India imported solar cells and modules worth $1.3 billion from China in FY2019-20. Domestic manufacturers have demanded a level playing field to compete against cheaper imports.
Bids are invited from Indian manufacturers to supply polycrystalline solar modules with an efficiency of a minimum 16.75%. Bidding closes on September 3.
The market-based mechanism will allow resource-rich and resource-deficit States to trade renewable energy and balance their renewable purchase obligation (RPO) targets.
The Mumbai-based manufacturer has a 2 GW state-of-the-art solar module manufacturing capacity in Gujarat and is setting up an additional Rs 11-billion modules and cells factory in the state.
Hospitality major IHC has signed a 25-year power purchase agreement with Tata Power arm TP Kirnali Solar, which will allow it to meet up to 60% power requirement of its Mumbai hotels with solar energy.
August 21 is the deadline to submit bids for supply of 4.50W (4-/5-busbar), 4.60W (5-busbar) and 4.67W (5-busbar) multi-crystalline solar cells. Only Indian manufacturers are eligible to participate.
Low solar tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only safeguard duty of 14.9% is applicable, according to JMK Research.
The Indian power distribution sector needs bold policy choices such as the closure of old, inefficient coal-based power plants to improve its financial viability. Early retirement of expensive coal power contracts will result in significant savings for the states as they can contract cleaner, cheaper renewable power.
The scope of work for the successful bidder includes supply, installation, and commissioning of the supplied units at the project site. Bidding closes on August 17.
Bids are invited from Indian manufacturers to supply 72-cell, 325Wp polycrystalline solar modules made using domestically manufactured cells. August 20 is the last date to lodge the interest.
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