Page 3 - Renewable Power
Optimism on renewables
India will need increased effort to meet the targets
 "Optimism on renewables")
Odisha nixes Adani plan, invokes RoFR to buy AES stake in power project
State govt to pay Rs 1,000 cr for 49% holding in complete reversal of privatisation drive; It already owns 51% in OPGC which owns and runs a 1,740 Mw coal-fired plant
 "Odisha nixes Adani plan, invokes RoFR to buy AES stake in power project")
Pension funds, PE may invest in renewable projects, roads after lockdown
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
 "Pension funds, PE may invest in renewable projects, roads after lockdown")
India may see renewable, roads mega sale once the lockdown is lifted
Renewable projects have been unable to find buyers and large scale investors lately
 "India may see renewable, roads mega sale once the lockdown is lifted")
Suzlon Energy bondholders okay resolution plan for $172 million bonds
The company had called a meeting of bondholders on April 6 seeking their nod for resolution of the outstanding $172 million bonds.
 "Suzlon Energy bondholders okay resolution plan for $172 million bonds")
Covid-19 lockdown: States stop renewable power purchase, hold back payments
Invoke force majeure cluse, get a rap on knuckles from MNRE, which asks them to continue buying and paying for RE even during lockdown
 "Covid-19 lockdown: States stop renewable power purchase, hold back payments")
The renewables and e-cars link
Renewables means savings on power and that means an even stronger case for electric mobility
Green dreams and harsh realities: Plenty of renewables, little transmission
The Centre has also decided to set up mega-sized solar parks which will have their own transmission systems
 "Green dreams and harsh realities: Plenty of renewables, little transmission")
Andhra agrees to pay renewable projects at average rates till resolution
High Court directs state to pay in four weeks
 "Andhra agrees to pay renewable projects at average rates till resolution")
Andhra Pradesh continues to curtail renewable power, flouting court order
In the average revenue requirement (ARR) filing for the year 2019-20, the Andhra discoms estimate a loss of Rs 9,415 crore
 "Andhra Pradesh continues to curtail renewable power, flouting court order")
High Court breather for Andhra Pradesh renewable power companies
Dismisses panel formed to review tariffs for buying power
 "High Court breather for Andhra Pradesh renewable power companies")
High Court stays Andhra Pradesh order on green projects for a month
Solar & wind firms called project cancellation 'illegal, unconstitutional'
 "High Court stays Andhra Pradesh order on green projects for a month")
Renewing our vows on renewables
More than 72 GW capacity has been installed so far
 "Renewing our vows on renewables")
Renewable power tariff below Rs 5 to impact viability: Tanti
Says banks are reluctant to finance projects as there are fears lower tariffs can lead to payment delays
 "Renewable power tariff below Rs 5 to impact viability: Tanti")
Clean energy projects get Rs 86,000 crore investment: Piyush Goyal
With Madhya Pradesh at the top with Rs 14,313.80 crore
 "Clean energy projects get Rs 86,000 crore investment: Piyush Goyal")
Renewable power purchase hits a wall in Gujarat
Gujarat has been defaulting on its renewable purchase obligation (RPO) for four years now
 "Renewable power purchase hits a wall in Gujarat")
Warming up to the idea of more power this summer
Lot will depend on the discom's ability to source cheap power and pass on the same to consumers
 "Warming up to the idea of more power this summer")
