Vinay Rustagi
Andhra Pradesh high court orders utilities to honour PPA agreements in key ruling for Indian renewables
In a substantial ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state circulation utilities (Discoms) must pay renewable business the terms they agreed to when they authorized power acquisition agreements (PPAs) within 6 weeks.
Mar 17, 2022 // Markets & Finance News, PPA, India, Asia, Vinay Rustagi, ReNew Power, Andhra Pradesh, Azure Power, judicial rulings, Girishkumar Kadam
Tariff ceilings as well as COVID-19 concerns haunt 500MW solar tender in Gujarat
Indian utility Gujarat Urja Vikas Nigam Ltd (GUVNL) has actually amassed simply 430MW of entries in its most current 500MW solar tender.
Mar 11, 2020 // Markets & Finance News, Tariffs, India, tender, Asia, Vinay Rustagi, gujarat, GUVNL, Coronavirus, tata, juniper, vena
Land vs transmission: Dilemma with India’s 55GW Pakistan border solar and wind plans
With land procurement continuing to hold back India’s PV sector, the government is considering up to 55GW of solar and wind projects along the border with Pakistan where there is an abundance of barren lands.
Oct 23, 2019 // Plants, Large-Scale, Commercial, India, Asia, Vinay Rustagi, Rajasthan, gujarat, Anand Kumar
India rebukes analyst claims it will miss clean energy targets
Expert warnings that India will be falling short of its renewable deployment targets have sparked a strong-worded rebuke from the government, which has slammed them as “ill-founded”
Oct 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Policy, India, Asia, auction, tariff, Vinay Rustagi, CRISIL, narendra modi, mnre
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
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