The Economic Times

Despite friendly policies and net metering guidelines in several states and a subsidy of 30 per cent offered by the Ministry of New and Renewable Energy (MNRE), the installation of solar rooftop systems has been dismal in leading metros in the country, especially in Chennai and Mumbai, according to the study.

The Financial Express

Assuming the equipment mix for wind projects remains the same after GST (30% imported, 30% intra-state and 4O% inter-state), tax rates would inch up to 5% from the current rates of 3-4%. Local VAT rates would also play a role.

DNA

The advent of competitive bidding in wind power would change the market landscape and lead to a sharp reduction in tariffs, put pressure on returns across the value chain, and lead to consolidation of the market towards independent power producers, said

The Hindu Business Line

After two years of oversupply, coal is in short supply at Indian power plants in May. According to the Central Electricity Authority (CEA), as on May 22, the average coal stock at the 113 power stations that receive domestic supplies is down to 12 days.

The Economic Times

All 12 major domestic ports will soon switch to renewable energy to meet their entire power requirements, making India the first country to have all government-owned ports running on solar and wind energy. The government plans to install almost 200 megawatt solar and wind power generation capacity at the ports by 2019, officials said.

Business Standard

The last solar auction of May 2017 will be remembered for a discovered tariff of Rs 2.44 per unit, which decisively breached the price line for coal power in India (see “NTPC’s average coal-based power cost”). The fact that solar power is clean, cheap and quicker to build than coal power is yet to be digested by the policymakers, though.