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Home2017

Year: 2017

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Financings

Hero Future Energies gets an investment of $125 million from IFC

January 1, 2017

Hero Future Energies has raised $125 million in equity infusion from the International Finance Corporation (IFC), the private sector investment arm of the World Bank, and the IFC Global Infrastructure Fund. The proceeds from the […]

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Projects

Gujarat government signs MoU for India’s first offshore wind farm

January 1, 2017

The Gujarat government has reportedly signed an MoU with Samiran Udaipur Windfarms for setting up the country’s first offshore wind farm. The 500 MW project, estimated to cost Rs 65 billion, will come up in […]

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Projects

Azure Power commissions first phase of 14 MW solar project for DMRC

January 1, 2017

Azure Power has completed the first phase of its 14 MW project for the Delhi Metro Rail Corporation (DMRC). As part of Phase I, Azure has commissioned a rooftop solar plant at the Sultanpur station. […]

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Projects

NIWE and J&K government identify first wind power site in Reasi

January 1, 2017

The Jammu & Kashmir government, along with the National Institute of Wind Energy, has identified a site for developing the state’s first wind power project in Reasi district. In the first phase, the Jammu and […]

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Projects

AMP Solar acquires 49% stake in Suzlon’s SPV for 15 MW solar project in Telangana

January 1, 2017

Suzlon has partnered with AMP Solar for developing a 15 MW solar power project at Achampet in Mahabobnagar, Telangana. According to the contract, AMP Solar will acquire 49 per cent stake in Rudra Solarfarms Limited, […]

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Projects

ABB-led consortium receives orders worth Rs 57 billion from Powergrid

January 1, 2017

ABB, along with its consortium partner BHEL, has secured orders worth Rs 57 billion from Powergrid to construct a transmission link from Rajgarh, Madhya Pradesh to Pugalur, Tamil Nadu. The project involves the construction of […]

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Projects

BHEL bags orders worth Rs 960 million from Powergrid for 3 EHV substations in Karnataka

January 1, 2017

Bharat Heavy Electricals Limited (BHEL) has received orders worth Rs 960 million from Powergrid for augmenting three extra high voltage substations in Karnataka on a turnkey basis. As per the contract, BHEL will augment the […]

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Projects

REC and IIT-M sign MoU for setting up of 2 MW solar power plant

January 1, 2017

The Rural Electrification Corporation (REC) and Indian Institute of Technology (IIT), Madras have signed an MoU for setting up a 2 MW rooftop solar power plant on the institute’s premises. As per the agreement, REC […]

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Projects

HAL commissions 3.5 MW of solar project worth Rs 250 million at Bengaluru Airport

January 1, 2017

Hindustan Aeronautics Limited (HAL) has commissioned a 3.5 MW solar energy project at its airport facility in Bengaluru. The project was executed by Amplus Solar, entailed an investment of Rs 250 million and is spread […]

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Projects

Rashtriya Ispat commissions 5 MW solar plant at Vishakhapatnam

January 1, 2017

Rashtriya Ispat Nigam Limited has commissioned a 5 MW solar power plant at Visakhapatnam, Andhra Pradesh. The plant entailed an investment of Rs 330 million and will be used for meeting the company’s power demand.

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Projects

Hartek Power executed 270 MW of solar projects during April-December 2016

January 1, 2017

Chandigarh-based Hartek Power has connected 270 MW of solar power projects to the grid during April-December 2016 on and engineering, procurement and construction basis. These include a 150 MW project in Muktsar, Punjab, a 70 […]

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Projects

Suzlon receives order for supply of 105 MW of wind turbines by Axis Energy in Anantapur

January 1, 2017

Suzlon has received an order from Hyderabad-based Axis Energy to supply and install 105 MW of wind turbines at a project site being developed by the latter. The project is located in Anantapur district of […]

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Projects

Suzlon bags orders for 226.8 MW of wind turbines in Anantpur

January 1, 2017

The Suzlon Group has secured orders from a leading independent power producer to supply and install 226.8 MW of wind turbines in Anantapur, Andhra Pradesh. As per the contract, Suzlon will supply 108 units of […]

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Projects

TPREL commissions a 36 MW wind farm and a 49 MW solar power project

January 1, 2017

Tata Power Renewable Energy Limited (TPREL) has commissioned a 36 MW wind power project in Nimbagallu, Andhra Pradesh, and a 49 MW solar power project in Kathayar, Tamil Nadu. While the wind power project is […]

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Projects

Azure Power commissions projects worth 150 MW in Punjab

January 1, 2017

Azure Power has commissioned three solar power projects with a cumulative capacity of 150 MW in Punjab. The company had won these projects under Punjab’s Solar Power Policy Phase III. Spread across 713 acres, the […]

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Projects

NLC releases tender for 250 MW solar PV projects in Odisha

January 1, 2017

NLC India has invited applications from global companies to set up 250 MW solar photovoltaic power projects in Odisha. According to the tender document, the company wants to set up not more than five projects, […]

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Projects

Results of SECI’s 100 MW PV tender in Ananthapuramu solar park declared

January 1, 2017

The SECI has declared the results of its 100 MW solar photovoltaic  (pv) tender for Andhra Pradesh. Adani Power and Azure Power have won 50 MW of capacity each in the auction for projects to […]

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Policies and Programmes

VGF benefit likely to be extended to wind power segment

January 1, 2017

The government is likely to announce a viability gap funding (VGF) mechanism to help power distribution companies procure wind power. This comes after the government announced a reduction in the AD benefit for wind power […]

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Policies and Programmes

Powergrid estimates an investment of Rs 127 billion for 34 solar parks in new report

January 1, 2017

Power Grid Corporation of India Limited (powergrid) has released a new report that states the investment requirement for developing transmission facilities for the upcoming solar parks in the country. As per the report, Green Energy […]

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Policies and Programmes

SECI’s 1,000 MW wind tender oversubscribed by 2.6 times

January 1, 2017

In the 1,000 MW wind power tender floated by the Solar Energy Corporation of India (SECI), bids totalling 2,600 MW have been received by the agency. Companies such as Adani Power, Hero Future Energies, ReNew […]

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