project-cost

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Government Announces 25% of Project Cost as Incentive for Critical Mineral Exploration

In a bid to enhance the exploration of critical minerals within the country, the government of India has announced a 25% incentive on the approved project cost for...

September 13, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Average Cost of Large-Scale Solar Projects Up 7.3% YoY in 2022

The average cost of large-scale solar projects in the fourth quarter (Q4) of the calendar year (CY) 2022  increased by 7.3%, year-over-year (YoY), according to Mercom...

February 28, 2023

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Arjun Joshi

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Mercom Research Focus

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Solar
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Average Cost of Large-Scale Solar Projects Up 8% Year-over-Year

The average cost of large-scale solar projects in the third quarter (Q3) of the calendar year (CY) 2022 was ₹45.6 million (~$559,866)/MW, a year-over-year (YoY) increase...

November 28, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Average Cost of Large-Scale Solar Projects Up 18% Year-over-Year

The average cost of large-scale solar projects in the second quarter (Q2) of the calendar year (CY) 2022 was ₹45.4 million (~$568,536)/MW, according to Mercom’s...

August 29, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Average Cost of Large-Scale Solar Projects up 19% Year-over-Year

The average cost of large-scale solar projects in the first quarter (Q1) of the calendar year (CY) 2022 was approximately ₹43.5 million (~$560,512)/MW, according to...

May 27, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Azure Likely to Get Compensated for Increase in Solar Project Cost Due to Levy of Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Azure Power in two cases in which it had requested the commission to consider the levy of...

April 24, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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RBI’s New Policy on ECBs Could Leave Renewable Energy Projects Stranded

The National Solar Energy Federation of India (NSEFI) has written a letter to the Prime Minister’s Office (PMO) regarding the new External Commercial Borrowings (ECB)...

January 21, 2019

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Nitin Kabeer

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Markets & Policy

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Solar
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DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to...

January 31, 2018

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Saumy Prateek

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Mercom Research Focus

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Other

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