discoms

Consultancy firm Bridge to India explains how the proposed changes are a major improvement on the current framework.

Indian states are slowly adopting new forecasting rules that will force solar energy plant operators and Regional load dispatch centres (RLDCs) to provide more frequent and accurate projections of energy production or face penalties.

India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.

India’s famously weak grids should be able to integrate the planned addition of 175GW of renewable energy by 2022, according to a report released by the central government.

The Indian Power Ministry has put forward plans to compensate for grid curtailment of existing renewable energy projects, according to credit rating agency India Ratings and Research (Ind Ra).

The state distribution company in the Indian state of Andhra Pradesh has issued a tender for 100MW of solar PV at the Ananthapuramu-II solar park in Talaricheruvu via an EPC contract.

Fears about India’s largest procurer of solar energy being unable to cope with payment defaults have been allayed by its inclusion in a payment security mechanism, according to the latest update from consultancy firm Bridge to India.

The Indian states of Telangana and Assam have joined the government’s major rescue package for the country’s debt-laden distribution companies (Discoms), on the same day that a web portal and mobile app for the scheme was launched.

India has proposed providing a grant of up to INR3.75 million per MW (US$54,100) to encourage distribution companies to support net metering of rooftop solar on their networks.

India is expected to add more than 9GW of solar PV capacity this year, but its long-term renewable energy future requires adding transmission capacity and removing bottlenecks immediately, according to the latest quarterly solar market update from consultancy firm Mercom Capital Group.