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INDIAN SOLAR
NEWS & UPDATES
WEEK 4, JULY 2021
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26 July , 2021
https://mercomindia.com/regulator-rejects-petition-refund-liquidated-damages/
The Karnataka Renewable Energy Development Limited (KREDL)
accepted a bid from Kavit Green Energy to develop a 5 MW solar
project at Challakere taluk in the Chitradurga district of Karnataka.
The tariff for the same was set at ₹7.10 (~$0.095)/kWh.
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26 July , 2021
https://www.pv-magazine-india.com/2021/07/26/prioritizing-efficient-plants-in-coal-power-dispatch-could-save-inr-9000-crore-annually/
The study found that prioritizing efficiency-based dispatch during
this time could have improved coal fleet efficiency by 1.9%,
resulting in annual coal savings of 42 million tonnes (MT) and a
commensurate reduction in greenhouse gas emissions.
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26 July , 2021
https://www.pv-magazine-india.com/2021/07/26/seci-to-issue-2-gwh-energy-storage-system-tender-by-august-end/
The energy storage system projects will be set up on a build-
own-operate basis. SECI shall sign a 25-year agreement with the
successful bidders.India has reached 96.95 GW of cumulative
grid-interactive renewable energy capacity(excluding large
hydro) as of June 30, 2021, and is aiming for 450 GW by 2030.
WWW.SOLAROCTA.COM
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26 July , 2021
https://mercomindia.com/rajasthan-electronics-tender-solar-jaipur/
The last date for submission of bids is August 12, 2021, and the
bids would be opened on August 13.
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26 July , 2021
https://mercomindia.com/tender-issued-rooftop-solar-jharkhand/
The last date for the submission of bids is August 4, 2021. The
technical bidding will be held on August 6, 2021.
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26 July , 2021
https://www.eqmagpro.com/by-2030-cut-per-capita-emission-to-global-average-india-to-g20/
Currently, India’s per capita greenhouse gas (GHG) emission is
around 1.96 tCO2e which is less than one-third of the world’s
per capita GHG emissions (6.55 tCO2e). On the other hand, the
US has 17.6 tCO2e, Canada has 15.7 tCO2e, Australia has 14.9
tCO2e, Germany has 10.4 tCO2e, UK has 8.1 tCO2e, France has
6.6 tCO2e and China has 6.4 tCO2e of per capita emission
WWW.SOLAROCTA.COM
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26 July , 2021
https://www.eqmagpro.com/union-power-minister-and-minister-of-state-for-power-release-a-report-on-key-regulatory-parameters-of-power-
utilities-as-part-of-azadi-ka-amrit-mahotsav/
REC’s new corporate office, spread over 4.2 acres, is a
bioclimatic building boasting of a plaza and a 400-seat
auditorium. It is a net-zero building powered by its own 1MW
rooftop solar plant, and has been awarded by GRIHA summit
WWW.SOLAROCTA.COM
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26 July , 2021
https://www.pv-magazine-india.com/2021/07/26/hitachi-abb-power-grids-commissions-ultra-high-voltage-dc-link-connecting-indian-states/
The ±800 kV, 6GW link can meet the electricity needs of more than 80
million people. It stretches 1,800-kilometers to connect Raigarh in
Central India to Pugalur in the southern state of Tamil Nadu. Reliable
power can now be transmitted in either direction depending on demand
WWW.SOLAROCTA.COM
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27 July , 2021
https://mercomindia.com/ministry-power-plan-revamp-discoms/
According to the MoP, the outlay for the program is ₹3.03
trillion (~$40.82 billion), with budgetary support of ₹976.31
billion (~$13.1 billion) from the Government of India.
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27 July , 2021
https://www.eqmagpro.com/reits-invits-gaining-traction-in-india-investment-trusts-raise-over-9-7-bn-in-capital-ey/
According to the report, InvITs are expected to play a key role in
the monetisation of existing projects in some sectors namely
roads and highways, conventional power, renewable energy,
airports, railways, digital infrastructure, etc.
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27 July , 2021
https://mercomindia.com/commission-adopts-tariff-secis-1070-mwsolar-projects-rajasthan/
In July last year, SECI issued a request for selection to set up
1,070 MW of grid-connected solar projects in Rajasthan (Tranche-
III).
