India's first wind power auction to upend traditional business model | BTI
India’s first ever wind power auction has resulted in a record low wind power tariff of Rs 3.46 (US¢ 5.2)/kWh, just marginally higher than the record low levelised tariff of Rs 3.29 (US¢ 4.9)/kWh in the recent Rewa solar auction. Mytrah, Sembcorp, Inox and Ostro are the winning bidders and will be awarded 250 MW each. Successful bidders will sign 25-year PPAs with PTC India, which will sign back-to-back PPAs with discoms.
While India is making steady headway on the transmission front and the sector has witnessed commendable growth over the last few years with substantial capacity additions, the distribution or last mile connectivity is still a concern in India.
India's problems with coal sector continue | BTI
In January 2017, India’s coal imports declined by 22 per cent to 14 million tonnes because of lukewarm demand from power generating stations. Coal India Limited, which accounts for 80 per cent of domestic coal production, has posted its worst ever financial results for H1-FY17 as revenues declined even as expenses rose. At the same time, PLF of thermal power stations continues to be near all-time lows of under 60 per cent.
India's first wind tender oversubscribed despite off-take uncertainties | BTI
Earlier this month, SECI received bids for India’s first wind power tender. There are two unique aspects of this tender – i) successful bidders will sign 25-PPAs with PTC India Limited, which will sign back-to-back PPAs with as yet unknown discoms; and ii) existing operational projects and/or under construction projects are eligible to participate.
Jharkhand shows the perils of state tenders | BTI
JREDA had announced India’s then largest tender for allocation of 1,200 MW of ground mounted, grid connected solar projects in the second half of 2015. The tender size was so large as to meet over 90 per cent of the state’s peak power consumption and over 20 per cent of its overall power requirement. Despite this and the state being power surplus, the tender was subscribed by over two times.
The domestic power sector has notched remarkable advances over the last few years across the entire value chain. With the highest coal production growth in over two decades adding to fuel supply scalability, augmentation of generation capacities, increase in transmission lines and record consumption levels with the distribution of 2.3 crore LED bulbs, India has emerged as the fifth largest producer and consumer of electricity with a capacity of 302 GW.
Industry gears up for INTELECT 2017 and DISTRIBUELEC
IEEMA held the INTELECT 2017 & DISTRIBUELEC, one of its only kind´s exhibition cum conference, from 23rd - 25th January 2017 at India Expo Centre, Greater Noida, NCR-Delhi. The event is supported by the Ministry of Power, National Smart Grid Mission, with Madhya Pradesh as partner state and CESC & TPDDL as partner utilities.
Delhi Govt. yet to pay Rs.50 crore to discoms
While Delhi government´s Power Amnesty Scheme has resolved problems of overcharging or non-payment of bills, state discoms claim they have not yet received the promised payments. Government data revealed that the scheme which was open for nine months offered waivers in power bills of consumers worth a whopping Rs.128 crore.
India Progressing Towards Optimum Energy Mix
The summer of 2017 promises to be a watershed year for India. While the government burns the midnight oil to introduce GST by start of the upcoming financial year, Piyush Goyal, Minister of State (I/C) Power, Coal, New and Renewable Energy and Mines, is confident that all villages will be connected to the grid by May 2017.