Uma Gupta
MNRE opens facilitation centre for renewable energy investors
The Centre will work as a fast-track mechanism in resolving the investors’ issues and taking the ease-of-doing business ranking to a notch higher.
Larsen & Toubro wins 20 MW floating solar project for NTPC
The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.
Qatar Investment Authority buys 25.1% stake in Adani Electricity Mumbai
The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).
EVs: India lacks authorized Lithium-ion battery recycling facilities
Any proponent can install such facility in the country, said Minister of State for Environment, Forest And Climate Change, noting that technologies are available for complete recycling of lithium batteries to recover valuable metals.
Gujarat tenders 685 MW grid-connected solar capacity
Gujarat Urja Vikas Nigam Ltd has invited global bids to set up 500 MW of grid-connected solar projects. It shall enter into a 25-year PPA with successful bidders. Tariff ceiling is set as Rs 2.65/unit. Another tender for 185 MW—floated by Gujarat State Electricity Corporation Limited—seeks to select EPC contractors for plants ranging from 20 MW to 40 MW, which shall come up at various substations of Gujarat Energy Transmission Corporation Limited.
India’s lithium-ion battery imports increase fourfold in two years
China, Hong Kong and Vietnam are the top three nations exporting batteries to India. Chinese imports were worth $773 million in the last fiscal year with Hong Kong shipping $267 million worth and Vietnam $114 million, according to the Ministry of Commerce.
Clarify basic customs duty on solar modules as Change in Law, NSEFI writes to SECI
Solar cells and modules will continue to attract zero basic customs duty unless exemption notification 24/2005, dated March 1, 2005 is amended to reflect the 20% increase by Ministry of Finance, said the lobby group.
Decoding the Adani-Total solar deal
While the stake sale in solar portfolio will allow Adani to carry out its contracted pipeline efficiently, it could also mean commercial & industrial (C&I) rooftop as a growth opportunity for both the companies—according to Wood Mackenzie analysts.
94% households with solar home system say quality of life improved: GOGLA Research
Eleven per cent reported an increase in income levels by up to $66 per month on average. The impacts are seen even though a majority of solar home system customers also have grid access, highlighting that, as a complement to the grid, small scale solar still has a key role to play.
Total to buy 50% stake in Adani Group’s 2.1 GW solar portfolio
The French oil and gas giant—which is already a partner in Adani’s natural gas business—will now invest US$ 510 million to buy 50% stake in 2,148 MWac operating solar power projects owned by Adani Green Energy Limited.
