India

IEEFA Research

IEEFA: India could compete against China in solar module production with the right government support

IEEFA: India could compete against China in solar module production with the right government support

The focus should be on helping manufacturers become globally competitive

7 January 2021 (IEEFA India): Although one of the top 10 solar module producers in the world, India is lagging behind its biggest competitor China, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report, Viability Assessment of New Domestic Solar Module Manufacturing Units, finds current production capacity in […]

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

Intra-state transmission infrastructure is the weakest link in the grid

16 December 2020 (IEEFA India): A new IEEFA report recommends increasing competition in the development of intra-state transmission infrastructure, to speed up deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development of transmission systems must keep pace to meet demand and ensure efficient, reliable delivery […]

and December 16, 2020 Read More →
IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

What drove the aggressive winning bid of Rs2/kWh ($0.027/kWh) in a recent solar PV auction?

India set a new record low tariff of Rs2/kWh ($0.027/kWh) in the recent Solar Energy Corporation of India (SECI) auction on 23 November 2020. The tariff based bidding was conducted for selection of solar power developers to set up 1,070 megawatts (MW) of grid-connected solar PV projects on a “build-own-operate” (BOO) basis in Rajasthan (Tranche-III). […]

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

Transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables

3 December 2020 (IEEFA India): Indian Railways should explore the use of sections of its extensive network for electricity transmission infrastructure. This is a key recommendation in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) that outlines the opportunity for Indian Railways to participate in the nation’s energy transition beyond […]

IEEFA: Indexed renewable energy tariffs could save India’s discoms up to Rs21,880 crore (US$3bn) over five years

IEEFA: Indexed renewable energy tariffs could save India’s discoms up to Rs21,880 crore (US$3bn) over five years

An interim solution to ease financial pressure on discoms and accelerate closure of end-of-life coal plants

21 October 2020 (IEEFA India): The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector and help India move away from coal-fired power, according to a joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and the CEEW-Centre for Energy Finance […]

IEEFA: Wind-solar hybrid systems can power India’s next wave of renewables growth

IEEFA: Wind-solar hybrid systems can power India’s next wave of renewables growth

Hybrid generation can produce consistent power at competitive tariffs

8 October 2020 (IEEFA) ‒ India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by IEEFA and JMK Research. “This is a new and fast-growing market in India,” say the report’s authors Vibhuti Garg, energy economist at the Institute for Energy […]

IEEFA: India should deepen its short-term power market to enhance price transparency and competitiveness

IEEFA: India should deepen its short-term power market to enhance price transparency and competitiveness

A national pool real-time market will boost renewable energy deployment

24 September 2020 (IEEFA India): A transition towards more national trading of electricity in real-time could help India’s power sector achieve competitive price discovery, reduce costs for consumers and accelerate the shift to a renewables-based system, according to a new briefing note by IEEFA. “While long-term contracts should remain the dominant procurement model in India, […]

and September 24, 2020 Read More →
IEEFA: These 7 auctions show India’s renewables sector is still primed for growth

IEEFA: These 7 auctions show India’s renewables sector is still primed for growth

Despite pandemic disruptions, there is plenty of investment capital available for renewable projects

22 September 2020 (IEEFA India): While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note.  Policy-related headwinds and a collapse in electricity demand due to the COVID-19 […]

and September 22, 2020 Read More →
IEEFA India: Renewables-rich Rajasthan has potential to lead India’s energy transition

IEEFA India: Renewables-rich Rajasthan has potential to lead India’s energy transition

Shift to cheaper renewable capacity could alleviate discoms’ distress

17 September 2020 (IEEFA India): As India looks to expand its renewable energy capacity, a new report from IEEFA finds that Rajasthan can play a key leadership role in the country’s transition to a low-cost, low-emission, profitable electricity system.  Rajasthan’s installed renewable energy capacity reached 9.6 gigawatts (GW) at the end of fiscal year (FY) […]

and September 17, 2020 Read More →
IEEFA India: How state governments can manage mounting power distribution sector debts

IEEFA India: How state governments can manage mounting power distribution sector debts

Discoms’ losses pose fiscal risk to states

10 September 2020 (IEEFA India) ‒ State governments should be made responsible for improving the finances of their struggling power distribution companies (discoms), which continue to incur huge losses, according to a briefing note prepared by IEEFA for the Fifteenth Finance Commission of India. The financial distress of the state-owned discoms has led to major […]

More News and Commentary

IEEFA: Is oil giant Total an emerging leader of the energy transition?

