INDIA SOLAR COMPASS 2017 Q3. Growing but anxious. Waiting for new tenders, anti-dumping duty decision and some profits
|
|
- Godwin Ralph Sanders
- 6 years ago
- Views:
Transcription
1 INDIA SOLAR COMPASS 2017 Q3 Growing but anxious Waiting for new tenders, anti-dumping duty decision and some profits 1
2 Contents Executive summary 5 1. Installed capacity 9 2. Capacity addition Progress in Q Estimate for Q Leading players Project developers Module suppliers Domestic manufacturers Inverter suppliers EPC contractors Tender progress updates New tender issuance Tender cancellation Tender results Tenders pending allocation Anticipated tenders Pricing updates EPC costs Solar modules Inverters Funding Equity funding Debt funding Mergers and acquisitions Policy and regulatory updates Central government State governments Other updates Key market insights ADD petition Project renegotiations and cancellations Delays in commissioning International developments US ITC ruling EC decision on MIP Lowest solar bid in Saudi Arabia 47 2
3 List of figures Figure 1.1 Total installed and pipeline capacity as on September 30, Figure 1.2 State-wise utility scale solar installed and pipeline capacity 10 Figure 1.3 State-wise rooftop solar installed capacity 11 Figure 1.4 Top 20 developers by commissioned capacity 11 Figure 2.1 Quarter-wise utility scale solar capacity addition 12 Figure 2.2 State-wise utility scale solar capacity addition in Q Figure 2.3 Anticipated/scheduled vs. capacity commissioned in 15 Q for key tenders Figure 2.4 Likely capacity addition in Q Figure 3.1 Developer wise capacity installed in Q Figure 3.2 Market share of module suppliers in Q Figure 3.3 Market share of domestic module manufacturers in Q Figure 3.4 Market share of inverter suppliers in Q Figure 3.5 Market share of EPC contractors in Q Figure 4.1 New tender announcements and allocations 22 Figure 4.2 Number of tenders issued 22 Figure 4.3 New tenders issued in Q Figure 4.4 Rooftop solar tenders issued in Q Figure 4.5 Auction results in Q Figure 4.6 Bid results of Gujarat 500 MW tender 28 Figure 4.7 Bid results of NLC 20 MW tender 28 Figure 5.1 BTI India Solar EPC Price Index 32 Figure 5.2 BTI India Solar Module Price Index 32 Figure 5.3 BTI India Solar Inverter Price Index 33 Figure 6.1 PE investment in the Indian solar sector 34 Figure 6.2 Renewable stock trading pattern vs indices 35 Figure 6.3 M&A in the Indian solar market 37 Figure 8.1 Commissioning status of NTPC, SECI and state tenders 45 List of tables Table 4.1 Key details of tenders issued in Q Table 4.2 Tenders cancelled in Table 4.3 Tenders pending allocation 29 Table 4.4 Tenders likely to be announced shortly 30 Table 6.1 Key PE transactions in Table 6.2 Key mezzanine funding deals in Q Table 6.3 State Bank of India MCLR 36 Table 6.4 Offshore debt funding deals 36 Table 6.5 M&A transactions in Indian solar sector in Q Table 7.1 Forecasting and scheduling regulations in Andhra Pradesh 40 and Rajasthan Table 8.1 Timeline for anti-dumping petition in India 43 Table 8.2 Cancelled tenders 44 3
4 Executive summary 1 Q3 was a busy quarter for project construction with 2,164 MW of utility scale capacity getting commissioned (+50% over Q2). We estimate the next two quarters to be even busier India s total installed solar capacity is estimated to have reached 17,794 MW as on September 30, This includes 15,933 MW of utility scale (90%) and 1,861 MW of rooftop solar capacity (10%). Bulk of this activity continues to be in the frontline states in south and west India. Telangana (2,721 MW), Rajasthan (2,219 MW) and Andhra Pradesh (2,148 MW) are the top three states by commissioned capacity for utility scale solar projects. Q3 was a busy quarter for project construction with 2,164 MW of utility scale capacity getting commissioned (+50% over Q2). We estimate the next two quarters to be even busier with up to 5,600 MW of projects in advanced stages of construction. We estimate the capacity addition in 2017 to reach a record 9,370 MW (+115% over 2016). Figure 1 Quarter-wise utility scale solar capacity addition Source: BRIDGE TO INDIA research Note: DCR Domestic content requirement Chinese module players continue their dominance accounting for quarterly market share of 86% and twelve out of the top fifteen positions ReNew commissioned the largest total capacity in Q (258 MW), followed by SkyPower (200 MW), Adani (180 MW), Suzlon (160 MW) and Azure (150 MW). In module supply, the Chinese players including JA Solar, Canadian Solar, Jinko, Hareon and Chint continue their dominance accounting for quarterly market share of 86% and twelve out of the top fifteen positions. Indian manufacturers supplied 215 MW of modules (10% market share) mainly for projects tendered with domestic content requirement (DCR) stipulation. But total production of domestic manufacturers in the quarter was significantly higher at 655 MW with remaining modules going to rooftop, off grid and export markets. 1 In this report, all references to project or tender capacities refer to utility scale solar projects unless explicitly mentioned otherwise. 4
5 Figure 2 Total installed and pipeline capacity as on September 30, 2017 Source: BRIDGE TO INDIA research Note: 1. This chart excludes Jharkhand 1,200 MW tender, which is believed to be under tariff negotiations. 2. All figures are in MW 3. SECI - Solar Energy Corporation of India Limited CPSU - Central Public Sector Undertaking In the inverter market, ABB continued its market dominance with commissioned capacity of 856 MW (40%). Huawei surged up in the charts with commissioned capacity of 380 MW (18%). The company has been gaining rapid market share in India and supplied inverters to Adani and SkyPower projects during the quarter. These companies were followed by TMEIC (326 MW, 15%), SMA (293 MW, 13%) and GE (152 MW, 7%). In rooftop solar, increased government push has led to growing tender activity with an aggregate capacity of 115 MW being tendered in Q Q3 was a slow period for new tender issuance. Only 1,095 MW of new tenders were issued as against 3,150 MW of new tenders in Q2. DISCOMs remain reluctant to buy additional power as they have already contracted sufficient power and demand growth continues to be weak. Moreover, procurement agencies are working on new bidding guidelines and we expect tender issuance to pick up by end of this year. Only 45% of the new tendered capacity (510 MW) is for project development. NTPC has issued a DCR-based project development tender for 250 MW, won by Azure in a competitive auction at a tariff of INR 3.14/ kwh. Power from this project will be ultimately sold to New Delhi Municipal Corporation. Maharashtra State Power Generation Corporation Limited (MAHAGENCO) issued the other two project development tenders with a total capacity of 260 MW. NTPC also issued multiple EPC tenders aggregating 368 MW including a 225 MW DCR tender in Uttar Pradesh and a host of other smaller tenders for co-location at its thermal power plants. 5