WWW.SOLAROCTA.COM
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27 July , 2021
https://mercomindia.com/karnataka-net-metering-rooftop-solar/
In its proposal, the Commission had suggested generic tariffs of
₹3.82 (~$0.0526)/kWh for residential rooftop solar systems
between 1 kW and 10 kW, and ₹2.84 (~$0.0391)/kWh for
projects between 1 kW and 2 MW (large-scale).
WWW.SOLAROCTA.COM
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27 July , 2021
https://mercomindia.com/empanelment-rate-contract-tender-off-grid-solar-projects/
The tentative capacity is 3 MW, which may widely vary,
depending upon the demands received by UPNEDA. The tender
includes a comprehensive five-year warranty for systems above 1
kW to 10 kW across various locations in Uttar Pradesh.
WWW.SOLAROCTA.COM
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27 July , 2021
https://www.eqmagpro.com/bidders-list-at-rumsl-neemuch-solar-park-bid/
WWW.SOLAROCTA.COM
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27 July , 2021
https://www.eqmagpro.com/fitch-rates-cleantech-energys-proposed-usd-notes-first-time-bb-minus/
Acme RG1 operates solar generation assets with combined capacity
of 450 MW (or 605 MWp) in eight Indian states
WWW.SOLAROCTA.COM
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28 July , 2021
https://www.eqmagpro.com/kkr-backed-virescent-files-papers-for-invit-to-list-its-indian-solar-assets/
Mumbai headquartered Virescent currently manages 394.35
megawatt (MW) of solar assets in Maharashtra, Gujarat,
Rajasthan, Uttar Pradesh and Tamil Nadu..
WWW.SOLAROCTA.COM
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28 July , 2021
https://www.pv-magazine-india.com/2021/07/28/commercial-and-industrial-rooftops-could-deploy-1875-mw-of-solar-in-2021/
As of 2020, India had deployed a rooftop solar capacity of 7,920 MW,
with at least 75% of the installations done in the commercial and
industrial segment
WWW.SOLAROCTA.COM
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29 July , 2021
https://www.eqmagpro.com/total-power-generation-from-non-fossil-fuel-sources-reaches-39-of-total-installed-capacity/
Government of India had set a target of 1,75,000 MW installed
capacity from renewable sources by the year 2022 which
includes 1,00,000 MW from Solar, 60,000 MW from Wind,
10,000 MW from Biomass and 5000 MW from Small Hydro.
WWW.SOLAROCTA.COM
www.solarocta.com | +91-8851067914
29 July , 2021
https://www.pv-magazine-india.com/2021/07/29/ifc-makes-126-million-equity-investment-in-indias-federal-bank/
IFC, and two investment funds managed by IFC Asset Management
Company, IFC Financial Institutions Growth Fund and IFC Emerging
Asia Fund, raised a 4.99% stake in Federal Bank Limited with the
investment
WWW.SOLAROCTA.COM
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29 July , 2021
https://www.pv-magazine-india.com/2021/07/29/financial-feasibility-of-behind-the-meter-solar-plus-storage-in-india/
Commercial users will start seeing solar-plus-energy storage becoming
financially viable to reduce their electricity bills as early as 2023 for all
battery types And, by 2025, even sizing the battery to store up to 50%
of generated solar energy becomes viable.
WWW.SOLAROCTA.COM
www.solarocta.com | +91-8851067914
29 July , 2021
https://mercomindia.com/ifc-invests-federal-bank-esg-portfolio/
The investment is expected to boost Federal Bank’s Tier 1 capital
adequacy ratio (CAR) and expand its micro, small and medium-
sized enterprises (MSME) and climate finance portfolios
WWW.SOLAROCTA.COM
www.solarocta.com | +91-8851067914
30 July , 2021
https://www.eqmagpro.com/power-engineers-employees-hold-conventions-against-electricity-amendment-bill-2021/
State-level conventions were held on Thursday in different states by
power sector engineers and employees to protest against the
Electricity (Amendment) Bill, 2021, and the indifferent attitude of
the central government towards them,” AIPEF said in a statement.
WWW.SOLAROCTA.COM
www.solarocta.com | +91-8851067914
30 July , 2021
https://mercomindia.com/daily-news-wrap-up-smart-meters-country/
In Chandigarh, 29,500 smart meters are currently being installed
under Sub Division 5 Project and 184,000 under Complete City
Project; the projects are scheduled to be completed by March 2022.
