Adani Acquires Transmission Project Linked to Renewable Power Generation in Gujarat
Ahmedabad-based Adani Transmission Limited (ATL), has signed a share purchase agreement and completed the acquisition of the WRSS XXI Transco Limited (WRSSTL) from REC Transmission Projects Company. WRSSTL is a ...
Adani Green Raises $362.5 Million Through Issuance of Green Bonds
Adani Green Energy Limited (AGEL) has announced that its subsidiaries, Adani Renewable Energy Limited, Wardha Solar (Maharashtra), and Kodangal Solar Parks Private Limited, have approved the issuance of dollar-denominated 20-year ...
Urja Global to Issue Green Bonds of up to $500 Million to Finance Renewable Projects & EVs
Urja Global Limited has announced that it has received the approval to raise green bonds of up to $500 million (₹35.64 billion) to finance renewable projects and electric vehicles (EVs) ...
Tata, Hild, Refex & Adani to Develop 769 MW of Solar Capacity for NTPC
Last week, in Solar Energy Corporation of India’s (SECI) 2 GW CPSU solar tender which auctioned 922.4 MW with viability gap funding (VGF) option, the National Thermal Power Corporation (NTPC) ...
Adani Acquires Transmission Project in Rajasthan Solar Zone from PFC Consulting
Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of the special purpose vehicle of Bikaner-Khetri Transmission Limited (BKTL), incorporated by PFC Consulting Ltd. ATL ...
Adani Green Records 40% Revenue Increase As New Renewable Projects Begin Generation
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its financial report for the first quarter (Q1) of the financial year (FY) 2020, ending June ...
Adani Floats Tender for 350 MW of Hybrid Wind-Solar Projects to Meet its RPO
Adani Electricity Mumbai Limited (AEML) has issued a Request for Selection (RfS) for establishing 350 MW of grid-connected wind-solar hybrid power projects. An additional 350 MW capacity has been tendered ...
New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its operational and financial performance for the financial year (FY) 2019 and the fourth quarter ending ...
Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI’s 1.2 GW Solar-Wind Hybrid Auction
Adani Green Energy emerged as the lowest (L1) bidder in the auction conducted by the Solar Energy Corporation of India Ltd. (SECI) for 1,200 MW of ISTS-connected solar-wind hybrid power ...
ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018
In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction
The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
SECI’s Solar-Wind Hybrid Tender for 1.2 GW of Projects Left Undersubscribed by 300 MW
The tender issued by Solar Energy Corporation of India Ltd. (SECI) to set up 1,200 MW of ISTS-connected solar-wind hybrid power projects (tranche-II) has been undersubscribed by 300 MW. According ...
Adani Green Commissions a 50 MW Solar Project in Uttar Pradesh
Adani Green Energy (UP) Limited, a wholly-owned subsidiary of Adani Green Energy Limited, has commissioned a 50 MW solar PV power project in the state of Uttar Pradesh. The off-taker ...
Lowest Tariff of ₹2.80/kWh Wins Gujarat’s 1,000 MW Wind Auction
Lowest tariff of ₹2.80 (~$0.0399)/kWh has emerged as the winner in Gujarat Urja Vikas Nigam Limited (GUVNL)’s auction for 1,000 MW of grid-connected wind power projects. According to a market ...
Payment Delays in Andhra Pradesh, Telangana, Tamil Nadu Hit Solar and Wind Developers
Payment delays are becoming a problem again for solar and wind project developers in India especially in Andhra Pradesh, Tamil Nadu, and Telangana. Some instances in Madhya Pradesh and a ...
Gujarat Extends Bid Submission Deadline for its Tender for 1 GW of Wind Projects
The Gujarat Urja Vikas Nigam Limited (GUVNL) has extended the bid submission deadline for 1,000 MW of grid-connected wind power projects to be developed in the state (Phase II-R). The ...
Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC
The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
Adani to Remove Domestic Content Requirement for 700 MW Solar Auction
The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML) request to initiate the bidding process for 700 MW of solar without the domestic content requirement condition ...
Adani Electricity Mumbai Has Time Until March 2020 to Comply with RPO
Government agencies in India are taking renewable purchase obligation (RPO) compliance cases seriously, and entities are being brought to task by state electricity regulatory commissions after the creation of RPO ...
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 ...
