India's levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power
In order to map the intermittent solar and wind energy, the CEA will source data from the Renewable Energy Management Centres
Solid fuels in manufacturing, liquid fuels for transport, and gaseous fuels for cooking and heating buildings all rely (to the largest extent) on fossil fuels
CSE Director General Sunita Narain said this at a national conference where she released a report titled the 'State of Renewable Energy in India 2019'.
As the lending rates in India are high for solar and wind power, project developers initially borrow fund from domestic banks/NBFCs at a high cost
Icra, however, noted that RE sector especially wind and solar segments remain exposed to near-term challenges
Competition in green energy domain has heated up especially in solar power segment
Hopes have soared once again, with the mother of all renewable IPOs getting Sebi's approval last week
Move follows industry call to stop reverse e-bidding in order to keep tariffs at healthy levels
The order also provides that the waiver would be available to only those projects which are awarded through competitive bidding process
During 2017, solar power tariff hovered around Rs 2.40 per unit only in auctions for capacities, where viability gap funding component was there, Sterlite Power CEO VedTiwari said.
NTPC provides 25% of India's electricity supply and as such plays a critical role in the country's economic activity
PE flows into wind and solar power jumped 47 per cent to $920 million