- Azure Power has one of the largest solar portfolios in IndiaAzure Power has one of the largest solar portfolios in India
- The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market
- With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India
In order to promote use of renewable energy and to increase income of farmers, the Central Government has contemplated a scheme called ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan’ (KUSUM).
In addition to KUSUM scheme of the Central Government and in order to achieve multiple objectives of addressing the energy requirement of farmers, empowering rural economy and to reduce financial stress on DISCOMs, the Gujarat State Government had decided to utilize solar resources available in the State for the benefit of the farmers and accordingly notified the Scheme “Suryashakti Kisan Yojna (SKY)” to be implemented on pilot basis.
The scheme is to be implemented on pilot basis, on 137 numbers of agriculture feeders covering 12400 numbers of agriculture connections having aggregate load of 1,42,000 HP in 33 Districts of the State. Under Pilot scheme, it is estimated that solar PV panels of aggregate capacity of 175 MW will be installed in the field of farmers with estimated cost of Rs. 900 Crore.
The commission decided to support the implementation of “Suryashakti Kisan Yojna” (SKY) as a pilot project. As submitted by the petitioner, DISCOMs, that the scheme is being implemented on 137 number of agricultural feeders covering 1,24,000 numbers of agricultural connections in 33 district of the State with a proposed investment of Rs. 900 crores. Since this scheme is being implemented for the first time and as a pilot project, the Commission has advised the licensee to go in for lower number of feeders say, 50 feeders or so and conduct cost benefits analysis after the results of two quarters and then implement the scheme based on the results.
The Commission said that this scheme is being implemented in the interest of farmers and therefore the Commission is also concerned that the farmers must get the benefit of this scheme. Accordingly, the Commission allowed 4 State owned DISCOMs to implement the scheme as a pilot project subject to compliance of the following directions:
- This scheme will be optional for participation by the farmers.
- Information booklet covering all the details regarding the scheme in simple Gujarati language should be provided to all participating farmers/ consumers.
- For redressal of any grievance arising out of this scheme, a nodal officer shall be designated by the DISCOMs at the Division level. If the grievances are not addressed by the nodal officer within 30 days, the grievances shall be transferred to CGRF for necessary speedy resolution as per the Regulations.
- The licensee shall submit details of number of feeders, number of farmers who opted for the scheme, energy purchased from farmers, amount paid to farmers, losses in selected feeders, cost and benefit of the scheme etc. to the Commission after the end of the current financial year.
- After receiving the above details, the Commission shall take a final view on the proposal of the petitioner to charge a tariff of Rs. 3.50/Unit for net energy consumed by the farmers, in order to protect the interest of farmers. Till such time the Commission decides, the licensee shall charge the regular tariff as applicable to relevant category.
As per the Scheme, DISCOMs will purchase surplus power at fixed tariff of Rs. 3.50/Unit applicable for 25 years. Further, the Government will provide Evacuation Based Incentive (EBI) at Rs. 3.50/Unit during initial loan repayment period of 7 years. Thus, after completion of 7 years, farmers will get Rs. 3.50/Unit.
The DISCOMs had petitioned that in the State of Gujarat, the share of supply of electricity to agriculture sector accounts for about 27% of total electricity supplied by four State owned Distribution Licensees against which revenue contribution from agriculture sector is about 3% of total revenue of four State owned Distribution Licensees towards supply of power to all categories of consumers.
As of now there are around 15 Lakh agriculture consumers connected with the grid and around 2.11 Lakh applications for agriculture connections are pending for new connections. DISCOMs are making concerted efforts for release of agriculture connections by setting target for release of more than 1 Lakh connections every year. Despite achieving the target of release of agriculture connections, large number of applications are still pending due to addition of fresh applications every year.
Also the power supply to agriculture connections is highly subsidized at Rs. 0.60/Unit as against Average Cost of Supply of Rs. 6.00/Unit. The difference between recovery from agriculture consumers and Cost of Supply is mainly met from Government Subsidy and Cross subsidization by other consumers.
A 40-60% haircut, along with financial safeguards, can resolve as much as Rs 1 lakh crore of debt stuck in coalbasedpower projects and enhance their viability on a sustained basis.
