The safeguard duty imposed in July 2018 was pegged at 25% for the first year, 20% for the next six months, and 15% for the last six months ending in July this year. The idea was to somewhat level the playing field for Indian manufacturers.
The Distributed Solar Power Association, a body of solar rooftop developers, told ET it’s likely to soon file a petition before the Haryana Electricity Regulatory Commission protesting the power discoms’ reluctance.
"Power generation (including renewable power generation) is an essential service for securing smooth and uninterrupted power flow across and within states ," the ministry said in a notification addressed to concerned authorities of all states. There is a need to ensure uninterrupted power supply in the current scenario of Covid-19 outbreak and nationwide lockdown, it said.
Power generation (including renewable power generation) is an essential service for securing smooth and uninterrupted power flow across and within states. There is a need to ensure uninterrupted power supply in the current scenario of Covid-19 outbreak and nationwide lockdown.
Vena Energy, Juniper Energy and Tata Power won 40MW, 190MW and 120MW at tariffs of Rs 2.61, Rs 2.63 and Rs 2.64 per unit, respectively in an auction conducted by Gujarat's main distribution company, Gujarat Urja Vikas Limited (GUVNL) on Wednesday for 350MW of solar capacity.
Indian green power firms can no longer take for granted that the tariffs at which they won projects in auctions will actually be adopted, Ranjit Gupta CEO of solar developer Azure Power told ET, citing it as a challenge for the sector.
Sources close to the development said about Rs 600 crore has been paid to wind and solar developers. A hearing on the matter of pending payment was to be held Thursday.
A 500 MW solar tender issued by Gujarat has received a lukewarm response because most solar energy generators found the ceiling tariff to be too low, industry insiders said.
Softbank-backed SB Energy, AMP Energy and French state-run power major EDF won 600 MW, 100 MW and 300 MW, respectively, at a tariff of Rs 2.50 per unit, while Renew Power won 200 MW at Rs 2.51 per unit.
Government's ambitious 40 gigawatt rooftop solar power generation project might not be fulfilled by 2022 because, according to industry experts, electricity distribution companies in several states have been reluctant to support installation and integration of rooftop solar energy because of potential revenue loss for each unit of power generated.
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