Indian industry will be able to manufacture solar modules worth 100 GW annually, and help the country be a net exporter of solar power. This would significantly aid India’s target of installing 500 GW of electricity capacity from non-fossil sources by 2030.

The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for every kWh.

Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 22/04/2022 Is engaged in the business of developing, owning, operating and maintaining a 30MW hybrid project in Gujarat.

The Yogi government in Uttar Pradesh has set an investment target of Rs 40,000 crore in the energy sector to expand the energy sources in the state in light of the anticipated increase in electricity consumption over the next five years due to the establishment of industries

The Maharashtra Electricity Regulatory Commission has given approvals to three power utility firms in Mumbai for procurement of 959 MW of renewable energy for city consumers. In the first order, it allowed BEST to procure 234 MW solar power from Solar Energy Corporation of India (SECI).

In a major push to generate solar power based electricity in the city, the Chandigarh Renewable Energy and Science & Technology Promotion Society (Crest) will install rooftop solar power stations at seven locations in the city with aggregate capacity of 2250 kWp at Rs 13 crore.

The power utilities of Andhra Pradesh are gearing up to roll out a smart electricity metre project. The Union government has decided to replace around 25 crore conventional metre with smart metre across the country under the Smart Metre National Programme (SMNP).

Tata Power Discoms to invest Rs 5,000 crore to ensure reliable and quality electricity supply to industries. The company has committed a capex of approximately Rs 5,000 crore over the next five years covering the realms of network and infrastructure improvement and augmentation, technical integration, customer services, safety and others.

The government will invite bids from states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs. A total of 8,000 MW of thermal capacities in India are without any power purchase agreements.