SECI’s 1.2 GW Wind Auction Sees Lowest Tariff of ₹2.82/kWh
Four wind project developers- Ostro Energy (300 MW), Adani Renewables (250 MW), Srijan Energy Systems (150 MW), and Powerica Limited (50.60 MW), have quoted the lowest tariff of ₹2.82 (~$0.040)/kWh ...
SECI’s 1.2 GW Wind Tender Garners Huge Response, Oversubscribed by 1,125 MW
The recent wind tender issued by the Solar Energy Corporation of India (SECI) for 1,200 MW of projects have been oversubscribed by 1,125 MW. These ISTS-connected wind projects were issued ...
Siemens Gamesa and Inox Wind Bag Massive Orders in India
Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. And of late, ...
India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA
India will need an investment to the tune of $60-80 billion over the next five years in grid infrastructure to accommodate its tremendous growth in renewable energy capacity, said a ...
India’s First Mega Solar-Wind Hybrid Auction Sees Lowest Tariff of ₹2.67/kWh
In the first mega solar-wind hybrid auction conducted in the country by the Solar Energy Corporation of India (SECI), a tariff of ₹2.67 (~$0.03794)/kWh emerged as the lowest (L1) one ...
Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction
The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
Adani Green Acquires AGEPteL to Foray into International Renewable Business
Adani Green Energy, a leading renewable energy project developer in the country, incorporated a wholly-owned subsidiary company Adani Wind Energy (GJ) Limited (AWEGL) on August 21, 2018, according to a ...
Buoyed by Expansive Solar Portfolio, Adani Green’s Revenue Up by 148 percent in Q1 FY19
Adani Green Energy Limited, a leading renewable energy project developer in the country, has announced its consolidated results for the first quarter for FY 2019, ending June 30, 2018. Total ...
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green
India’s leading renewable energy project developer, Adani Green Energy Limited, has announced that the Solar Energy Corporation of India (SECI) has annulled a recent 300 MW worth of solar tender ...
Uttar Pradesh’s 1,000 MW Solar Auction Takes L1 Tariff Up to ₹3.48/kWh
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) auctioned 1,000 MW of solar photovoltaic (PV) projects in which ₹3.48 (~$0.050)/kWh emerged as the lowest (L1) tariff quoted by ...
SECI’s 2 GW Wind Tender Receives Damp Response, Undersubscribed by 800 MW
The Solar Energy Corporation of India (SECI)’s 2 GW Tranche-V wind tender has been undersubscribed by 800 MW. The shortage of connectivity infrastructure across the country seems to have taken ...
ACME, Shapoorji, Hero, Mahindra, Azure & Adani Win SECI’s 2 GW Solar Auction
ACME Solar, Shapoorji Pallonji, Hero Solar, Mahindra Susten, Mahoba Solar (Adani), and Azure Power have emerged as the winners in the recently conducted auction by the Solar Energy Corporation of ...
Greenko and Adani Named Top Solar Project Developers in India in 2017
Solar installations in 2017 came to 9,629 MW, more than double the 4,313 MW installed in 2016, making 2017 the best year for solar installations in India, according to Mercom ...
2017 India Solar Market Share Leaders Revealed After a Record Year
India emerged as the third largest solar market in the world behind China and the United States after a record 9.6 GW of solar installations in 2017 - more than ...
600 MW of Solar Projects Synchronized to the Grid at Karnataka’s Pavagada Park
Solar projects aggregating 600 MW have been grid-synchronized at the Pavagada Solar Park in Karnataka’s Tumkur district so far, bringing the park one step closer to reaching its full planned ...
Growth of Jharkhand’s Solar Sector Hobbled by State Inaction
The progress of Jharkhand’s solar sector is being severely hobbled by inaction and delays on the part of the state’s implementing and nodal agencies. The issue is apparent in the ...
In-Depth Report: Development Status of 2 GW Pavagada Solar Park and Projects
Mercom recently visited the Pavagada Solar Park, and gained valuable insight into the nuances and challenges of park development. When complete, Pavagada will be the largest solar park in the ...
Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year
The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...
Wind Becomes Competitive with Solar as Tariff Drops to a Record Low ₹2.64/kWh
In India, wind power tariff has dropped below ₹3/kWh for the first time with the lowest winning bid of ₹2.64 (~$0.0413)/kWh quoted in the second 1 GW wind auction conducted ...
Tata Power and Adani Top the List of India Solar Project Developers
As utility-scale solar in India takes off, two large power conglomerates – Tata Power and Adani – are leading project development activity. Cumulative large-scale solar installations reached ~13.6 GW in ...
NTPC Tenders 241 MW of Solar Under DCR Category
The National Thermal Power Corporation (NTPC) has tendered another 241 MW of solar in three separate projects under the domestic content requirement (DCR) category to be developed across the states ...
Breaking: Entire 1 GW Kurnool Solar Park to be Grid-Synchronized Tomorrow
The 1 GW Kurnool Solar Park in Andhra Pradesh will be commissioned on July 13, 2017. With the commissioning of Adani’s awarded capacity of 50 MW, the entire proposed 1 ...
TNERC Rejects Petition from the Adani Group
The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected petitions from three Adani subsidiaries regarding implementation of must-run status of solar projects in Tamil Nadu. Kamuthi Renewable Energy, Ramnad Solar ...
World’s Largest Solar Park in Kurnool on the Cusp of Completion
The Kurnool Ultra Mega Solar Park of 1,000 MW capacity is on the cusp of completion. The 1 GW Kurnool Ultra Mega Solar park will replace the 648 MW Kamuthi ...
Adani Commissions 50 MW of Grid-Connected Solar in Uttar Pradesh
Adani has commissioned 50 MW of solar projects in Mahoba in Uttar Pradesh. The projects were developed under the Jawaharlal Nehru National Solar Mission (JNNSM). The project was developed with ...