WWW.SOLAROCTA.COM
www.solarocta.com | +91-8851067914
30 July , 2021
https://www.saurenergy.com/solar-energy-news/rec-limited-issues-125-mw-solar-tender-for-uttar-pradesh-districts
The size of the solar projects has been pegged at 50 MW ac for
Kanpur and 75 MW ac for Jalaun. The location f the proposed
project sites is 12 Kms and 20 kms from the nearest sub station
with a 132 KV line.
company/SolarOcta
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Indian Solar News | week 4 July 2021 - Solar Power roadmap, 39% india's 39% power from Renewables

  • 1. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 INDIAN SOLAR NEWS & UPDATES WEEK 4, JULY 2021
  • 2. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://mercomindia.com/regulator-rejects-petition-refund-liquidated-damages/ The Karnataka Renewable Energy Development Limited (KREDL) accepted a bid from Kavit Green Energy to develop a 5 MW solar project at Challakere taluk in the Chitradurga district of Karnataka. The tariff for the same was set at ₹7.10 (~$0.095)/kWh.
  • 3. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://www.pv-magazine-india.com/2021/07/26/prioritizing-efficient-plants-in-coal-power-dispatch-could-save-inr-9000-crore-annually/ The study found that prioritizing efficiency-based dispatch during this time could have improved coal fleet efficiency by 1.9%, resulting in annual coal savings of 42 million tonnes (MT) and a commensurate reduction in greenhouse gas emissions.
  • 4. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://www.pv-magazine-india.com/2021/07/26/seci-to-issue-2-gwh-energy-storage-system-tender-by-august-end/ The energy storage system projects will be set up on a build- own-operate basis. SECI shall sign a 25-year agreement with the successful bidders.India has reached 96.95 GW of cumulative grid-interactive renewable energy capacity(excluding large hydro) as of June 30, 2021, and is aiming for 450 GW by 2030.
  • 5. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://mercomindia.com/rajasthan-electronics-tender-solar-jaipur/ The last date for submission of bids is August 12, 2021, and the bids would be opened on August 13.
  • 6. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://mercomindia.com/tender-issued-rooftop-solar-jharkhand/ The last date for the submission of bids is August 4, 2021. The technical bidding will be held on August 6, 2021.
  • 7. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://www.eqmagpro.com/by-2030-cut-per-capita-emission-to-global-average-india-to-g20/ Currently, India’s per capita greenhouse gas (GHG) emission is around 1.96 tCO2e which is less than one-third of the world’s per capita GHG emissions (6.55 tCO2e). On the other hand, the US has 17.6 tCO2e, Canada has 15.7 tCO2e, Australia has 14.9 tCO2e, Germany has 10.4 tCO2e, UK has 8.1 tCO2e, France has 6.6 tCO2e and China has 6.4 tCO2e of per capita emission
  • 8. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://www.eqmagpro.com/union-power-minister-and-minister-of-state-for-power-release-a-report-on-key-regulatory-parameters-of-power- utilities-as-part-of-azadi-ka-amrit-mahotsav/ REC’s new corporate office, spread over 4.2 acres, is a bioclimatic building boasting of a plaza and a 400-seat auditorium. It is a net-zero building powered by its own 1MW rooftop solar plant, and has been awarded by GRIHA summit
  • 9. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 26 July , 2021 https://www.pv-magazine-india.com/2021/07/26/hitachi-abb-power-grids-commissions-ultra-high-voltage-dc-link-connecting-indian-states/ The ±800 kV, 6GW link can meet the electricity needs of more than 80 million people. It stretches 1,800-kilometers to connect Raigarh in Central India to Pugalur in the southern state of Tamil Nadu. Reliable power can now be transmitted in either direction depending on demand
  • 10. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://mercomindia.com/ministry-power-plan-revamp-discoms/ According to the MoP, the outlay for the program is ₹3.03 trillion (~$40.82 billion), with budgetary support of ₹976.31 billion (~$13.1 billion) from the Government of India.
  • 11. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://www.eqmagpro.com/reits-invits-gaining-traction-in-india-investment-trusts-raise-over-9-7-bn-in-capital-ey/ According to the report, InvITs are expected to play a key role in the monetisation of existing projects in some sectors namely roads and highways, conventional power, renewable energy, airports, railways, digital infrastructure, etc.
  • 12. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://mercomindia.com/commission-adopts-tariff-secis-1070-mwsolar-projects-rajasthan/ In July last year, SECI issued a request for selection to set up 1,070 MW of grid-connected solar projects in Rajasthan (Tranche- III).
