Author: Shaurya Bajaj

About Shaurya Bajaj

Shaurya is a staff reporter at MercomIndia.com with experience working in the Indian solar energy industry for the past four years in various roles. Prior to joining Mercom, Shaurya worked with a renewable energy developer and a consulting company. Shaurya holds a Bachelors Degree in Business Management from Lancaster University in the United Kingdom. 
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Privatizing DISCOMs the Way Out of their Financial Mess

The Indian power sector has been reeling under enormous financial pressure over the last few decades. Distribution companies (DISCOMs), a crucial part of the power...

January 27, 2020

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shaurya

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Mercom Research Focus

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Other
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First Loss Protection Can Open up Third-Party Rooftop Solar Market

The rooftop solar market slowed down significantly in 2019 along with regulatory hurdles and the overall downturn in the economy – it has yet to recover. Because of the...

January 21, 2020

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shaurya

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Mercom Research Focus

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Other
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PFC Tenders Transmission Systems for 2.5 GW of Wind Projects in Tamil Nadu

PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers. These service providers will help develop...

December 27, 2019

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shaurya

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Grid

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T&D
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Letter of Credit Has not Been Effective as Payment Security for Solar Developers

To tackle the risks related to delays in payments to independent power producers, the Ministry of Power (MoP) recently mandated state-owned distribution companies...

December 9, 2019

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shaurya

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Mercom Research Focus

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Other
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Andhra High Court Stays APERC’s Public Hearing to Revise Solar Tariffs

The Andhra Pradesh high court has stayed the notice issued by the Andhra Pradesh Electricity Regulatory Commission (APERC) for public hearings to revise solar tariffs....

December 2, 2019

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shaurya

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Markets & Policy

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Solar
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Traded Volumes of Solar RECs Witness 45% Decline in November 2019

In the November 2019 renewable energy certificate (REC) trading session, there was a significant decrease in the number of solar and non-solar RECs that were traded when...

December 2, 2019

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shaurya

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Markets & Policy

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Solar
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Solar Tender, Auction & Commissioning Delays Causing Liquidity Issues for Developers

According to several solar developers Mercom interacted with recently, there was unanimous agreement that the cost of participating in large-scale solar tenders has...

November 28, 2019

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shaurya

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Mercom Research Focus

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Other
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RBI Relaxes External Commercial Borrowing Norms to Benefit Solar & Wind Companies

In January 2019, National Solar Energy Federation of India (NSEFI) wrote to the Reserve Bank of India (RBI) to carve out a special category to allow External Commercial...

November 25, 2019

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shaurya

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Markets & Policy

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Other
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New Guidelines Restrict Short-term Equity Investment in Solar Projects

In an amendment to the competitive bidding guidelines for procuring power from grid-connected solar photovoltaic (PV) projects, issued by the Ministry of New and...

November 22, 2019

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shaurya

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Mercom Research Focus

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Other
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Andhra Pradesh Amends its Solar, Wind and Hybrid Policy – Pulls Back Incentives

The government of Andhra Pradesh has issued a notification amending the state’s policy for wind, solar, and wind-solar hybrid projects, taking away some vital incentives...

November 20, 2019

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shaurya

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Markets & Policy

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Solar
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Tariff Adoption Delays are Hurting Investments and Jobs in the Solar Sector

According to Section 63 of the Electricity Act 2003, authorities such as the state electricity regulatory commissions (SERCs) are expected to adopt tariffs that have...

November 15, 2019

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shaurya

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Mercom Research Focus

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Other
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No ISTS Charges for Solar and Wind Projects Commissioned by December 2022

The Ministry of Power (MoP) has announced that interstate transmission system (ISTS) charges and losses on the transmission of electricity generated from solar and wind...

November 15, 2019

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shaurya

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Markets & Policy

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Solar
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Solar Power Generation Dipped in the Third Quarter of 2019 By Nearly 14%

Solar power generation numbers declined by 14% quarter over quarter (QoQ) in the third (Q3) quarter of 2019. Solar power generation in India stood at 10,530 million...

November 14, 2019

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shaurya

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Mercom Research Focus

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Other
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Solar Now Accounts for 9.2% of India’s Total Installed Power Capacity

In the quarter ending September 2019, India’s total renewable energy capacity (including large hydro) stood at 130.68 GW. This translates into approximately 35.7% of the...

November 8, 2019

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shaurya

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Markets & Policy

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Solar
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Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Over the past year and a half, the government has launched several policy measures to support the domestic solar manufacturing industry — these range from the imposition...

November 7, 2019

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shaurya

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Mercom Research Focus

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Other

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