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Home2017September

Month: September 2017

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Projects

JNU installs 100 kW of rooftop solar capacity

September 23, 2017

The Jawaharlal Nehru University (JNU) has installed 100 kW of grid-connected rooftop solar capacity on its premises. This comprises two plants of 50 kW each installed at the administration building and the School of Social […]

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Projects

SPPU to fund 200 colleges for setting up rooftop solar

September 23, 2017

The Savitribai Phule Pune University (SPPU) has shortlisted 200 out of the 700 applicant colleges affiliated to the university for installing rooftop solar plants. SPPU will provide a maximum of Rs 0.5 million to each […]

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Projects

NIOT proposes offshore wind farm locations

September 23, 2017

Scientists at the National Institute of Ocean Technology have identified Kanyakumari and Rameswaram off the Tamil Nadu coast as the two most suitable sites for setting up offshore wind projects. According to the institute’s estimates, […]

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Projects

A 15 MW solar power plant to be commissioned at Kolkata airport

September 23, 2017

A 15 MW solar power plant, having a project cost of Rs 8.8 million, is under trial at Kolkata airport. It will be connected to the Calcutta Electric Supply Corporation grid through the net metering […]

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Projects

Inox Wind to develop Adani’s 100 MW wind power project

September 23, 2017

Inox Wind is planning to develop a 100 MW wind power project for Adani Green Energy, a part of the Adani Group, in Kutch, Gujarat, over a period of six to nine months. Under the […]

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Projects

Rays Power commissions 9 MW solar project in Karnataka

September 23, 2017

Solar project developer Rays Power Infra has commissioned a 9 MW solar power project in Tumkur district, Karnataka. It is a part of the Karnataka Farmers Solar Programme and has been executed on a turnkey […]

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Projects

MoRTH launches first batch of E-rickshaws in Gurugram

September 23, 2017

The Ministry of Road Transport and Highways (MoRTH) has launched the first batch of 1,000 e-rickshaws from the Huda City Centre metro station in Gurugram. The e-rickshaws will be operated by Treasure Vase Ventures Private […]

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Projects

80 MW solar project commissioned at Charanka Solar Park

September 23, 2017

Vikram Solar has commissioned two projects of 40 MW each at the Charanka Solar Park for Gujarat Industries Power Company Limited. These projects have been developed under the Gujarat Solar Park Projects, National Solar Mission […]

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Projects

Ujaas Energy won contracts to develop over 22 MW of rooftop solar in India

September 23, 2017

Ujaas Energy Limited has been awarded 22.03 MW of grid-connected rooftop solar capacity across India through three different tenders. Of the total capacity, 20.03 MW was awarded by SECI to be developed on government buildings […]

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Projects

Small tenders of around 26.9 MW announced in India

September 23, 2017

Small tenders of 26.9 MW have been announced in India. Of this, 18.78 MW of grid-connected rooftop solar has been tendered by SME Technology Services Limited on behalf of Jawahar Navodaya Vidyalaya to be developed […]

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Projects

Azure Power set to install 50 MW of rooftop solar on government buildings

September 23, 2017

Azure Power has signed a contract with SECI to develop 50 MW of rooftop solar power capacity on government buildings and institutions across 10 states and union territories. The power will be sold at a […]

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Financings

IFC to provide $150 million loan to ACME Jaipur Solar Power Private Limited for 250 MW solar project in Rewa

September 23, 2017

The International Finance Corporation (IFC) has approved a $150 million loan to ACME Jaipur Solar Power Private Limited, a wholly owned subsidiary of ACME Solar, to develop a 250 MW solar project at the Rewa […]

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Financings

IFC to provide $150 million loan to Arisun Clean Energy for Rewa project

September 23, 2017

IFC has also granted $150 million loan to Arinsun Clean Energy, a subsidiary of Solenergi Power Private Limited, for the development of its 250 MW solar project at the Rewa solar park in Madhya Pradesh. […]

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Financings

ReNew Power Ventures raises $50 million

September 23, 2017

ReNew Power Ventures has raised $50 million from YES Bank to refinance the debt of the Amba wind power project in Madhya Pradesh. YES Bank will exclusively arrange for funds through the issue of NCD. […]

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Financings

IEX to launch IPO by December 2017

September 23, 2017

The IEX is planning to offer its initial public offering (IPO) by December 2017, making it the first energy exchange to be listed in the country. It has already received approval from the capital market […]

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Financings

REC provides Rs 130 billion loan to MAHAGENCO

September 23, 2017

The Rural Electrification Corporation Limited has sanctioned Rs 130 billion as loan to MAHAGENCO. The loan is not restricted to renewable energy projects and can also be utilised to set up thermal power plants as […]

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Financings

Sembcorp acquires remaining stake in Sembcorp Green Infra for $220.2 million from IDFC

September 23, 2017

Sembcorp Industries has entered into an agreement to acquire the remaining 28 per cent stake in Sembcorp Green Infra (SGI), a wind and solar project developer, from IDFC Private Equity Fund III, at $220.2 million. […]

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Financings

Mytrah Energy has raised Rs 18 billion from Piramal Group’s financial services

September 23, 2017

Hyderabad-based renewable power producer Mytrah Energy has raised Rs 18 billion from Piramal Group’s financial services companies. The funds are being invested in the form of non-convertible debentures with a tenor of seven years in […]

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Regulations

KERC sets benchmark tariff for wind projects

September 23, 2017

The Karnataka Electricity Regulatory Commission (KERC) has fixed a generic tariff of Rs 3.74 per kWh for wind projects in the state, which will be applicable from March 31, 2018. KERC has proposed a debt-equity […]

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Regulations

Andhra Pradesh levies deviation charges for under production of solar and wind power

September 23, 2017

The Andhra Pradesh Electricity Regulatory Commission has notified its forecasting, scheduling and deviation settlement regulations for solar and wind power projects with effect from August 21, 2017. The state load despatch centre (SLDC) has to […]

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