NLC India commissions 130MW solar project in Tamil Nadu, state drafts forecasting rule changes

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Flickr: Colin Houston

State-run coal mining and power firm NLC India has commissioned a 130MW solar project at Neyveli, in the Cuddalore district of Tamil Nadu.

The project is connected to a 33/110kV pooling substation. It made up of two 65MW blocks constructed by two different Indian EPC firms, with the first plant built by BHEL and the second by Jakson Engineers. Both plants used cells and modules sourced domestically.

The project is spread across four locations within Neyveli. It required INR7.53 billion (US$118 million) investment along with INR975 million (US$15.3 million) in viability gap funding (VGF) under the government’s Central Public Sector Undertaking (CPSU) scheme.

A 25-year power purchase agreement (PPA) has been signed with state utility TANGEDCO with a tariff of INR5.10/kWh (US$0.08).

An NLC filing on the Bombay Stock Exchange (BSE) said that the firm plans to complete 4GW of solar as part of the government's plans to deploy 175GW of renewables by 2022.

Deviation charges

In related news, the Tamil Nadu Electricity Regulatory Commission (TNERC) has published draft regulations for the ‘forecasting, scheduling, and deviation settlement of solar and wind’, which threaten deviation charges for developers in the case of under-injection of power.

The regulations are set to come into force once published in the Tamil Nadu government Gazette, with the related provisions regarding deviation charges and penalties to come into force six months later.

TNERC has invited stakeholders to submit comments on the draft by 27 January 2018.

The regulations apply to all grid-connected solar and wind projects in the state, excluding rooftop PV systems.

Last year, Indian states started to slowly adopt new forecasting rules to force solar energy plant operators and Regional load dispatch centres (RLDCs) to provide more frequent and accurate projections of energy production or face penalties.

Read Next

January 21, 2022
India is at risk of a supply and demand mismatch for solar equipment if domestic PV manufacturers are unable to meet the quantity and quality required by project developers, Fitch Solutions has warned.
January 13, 2022
Reliance Industries has signed a Memorandum of Understanding (MoU) with the government of Gujarat for a total investment of INR5.955 lakh crore (US$80 billion) over 10-15 years to establish 100GW of renewables and set up green technology manufacturing facilities in the state.
January 10, 2022
Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”.
January 10, 2022
Indian conglomerate Adani Group has set up a new subsidiary focused on areas including manufacturing solar equipment and producing green hydrogen.
January 7, 2022
India’s state-owned National Hydroelectric Power Corporation (NHPC) has signed an agreement with the Green Energy Development Corporation of Odisha Ltd (GEDCOL) for the development of 500MW of floating solar projects in the eastern state of Odisha.
January 6, 2022
Renewables developer Hero Future Energies (HFE) has formed a partnership with electrolyser manufacturer Ohmium International to develop and build 1GW of green hydrogen plants across India, the UK and Europe.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal