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India's Solar Mission - 100GW by 2022

Discussion in 'Education & Research' started by Agent_47, Nov 30, 2016.

  1. Dagger

    Dagger 2nd Lieutant FULL MEMBER

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    The cost of plant is amortised plus all running costs to the per unit price sold to the distributors.

    Thats what I said in the last post. Competitive per unit bidding is a contract over a period of a set amount of years. It is the value , you are looking for minus the companies margin.
    I gave a source.
    3.25 rs for coal and u can find the per unit cost of solar of that particular plant somewher in the thread.

    If you are asking me to give a value compared to 679m $. Its not possible, because raw material costs for coal are different.
     
  2. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

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    India’s 750 Megawatt Solar Tender Draws Bids For 7,500 Megawatts
    February 1st, 2017 by Saurabh Mahapatra

    Originally published on CleanTechies.

    One of the recent solar power auctions in India has received a massive response from project developers.

    The Rewa solar park tender of 750 megawatts has attracted bids from some of the leading project developers in India and abroad. A total of 20 developers have placed bids with a cumulative capacity of 7,500 megawatts (MW), translating into a 10 times over-subscription of the tender.

    The solar power park will be developed in 3 phases of 250 MW capacity each, spread over a total of 1,500 hectares. Power generation from the first phase is expected to start beginning in June 2017, with the entire capacity expected to be fully operational by December 2017.

    Of the 20 bidders, four have submitted to develop all three sections of the park. ReNew Power (one of India’s leading renewable energy developers and backed by Goldman Sachs), SBG Cleantech (joint venture between Bharti Enterprises, SoftBank and Foxconn), Enel Green Power and Adani Group (operator of India’s largest solar power project) submitted bids to develop the entire 750 megawatts of capacity.

    Hero Future Energies and Mahindra Renewables, both parts of large industrial conglomerates in India, placed bids to develop 500 megawatts each.

    A number of reputed Indian and global companies submitted bids to develop 250 megawatts of capacity each. These include Acme Solar, Orange Renewables, Torrent Power, GDF Suez, RattanIndia Power, Aditya Birla Renewables, Azure Power Canadian Solar and Solenergi Power.

    Almost a third of the planned capacity has already been allocated to the Delhi Rail Metro Corporation (DMRC) while the rest will be signed up by the distribution utilities of the host state, Madhya Pradesh. The International Finance Corporation (IFC) will provide funding for the project.

    https://cleantechnica.com/2017/02/01/indias-750-megawatt-solar-tender-draws-bids-7500-megawatts/
     
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  3. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

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    Europe supports Indian solar

    EIB loaning €200m to help develop up to 800MW of PV projects

    03/02/2017
    The European Investment Bank has approved a €200m loan to support the development of utility-scale solar plants in India totalling approximately 800MW.

    The money will go to corporate developers for projects of 50MW and above.

    The bank said that environmental and social pre-screening of the projects will be required.

    It will also appraise the experience, procedures and capacity of the borrower to check eligibility, perform due diligence and monitor projects in line with the EIB’s environmental and social policy and standards.

    The EIB is also considering a €100m loan application from the Caribbean Development Bank for projects that tackle climate change in the Caribbean region.

    Potential project sectors include energy, transport, water and sewerage, and industry.

    http://renews.biz/105787/europe-supports-indian-solar/

    @Agent_47
     
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  4. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

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    List of Proposed Ultra Mega Solar Power Projects

    ●750 MW project in Banaskantha district of Gujarat state
    ●1,500 MW project in Rewa district of Madhya Pradesh state
    ●1,000 MW project in Mehboob Nagar of Telangana state
    ●7,500 MW park in Leh and Kargil region of Jammu and Kashmir state
    ●2500 MW project in Anantpur district of Andhra Pradesh state
    ●600 MW project in Allahabad of Uttar Pradesh state
    ●2,000 MW project in Bhandla of Punjab state
    ●3,700 MW project in Jaisalmer of Rajasthan state.

    http://www.newindianexpress.com/business/2014/nov/28/2014-687660.html
     
  5. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

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    http://m.timesofindia.com/business/...-low-of-rs-2-97/unit/articleshow/57250860.cms