6 Results were announced for two tenders in Q Gujarat 500 MW state tender and NLC Andaman and Nicobar Islands 20 MW EPC tender. The Gujarat tender saw intense bidding and winners included GRT Jewellers (90 MW, INR 2.65/ kwh), Gujarat State Electricity Corporation Limited (75 MW, 2.66), Gujarat Industries Power Company Limited (75 MW, 2.67) and Azure (260 MW, 2.67). These tariffs are higher than the all-time lows (INR 2.44/ kwh) seen in SECI Bhadla auction in May but adjusted for increases in module prices and GST related costs, they are just as aggressive in our view. EPC costs increased by 12% to INR 37/ W in Q due to increase in module prices and implementation of GST. We expect EPC costs to increase further by 5% in the current quarter NLC also announced results for its EPC tender for a 20 MW solar project integrated with 28 MWh of storage capacity the first utility scale storage project in India to take off in Andaman and Nicobar Islands. The tender was won by Mahindra at a total EPC and O&M price of INR million/ MW. In rooftop solar, increased government push has led to growing tender activity with an aggregate capacity of 115 MW being tendered in Q However, capacity addition in Q4 is expected to remain steady at 200 MW, the same level as in Q3 2017, mainly due to increase in module prices. Open access capacity addition also jumped to 144 MW in Q (105 MW in Q2) largely because of Karnataka s attractive open access policy. However, a consultation paper released by the Ministry of Power recommends increasing cost of open access, which, if implemented, would negatively affect this market. EPC costs increased by 12% to INR 37/ W in Q due to increase in module prices and implementation of GST. We expect EPC costs to increase further by 5% in the current quarter. Module prices increased by 13% to USD 0.34/ W due to rising global demand and are expected to increase further to USD 0.36/ W in Q4. Such sharp increase in costs would hurt developers badly particularly for recently auctioned projects at tariffs below INR 3.00/ kwh. Prices for central inverters remained stable at around INR 1.80/ W. Offshore debt activity peaked during Q mainly on account of green bond issuances by Greenko (USD 1,000 million), Azure (500) and Rural Electrification Corporation (450) Q3 was a quiet period for equity financing but very active for green bond issuance. After huge transactions in Q1 (by ReNew, Greenko, Hero) and Q2 (by SPRNG/ Actis), the only notable PE transaction in Q3 was Warburg Pincus USD 70 million investment in leading rooftop solar developer, CleanMax. ACME sprung a surprise by filing a draft prospectus for an IPO to raise INR 22 billion. Meanwhile, Mytrah raised USD 300 million of structured financing from Piramal Capital and APG to buy out its existing investors. Offshore debt activity peaked during Q mainly on account of green bond issuances by Greenko (USD 1,000 million), Azure (500) and Rural Electrification Corporation (450). M&A activity is thriving with small/ mid-size developers and financial investors seeking exits. There were two notable transactions in Q Sembcorp Industries acquired 28% stake in Sembcorp Green Infra from IDFC Alternatives to become its sole owner, while IDFC Alternatives acquired 190 MW of operational solar capacity from First Solar (Telangana 500 MW and Andhra Pradesh 500 MW state tenders). Overall, this is a time for consolidation in the sector. Slowdown in tender issuance has given breathing room to developers to focus on project execution, financing and M&A. Despite operational challenges, increase in module process and indirect taxes (GST), construction pace is picking up. Anticipated pick up in tender issuance and clarity on anti-dumping duty (ADD) will provide new lease of life to the sector. 6
7 Disclaimer For further enquiries, please contact BRIDGE TO INDIA Energy Pvt. Ltd. C - 8/5, DLF Phase I, Gurgaon India Subscribe to our mailers contact@bridgetoindia.com Read our blog for up-to-date market insights and opinions Track the Indian solar market with our reports Follow us on Twitter Follow us on BRIDGE TO INDIA Energy Private Limited Authors Surbhi Singhvi, BRIDGE TO INDIA Vinay Rustagi, BRIDGE TO INDIA This report is owned exclusively by BRIDGE TO INDIA and is protected by Indian copyright and international copyright and intellectual property laws. BRIDGE TO INDIA hereby grants the user a personal, non-exclusive, nontransferable license to use the report pursuant to the terms and conditions of this agreement. The user agrees not to export full or any part of the report to a country that does not have copyright and intellectual property laws that will protect BRIDGE TO INDIA's rights therein. The user cannot engage in any unauthorized use, reproduction, distribution, publication or electronic transmission of this report or the information/forecasts therein without the express written permission of BRIDGE TO INDIA. The information contained in this report is of a general nature and is not intended to address the requirements of any particular individual or entity. BRIDGE TO INDIA aims to provide accurate and up-to-date information, but is not legally liable for accuracy or completeness of such information. FULL REPORT For purchasing subscription access for the full report, please write to us at marketing@bridgetoindia.com.
