India added 351MW of solar capacity in Q2 2020. Power Minister proposed RPO for round the clock renewable power.
Peak power demand declines again to 5.65% in August. India to reduce dependence on thermal power to 50% by FY22.
A degree of rise in heat index resulted in 187MW increase in power demand. Rs 68k cr of loans disbursed under DISCOMs liquidity package.
Solar sector imports down 83%. Govt extends ISTS waiver for renewable projects until June 2023. DISCOM’s outstanding dues to gencos rise 47% in June.
Safeguard duty on Chinese solar panels extended for another year. Renewable energy certificate sales down 50% to 3.49 lac in June.