Market Report

Fact Factor

Report Summary MNRE provides five-month extension for renewable energy projects hit by COVID 19 & ISTS wavier extension for solar projects until June 2023

Solar PV Market In India Outlook Update Q3 2020

Share Report

License Type

In addition to single user license

Add Hard Copy ($ 250.00)

Download Flyer

About

MNRE provides a five-month extension for renewable energy projects hit by COVID-19 & ISTS waiver extension for solar projects until June 2023 – brings much-needed respite for the solar industry

The ministry of new and renewable energy (MNRE) has granted an extension in the scheduled commissioning date for renewable energy projects by five months from 25 March to 24 August 2020 to overcome the disruption caused by the nationwide lockdown due to the coronavirus outbreak. The government has been ever supportive in motivating the solar segment to grow in the country by providing a favorable regulatory and policy atmosphere and steps like these will surely help the solar developers who have been hit due to the lockdown to commission projects without the stress of being penalized and also will provide time to the laborers to return back to project sites. Also, the government’s step to wave off inter-state transmission charges and losses for transmission of the electricity generated by power plants using solar and wind sources of energy, including solar-wind hybrid power plants with or without storage commissioned till 30th June 2023 has been met with relief by the industry, after COVID 19 had heavily hit renewable projects development.
TOC
- This Quarter
- Key Features
- Leading Edge
- Numbers to Learn
- The Eighty – 20 of Industry – What Matters?
- Key Signposts
- Deployment Trends
- Technology &
- Price Trends
- Industry Activities & Corporate Strategies
USPs
- First hand sector knowledge and inputs
- Primary research inputs from F2F interviews with domain experts
- Experts insights and market reviews taken into consideration
- Validated data and analysis
- Opportunity mapping and market sizing
- Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information and analysis
- Free query handling and analyst support for three months from the date of report procurement
Key Highlights
- German KfW Development Bank has agreed to give a soft loan of INR 600 crore to West Bengal power utility for the first phase of a 125MW solar park project in Purba Medinipur district
- State-run power giant NTPC has floated a tender to acquire 1 GW operational solar projects, which entails an investment of around INR 5,000 crore.
- Vikram Solar Ltd. is planning to invest INR 54.32 billion (USD 726 million) to make solar energy equipment in India, which is encouraging domestic manufacturing to reduce imports.
Report Insights
- The ministry of new and renewable energy (MNRE) has granted an extension in the scheduled commissioning date for renewable energy projects by five months from 25 March to 24 August 2020 to overcome the COVID-19 disruption.
- The government's decision to continue the imposition of safeguard duties for a third consecutive year on imports from China has been met with confusion from the industry. The solar industry has been recommending to the government to levy a basic customs duty (BCD) on imports of solar cells and modules as it will give support and direction to the domestic manufacturers in the coming years and help them come at par with the competition.
Must Buy For
- Central Power Generation Companies
- State Power Generation Companies
- Power Distribution Companies
- Independent Power Producers
- State Electricity Boards
- Project Developers
- EPC Contractors
- Original Equipment Manufacturers
- Renewable Power Developers
- Renewable Developing Agencies
- Government Agencies
- Research firms/ Institutes
- Project Consultants
- Industry Associations / Technical Consulting Group
Companies Mentioned
- ACME
- Renew
- Amplus Solar
- Azzure Power
- Tata Power
- UPC Renewables
- Avaada Energy
- EESL
- NTPC
- SECI
- SB Energy
- AMP Energy
- Hero Future
- Greenko
- Adani
- Sprng Energy

Browse reports by Industry Sector

Automotive & Assembly

FMCG

Healthcare Systems & Equipment

Renewable Energy Sources

Logistics & Warehousing

Metals & Mining

Oil & Gas

Pharmaceutical

Power & Utilities

Public Sector

Chemical & Petrochemicals

Capital Projects & Infrastructure

BEST VISION IS INSIGHT

Combine market knowledge and your skill to contribute value for end consumers

Electric Vehicles Adaptation Target in the Southeast Asian Nations

Discom wise Projected Power Sales & Annual Revenue Requirement in Odisha for FY 2024-25

Discom wise Estimated Power Sales & Annual Revenue Requirement in Madhya Pradesh for FY 2023-24

View all articles

Get started with
EI Market personalised demo

Complete the form to get in touch with our sales team to see our Visionboard platform in action. We'll show you how you can use eninrac to build a culture of action of consistently hunting down and eliminating poor market research expriences across your companies line of business

REQUEST DEMO

First Name *

Last Name *

Company *

Job Title *

Business Email *

Phone Number *

Select Country *

By providing this information, you grant consent that we may process your personal data in accordance with our Privacy Statement.

By submitting this form, you grant consent to receive marketing information from eninrac as set out in our Terms of Service & Privacy Statement. You may unsubscribe at any time.

Price Calculator
Single user License Fee (USD $)	1899
User License Fee (USD $)	0
GST (18 %)
Hard Copy Fee (USD $)	0
Total Value (USD $)	1899

Solar PV Market In India Outlook Update Q3 2020