India Solar Market Update Q Executive Summary.
India Solar Market Update Q3 2017 Executive Summary India Solar Demand Forecast Annual Installations (MW) India Solar Demand Forecast (MW) 12,000 Annual Rooftop Solar Installations (MW) Annual Utility-scale
More informationTrade protection for domestic manufacturers is misguided
India RE Policy Brief Trade protection for domestic manufacturers is misguided February 2018 Introduction India is in the midst of trade investigations to consider safeguard duty and/ or anti-dumping duty
More informationINDIA SOLAR COMPASS 2017 Q2
INDIA SOLAR COMPASS 2017 Q2 2 Preface Dear Reader, I am delighted to present to you our new, more comprehensive India Solar Compass. As the Indian solar market matures and grows in volumes, we have expanded
More informationHydro & Small Hydro Outlook in India 2017
Hydro & Small Hydro Outlook in India 217 Evaluating Business Case & Future Scenario of Large & Small Hydro Power Plants in India Report Summary enincon consulting llp, 217, New Delhi, India Enincon s Key
More informationPROJECT ALLOCATIONS UNDER THE NATIONAL SOLAR MISSION PHASE II BATCH I: AN OVERVIEW
PROJECT ALLOCATIONS UNDER THE NATIONAL SOLAR MISSION PHASE II BATCH I: AN OVERVIEW Sunrise at Dal Lake, Srinagar March 2014 www.headwaysolar.com Abbreviations JNNSM SECI NVVN LCOE DCR VGF PV CSP MNRE Jawaharlal
More informationHYDRO POWER IN INDIA 2017
Now Available HYDRO POWER IN INDIA 2017 Trends, Developments and Future Outlook Report (PDF) Data-set (Excel) India Infrastructure Research Hydro Power in India 2017 Table of Contents SECTION I: MARKET
More informationTable 1: Financial Analysis for without and with storage scenarios
Note on Preliminary Financial and Economic Analysis for Energy Storage Solutions and Floating Solar Photovoltaic for India: Innovation in Solar Power and Hybrid Technologies Project Energy Storage Solutions:
More informationLead PV. Module. Prasad. Dahapute. experience. 13 years of. PV modules. in India? to have PV 2014.
India Has A Chance To Lead PV Module Manufacturing By 2020 Prasad Dahapute Prasad Dahapute is the Founder and Managing Director of Varhad Capital. He steers the team in sourcing and executing all types
More informationRenewable Energy policies and challenges -Developers perspective
Limited Renewable Energy policies and challenges -Developers perspective -Raghunath Mahapatra CSE - Annual South Asian Media Briefing on Climate Change, 2013 18 September 2013 Limited WELSPUN GROUP One
More informationPLG CLEAN ENERGY PROJECTS Re-Energizing the Future
PLG CLEAN ENERGY PROJECTS Re-Energizing the Future Copyright 2016, all rights reserved with PLG Clean Energy Projects (BS Group Co) About Us: PLG Clean Energy Projects Private Limited (PLGCEP) is a Renewable
More informationHARTEK POWER PVT LTD SOLAR BUSINESS CATALOGUE (Formerly known as Amtek Energy & Power Pvt Ltd)
(Formerly known as Amtek Energy & Power Pvt Ltd) SOLAR BUSINESS CATALOGUE 2015-16 2 P a g e Contents 1. Introduction 2. Mission SOLAR 3. Why us? 4. Engineering Procurement Construction Services 4.1 Process
More informationPublic Private Partnership in Wind Power in India
Public Private Partnership in Wind Power in India Introduction India is the one of the fastest growing economies in the world. In the last five years, India has averaged a phenomenal 8.775% growth, as
More informationOverview, Strengths, Service, Key Projects & Clients
CENTER FOR SOLAR ENERGY [CSE] Overview, Strengths, Service, Key Projects & Clients Brief Overview Catalyzing growth of solar power in India since 2006 Objective is to facilitate holistic development of
More informationRenewable Energy Technologies - Present and Future Prospects in Indian Economy
Renewable Energy Technologies - Present and Future Prospects in Indian Economy Dr. Sukhvinder Kaur Department of Zoology, Guru Nanak College for Girls (India) ABSTRACT Energy is the most essential component
More informationThe Need for Institutional Capacity Building for Developing Solar Rooftop Markets: Experience of the USAID PACE-D TA Program in India
PARTNERSHIP TO ADVANCE CLEAN ENERGY-DEPLOYMENT (PACE-D) TECHNICAL ASSISTANCE PROGRAM The Need for Institutional Capacity Building for Developing Solar Rooftop Markets: Experience of the USAID PACE-D TA
More informationBANKABILITY OF SOLAR PROJECTS HOW TO MAKE YOUR PV PROJECT BANKABLE? HOW TO SELECT EPC CONTRATCOR? ROLE OF TECHNLOGY SELECTION