PSUs should be a Role Model - CVC
29th Oct, 2018
Public Sector Undertakings (PSUs) are primarily commercial organizations competing with non-government organizations, nevertheless PSUs are expected to work as a model organization, said Shri K.V. Chowdary, Chief Vigilance Commissioner while addressing NTPC employees today at the SCOPE, Complex, New Delhi during his Inaugural Address of the Vigilance Awareness Week programme. He added that performance in numerical terms is not the only criteria for judging a PSU, the merit lies upholding high standards of integrity while dealing with all its Stakeholders.
Shri Chowdary further outlined how PSUs have an additional responsibility of serving the nation by introducing new initiatives in various spheres like R&D, Vendors Training & Development, Employees motivation besides creating awareness of Systems and Standard Operating Procedures. He praised the PSUs especially NTPC for their contribution to nation building.
CVC also interacted with the employees in an open house on the occasion and answered their queries.
Shri Gurdeep Singh, CMD and Shri Rajit Punhani, CVO, NTPC and Senior officials of CVC and NTPC were present on the occasion.
Shri Gurdeep Singh, CMD, NTPC said that we at NTPC are committed to ensure maximum transparency, accountability and minimum discretion in our business processes including mining and Integrity is engraved in our core values.
While welcoming the CVC, Shri Rajit Punhani, CVO, NTPC, said that the role of vigilance in the organization is to facilitate good governance and create an ecosystem for organizational excellence by involving all Stakeholders including the public at large.
The Vigilance Awareness Week is organized each year and during this period, public campaigns are carried out with the chosen theme. This year “Eradicate Corruption – Build a New India” is the theme for the Vigilance Awareness Week.
Vigilance Week is organized to promote integrity and eradicate corruption with public participation as it plays a very vital role in fighting corruption and in nation building. Various outreach activities like Gram Sabhas, Street plays, radio jingles and competitions are being organized in schools, colleges, villages, towns and cities to spread the message of integrity.
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Delhi Power Minister Inaugurates Next Phase of BSES Solar City Initiative
- Delhi Power Minister Inaugurates Next Phase of BSES Solar City Initiative– ‘Solarise Shakur Basti’ Launched after extra ordinary success of Phase one in Dwarka.
- Shakur Basti area is home to important colonies like Paschim Vihar & many apartment complexes. Area has a solar roof top potential of around 15 MWp
- BSES is targeting around 5 MWp roof top solar by 2019-2020 in Shakur Basti area.
- Around 100 CGHS/ apartment complexes have signed-up in Phase one (Solarise Dwarka)•BSES has energised over 1000 (~ 45 MWp) roof top solar net metering connections
After the extraordinary success of BSES Rajdhani Power Limited’ (BRPL) Solar City Initiative –‘Solarise Dwarka’, which has seen around 100 societies / apartment complex in Dwarka showing interest and signing-up for the initiative, the discom has now launched next Phase ( phase two) of the program.
The phase two-of BRPL’ Solar City Initiative – ‘Solarise Shakur Basti’ was launched by Delhi’s Hon’blePower Minister Mr Satyendar Jain, today. Other important dignitaries present on the occasion,included senior officials from Delhi Government, EE&REM (Energy Efficiency and Renewable Energy Management Centre), TERI (The Energy and Resources Institute), Deutsche Gesellschaft fürInternationale Zusammenarbeit (GIZ) GmbH, along with West Delhi residents. BRPL team was led byits CEO Mr Amal Sinha.
Commenting on the launch of phase-two, BRPL CEO Mr Amal Sinha said, “Solar energy is emerging asCommenting on the launch of phase-two, BRPL CEO Mr Amal Sinha said, “Solar energy is emerging asan important tool in our quest for sustainable growth. In a bid to realise its full potential, BSES isleading the efforts for its wide-spread and accelerated adoption in the national capital. Our Solar Cityinitiative is promising to be a game-changer. Besides promoting adoption of solar, the initiative is awin-win proposition for both the consumers and the discom alike. The huge response to Phase one andthe launch of phase-two of the initiative is a testament to this.”
“The program also aims to educate consumers about the benefits of solar energy while ensuring strictquality compliance of the systems being installed. It is also facilitating various finance options availableto the consumers”- added Mr Sinha.
Phase two: Solarise Shakur Basti
Apart from JJ Clusters, the Shakur Basti area is home to several colonies like Paschim Vihar andapartment complexes like IFCI, Saakshara, Matriyi, Navbharat, Pragati, Priyadarshani, DDA Flats andhas a substantial roof-top solar potential of around 15 MWp. BRPL is targeting to realise around 5MWp of roof-top net metering from the area by FY 2019-2020.
