Renew Power Limited has received additional debt financing of about Rs 24,914.93 million from the Overseas Private Investment Corporation (OPIC) for construction of new wind and solar power plants in India. The development follows an […]
A total of 13 companies have submitted bids for development of grid-connected solar PV power projects with a combined capacity of 750 MW across Rajasthan. These include Palimarwar Solar Project Private Limited (LNB Group) (40 […]
A total of seven companies have won bids for the development of the 500 MW solar park project (Phase IV) in Gujarat. These are UPC Solar, Gujarat State Electricity Corporation Limited (GSECL), Adani Green Energy […]
Andhra Pradesh Southern Power Distribution Company Limited (APSDCL) has invited Request for Selection bids for the development of grid-connected roof top solar PV projects with a combined capacity of 12 MW. The rooftop systems will […]
Uttarakhand Jal Vidyut Nigam Limited (UJVNL) has invited Request for Quotation-cum-Request for Proposal bids for the development of 5 MW small hydro electric project (HEP) in Pokhar, Uttarakhand. The scope of work includes financing, designing, […]
Bharat Heavy Electricals Limited (BHEL) has invited bids for procurement of 5,005 metric tons of module mounting structures for development of solar PV projects with a combined capacity of 129 MW. The project is being […]
The Solar Energy Corporation of India Limited (SECI) has invited bids for the development of floating solar photovoltaic (PV) projects with a combined capacity of 20 MW along with battery energy storage systems (BESS) of […]
A total of four companies have won the bids for developing 1,000 MW of grid-connected solar power projects in Maharashtra. These are Shiv solar Private Limited, ACME Solar Holdings Limited, ReNew Solar Power Private Limited […]
The Cabinet Committee on Economic Affairs (CCEA) has approved Phase II of the grid-connected rooftop solar programme. The programme is being implemented with a total central financial support of Rs 118.14 billion. Under the Phase […]
CCEA has approved the Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme for harnessing solar power in rural areas. The scope of work under the scheme involves- Installation of grid-connected solar power plants with a […]
Following the development of photovoltaic technology, the speed of grid parity has been increasingly accelerating, and we have been pushed into what is so-called the “era of high-efficiency”. GoodWe is launching its newest products, the […]
Most states in India have significantly higher tariffs for commercial and industrial (C&I) consumers as compared to residential and public sector consumers. However, with solar power surpassing grid parity in recent years, C&I consumers have […]
The government has allocated funds worth Rs 52.54 billion to MNRE in the Union Budget 2019-20. The total outlay for the central sector schemes under the budget is Rs 51.31 billion. The central government has […]
The Tamil Nadu Energy Development Agency has issued the Solar Energy Policy, 2019. The policy targets 9 GW of installed solar PV capacity in Tamil Nadu by 2023. it also aims to produce 40 per […]
MNRE has issued draft offshore wind energy lease rules, which are aimed at increasing activity in the offshore wind segment. According to the draft lease rules, no project development activity or site survey for calculating […]
The Haryana Electricity Regulatory Commission (HERC) has approved signing of power purchase agreements (PPAs) for 49.8 MW of bagasse-based cogeneration power projects. Earlier, the Haryana Power Purchase Centre (HPPC) had petitioned to the HERC requesting […]
HERC has approved signing of PPAs for 23 MW solar power projects at a tariff of Rs 5.68 per kWh without accelerated depreciation. It was done after the HPPC passed a petition to seek approval […]
Solar Energy Corporation of India Limited (SECI) has invited Request for Selection (RfS) bids for the 1,200 MW Interstate Transmission System (ISTS)-connected solar power projects (Tranche III). According to the tender guidelines, SECI will sign […]
Four wind project developers – Ostro Energy (300 MW), Adani Renewables (250 MW), Srijan Energy Systems (150 MW) and Powerica Limited (50.6 MW) – have quoted the lowest tariff of Rs 2.82 per kWh in […]
The Ministry of New and Renewable Energy (MNRE) has reduced the commissioning and financial closure timelines of solar power projects in an effort to facilitate the timely achievement of the country’s target of 100 GW […]
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