0 HOW TO MAKE YOUR PV PROJECT BANKABLE? HOW TO SELECT EPC CONTRATCOR? ROLE OF TECHNLOGY SELECTION BANKABILITY OF SOLAR PROJECTS www.firstgreen.co IMPACT OF O&M ON BANKABILITY SOLAR RESOURCE ASSESSMENT
More informationTHE GREEN BOND IMPACT REPORT
THE GREEN BOND IMPACT REPORT FY 16-17 PIONEER OF GREEN BONDS IN INDIA www.yesbank.in Environmental Risk Mitigation Annually, projects receiving proceeds from the Green Bonds issued by YES BANK, will potentially
More informationCOMPENDIUM REGULATIONS & TARIFF ORDERS ISSUED BY REGULATORY COMMISSIONS FOR RENEWABLE ENERGY SOURCES IN INDIA
COMPENDIUM OF REGULATIONS & TARIFF ORDERS ISSUED BY REGULATORY COMMISSIONS FOR RENEWABLE ENERGY SOURCES IN INDIA IREDA MINISTRY OF NEW AND RENEWABLE ENERGY INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LTD.
More informationIndia s Electricity Sector Transformation
India s Electricity Sector Transformation Momentum Is Building; Peak Coal In Sight 21 November 2017 Tim Buckley, Director of Energy Finance Studies, Australasia (tbuckley@ieefa.org) and Kashish Shah, Research
More informationDevelopment and Financing of Renewable Energy Projects in India
Development and Financing of Renewable Energy Projects in India A Perspective By K.S. Popli Director (Technical) Indian Renewable Energy Development Agency Limited New Delhi ( India ) World primary energy
More informationWith the support of the PV Market Alliance. APVIA Q Market Report
With the support of the PV Market Alliance APVIA Q3 2017 Market Report Introduction Launched in 2017, this 3 rd edition of APVIA s quarterly PV market report focus on Brazil, anticipated to witness solid
More informationBHARAT FORGE LIMITED (BFL)
BHARAT FORGE LIMITED (BFL) This report proposes the diversification strategy for Bharat Forge Ltd. to enter into India s solar power sector. 1 st Position Metamorphosis competition Vista Business Fest
More informationCUC s Response to Alternative Energy
CUC s Response to Alternative Energy 13 th Annual Caribbean Energy Conference January 24-25, 2013 I Paradise Island, The Bahamas Richard Hew, President & Chief Executive Officer CUC s Caribbean Response
More informationCDM in India, Challenges and Success. by Pamposh Bhat Head, CDM-India, New Delhi Dec 23,06 EPCO, Bhopal,M.P
CDM in India, Challenges and Success by Pamposh Bhat Head, CDM-India, New Delhi Dec 23,06 EPCO, Bhopal,M.P India s Position in The Global Carbon Market India has consolidated its leadership position in
More informationUtility-scale PV challenges in the Australian market
Utility-scale PV challenges in the Australian market All-Energy Conference 2016 October 4, 2016 Renzo Gaggioli Senior Project Manager, Energy Business www.canadiansolar.com Safe Harbor Statement This presentation
More informationRENEWABLE ENERGY IN INDIA SECTOR FOCUS: WIND AND BIOMASS
RENEWABLE ENERGY IN INDIA SECTOR FOCUS: WIND AND BIOMASS RENEWABLE ENERGY IN INDIA India has 5 th largest power generation portfolio in the world. Current renewable energy contribution: 44.8 GW (As on
More informationAccelerating India's Clean Energy Transition. The future of rooftop PV and other distributed energy markets in India
Accelerating India's Clean Energy Transition The future of rooftop PV and other distributed energy markets in India November 28, 2017 Executive summary (1/3) India is accelerating development of renewable
More informationINFRASTRUCTURE PROJECTS IN PIPELINE
Now Available INFRASTRUCTURE PROJECTS IN PIPELINE Sector Analysis and Outlook; Opportunities and Projections Report (PDF) Data-set (Excel) 3 Quarterly Updates India Infrastructure Research Table of Contents
More informationIrrigation Market in India
Now Available Irrigation Market in India Programmes and Projects: Opportunities for Construction and Equipment Report (PDF) Data-set (Excel) India Infrastructure Research Irrigation Market in India Table
More informationMarket Mechanisms in India s Clean Energy Efforts
Market Mechanisms in India s Clean Energy Efforts Renewable Energy Certificate Mechanism Balawant Joshi Director, ABPS Infrastructure Advisory Pvt. Ltd. ABPS Infrastructure Advisory Advisory Pvt. Ltd October,
More informationStrategic Plan. Renewable Energy. July 23, 2014
Strategic Plan Renewable Energy July 23, 2014 What we re going to do Quick background Goals Strategies Feedback and comments from you Long-term renewable energy goal Accelerate the pace at which new, small
More informationSolar PV Capacity Additions Forecast for PJM States:
IHS ENERGY: POWER, GAS, COAL, AND RENEWABLES Presentation Solar PV Capacity Additions Forecast for PJM States: 2017 32 27 October 2016 ihs.com Andy Lubershane, Associate Director Thomas Maslin, Associate
