Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements
According to the Q4 & Annual, 2020 India Solar Market Quarterly Update, in 2020, about 32.5 GW of tenders were announced by various agencies, and over 22 GW of projects ...
First Auction After BCD: GUVNL’s 500 MW Solar Auction Gets Lowest Tariff of ₹2.20/kWh
Sprng Ujjvala Energy, NTPC Renewable Energy, Coal India, and TP Saurya-a Tata Power subsidiary - were declared winners in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction to purchase power ...
Lowest Tariff of ₹2.77/kWh Quoted in SECI’s 1.2 GW Wind Auction
Adani Renewable Energy, Ayana Renewable Power, Evergreen Power, and JSW Future Energy won 1.2 GW of wind power projects in the Solar Energy Corporation of India’s (SECI) auction to select ...
U-Solar Wins SECI’s EPC Services Auction for a 5 MW Solar Project at Tuticorin Port
U-Solar Clean Energy has said it has won 5 MW of grid-connected, ground-mounted solar projects at the V. O. Chidambaranar Port Trust at Tuticorin, Tamil Nadu, in a tender floated by ...
APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction
The Appellate Tribunal for Electricity (APTEL) has directed the Gujarat Urja Vikas Nigam Limited (GUVNL) to extend the validity of bids placed by developers in its scrapped 700 MW solar auction ...
Rising Sun Energy Bags a 190 MW Project in Rajasthan’s Nokh Solar Park from NTPC
Rising Sun Energy, a New Delhi-based independent power producer, won 190 MW of solar projects quoting a tariff of ₹2.25 (~$0.031)/kWh in NTPC Limited’s auction for 190 MW of grid-connected ...
NTPC Floats EPC Tender for up to 300 MW of Solar Projects in Gujarat
NTPC Limited has invited bids for the engineering, procurement, and construction (EPC) of up to 300 MW of grid-connected solar photovoltaic projects along with land in Gujarat. The public sector undertaking ...
Torrent Power’s 300 MW Gujarat Solar Tender Oversubscribed
Torrent Power Limited’s tender for the purchase of up to 300 MW of power from grid-connected solar projects in Gujarat has been oversubscribed, according to Mercom's sources. Adani Green Energy, ...
Spain Awards 2 GW of Solar and 998 MW of Wind Projects in Latest Auction
Spain has allocated 3.034 GW of renewable energy capacity in its first renewable energy auction since 2017. In the auction held by the Ministry for the Ecological Transition, 2.034 GW ...
Commission Allows Avadh Sugar and Energy to Inject Slop-Based Power into the Grid
The Uttar Pradesh Electricity Regulation Commission (UPERC) has directed the Uttar Pradesh Power Corporation Limited (UPPCL) to allow Avadh Sugar and Energy to inject slop-based power into the grid from ...
SECI Clarifies Queries Regarding Empaneling Agencies in the Electric Mobility Space
Solar Energy Corporation of India (SECI) has issued clarifications on an expression of interest (EoI), it issued in October 2020 to empanel agencies to identify and implement business opportunities in ...
Tata Power Receives Letter of Award to Develop a 110 MW Solar Project in Kerala
Tata Power has received a Letter of Award (LoA) from the Kerala State Electricity Board (KSEB) to develop a 110 MW solar project. The energy will be supplied to KSEB ...
Goa Issues Empanelment Tender for 80 MW of Residential Rooftop Solar Systems
The Goa Energy Development Agency (GEDA) has issued an expression of interest (EoI) for empanelment of agencies to design, supply, install, test, and commission grid-connected rooftop solar photovoltaic (PV) systems ...
Month in a Minute: Top Headlines from Indian Renewable Sector in December 2020
Here is a recap of some of the most important headlines from December 2020: The Ministry of Environment, Forest and Climate Change has constituted a high-level inter-ministerial Apex Committee to ...
Andhra Pradesh’s Tender for 6.4 GW of Solar Projects Oversubscribed by 8.5 GW
The Andhra Pradesh Green Energy Corporation’s (APGECL) tender to develop 6.4 GW of solar power projects has been oversubscribed by 8.5 GW, according to Mercom’s sources. The state agency received ...
5 Lowest Solar Tariffs of 2020
The COVID-19 pandemic has affected project deadlines, availability of labor, and component supplies in 2020. However, solar tariffs continue to fall, with the lowest ever recorded tariffs discovered just this ...
SECI’s 1.2 GW Solar-Wind Hybrid Auction Gets Lowest Tariff of ₹2.41/kWh
Three companies won 1.2 GW of solar-wind hybrid projects quoting a tariff of ₹2.41 (~$0.0326)/kWh – the lowest-ever for solar-wind hybrid projects, according to Mercom’s sources. The tariff was discovered ...
EESL Releases Tender to Procure 500 Electric Cars
The Energy Efficiency Services Limited (EESL) has floated a tender to procure 500 cars. The procurement will be financed by the Asian Development Bank (ADB) under its program for scaling ...
Tata and Ashoka Buildcon Win 470 MW in NTPC’s Auction for Solar EPC Services
Tata Power Solar Systems Limited and Ashoka Buildcon Limited have won 470 MW of solar projects in NTPC Limited’s engineering, procurement, and construction (EPC) auction for 1,070 MW of solar projects ...
Railways to Discuss Ways to Make Solar Tenders More Attractive After Poor Response
The Railway Energy Management Limited (REMCL), a subsidiary of RITES Limited, has announced a stakeholder meeting on December 23, 2020, to get feedback for developing future strategy and bid documents market ...
Poland Allocates 800 MW of Solar and 900 MW of Wind Capacity in Latest Auction
The largest renewable energy auction conducted by the Energy Regulatory Office (ERO) in Poland took place on November 26, 2020. The auction was intended for solar developers with an installed ...
Solar Auction in Kazakhstan Sees Tariff Dip to $0.034/kWh
Kazakhstan’s power market operator JSC KOREM has announced the culmination of auctions for renewable energy projects. Auction for solar projects has resulted in the lowest tariff of KZT14.58 (~$0.034)/kWh. According ...
Military Engineer Services Floats EPC Tender for 1.5 MW of Solar Projects in Tamil Nadu
The Military Engineer Services (MES) has invited bids for the engineering, procurement, and construction (EPC) of a 1.5 MW grid-connected solar power project at Thanjavur, Tamil Nadu. The project is ...
India’s New Record for Lowest Solar Tariff is ₹2/kWh
The Solar Energy Corporation of India’s (SECI) auction for 1,070 MW of solar projects in Rajasthan set a record-low lowest (L1) tariff of ₹2 (~$0.0270)/kWh (Tranche-III), according to Mercom's sources ...
NTPC, Tata Power Win Kerala’s 200 MW Solar Auction at 2.97/kWh
NTPC Limited has won 90 MW of solar projects in the Kerala State Electricity Board Limited’s (KSEB) reverse e-auction for 200 MW. It won the capacity for the lowest (L1) discovered ...
