- Azure power is the first commercial private power plant generating and supplying 1 MW power. For each unit of electricity pumped into the grid, the company gets Rs 15 from the Punjab State Electricity Board, of which Rs 6 is borne by the Union Ministry of New and Renewable Energy (MNRE).
- The first MW-scale plant to come up in India was that of West Bengal Renewable Energy Development Agency (WBREDA). Its 1 MW plant in Asansol began generation on August 28 2009. The agency reported that the Asansol plant is being stepped up to 2 MW and has already sold 5 lakh units.
- Karnataka leads in terms of capacity with two projects of 3 MW each, at Kolar and Belgaum, going on stream on September 30. Each 3 MW plant generates 4 million units annually and can irrigate about 1,200 acres according to Karnataka Power Corporation.
- Moser Baer Clean Energy Limited (MBCEL), a subsidiary of Moser Baer Projects Private Limited (MBPPL) has commissioned the first 5 MW solar farm at Sivaganga in Tamil Nadu. The solar farm is expected to supply 75 lakh unit per annum and is connected to the 110 KVA local grid. Of the total power generated from the 5 MW plant, 60 per cent is likely to be sold to the TNEB while the remaining will be given to private players utilising the Board’s transmission grid, the sources said. While the TNEB would pay around Rs.3 per unit, the MNRE would pay Rs.12 per unit under the scheme.
- The 2-megawatt solar project in Jamuria, West Bengal, was built at the site of an abandoned 6-MW coal-based thermal power plant. DPSC plans to buy the electricity for Rs 5 ($0.10) per unit to distribute to customers in the Asansol-Raniganj belt. The project, which is also set to receive government incentives of Rs 10 per unit, is expected to generate Rs 4.8 crore ($1 million) per year. The plant is expected to generate 3 million units of electricity a year
- North Delhi Power Ltd (NDPL), a joint venture of Tata Power with the Delhi government commissioned 1 MW solar rooftop power in north Delhi. The panels are designed to work for 25 years. This 1-Mw unit is designed to produce 1.58 million units of electricity annually, sufficient to light more than 1,000 homes. The Central Electricity Regulatory Commission has capped the cost of this power at Rs 17 per unit. On top of that, the Delhi government, too, has extended a subsidy to keep the cost of each unit coming out of the plant to about Rs 5.
- RIL has commissioned a 5 MW solar power generation plant at Khimsar village in Nagaur district. Three power companies of Rajasthan – Jaipur Discom, Ajmer Discom and Jodhpur Discom will purchased the power. According to the agreement, RIL will get Rs 15.78 per unit. The power purchase rate would be Rs 3.67 for 10 years while Indian Renewable Energy Development Agency (IREDA) will pay Rs 11.33 per unit as per the directives of Renewable Energy Regulatory Commission (RERC) to promote solar green energy. Apart from that, the discoms will pay 78 paise per unit to the power generation company. As per the policy, IREDA will pay an incentive of Rs 11.33 per unit in the first year of operation, and for each subsequent year it would reduce it by 4 paise per unit. Subsequently, there will be an a 4 paise rise in tariff to compensate the overall payout to RIL.
Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.
Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.
Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.
