Uttar Pradesh and SECI Finalize PSA for 750 MW of Solar at a Tariff of ₹2.55/kWh
The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently approved the power sale agreements (PSA) between Uttar Pradesh Power Corporation Limited (UPPCL) and Solar Energy Corporation of India (SECI) at a ...
Will Recent State Elections Impact India’s Solar Growth Trajectory?
Assembly elections were held in five Indian states - Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh, and Mizoram last week. Following the election outcomes, all four states except for Telangana, underwent a ...
Month in a Minute: Important News from Indian Solar Industry in October 2018
The month of October witnessed some key announcements in the Indian solar industry. For example, India’s solar installations recorded in the first half (1H) of calendar year 2018 totaled almost ...
Phelan Energy Achieves Financial Closure For 50 MW Solar Project in Rajasthan
Phelan Energy Group has announced that it has achieved financial closure for a 50 MW solar project in Rajasthan. The construction of the solar PV project, located at Rajasthan’s Bhadla ...
Ecoppia to Deploy 2,000 Panel Cleaning Robots in Bhadla Solar Park for SB Energy
Ecoppia, a robotics company providing photovoltaic solar panel cleaning, has signed an agreement with SB Energy to install two thousand robots across its five project sites at the Bhadla Solar Park (Phase ...
Five of the World’s Largest Solar Parks to Come Up in India: IEEFA Report
Five of the world’s largest under-construction solar parks are located in India, as reported by the United States-based Institute for Energy Economics and Financial Analysis (IEEFA). The report also discusses ...
Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction
In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...
Mercom Exclusive: PPAs Signed for 750 MW of Solar Projects in Bhadla Solar Park
Power purchase agreements (PPAs) for five solar projects with a combined total capacity of 750 MW of grid-connected solar were recently signed by the Solar Energy Corporation of India (SECI) ...
Over 1.3 GW of Solar Tendered and 1.5 GW Auctioned in June in India
After record drop in tariffs, auction activity picked up last month. In June, 1,359.77 MW of solar was tendered and 1.5 GW of solar was auctioned. Compared to May 2017, ...
PGCIL Commissions 400 kV Lucknow-Kanpur Transmission Line
The Power Grid Corporation of India Limited (PGCIL) has commissioned the 400 kV DC Lucknow-Kanpur transmission line with associated bays in Lucknow. The Indian Prime Minister, Shri Narendra Modi, dedicated ...
SECI Tenders 750 MW of Solar at the Bhadla Solar Park to Leverage ISTS Waiver
The Solar Energy Corporation of India (SECI) has tendered a total of 750 MW of solar at the Bhadla Solar Park in Rajasthan, following the inter-state transmission (ISTS) waiver which ...
SECI Looks to Repeat Its Success With Another 750 MW Solar Tender at Bhadla Solar Park
The Solar Energy Corporation of India (SECI) has tendered another 750 MW of solar at Bhadla. The capacity tendered includes, 500 MW of solar at Bhadla Phase-III solar park and ...
Waiver Period for Inter-State Transmission Charges and Losses for Solar Projects Extended to December 31, 2019
The waiver period for inter-state transmission (ISTS) charges and losses for solar projects has been extended to December 31, 2019. This waiver applies to solar projects that are commissioned on ...
Strong Solar Tender Activity in India with Over 2 GW in the Month of May
The month of May witnessed the strongest auction and tender activity in India in quite some time with over 2 GW of solar projects tendered and 755 MW auctioned, compared ...
Uttar Pradesh Government Plans to Set Up 750 MW Solar Projects at Bhadla
In an aim to replicate the success of the recently concluded Bhadla Phase-III and Phase-IV Solar Park auctions, the government of Uttar Pradesh is also considering setting up 750 MW ...
Breaking: New Record Low Solar Tariff of Rs.2.44 (~$0.037)/kWh Set at the 500 MW Bhadla Phase-III Solar Park Auction in India
Solar tariff in India has now breached Rs.2.50 (~$0.038)/kWh mark. Within a week solar tariff declined from Rs.2.62 (~$0.0405)/kWh to Rs.2.44 (~$0.037)/kWh. In the 500 MW Bhadla Phase-III Solar Park ...
DEEP DIVE: Intense Competition Drives Solar Tariffs to a New Record Low of Rs.2.62/kWh at Bhadla Phase-IV Solar Park Auction in India
The solar tariff in India breached the Rs.3 (~$0.046)/kWh mark in the recently concluded 250 MW Bhadla Phase-IV Solar Park auction. The winning tariff of Rs.2.62 (~$0.0405)/kWh quoted in the ...
BREAKING: New Record Low Tariff to be Set in India as Solar Bids Breach Rs.3/kWh in Bhadla Phase IV Auction
For the first time in India, solar bids have breached the Rs.3 (~$0.046)/kWh mark in the 250 MW Bhadla Phase IV Solar Park auction under the National Solar Mission (NSM) ...
Mercom Exclusive: Solar Park Costs on the Rise in India
Solar parks are a vital piece to India’s solar future and were designed to reduce bottlenecks and bring down large-scale project development costs by allocating land and providing transmission infrastructure, ...
26.7 MW of Solar Tendered and 250 MW Auctioned in India, in April 2017
In the month of April 2017, only 26.72 MW of solar was tendered and 250 MW was auctioned in India compared to March 2017, when 4.5 MW of new solar ...
Indian Solar Sector Sees $1.6 Billion in Funding and M&A Transactions in Q1 2017
With solar installations crossing 12 GW by end of March 2017, financial activity was robust in the first quarter of 2017, with approximately $1.6 billion (~Rs.106 billion) in announced corporate, project funding ...
Fortum Commissions 70 MW Bhadla Solar Park Project at Previous Record Low Bid of Rs.4.34/kWh
Fortum commissioned a 70 MW solar project at Bhadla Phase-II Solar Park in Rajasthan under National Solar Mission (NSM) Phase-II, Batch-II, Tranche-I. The 70 MW solar project is Fortum's third ...
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Energy Sector in March 2017
The Asian Development Bank approved a $175 million (~Rs.11.35 billion) loan to the Power Grid Corporation (PGCIL) to expand its solar power transmission network across the country. Payment delays by ...
NTPC Retenders 750 MW of Solar at Pavagada Solar Park in Karnataka
The National Thermal Power Corporation (NTPC) has retendered 750 MW of solar at the Pavagada Solar Park in Karnataka. This is an Open category tender and the bid-submission deadline is ...
SECI Cancels 150 MW Bhadla Solar Park Tender Under Domestic Content Category
The Solar Energy Corporation of India (SECI) has cancelled the projects tendered under the domestic content requirement (DCR) category in Bhadla Solar Park, Rajasthan; these projects fell under the National ...