Shows how to pivot from an oil company to an energy company

Last summer, French oil and gas giant Total SE announced a $7 billion impairment charge for two Canadian oil sands projects. This might have seemed like an innocuous move, merely an acknowledgement that the projects hadn’t worked out as planned.  Yet it opened a Pandora’s box that could change the way the industry thinks about […]

IEEFA India: The false promise of ‘second life’ coal

India risks Rs4 trillion new investment in yet more stranded fossil fuel assets

Federal Home Minister Amit Shah’s suggestion that India should invest 4 trillion rupees (US$55billion) in expanding new and existing coal mines, as well as high-risk, speculative, domestic ‘clean coal’ projects over the next decade to create a hoped for ‘second life’ is, in our view, entirely inconsistent with the country’s policy direction and ignores the […]

January 19, 2021 Read More →

Total continues renewable expansion, buys stake in Adani Green Energy

Greentech Media: Total has acquired a stake in India’s Adani Green Energy (AGEL), a move that continues to push the French oil major ahead of its European peers when it comes to renewables. AGEL has 3 gigawatts of operating renewable capacity, another 3 GW under construction and 8.6 GW in development, adding up to 14.6 […]

January 19, 2021 Read More →
IEEFA: India could compete against China in solar module production with the right government support
, and

IEEFA: India could compete against China in solar module production with the right government support

The focus should be on helping manufacturers become globally competitive

7 January 2021 (IEEFA India): Although one of the top 10 solar module producers in the world, India is lagging behind its biggest competitor China, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report, Viability Assessment of New Domestic Solar Module Manufacturing Units, finds current production capacity in […]

Adani Green Energy to build 600MW solar-wind hybrid project in India

PV Tech: A subsidiary of Adani Green Energy has received a contract to build a 600MW solar-wind hybrid project in India after posting a winning bid in an auction carried out last month by the Solar Energy Corporation of India (SECI). Subsidiary Adani Renewable Energy Holding Eight has received a letter of award for the […]

January 4, 2021 Read More →
IEEFA: Repurposing coal plants into solar and battery can pay up to 5 times more than decommissioning
and

IEEFA: Repurposing coal plants into solar and battery can pay up to 5 times more than decommissioning

An economic proposition for coal dominant developing countries

Worldwide, coal plants are grappling with environmental issues and low capacity utilization levels. They have not only become unprofitable to utilities, they are also uneconomical to customers. While retiring end-of-life coal plants can overall be very beneficial, and indeed necessary as finance continues to exit the fossil fuel sector driven by the global energy transition, […]

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress
and

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

Intra-state transmission infrastructure is the weakest link in the grid

16 December 2020 (IEEFA India): A new IEEFA report recommends increasing competition in the development of intra-state transmission infrastructure, to speed up deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development of transmission systems must keep pace to meet demand and ensure efficient, reliable delivery […]

and December 16, 2020 Read More →

IEA: Global electricity generation from coal will drop by largest amount on record in 2020

S&P Global Market Intelligence ($): Worldwide coal generation will fall 5% in 2020 to 2012 levels, marking the largest annual decrease on record, the International Energy Agency estimated in a new report. Coal use will likely bounce back in 2021, but growth in renewables will remain the lead story in electricity generation, the agency said […]

December 15, 2020 Read More →

Indian state of Maharashtra sets goal of adding 17GW of renewable energy capacity by 2025

ETEnergyworld.com: The Maha Vikas Aghadi (MVA) government has come out with a renewable energy policy that has set a target of adding 17,385MW renewable energy capacity by 2025. It was cleared by the cabinet on Wednesday. An investment of Rs 75,000 crore is expected in this sector in the coming five years. Other than this, […]

December 10, 2020 Read More →
IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic
and

IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

What drove the aggressive winning bid of Rs2/kWh ($0.027/kWh) in a recent solar PV auction?

India set a new record low tariff of Rs2/kWh ($0.027/kWh) in the recent Solar Energy Corporation of India (SECI) auction on 23 November 2020. The tariff based bidding was conducted for selection of solar power developers to set up 1,070 megawatts (MW) of grid-connected solar PV projects on a “build-own-operate” (BOO) basis in Rajasthan (Tranche-III). […]