    Solar tariff drops to record low of Rs 2.97/unit
    PTI | Updated: Feb 20, 2017, 03.23PM IST

    New Delhi, Feb 10 () Lower capital expenditure and cheaper credit pulled down solar tariff to a new low of Rs 2.97 per unit in an auction conducted for 750 MW capacity in Rewa Solar Park in Madhya Pradesh.
    "India marches on towards realising the clean energy vision of Prime Minister Narendra Modi. First year solar tariff bids at record low of Rs 2.97/unit," Power, Coal and New and Renewable Energy Minister Piyush Goyal tweeted after the auction.
    The auction was conducted by a joint venture of Madhya Pradesh government and Solar Energy Corporation of India (SECI).
    "The tariff has come down due to lower capital expenditure and cheaper credit. The per MW capital expenditure cost has come down to Rs 4 crore from earlier range of Rs 5-6 crore. Similarly, the interest rates have also slipped to 8.5 per cent from earlier 10-12 per cent," a senior official said.
    "The first year tariff quoted by the companies are -- for Unit 1 - Rs 2.979 by Mahindra, for Unit 2 - Rs 2.970 by Acme and for Unit 3 - Rs 2.974 by Solenberg," the official added.
    While Mahindra and Acme are Indian firms, Solenberg is a Brazilian company which participated in the auction for these solar capacities totalling 750 MW.
    "There would be 5 paise escalation for 15 years and 33 paise to be added for the levelised tariff," the official added.
    Last year in January, solar power tariff had dropped to a new low, with Finland-based energy firm Fortum Finnsurya Energy quoting Rs 4.34 a unit to bag the mandate to set up a 70-MW solar plant under NTPC's Bhadla Solar Park tender.
    In November 2015, the tariff had touched Rs 4.63 per unit following aggressive bidding by US-based SunEdison, the world's biggest developer of renewable energy power plants. KKS ABM
     
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  6. Gessler

    Gessler BANNED BANNED

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    Unlikely all of them could be implemented, but it they do...that's almost 20GW solar power right there.
     
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  7. Gessler

    Gessler BANNED BANNED

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    NEW DELHI: Green power is driving the growth in India's electricity generation as total installed solar capacity, including rooftop and off-grid projects, has crossed 10 gigawatts (gW), latest government and market data show.

    [​IMG]
    Adani Group's Kamuthi SPP, near Madurai in Tamil Nadu. At a capacity of 648MW, it's the world's single largest solar park.

    Generation from conventional sources showed an annual growth rate of over 5% in the 11-month period of 2016-2017 financial year, while output from renewable power projects rose more than 26% during this period. Together, the total growth in generation is in excess of 6% from a year-ago period, government data show.

    Power ministry officials say the net growth figure will be higher as generation data from renewable power projects come with a time lag, and therefore, does not reflect in the Central Electricity Authority's latest report. The officials said the total generation this February showed marginal decline than the year-ago period due to the effect of 2016 being a leap year. A day's extra generation in February 2016 affected the February 2017 figure by 3.57%. Had February 2017 also had one extra day, the increase in electricity generation from conventional sources would have been 3.52%, the officials said. Market watchers see renewables continuing to carve a bigger space in the country's generation sphere on the back of the Narendra Modi government's funding push.

    After coming to power in 2014, the government revised the target for renewables from 20 gW to 175 gW, including 100 gW of grid-connected solar projects, by 2022.

    [​IMG]
    Stock image of Cochin International Airport in Kochi, Kerala - runs entirely off of solar power

    Last month, the government announced an ambitious scheme to double solar power generation capacity under the solar parks scheme to 40,000 mega watts (mW) by 2020, with Rs 8,100 crore assistance to fund 30% of the initial project cost of developers.

    India is expected to add new solar capacity of 5.1 gW this year, which is a growth of 137% over last year, a recent report by Bridge To India, a green energy-focused consultant, said. It expected an annual capacity addition of about 8-10 gW in 2017.

