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Solar Quarter Debrief is a dedicated business leadership & dedicated segment of Expert Talk focused on latest policy drafts, amendments & announcements by the Central & State Government in Renewable Energy Sector. In this series we bring to you the latest news, analysis on some of the most important sector announcements by bringing in a pool of experts from both the Private & Public sector to keep you informed and stay updated with expert insights. In this Expert Talk series our Experts will take a deeper look at these policies and translate them into actual Corporate Strategy and Roadmap for Businesses, this wisdom certainly comes across as a handy resource for future Business Planning. In this series you will get to interact One to One with Policy Makers, Advisors, Industry Experts and All Other Stakeholders who have been instrumental in Policy Making
With an aim to powering India 24/7 with enhanced utilization of renewable energy, The Ministry of New and Renewable Energy (MNRE) launched a Round the Clock Power scheme last year. This is believed to be helpful in addressing grid integration issues at the source and provide stakeholders the ability to utilize the long-term benefits emanating from RE. To make it a ground reality, The Solar Energy Corporation of India (SECI) issued its first tender with a capacity of 400MGW for round-the-clock renewable energy supply. However, recently MNRE has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power from grid-connected renewable energy (RE) power projects, complemented with power from any other source or storage.
The key amendment made to the guidelines was the formal introduction of “power from any other source or storage” into the guidelines to replace the unidirectional approach of bundling renewable energy with only thermal power.
The latest notification from the MNRE has further clarified that ‘renewable energy (RE) power’ wherever used in the guidelines, shall refer to power from solar power generating systems, wind power generating systems, or a combination thereof, with or without Energy Storage Systems (ESS), commissioned in pursuance of bidding process under these guidelines.
This Expert Talk will allow all stakeholders to create a sustainable business model, prioritize efforts and get the right business strategy in RE Space. Our experts will set out the current state-of-play and answer your questions in real time. This series is your chance to get one-to-one insights from Experts regarding Key Features, RoadMap and Right Strategy. Join this Exclusive Stakeholders Meet alongside RE experts, policymakers, public and private RE companies, manufacturers and service providers to decode Solar Policy Updates. A Must Attend for all investors & stakeholders looking to track policy and market developments in the Renewable Energy space.
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