One of the biggest problems in the growth of solar energy is the capital cost which accounts for almost 90% of the total lifetime cost of solar energy. Even small scale solar energy systems which can power a couple of lights with energy storage are out of the reach of poor customers in places like India and Africa. These people cannot afford the $200-$500 for such systems, though they spend a greater amount on alternative forms of energy such as kerosene. Converting these customers towards solar energy makes a huge amount of sense both from a commercial and an environmental point of view. It’s a win-win for the customer, the financing agency as well as the government. There are a lot of social enterprises that are providing financing and products to the bottom of the pyramid customers in India andAfrica. We have already featured D.Light as one of the first
- CG’s first order for supply of equipment to Ukraine
- Supervision of erection and commissioning by CG, Hungary
- Order marks CG’s continued expansion in Eastern Europe
The West Bengal State Electricity Distribution Company Ltd (WBSEDCL), which has sought a 2 paise reduction in average tariff for 2014-15, has asked for 44 paise hike for 2015-16 and 38 paise in 2016-17 from the current rate from the state power regulator. In the tariff petition with the State Electricity Regulatory Commission, the state utility had asked for a average tariff of Rs 6.57 a unit for 2014-15, Rs 7.01 for 2015-16 and Rs 7.39 a unit for 2015-16 and 2016-17, respectively. The current tariff a consumer of WBSEDCL is paying is Rs 6.59 for each unit of consumption, including MVCA adjustments. The announcement by the state government for taking steps for reducing the power tariff turns ineffective with demand for sharp rise in tariff the two years beginning April 2015 by WBSEDCL. If the regulator accepts the demand, a household consumer using around 200 units a month will see a paltry decline
Reuters reported that Coal India Limited, the world's largest coal miner, plans to set up a 1.6 GW power plant by 2015 to 2016 near one of its mines from which coal cannot be shipped and sold due to a lack of rail connections. The company has often said that its output would be 300 million tonne more than the current figure of about 475 million given enough rail tracks to carry the fuel from new and remote mines. Insufficient connectivity is one of the reasons the company has lagged output targets for more than 6 straight years leading to shortages at power producers and crippling outages. Mr CB Sood, an executive director at the company, said that "The country either needs coal or power. If we are not able to evacuate coal, we should set up pit-head power plants." Speaking on the sidelines of a coal conference in the resort state of Goa,
ate-run NTPC has filed a writ petition in the Delhi High Court, seeking a stay on the tariff guidelines recently issued by Central Electricity Regulatory Commission (CERC) for power plants catering to more than one state. Arguing that the regulator lacked consistency in its principles for tariff determination, the PSU said the new norms would hit its profitability. The new CERC guidelines will come into effect on April 1 and remain in force till March 31, 2019. The NTPC stock had tanked to a five-year low on February 24, following the regulator’s final tariff order. The new norms are aimed at increasing the operational efficiency of power plants, but would reduce profits of the PSU’s ageing plants. The regulator has removed many incentives for generation and transmission, which it thought added to inefficiency and was unfair to the consumer. Many of NTPC’s older plants have higher cost structure and the new regime would
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