Phase one: Solarise Dwarka Phase one: Solarise DwarkaThe extra ordinary response of the Phase one of the Solar City Initiative – ‘Solarise Dwarka’ is thetrigger for phase two. Under Phase one, around 100 societies have shown interest and signed-up forthe initiative for installing solar capacities of ~ 6 MWp. Of these, around 25 societies having installedsolar capacity of ~1.5 MWp – have already been energised / or are about to be energised. The work atthe remaining societies is at different stages.
Benefits (Consumers): Roof-top solar is helping consumers, not only to reduce their electricity bills, but also do-their bit forthe environment. Moreover, consumers opting for the RESCO business model don’t have to incur anycapital expenditure, as the model entails providing electricity as a service at a cost identified throughcompetitive bidding, which in the case of Dwarka residents was Rs. 2.66/kWh net of generation basedincentive and is around Rs.2.50/kWh less than the electricity tariff. The bidding in the above case wasadministered by SECI (Solar Energy Corporation of India) and Indraprastha Power Generation CompanyLimited.
Benefits (Discom):Besides helping BRPL in meeting its renewable purchase obligation (RPO), the pioneering initiative willhelp the discom minimise overloading issues in congested areas during the peak summer months. Itwill also help us in achieving CAPEX deferment for line replacement and unplanned grid up-gradationintermittently.
BSES is at the forefront of leading the solar revolution in the city and sees unique benefits of addingBSES is at the forefront of leading the solar revolution in the city and sees unique benefits of addingdistributed generation in its network. In a short span, BSES has energised a record of over 1000 rooftopsolar connections – with a sanctioned solar capacity of around 45,000 KWp (~ 45 MWp).
Moreover, thisblazing pace is likely to continue in BSES’ area and by the end-of-year, the total number is roof topsolar net metering connections is likely to cross 2,000 with a sanctioned solar load of around 80 MWp.
BRPL’ Solar City Initiative is India’s 1st utility anchored solar rooftop consumer aggregation program for residential consumers. Solar City Initiative is a path breaking initiative that aims to maximize the utilisation of solar roof toppotential. Unlike conventional methods, under this program, roof top solar installations are provided at a single point for the entire apartment complex. BRPL & BYPL are premier distribution companies and Joint Ventures between Reliance Infrastructure Limited and GoNCT.
With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects.
Earlier in July, SECI had issued a tender for setting up of 2 MW Solar PV power plant with 01 MW BESS at KAA, Himachal Pradesh.
The last date of bid submission is now extended till 12.11.2018 (14:00 Hrs). The tender said that any containerised battery technology can be used as long it is suitable for the location’s climatic conditions.
The tender said that the battery will be located at Rangreek, Kaza near Rong Tong Hydro Power Station, 12,000 feet in altitude. The annual temperature of the location ranges of -40°C to 30°C and area sees snow of up to six feet in winter months. The tender also mentioned that the battery must be designed for maximum flexibility with regard to site-specific voltages, frequency, phase imbalance, and protection requirements.
The scope of work includes the design, engineering, supply, construction, installation, testing, and commissioning of the projects. Apart from these, the successful bidder will also be responsible for 5 years of operations and maintenance (O&M) services. This would include the supply and storage of all mandatory spare parts, consumables, repairs and replacements of any defective equipment during the O&M period.
SECI released the NIT on behalf of Himachal Renewable Limited, a JV between SECI and Himachal Pradesh State Electricity Board (HPSEBL).
Japan has agreed to provide loans of about 316 Billion Yen for seven major infrastructure projects in India. These include Mumbai-Ahmedabad Bullet Train, projects in Delhi, North East and Chennai.
REPORTS 19% INCREASE IN RENEWABLES EBITDA AT ₹631 crore
Mumbai-based solar solutions company, Oriano, has emerged as fourth fastest growing technology company pan India on the Deloitte Technology Fast 50 India 2018, a ranking of the 50 fastest growing technology companies in India.
Sungrow, the global leading inverter supplier for renewables, announced it recently made a compelling success with an open course held in one of Indian well-known university, Indian Institute of Technology Patna, under the title solar innovation and contribution.
The Solar Energy Corporation of India (SECI) has once again extended the last date for receiving bids for the setting up 1200 MW wind-solar hybrid renewable energy capacity.