The investigating arm of India’s commerce ministry has proposed continuing to apply the duty levied on solar cell imports from the east at a rate of 14.9% from July 30 and falling to 14.5% six months later.
Indian solar manufacturers have cried foul over a system which exempts imported panels from yet-to-be-announced tax regimes but offers no such protection to domestic products.
The National Solar Energy Federation of India said the project timeline relaxation provided by the Ministry of New and Renewable Energy is insufficient as construction continues to be severely hampered. Labour exodus and procurement delays (due to restrictions on international travel) are among the reasons affecting project progress.
The company has bagged an order from state-run Chittaranjan Locomotive Works to supply transformers for goods and passenger locomotive engines.
The renewable energy developer—which owns and operates 172 MW of wind capacity in India—has claimed its first solar tender win in the country with a SECI award for 300 MW power.
The winning bid, for 300 MW of generation capacity by Spanish developer Solarpack in a 2 GW auction is 3.3% lower than the previous record of Rs2.44.
A 2 GW tender conducted by the Solar Energy Corporation of India has reportedly concluded with prices of Rs2.36-2.38/kWh, according to a tweet which emerged this afternoon.
The state-owned power generator plans to procure around 1 GW of crystalline solar modules in the current financial year. The requirement will increase to 2-2.5 GW capacities per year in subsequent years.
The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market.
The government needs to rationalize and ensure uniformity of Deviation Settlement Mechanism (DSM) regulations across the country for the seamless integration of renewable energy.
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