  • 13. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://mercomindia.com/karnataka-net-metering-rooftop-solar/ In its proposal, the Commission had suggested generic tariffs of ₹3.82 (~$0.0526)/kWh for residential rooftop solar systems between 1 kW and 10 kW, and ₹2.84 (~$0.0391)/kWh for projects between 1 kW and 2 MW (large-scale).
  • 14. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://mercomindia.com/empanelment-rate-contract-tender-off-grid-solar-projects/ The tentative capacity is 3 MW, which may widely vary, depending upon the demands received by UPNEDA. The tender includes a comprehensive five-year warranty for systems above 1 kW to 10 kW across various locations in Uttar Pradesh.
  • 15. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://www.eqmagpro.com/bidders-list-at-rumsl-neemuch-solar-park-bid/
  • 16. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 27 July , 2021 https://www.eqmagpro.com/fitch-rates-cleantech-energys-proposed-usd-notes-first-time-bb-minus/ Acme RG1 operates solar generation assets with combined capacity of 450 MW (or 605 MWp) in eight Indian states
  • 17. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 28 July , 2021 https://www.eqmagpro.com/kkr-backed-virescent-files-papers-for-invit-to-list-its-indian-solar-assets/ Mumbai headquartered Virescent currently manages 394.35 megawatt (MW) of solar assets in Maharashtra, Gujarat, Rajasthan, Uttar Pradesh and Tamil Nadu..
  • 18. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 28 July , 2021 https://www.pv-magazine-india.com/2021/07/28/commercial-and-industrial-rooftops-could-deploy-1875-mw-of-solar-in-2021/ As of 2020, India had deployed a rooftop solar capacity of 7,920 MW, with at least 75% of the installations done in the commercial and industrial segment
  • 19. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 29 July , 2021 https://www.eqmagpro.com/total-power-generation-from-non-fossil-fuel-sources-reaches-39-of-total-installed-capacity/ Government of India had set a target of 1,75,000 MW installed capacity from renewable sources by the year 2022 which includes 1,00,000 MW from Solar, 60,000 MW from Wind, 10,000 MW from Biomass and 5000 MW from Small Hydro.
  • 20. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 29 July , 2021 https://www.pv-magazine-india.com/2021/07/29/ifc-makes-126-million-equity-investment-in-indias-federal-bank/ IFC, and two investment funds managed by IFC Asset Management Company, IFC Financial Institutions Growth Fund and IFC Emerging Asia Fund, raised a 4.99% stake in Federal Bank Limited with the investment
  • 21. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 29 July , 2021 https://www.pv-magazine-india.com/2021/07/29/financial-feasibility-of-behind-the-meter-solar-plus-storage-in-india/ Commercial users will start seeing solar-plus-energy storage becoming financially viable to reduce their electricity bills as early as 2023 for all battery types And, by 2025, even sizing the battery to store up to 50% of generated solar energy becomes viable.
  • 22. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 29 July , 2021 https://mercomindia.com/ifc-invests-federal-bank-esg-portfolio/ The investment is expected to boost Federal Bank’s Tier 1 capital adequacy ratio (CAR) and expand its micro, small and medium- sized enterprises (MSME) and climate finance portfolios
  • 23. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 30 July , 2021 https://www.eqmagpro.com/power-engineers-employees-hold-conventions-against-electricity-amendment-bill-2021/ State-level conventions were held on Thursday in different states by power sector engineers and employees to protest against the Electricity (Amendment) Bill, 2021, and the indifferent attitude of the central government towards them,” AIPEF said in a statement.
  • 24. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 30 July , 2021 https://mercomindia.com/daily-news-wrap-up-smart-meters-country/ In Chandigarh, 29,500 smart meters are currently being installed under Sub Division 5 Project and 184,000 under Complete City Project; the projects are scheduled to be completed by March 2022.
  • 25. WWW.SOLAROCTA.COM www.solarocta.com | +91-8851067914 30 July , 2021 https://www.saurenergy.com/solar-energy-news/rec-limited-issues-125-mw-solar-tender-for-uttar-pradesh-districts The size of the solar projects has been pegged at 50 MW ac for Kanpur and 75 MW ac for Jalaun. The location f the proposed project sites is 12 Kms and 20 kms from the nearest sub station with a 132 KV line.
  • 26. company/SolarOcta THANK YOU IF YOU GOT VALUE IN THESE NEWS COVERAGE DO HIT LIKE AND SUBSCRIBE & SHARE THE KNOWLEDGE WITH YOUR SOLAR INDUSTRY FRIENDS www.solarocta.com | +91-8851067914