More informationConfederation of Indian Industry. Opportunities in. Fisheries. Sector in India. Ministry of Food Processing Industries. Government of India
Confederation of Indian Industry Opportunities in Fisheries Sector in India Ministry of Food Processing Industries Government of India Advantage India One of the fastest growing economies in the world
More informationAccelerating Adoption of Rooftop Solar PV in India Through Project Aggregation and Financing
www.mynergy.in Accelerating Adoption of Rooftop Solar PV in India Through Project Aggregation and Financing Bhaskar Deol Chief Executive Officer, Mynergy Renewables India June 9, 2016, Asia Clean Energy
More informationCHINA'S INVOLVEMENT IN COAL-FIRED POWER PROJECTS ALONG THE BELT AND ROAD. Ren Peng, Liu Chang and Zhang Liwen GLOBAL ENVIRONMENTAL INSTITUTE MAY 2017
CHINA'S INVOLVEMENT IN COAL-FIRED POWER PROJECTS ALONG THE BELT AND ROAD Ren Peng, Liu Chang and Zhang Liwen GLOBAL ENVIRONMENTAL INSTITUTE MAY 217 May, 217 1 The Paris Agreement demonstrates the global
More informationCompetitive bidding of solar and wind projects. 11th Dec 2017
Competitive bidding of solar and wind projects 11th Dec 2017 About SECI Incorporated on 20th September 2011, as a not for profit organization. Converted to a Commercial Company on 9th Nov, 2015; Scope
More informationNational Power Summit Hyderabad. 9 th February 2018
National Power Summit Hyderabad 9 th February 2018 Renewable Energy Capacity in India Non-RE Capacity 270GW [81%] Renewable Energy Installed Capacity RE Capacity 63 GW [19 %] (Sep, 2017) Wind 33GW [52%]
More informationEnergy Perspectives for Asia
Energy Perspectives for Asia By Rajiv Ranjan Mishra Nov 21, 2017 Energy Asia Population Asia 4.06 billion 55% of World 8X of EU Expected to be 8.5 billion by 2030 Source: World Bank, 2016; UN GDP Per Capita
More informationAuctions preparation, course, wins. Katarzyna Szwed Lipińska, counsellor at law Director, Department of Support Systems Energy Regulatory Office
Katarzyna Szwed Lipińska, counsellor at law Director, Department of Support Systems Energy Regulatory Office Warsaw, March 2015 Installations subject to the auction procedure: existing including modernised
More informationResearch Compendium. Coal Sector in India 2013 A comprehensive data and information update
Research Compendium Coal Sector in India 2013 A comprehensive data and information update Release Date : August 2013 Background About the report Coal is the only major conventional source of energy that
More informationGlobal Renewable Energy:
Disclaimer: All information contained in this report has been obtained from sources believed to be accurate by Gyan Research and Analytics (Gyan). While reasonable care has been taken in its preparation,
More informationAddress for Correspondence
Research Paper RECENT TRENDS IN WIND POWER GENERATION: INDIAN SCENARIO G.C. Biswal, S.P. Shukla Address for Correspondence Department of Electrical Engineering, BIT, Durg, CG, India ABSTRACT: In India,
More informationRenewable Energy Auctions: An Overview of Design Options
Renewable Energy Auctions: An Overview of Design Options Workshop of the Renewable Energy Working Party (REWP) Paris, 14 March 2016 Henning Wuester, Director, Knowledge, Policy and Finance Centre, IRENA
More informationSOLAR MARKETS UPDATE
SOLAR MARKETS UPDATE Next Conferences: JUNE 2016 London, UK AUTUMN 2016 India financeindia.solarenergyevents.com Partners Knowledge Partner Partner CONTENTS India surpasses 5GW solar deployments says energy
More informationSURINDER RAINA GM-I/C(RE & Nuclear)
13.02.17 SURINDER RAINA GM-I/C(RE & Nuclear) 1 1 Outline Renewable Energy in India Solar Projects in NTPC -EPC Mode -Developer Mode Wind Projects in NTPC New Initiatives 2 Renewable Energy in India Installed
More informationMONGOLIA COUNTRY PROFILE 88
MONGOLIA COUNTRY PROFILE 88 Overview Mongolia has a GDP of USD 5,259 million lxvi and a population of approximately 2.61 million. lxvii The total primary energy supply in 2007 was 3.09 Mtoe (million tons
More informationL&T-Sargent & Lundy RENEWABLE ENERGY SERVICES.
L&T-Sargent & Lundy 0 cx RENEWABLE ENERGY SERVICES L&T-Sargent & Lundy 1 L&T-Sargent & Lundy Limited (L&T-S&L) is a joint venture between Larsen & Toubro Limited, and Sargent & Lundy LLC, USA providing
More informationGas in India Now Available. Sector Overview and Outlook: E&P, LNG, Pipelines and CGD. India Infrastructure Research.
