Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Solar Tariffs May Settle Around ₹2.50/kWh After Factoring BCD in Future Auctions

Despite the Covid-19 pandemic, the tendering and auctioning of solar power projects went on unhindered in 2020. About 32.5 GW of tenders were announced by various organizations, and 22 GW ...
Investments in the Indian Solar Sector Declined by 66% in 2020

Investments in the Indian Solar Sector Declined by 66% in 2020

Investments in the Indian solar sector declined by 66% and stood at approximately $2.8 billion (~₹203.17 billion) in the calendar year (CY) 2020, compared to $8.2 billion (~$595.02 billion) in ...
Avaada, Ayana to Build Transmission Lines for 650 MW of Solar Projects

Avaada, Ayana to Build Transmission Lines for 650 MW of Solar Projects

The Central Electricity Authority (CEA) has provided approval to Avaada Energy and Ayana Renewable Power to construct transmission lines for 350 MW and 300 MW of solar projects, respectively, in ...
/ / Grid, T&D
Top Five Funding Deals of 2020 in the Indian Solar Market

Top Five Funding Deals of 2020 in the Indian Solar Market [Infographics]

After a sluggish start to the year due to the COVID-19 pandemic and the subsequent lockdown, activity in the solar sector picked up in the third quarter (Q3) of 2020, ...
/ / Mercom Research Focus, Other
Ayana Renewable Raises $390 Million in Equity Funding

Ayana Renewable Raises $390 Million in Equity Funding

Bangalore-based renewable energy platform Ayana Renewable Power Private Limited has raised $390 million (~₹28.6 billion) in the latest round of funding. The CDC Group-UK’s development finance institution, National Investment and ...
/ / Finance and M&A, Solar