Energetica India nº91 July August 2020

NTPC Issues EPC Tender to Develop 1,070 MW Solar Project in Rajasthan NTPC has issued tender inviting bids from qualified firms for taking up the En - gineering, Procurement and Construc- tion (EPC) work along with land for the development of up to 1070 MW of solar PV power projects in Rajasthan. The scope of work for the selected bid- ders will include design, engineering, manufacturing, supply, packing and for- warding, transportation, unloading, stor- age, installation and commissioning of grid-connected solar PV projects locat- ed anywhere in Rajasthan on a turnkey basis. The developers will also be required to provide comprehensive operation & maintenance of the complete solar PV plant including switchyard and power evacuation system till STU substation along with consumables and spare parts for a period of 3 years from the date of successful completion of a trial run. The individual projects awarded under the tender will be of a minimum of 50 MW or higher capacity in multiples on 10 MW. The last date for bid submission is Sep- tember 17, 2020, and the techno-com- mercial bids will be opened on the same date. The date and time of opening of the price bids and the start of the reverse auction will be intimated separately by NTPC to the technically cleared bidders. Financially, the average annual turnover of the bidder, should not be less than Rs 210 crore during the preceding three fi - nancial years as on date of techno-com- mercial bid opening. And the Net Worth of the bidder as on the last day of the preceding financial year should not be less than 100 percent of bidder’s paid- up share capital. India’s Solar, Wind Share Jumps in 5 Yrs: Report India’s share of electricity generation from solar and wind en- ergy sources grew from 3 per cent of the total generation in 2015 to 10 per cent in the first half of 2020 and at the same time its share of coal generation fell from 77 per cent to 68 per cent, said Ember in its report. The UK environmental group’s Ember in its report analyzed that, for the first time, the world’s dirtiest fossil fuel coal ran at less than half of its capacity this year. The report is a half-year analysis of the global electricity tran- sition, analysing 48 countries that represent 83 per cent of global electricity. Ember, which is focused on coal to clean energy policy, said that wind and solar reached a record-high market share of 10 per cent of global electricity in H1 of 2020, up by 14 per cent compared to the same period last year de- spite a 3 per cent drop in demand globally due to the impact of corona virus. Speaking on the report, Dave Jones, senior electricity analyst at Ember, said that, “countries are now on the same path -- building wind turbines and solar panels to replace electricity from coal and gas-fired power plants.” He further added “but to keep a chance of limiting climate change to 1.5 degrees, coal generation needs to fall by 13 per cent every year this decade. The fact that, during a global pandemic, coal generation has still only fallen by eight per cent shows just how far off-track we still are. We have the solu- tion, it’s working, it’s just not happening fast enough.” 12 energetica INDIA- July-Aug_2020 NEWS NATIONAL PTC India PAT up 7% to Rs 100 Cr in Q1 Power trading solutions provider PTC India has reported an increase of nearly 7 per cent in its consolidated net profit af - ter Tax (PAT) at Rs 100.06 crore for the first quarter of FY21, mainly on account of reduced expenses. In an exchange filing, PTC India said that it’s net prof- it stood at Rs 93.26 crore during the same period a year ago. Significantly, the total expenses of PTC India reduced to Rs 4,499.51 crore, during the quarter under review, from Rs 5,275.07 crore earlier. However, total income of the company dropped to Rs 4,641.28 crore in Q1, as compared to Rs 5,414.99 crore in the year-ago period. In a separate statement, Deepak Amitabh, CMD of PTC India, said that “while the demand for traded electricity was impacted initially, the gradual restoration of economic activity has seen a revival of demand to levels comparable to the corresponding period last year.” “Positive results of structural initiatives taken by government of India in the wake of COVID -19 are now visible, and we remain cautiously optimistic,” he added.