Now Available Gas in India 2017 Sector Overview and Outlook: E&P, LNG, Pipelines and CGD Report (PDF) Data-set (Excel) India Infrastructure Research Gas in India 2017 Table of Contents 1. Executive Summary
More informationPUNJAB STATE ELECTRICITY REGULATORY COMMISSION SCO NO , SECTOR-34 A, CHANDIGARH
PUNJAB STATE ELECTRICITY REGULATORY COMMISSION SCO NO. 220-21, SECTOR-34 A, CHANDIGARH Petition No. 31 of 2016 Date of Order: 10.06.2016 Present: Shri D.S. Bains, Chairman Shri S.S. Sarna, Member In the
More informationA Multi Stakeholder Perspective
A Multi Stakeholder Perspective 1 Agenda Wind Vision Initiative Setting up of Wind Vision : 200 GW by 2032 Recommendations Wind Project Development Regulatory Incentives Financing Wind Vision 2032 Grid
More informationPublished on Market Research Reports Inc. (https://www.marketresearchreports.com)
Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Wind Power in Finland, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE),
More informationOpen Access Solar Power
Open Access Solar Power ACME Overview Established in 2003 World-class Manufacturing Plant at Uttarakhand in India Focus on 3E s i.e. Energy Generation, Energy Conservation & Energy Management 7 no. of
More informationDomestic & Export Cement Market, Transportation Capacity Utilization & Outlook in India
Domestic & Export Cement Market, Transportation Capacity Utilization & Outlook in India - 2017 Fact E-RP Market Research Series June 2017 Why enincon s report upon Domestic & Export Cement Market, Transportation,
More informationRenewable Energy Sources Policies of India. Author- Miss. Rucha Korhale BE-Instrumentation, Lecturer, V.P.M s Polytechnic, Thane.
Renewable Energy Sources Policies of India Author- Miss. Rucha Korhale BE-Instrumentation, Lecturer, V.P.M s Polytechnic, Thane. View Points Current Energy scenario in India. Power for ALL by 2012- ambitious
More informationPaper Presented on Renewable Energy Sources Policies of India. Author- Rucha Korhale
Paper Presented on Renewable Energy Sources Policies of India Author- Rucha Korhale BE-Instrumentation Lecturer, VPM s Polytechnic, Thane 1 Renewable Energy Sources Policies of India Abstract:- In today
More informationADB Support for Solar Power In India
ADB Support for Solar Power In India Don Purka, Sr. Investment Specialist Private Sector Operations Department Clean Energy Expo Asia Singapore, November 2010 ADB Windows of Operations 1. Sovereign operations
More informationPumpset Energy Efficiency: Agriculture Demand Side Management Program
International Journal of Agriculture and Food Science Technology. ISSN 2249-3050, Volume 4, Number 5 (2013), pp. 493-500 Research India Publications http://www.ripublication.com/ ijafst.htm Pumpset Energy
More informationFor a Better, Safer and Healthier Planet
For a Better, Safer and Healthier Planet ABC INDIA (P) LTD. COMPANY: Hyderabad SOLAR POWER PURCHASE: PROPOSAL - Sample 833.5 kw Solar Rooftop Project PROPOSAL: NG (Natural Group) makes the capital investment
More informationBrief Overview of Renewable Energy Regulation in Tanzania
THE ENERGY AND WATER UTILITIES REGULATORY AUTHORITY (EWURA) Brief Overview of Renewable Energy Regulation in Tanzania Presentation by Anastas P. Mbawala Director of Electricity At the NARUC EWURA Mission
More informationPOWER SECTOR A STUDY OF INDIA
POWER SECTOR A STUDY OF INDIA Dr. Farah Naaz Gauri* Dr. Riyazuddin Qureshi** Dr. Hares Ahmed Qureshi*** Associate Professor, Dept. of Management Science, Jazan University, Jazan, K.S.A.* Assistant Professor,
More informationCDM Developments in India & Challenges Ahead. Pamposh Bhat Head, GTZ CDM - India Indo German Energy Programme Bureau of Energy Efficiency
CDM Developments in India & Challenges Ahead Pamposh Bhat Head, GTZ CDM - India Indo German Energy Programme Bureau of Energy Efficiency CDM in India India signed Kyoto Protocol in December, 1997 & ratified
More informationFacts of PAT Cycle 1 & 2. A Bicon Consultants Report. Bicon Report 12/30/16 Energy Knowledge Hub
Facts of PAT Cycle 1 & 2 A Bicon Consultants Report Bicon Report 12/30/16 Energy Knowledge Hub About Bicon Consultants: bicon Bicon Consultants is a Chartered Engineering firm, accredited by BEE as an
More informationU.S. Solar Market Outlook
U.S. Solar Market Outlook Market Drivers and Competitive Landscape Trends Shaping U.S. Solar Demand Cory Honeyman Associate Director, U.S. Solar honeyman@gtmresearch.com July 2016 About Greentech Media
More informationSMALL HYDRO PROGRAMME IN INDIA
SMALL HYDRO PROGRAMME IN INDIA Bhuwanesh Kumar Bhatt Ministry of New and Renewable Energy Hydropower represents use of water resources towards inflation free energy due to absence of fuel cost with mature
More informationDigital market for Power Products & Services
MARKET Digital market for Power Products & Services The business environment around us is changing very fast, at a pace which until a few years ago was impossible to imagine. The digital tsunami, if I
More informationJordan Renewable Energy program. Ministry of Energy and Mineral Resources Nov. 2017
