for promotion of Solar power and attract investment in the state.Read More

Revised Procedure for Scheduling of Power to Distribution Company in the event of Non-maintenance of Letter of Credit – Request for Clarification

NSEFI requested Ministry of Power and POSOCO on Payment Security mechanism, seeking clarification and suggestions over single login credential for multiple RE plants with common ownership; non-scheduling of power to DISCOMs for non-LC opening while RE being scheduled; Equal treatment of intrastate RE generators and non-imposition of additional conditions; and suggestion over deemed approval for Open Access in case of third party saleRead More

NSEFI Member in News
CCI Approves Majority Acquisition of NESCO by Tata Power

The Competition Commission of India (CCI) has approved the acquisition of 51% of the equity share capital of NESCO Utility by Tata PowerRead More

Top Stories
NVVN to Enlist EPC Contractors for Floating and Ground-Mounted Solar Projects

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Limited, has invited bids to enlist engineering...Read More

Renewables share in electricity generation must grow 55-fold for India to achieve net-zero emissions by 2050

A new report presents four alternative scenarios for India to achieve net-zero emissions, highlighting that the effort required would be very high for a scenario with 2030 as a peaking year for emissions and 2050 for net-zero.Read More

BHEL Lands its First Overseas EPC Contract for 8 MW of Solar Projects in Mauritius

Bharat Heavy Electricals Limited (BHEL) announced its plans to set up an 8 MW solar project at Tamarind Falls, Henrietta (Phase-II)Read More

MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE

The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022Read More

India’s $122bn energy stimulus spending may benefit fossil fuels most

A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.Read More

Wholesale power markets may be the linchpin of India-US cooperation on climate change and renewable energy integration

In February 2021, Prime Minister Modi’s first communique with American President Joe Biden has unsurprisingly catapulted climate change cooperation to the forefront of India-U.S. relations.Read More

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