Over 3 GW of Solar Tendered and 1 GW Auctioned in March 2018

Over 3 GW of Solar Tendered and 1 GW Auctioned in March 2018

In March 2018, more than 3 GW of solar projects were tendered but just 1 GW of solar projects were auctioned across India according to Mercom’s India Solar Tender Tracker ...
Days after GUVNL 500 MW Solar Auction, Project Capacities Yet to be Awarded

High GUVNL Auction Tariffs Need Board Approval Before Projects are Awarded

The individual project capacities in the recently concluded 500 MW grid-connected solar PV auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) have not been awarded yet as higher tariffs ...
BREAKING: ReNew, Avaada and Azure Win Bids to Develop 550 MW of Solar Projects in Pavagada

ReNew, Avaada and Azure Win Bids to Develop 550 MW of Solar Projects in Pavagada

The Karnataka Renewable Energy Development Limited (KREDL) has auctioned 550 MW of grid-connected solar photovoltaic (PV) projects to be developed at the Pavagada Solar Park in Tumkur district of the state ...
West Bengal 5 MW Floating Tender Auction

BREAKING: West Bengal Auctions 5 MW of Floating Solar PV

The West Bengal Power Development Corporation Limited (WBPDCL) has successfully auctioned a 5 MW, grid-connected floating solar photovoltaic (PV) project to be developed in the district of Murshidabad. When contacted ...
/ / Floating Solar, Solar
PPAs for 655 MW Solar Projects in Karnataka to be Signed by March 28, 2018

PPAs for 655 MW Solar Projects in Karnataka to be Signed by March 28, 2018

The deadline for signing the Power Purchase Agreements (PPAs) for 655 MW of grid-connected solar photovoltaic (PV) projects in the state of Karnataka has been extended to March 28, 2018 ...
Maharashtra Auctions 500 MW of Wind Projects to be Developed Across the State

BREAKING: Winning Bids of ₹2.85-2.87/kWh Quoted in MSEDCL’s 500 MW Wind Auction

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has auctioned 500 MW of grid-connected wind projects to meet its non-solar Renewable Purchase Obligation (RPO). The lowest quoted (L1) tariff in ...
After January Surge, Solar Tender Activity Slowed in February

After January Surge, Solar Tender Activity Slowed in February

After an unprecedented volume of tenders issued in January, implementing agencies could not maintain the momentum in February as bidders became reluctant in the face of potential new tariffs. Tender ...
February 2018 Highlights_ Major Developments in India’s Renewable Energy and Solar Sector

February 2018 Highlights: Major Developments in India’s Renewable Energy and Solar Sector

After a busy month of January, the month of February was relatively quiet and the uncertainties plaguing the sector around trade issues continued. Even the highly anticipated budget turned out ...
Over 2 GW of Solar Tenders Postponed Due to Uncertainty Around Safeguard Duty

Over 2 GW of Solar Tenders Postponed Due to Uncertainty Around Safeguard Duty

More than 2 GW of planned solar tenders have been postponed across three Indian states recently as bidders have been deterred by the ongoing uncertainty around proposed duties on critical ...
/ / Markets & Policy, Solar
Gujarat Tenders 500 MW of Wind Projects to be Developed Across the State

Gujarat Tenders 500 MW of Wind Projects to be Developed Across the State

Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 500 MW of wind projects to be developed across the state. The bid-submission deadline is April 2, 2018. Under this global tender, ...
/ / Other, Wind
Almost 10 GW of Solar Tendered and 6 GW Auctioned in India in 2017

Almost 10 GW of Solar Tendered and 6 GW Auctioned in India in 2017

Indian government agencies announced tenders for more than 9.5 GW and auctions for 6 GW in 2017, according to Mercom’s India Solar Tender Tracker. The year began on a high ...
/ / Mercom Research Focus, Other
Karnataka High Court Puts Stay on KREDL’s 860 MW Solar Auction

Karnataka High Court Puts Stay on KREDL’s 860 MW Solar Auction

The Karnataka High Court has put a stay on the 860 MW grid-connected solar photovoltaic (PV) project tender auctioned by Karnataka Renewable Energy Development Limited (KREDL). The High Court’s order ...
/ / Solar, Tenders & Auctions
NLC India Scraps 20 MW Solar With Battery Energy Storage System Auction

NLC India Scraps 20 MW Solar With Battery Energy Storage System Auction

Neyvveli Lignite Corporation (NLC) India has scrapped the auction of 20 MW solar with battery energy storage system (BESS) that was conducted by it in October 2017. When contacted after ...
Solar Tenders in India Surpassed 5.5 GW While Auction Activity Fizzled in January

Solar Tenders in India Surpassed 5.5 GW While Auction Activity Fizzled in January

India’s solar sector logged unprecedented tender activity in January, with more than 5.5 GW of solar photovoltaic (PV) projects tendered during the month. The capacity tendered was more than double ...
/ / Solar, Tenders & Auctions
KREDL Auctions 760 MW of Grid-Connected Solar PV to be Developed Across Karnataka

KREDL Auctions 760 MW of Grid-Connected Solar PV to be Developed Across Karnataka

The Karnataka Renewable Energy Development Limited (KREDL) has auctioned 760 MW of grid-connected solar photovoltaic (PV) projects to be developed across 38 taluks in the state. While the lower limit ...
/ / Solar, Tenders & Auctions
Azure Power to Develop Grid-Connected Rooftop Solar Projects for 152 Indian Schools

Azure Power to Develop Grid-Connected Rooftop Solar Projects for 152 Schools

Azure Power, an independent solar power producer, is all set to develop a total of 11.35 MW of grid-connected rooftop solar photovoltaic (PV) projects for various schools across the country ...
/ / Solar, Tenders & Auctions
Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector

Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector

Concerns about tumbling tariffs and frequent Power Purchase Agreement (PPA) renegotiations were just a few of the items highlighted by the Economic Survey 2018, which was tabled in Parliament by ...
Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Speculation regarding the possible cancellation of the National Thermal Power Corporation’s (NTPC) auction for 750 MW of grid-connected solar at the Pavagada Solar Park has heated up again. The notion ...
/ / Markets & Policy, Solar
India Recorded Strong Solar Tender and Auction Activity in December

India Recorded Strong Solar Tender and Auction Activity in December

After a period of lull, the month of December 2017 witnessed a surge in tendering and auction activity in solar sector in the country. Over 2,500 MW of solar was ...
/ / Solar, Tenders & Auctions
Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction

Breaking: Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction at ₹2.47-2.48/kWh

In the 500 MW Bhadla solar park auction that concluded today, Hero Future Energies won 300 MW at a winning bid of ₹2.47 (~$0.0380)/kWh followed by Softbank Group which won ...
/ / Solar, Tenders & Auctions