Page 4 - Renewable Energy Policy

Round-the-clock power supply via renewable-thermal bundling: Draft policy

Addressing the issues of intermittency, limited hours of supply and low capacity utilisation of transmission infrastructure, the draft policy provides for reverse bundling

Rate woes of renewable energy firms may stress NBFC books further: Icra

Infrastructure finance companies might have to brace for additional pressure on asset quality from exposure to renewable energy (RE) projects, which face rate risks. These non-bank finance companies (NBFCs) are already affected by the slow resolution of their stressed thermal energy assets, according to rating agency ICRA. The segment's total exposure to the RE segment was pegged at Rs 90,000 crore at end-September. The trajectory of total infrastructure credit in India (from banks and infra NBFCs) had flattened in the six months ended September 2019, the first half (or H1) of financial year 2019-20. hile infrastructure credit grew 19 per cent in 2018-19, to Rs 21.1 trillion, it rose only marginally to Rs 21.2 trillion in H1 of 2019-20.The uncertainty regarding rates in some southern states has led to rating downgrades for power companies that have raised money from lenders. The ratio of the number of upgrades to the number of downgrades in the power sector declined to less than one ..

Energy sector to bag lion's share in NIP with Rs 24 trn investment

In a report released by the Finance Ministry on Tuesday, the Centre laid down the plans for increasing private participation in the energy sector, especially in power distribution

Budget wishlist: Infra players pitch for captive renewable energy policy

Infrastructure sector on Friday urged the government to bring captive renewable policy and exempt from cross subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory boundaries. The infrastructure companies raised these issues during a pre-budget consultation with Finance Minister Nirmala Sitharaman and top officials from finance, new & renewable, road transport and environment ministries. They also asked to make finance available for real estate and affordable housing to boost consumption of cement and other inputs like steel. Besides, they were of the view that government should release stuck up funds meant for infrastructure sectors as soon as possible for bringing in buoyancy in the economy. "We asked government to see, how can finance be made available for real estate and affordable housing. We also asked to release funds withheld at different levels in the government. "Cement and other Core ...

Delay in project execution, Icra revises outlook for RE sector to negative

Looking at the challenges, Icra said it expects no growth in capacity addition in FY2020 and will remain at about 8.5-9.0 GW similar to FY2019

India set to cross 100-GW renewable energy capacity mark in 2020

India's installed renewable energy generation capacity touched around 86 Gw by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others

Power Exchange bets on renewable energy; to focus on revival of REC market

PXIL faced financial crisis in 2017 when its net worth eroded and promoters of NSE and NCDEX wanted to shut it down prior to NSE's proposed initial public offering (IPO)

Cabinet okays pact with Saudi Arabia for cooperation in renewable energy

The framework would also focus on contributing to renewable energy to raise its efficiency in the national energy combination in Saudi Arabia

Infrastructure players ask govt to bring captive renewable energy policy

They also asked to make finance available for real estate and affordable housing

Govt's 175-Gw clean energy goal in peril after repeated missed targets

Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related to GST on renewable energy devices with the finance ministry

Coal-based power's market share at decade low, green energy nearly doubles

In terms of net new capacity installs to date in 2019-20, 5.7 Gw or two-thirds have been contributed by renewables whereas thermal power witnessed a net addition of 3.1 Gw

India must start work on replacing coal plants with renewable: Rahul Munjal

Hero Future Energies' chairman and managing director Rahul Munjal speaks on on social media, sustainability and energy efficiency

Green economy to the economy's rescue

India's economy needs a renewed boost of structural reforms, just when a second generation of green policies is also needed

Clean energy project cancellations: Andhra faces global arbitration threat

State govt cancelled clean energy projects in July, citing wrong bidding

ReNew Power becomes 11th firm globally to reach 5,000-Mw green capacity

India's largest renewable power company on Sunday commissioned a 250 Mw plant in Rajasthan's Bikaner

Learning the wrong lessons from the coal experience for renewable energy

Why India's weak budget support for RE could be hurting now

Open LCs for renewable firms or lose access to generation, Centre tells AP

Sets two-day dealine for compliance; denying access to Central pool will mean power outages, as state must draw 20 mnn units to achieve 24-hour power supply

Clouding renewable power

State agencies should honour their commitments

Centre launches project to integrate renewable power with national grid

Renewal energy supply can be seasonal (wind) or limited to some hours in the day (solar). It disturbs the power grid, used to seamless supply of thermal power

Govt to ease land acquisition, finance for renewables to meet 450 GW target

At the United Nations Climate Action Summit in New York on Monday, Modi vowed to double India's renewable energy target to 450 gigawatt (GW) by 2030