Jordan Renewable Energy program Ministry of Energy and Mineral Resources Nov. 2017 Key Challenges Facing the Energy Sector in Jordan Lack of conventional energy resources High dependency on imported energy
More information2. Germany Solar Feed-in Tariffs (FiT) Present Status and Impact Germany Solar PV On-Grid and Off-Grid Cumulative Installed Capacity,
TABLE OF CONTENTS 1. Germany Solar Photovoltaic (PV) Market Introduction 2. Germany Solar Feed-in Tariffs (FiT) Present Status and Impact 3. Germany Solar PV Market Size, 2006-3.1. Germany Solar PV On-Grid
More informationSOLAR DUE DILIGENCE. Instructor: Peter Cockcroft March Jakarta
SOLAR DUE DILIGENCE Instructor: Peter Cockcroft 20 22 March 2017 Jakarta COURSE BENEFITS This 3-day course is essential for all players in the international solar power game, and you will walk away with
More informationJhabua Power Ltd. NOTICE INVITING BIDS
Jhabua Power Ltd. 2nd Floor, Centrum plaza, Golf Course Road, Sector- 53, Gurgaon-122002 Ph.: +91-124-4392000 Fax: +91-124-4376496 NOTICE INVITING BIDS BY JHABUA POWER LIMITED (JPL) 2nd Floor, Centrum
More informationA Roadmap for Photovoltaic Auctions in Israel Targets and vision Honi Kabalo - Head of Renewable Energy, Electricity Regulatory Authority
A Roadmap for Photovoltaic Auctions in Israel Targets and vision Honi Kabalo - Head of Renewable Energy, Electricity Regulatory Authority The evolution of Israel s Renewable Energy Scheme 2017-2020: Solar
More informationMedium Term Renewable Energy Market Report 2016
Medium Term Renewable Energy Market Report 2016 Clean Energy Investment and Trends IETA Pavilion COP22, Marrakech November 10, 2016 Liwayway Adkins Environment and Climate Change Unit International Energy
More informationPublished on Market Research Reports Inc. (https://www.marketresearchreports.com)
Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Biopower in Italy, Market Outlook to 2025, Update 2015 - Capacity, Generation, Levelized Cost of Energy (LCOE),
More informationOWN YOUR SUN. Ashu Gupta Vice President - Corporate Ujaas Energy Limited
OWN YOUR SUN Ashu Gupta Vice President - Corporate Ujaas Energy Limited A Presentation on Success Stories on investments in Renewable Energy Sector in Uttar Pradesh & Uttrakhand SOLAR POWER A Greener,
More informationChina's Green Growth Strategy: Industry Policy or Green Environment Policy?
China's Green Growth Strategy: Industry Policy or Green Environment Policy? Conférence internationale Débattre de l innovation responsable dans les énergies renouvelables et l architecture» 16 novembre
More informationBe responsive to customer needs, delivering optimal solutions and valueadded
L&T-SARGENT & LUNDY LIMITED L&T-Sargent & Lundy Limited is a joint venture between Larsen & Toubro, India and Sargent & Lundy L.L.C., USA. Established in 1995, it provides consultancy and engineering design
More informationNERSA Public Hearing Dyason s Klip 1 (Pty) Ltd
Scatec Solar ASA NERSA Public Hearing Dyason s Klip 1 (Pty) Ltd Presented by Jan Fourie Business Development Manager September 2015 Project Company-General Information Dyason s Klip 1 (Pty) Ltd (formerly
More informationIndia. India Grain Voluntary Update - October 2017
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 10/3/2017 GAIN Report Number:
More informationJawaharlal Nehru National Solar Mission Building Solar India Ministry of New and Renewable Energy Government of India
Jawaharlal Nehru National Solar Mission Building Solar India Ministry of New and Renewable Energy Government of India 1 st Concentrated Solar Thermal Power Summit New Delhi, September 2010 Under the National
More informationUN Symposium on SDG7. Ensuring universal access to affordable, reliable and modern energy services. Raymond Carlsen, CEO. October 19 th.
UN Symposium on SDG7 Ensuring universal access to affordable, reliable and modern energy services Raymond Carlsen, CEO October 19 th. 2017 Our values Predictable Driving results Changemakers Working together
More informationINGENIA ASLAT Our experience at your service
INGENIA ASLAT Our experience at your service Agenda 1. ISE-ASLAT Joint Venture DISCLAIMER This Presentation has been prepared for informational purposes and is being delivered to the Recipient subject
More informationThe SUN is definitely rising, but will it shine?
The SUN is definitely rising, but will it shine? Decoding the trend of falling solar tariffs in India Rahul Gaba Gurpreet Chugh Introduction Solar tariffs in India have continued to fall during the last
More informationSuryaC n HYDERABAD WITH SPECIAL FOCUS ON ROOFTOP SOLAR, SOLAR PARKS, UTILITY SCALE PROJECTS & PV MANUFACTURING
MODULE PARTNER RESCO PARTNER MAKE IN INDIA Organised By I N T E R N AT I O N A L SuryaC n HYDERABAD JULY 28, 2017 THE PARK, Hyderabad Conference Buyer-Seller Meet * SPECIAL MODULE TRAINING PROGRAM BY JINKO
More informationSUBSIDIARY LEGISLATION
ISSN 0856 034X Supplement No. 42 21 st October, 2016 SUBSIDIARY LEGISLATION to the Gazette of the United Republic of Tanzania No. 44 Vol. 97 dated 21 st October, 2016 Printed by the Government Printer
More informationIn an indication of growing appetite for electricity. Future Scope of Solar Energy in India. Bharat Raj Singh *1 and Onkar Singh 2.
