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Home2020December

Month: December 2020

Financings

Bharat Forge invests Rs 28.7 million in AvaadaSatraMH

December 31, 2020

A Pune-based multinational infrastructure company, Bharat Forge has made an equity investment ofRs28.7 million inAvaada Renewable’s special purpose vehicle (SPV)AvaadaSataraMH (ASPL). This amount has been invested against purchase of solar power from Avaada as a […]

Financings

AMP Capital and Sterlite Power partner to improve transmission infrastructure in India

December 31, 2020

A 50:50 partnership has been announced by Australia-based investment manager AMP Capital, with Sterlite Power, a power transmission infrastructure developer in India. Both companies will invest $150 million each to develop four transmission projects in […]

Projects

Coal India Limited to set up an integrated solar wafer manufacturing facility

December 31, 2020

Coal India Limited (CIL) announced that it has approved the creation of a special purpose vehicle to set up an integrated solar wafer manufacturing facility in India. Additionally, a CIL subsidiary, Central Coalfields Limited (CCL) […]

Projects

Andhra Pradesh invites bids for 1 MW of solar projects at Srikalahasti temple

December 31, 2020

The New and Renewable Energy Development Corporation of Andhra Pradesh has issued a tender for the development of a 1 MW grid-connected solar project at the Srikalahastitemple in the Chittoor district of Andhra Pradesh. As […]

Projects

Adani Green Energy subsidiary commissions 100 MW solar project in Kutch

December 31, 2020

The Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has announced the commissioningof its 100 MW solar power project in Khirsara in Kutch, Gujarat. The project has […]

Regulations

Ministry of Power mandates gross metering for rooftop solar systems greater than 10 kW

December 31, 2020

The Ministry of Power (MoP) has issued The Electricity (Rights of Consumers) Rules, 2020 which specifiesthe rights of power for consumers to receive minimum standards of quality. In addition to covering the rights of the […]

Projects

SECI invites bids for 20 MW solar project with energy storage

December 31, 2020

The Solar Energy Corporation of India (SECI) has invited bids for the development of a 20 MW solar power project with a 50 MWh battery energy storage system. The project will be installedin Phyang in […]

Policies and Programmes

Gujarat announces new solar policy with incentives for residential, commercial, and industrial developers

December 31, 2020

The Gujarat government has announced its new ‘Gujarat Solar Power Policy 2021′ which lays down incentives for residential, commercial, and industrial solar developers. Under the policy, third-party projects will be eligible to sell power to […]

Financings

Assam secures $231 million funding for hydropower project from ADB

December 24, 2020

The Asian Development Bank (ADB) has approved a loan of $231 million for the development of the Lower Kopili Hydroelectric power project in Assam. The project is located in the Kopili river and will have […]

Projects

GEDA floats tender for the development of a biomass briquetting plant

December 24, 2020

The Goa Energy Development Agency (GEDA) has floated a tender to invited developers to set up a biomass briquetting project with a processing capacity of 2,000 kg per hour. The project will be located at […]

Projects

SECI’s 1.2 GW wind-solar hybrid tender results declared with tariff of Rs 2.41 per kWh

December 24, 2020

SECI has allocated 1.2 GW of wind-solar hybrid capacities among four renewable energy developers under Tranche III of the interstate transmission system (ISTS).  ABC Renewable Energy was awarded 380 MW of projects, Adani Renewable Energy […]

Projects

GUVNL’s 500 MW solar auction sets record low tariff of Rs 1.99 per kWh

December 24, 2020

The Gujarat Urja Vikas Nigam Limited’s auction for 500 MW (Phase XI) of solar capacity has set a record with the lowest tariff being quoted at Rs 1.99 per kWh. The figure was quoted by […]

Projects

SECI invites bids for developing 1.2 GW of ISTS-connected wind power projects

December 24, 2020

The Solar Energy Corporation of India (SECI) has invited bids for the development of 1.2 GW of interstate transmission system (ISTS) connected wind power projects (Tranche X) in India. The projects are to be set […]

Regulations

Maharashtra issues order to allow discoms to float open tenders under the state’s solar programme

December 24, 2020

The Maharashtra Electricity Regulatory Commission (MERC) has issued an order which will allow the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to float open tenders through a continuous bidding process for solar projects under the […]

Regulations

MNRE directs state-owned renewable energy agencies to relax security deposit requirements

December 24, 2020

The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI), NTPC, NHPC, and other state-owned organizations to reduce renewable energy contracts’ performance security deposit from 5-10 per cent […]

Policies and Programmes

AVVNL invites bids to solarise 29 agricultural feeders under the PM-KUSUM scheme

December 24, 2020

Ajmer Vidyut Vitran Nigam Limited (AVVNL) has floated a tender for the development of distributed grid-connected solar systems under component C of the Pradhan Mantri KisanUrja Suraksha evemUtthanMahabhiyan (PM KUSUM) program. As per the tender […]

No Picture
Company Release

Renesola to Enter in Solar Rooftop Projects in China & South Asia Under New Brand “Eversola”

December 24, 2020

On December 17, ReneSola, a world reputed Solar PV Module manufacturer announced that they have decided to enter into Solar PV rooftop markets in China & other south Asian countries. This targeted project business will […]

No Picture
Company Release

A New Benchmark for Energy Storage Market!

December 24, 2020

SOFARSOLAR Inverters First Obtaining BIS (String +Hybrid) and Completing Market Layout in India BIS (R-41156892) ONGRID +HYBRID Inverter India’s energy storage market, largest around South Asia, is presenting a very active trend driven by the […]

No Picture
Company Release

Renewable energy platform Ayana hits $721 million in funding as CDC, NIIF and GGEF agree to inject further capital

December 22, 2020

The fresh capital will boost India’s clean energy generation to help combat climate change. This will help to ensure clean energy reaches states across India. It reiterates the UK and India’s partnership for the UN […]

No Picture
Company Release

Amp Energy India unveils the largest distributed generation RE project in Eastern India

December 18, 2020

This is the largest behind-the-meter project in Eastern India This project is a repeat order from Tata Hitachi and is an expansion of the existing solar plant New Delhi, 18th Dec 2020: Tata Hitachi, a […]

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