    "India is expected to become the world's third biggest solar market from next year onwards after China and the US," it said.
    Tamil Nadu has the highest installed solar energy capacity, followed by Rajasthan, Andhra Pradesh, Gujarat, Telangana, Madhya Pradesh and Punjab. These seven states collectively accounted for more than 80% of total installed capacity as of mid-November.

    http://timesofindia.indiatimes.com/...r-generation-to-10gw/articleshow/57504115.cms

    @Abingdonboy @randomradio @PARIKRAMA @Ankit Kumar 001 @Indx TechStyle @GSLV Mk III

    I think the goal is to reach somewhere around 40GW in the early 2020s. Let those really big projects in Gujarat and elsewhere come online at full capacity and they'll be a huge capacity addition YoY.
     
  8. GSLV Mk III

    GSLV Mk III Captain FULL MEMBER

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    There was some kind of target by 2022 wrt renewable sources.
     
  9. SR-91

    SR-91 2nd Lieutant FULL MEMBER

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  10. Abingdonboy

    Abingdonboy Major IDF NewBie

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    150GW by 2022-25 for Solar IIRC, not sure about full renewable target.
     
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  11. SR-91

    SR-91 2nd Lieutant FULL MEMBER

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    Most solar panels in commercial production and usage are only about 14-18% efficient. That means energy conversion from sunlight energy to electricity is about that. Most successful panel which are not yet commercialized are about 26%.

    Imagine when panels are much more effective at 40 or even 50%, how much and how fast the electric production goes up?

    Your production would go up 4-5 fold without acquiring additional land. Electricity rates could drop immensely.
     
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  12. Ankit Kumar 001

    Ankit Kumar 001 Major REGISTERED

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    Worlds largest solar power plant beating China now operational.

    The world’s largest single-location solar park of 1,000 megawatts (1 gigawatt) is nearing completion in Kurnool district of Andhra Pradesh.

    With 900 MW of the 1,000 MW already commissioned at the Kurnool Ultra Solar Park, and the remaining to be fully operational next month, it has already become the largest such park outpacing 648 MWsolar park developed by Adani in Tamil Nadu and Topaz Solar Park of 550 MW in California.

    ‘Major achievement’

    Taking through the project site located about 280 km from Hyderabad, Ajay Jain, Principal Secretary (Energy), said this is a major achievement. The park has been developed under the solar parks scheme of MNRE and set up by Andhra Pradesh Solar Power Corporation, a joint venture company wherein 50 per cent equity is held by SECI, 41 per cent by AP Genco and 9 per cent by Nredcap.

    About ₹7,000 crore has been invested in the park by developers and the government.

    Collective effort

    Of the 1,000 MW, 500 MW has been implemented by Greenko which had acquired the assets of the bankrupt company Sun Edison, 350 MW by Softbank Energy, both at ₹4.63 per kWh, Azure Power 100 MW and Adani 50 MW, the latter two at ₹5.13 per unit with domestic content. The project also get bundled with NTPC thermal project, bringing the tariffs down to ₹4 a unit, G Adiseshu, MD of APSPCL, said.

    The solar park is spread over 5,811 acres of land. The plant packs about 40 lakh modules. The Centre has allotted ₹200 crore to the state to develop the park infrastructure.

    The state has initiated three other solar parks at Ananthapuram I and II (500 MW each), and Kadapa Ultra Solar Park of 1,000 MW.

    With the commissioning of the solar park the installed capacity has gone up to 1,867 MW in AP, making it the state with highest generation capacity outpacing Rajasthan (1,812 MW), Jain said.

    The State now has 6,052 MW of installed renewable projects.

    With the drastic drop in solar process and big capacity addition, the state plans to expedite solar project implementation and put on hold coal projects.

    http://m.thehindubusinessline.com/n...-operational-by-next-month/article9670458.ece
     
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  13. GSLV Mk III

    GSLV Mk III Captain FULL MEMBER

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    No solar thermal plants under construction?
     
  14. Bregs

    Bregs Lieutenant FULL MEMBER

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    Coal projects shall be stopped before all youngsters of country start taking respiratory inhalers , and more wind, solar and hydel energy plants should be started
     
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  15. Hellfire

    Hellfire Devil's Advocate THINKER

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