Future Scope of Solar Energy in India Bharat Raj Singh *1 and Onkar Singh 2 1.* Director, School of Management Sciences, Lucknow. (U.P.) India. e-mail: brsinghlko@yahoo.com 2. Vice Chancellor, Madan Mohan
More informationUpcoming Energy & Infrastructure Projects in India & South East Asia Region
Upcoming Energy & Infrastructure Projects in India & South East Asia Region - 2018 Country Wise Track of Forthcoming Oil & Gas Projects, Thermal Power Plant Projects, Power Transmission Projects, Wind
More informationDealReader. Solar Energy. Inside this Issue Q Q Deal Volume Comparison. Recent Solar Energy Transaction Announcements
DealReader Solar Energy Q3 217 Inside this Issue Q3 217 Deal Volume Comparison Recent Solar Energy Transaction Announcements An Analysis of Global Solar Energy Trends Global Energy & Power Group Q3 217
More informationScaling Solar India Through Financing
Scaling Solar India Through Financing Table of Contents 1. Introduction 2. Phase II of India s National Solar Mission a. Phase II Guidelines b. Phase II Financial Mechanisms 3. A Look Back: Phase I Financial
More informationWaste to Energy and Waste Management Market in India
Waste to Energy and Waste Management Market in India - 2018 Examining Opportunities, Economics, Technologies, Market Trends, Challenges & Outlook E-REP Business & Market Research Series May 2018 Waste
More informationREPLIES TO QUERIES. Sr. Clause No Reference from RfQ cum RfP Queries Clarification. Developer. Bidder shall furnish the please.
REPLIES TO QUERIES ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) SERVICES FOR 1.00MW MODEL SOLAR POWER PROJECT AT NEEMRANA INDUSTRIAL AREA ON TURNKEY BASIS AND OPERATION & MAINTENANCE OF 1.00MW SOLAR
More informationProcurement Policy. (June 11, 2015)
Procurement Policy (June 11, 2015) Table of Contents 1. PURPOSE AND OVERVIEW... 4 1.1. About MPAC... 4 1.2. Purpose... 4 1.3. Procurement Governance... 4 2. SCOPE AND APPLICATION... 4 2.1. Scope... 4 3.
More informationExecutive Summary. India Mining Report Astra Mining Australia India Indonesia Singapore
Executive Summary India Mining Report Astra Mining 14.12.10 Australia India Indonesia Singapore International Head Office Level 11, 82 Eagle Street, Brisbane, QLD 4000, Australia For more information visit
More informationChapter: 1.1 Energy Scenario
Chapter: 1.1 Energy Scenario Part-I: Objective type questions and answers 1. The energy sources, that are either found or stored in nature are a) Secondary Energy Sources b) Primary Energy Sources c) both
More informationManaging PPP in Korea through A Think Tank Institution
Managing PPP in Korea through A Think Tank Institution Jay-Hyung Kim (jaykim@kdi.re.kr) Public and Private Infrastructure Investment Management Center (PIMAC) Korea Development Institute (KDI) OECD Second
More informationJawaharlal Nehru National Solar Mission
Jawaharlal Nehru National Solar Mission Deepak Gupta Secretary Ministry of New and Renewable Energy Government of India 8 th June, 2011 Jawaharlal Nehru National Solar Mission (JNNSM) India has set up
More informationUNMIK REGULATION NO. 2004/22 ON THE PROMULGATION OF A LAW ADOPTED BY THE ASSEMBLY OF KOSOVO ON ELECTRICITY
UNITED NATIONS United Nations Interim Administration Mission in Kosovo UNMIK NATIONS UNIES Mission d Administration Intérimaire des Nations Unies au Kosovo UNMIK/REG/2004/22 30 June 2004 REGULATION NO.
More informationCalifornia s Renewable Portfolio Standard
California s Renewable Portfolio Standard Northwest Power and Conservation Council California Power Markets Symposium September 5, 2013 William A. Monsen MRW & Associates, LLC Oakland, California wam@mrwassoc.comcom
More informationImpact of Renewable Energy Certificate (REC) Mechanism in India
Impact of Renewable Energy Certificate (REC) Mechanism in India Authors: S. K. Soonee, K. V. S. Baba, U. K. Verma, Minaxi Garg, Shailendra Kr. Verma and K. C. Saini Power System Operation Corporation Ltd.
More informationEnterprise Software License Agreements - Best Practices - Lessons Learned 9/8/2009 1
ELA Best Practices Enterprise Software License Agreements - Best Practices - Lessons Learned 9/8/2009 1 Buying Software Software has been commoditized in order to simplify small repeatable transactions
More informationRenewable Energy Development in Africa
Now Available Trends, Outlook, Opportunities and Projections India Infrastructure Research www.indiainfrastructure.com Current rate of electrification and future targets for renewable energy in Africa
More informationSPECIFICS OF WORLDWIDE CSP EMERGING MARKETS. Belén Gallego, Founder & Director of CSP Today
SPECIFICS OF WORLDWIDE CSP EMERGING MARKETS Belén Gallego, Founder & Director of CSP Today Washington DC, ESMAP Meeting 7 th Nov 2012 IT MAKES SENSE TO THINK OF THE FUTURE FROM WHY TO HOW? IT MAKES SENSE
More information