MNRE’s New Solar Bidding Guidelines Say No Power Backdown Without Formal Instructions

MNRE’s New Solar Bidding Guidelines Say No Power Backdown Without Formal Instructions

To expedite and streamline the process of developing solar projects, the Ministry of New and Renewable Energy (MNRE) has issued amendments to its guidelines for the competitive bidding process. The ...
/ / Markets & Policy, Solar
TBEA Wins 300 MW of Solar Projects in the NTPC Auction at a Tariff of ₹2.63_ kWh

TBEA Wins 300 MW of Solar Projects in the NTPC Auction at a Tariff of ₹2.63/kWh

TBEA, a Chinese manufacturer of power transformers and other electrical equipment, has bagged 300 MW of solar projects in the 1.2 GW auction conducted by the National Thermal Power Corporation ...
/ / Solar, Tenders & Auctions
UPERC Approves Tariffs for 550 MW of Solar Projects Ranging Between ₹3.02-3.08_kWh

UPERC Approves Tariffs for 550 MW of Solar Projects Ranging Between ₹3.02-3.08/kWh

In a recent petition, the Uttar Pradesh Electricity Regulator Commission (UPERC) was requested to adopt tariffs for 550 MW of solar projects and accept the slight delay in signing of ...
/ / Markets & Policy, Solar
Tender Issued for Solar Home and Street Lighting Systems in Karnataka’s Mandya District

Tender Issued for Solar Home and Street Lighting Systems in Karnataka’s Mandya District

The Karnataka Renewable Energy Development Limited (KREDL) has floated a tender for solar-powered home and street lighting systems in H.Kodihalli village of Mandya district. The last date for the submission ...
/ / Solar, Tenders & Auctions
Lender Can Substitute Promoter in Case of Solar Generator Default_ Amended Guidelines

Lender Can Substitute Promoter in Case of Solar Generator Default: Amended Guidelines

The Ministry of Power has amended the competitive bidding guidelines for the procurement of power from grid-connected solar photovoltaic (PV) projects. This is the third time these guidelines have been amended. The ...
/ / Uncategorized
Total Eren and EDF Renewables Sign PPA for 716 MW of Solar Projects in India

Total Eren and EDF Renewables Sign PPA for 716 MW of Solar Projects in India

Total Eren and EDF Renewables have signed 25-year long term power purchase agreements (PPA) for four solar power projects with an installed capacity of 716 MW. These projects are located ...
/ / Solar, Utility Scale
Grid-Connected Solar PV Project Tendered in Bangladesh

Bangladesh Power Development Board Tenders 50-60 MW of Solar Projects

Bangladesh’s Power Development Board (BPDB) has announced a tender for 50-60 MW of grid-connected solar PV projects at Rangunia, Chattogram. The projects will be developed on build, own operate (BOO) ...
/ / Solar, Tenders & Auctions
Gujarat Floats Tender for 700 MW of Grid-Connected Solar Projects

Bid Submission Deadline for 750 MW Solar Tender in Rajasthan Extended by SECI

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for 750 MW of grid-connected solar photovoltaic (PV) projects to be developed on a standalone basis across the state ...
/ / Solar, Tenders & Auctions
Will the Lowest Bid Breach 2.44/kWh in the Upcoming SECI 3 GW Auction?

Will the Lowest Bid Breach ₹2.44/kWh Mark in the Upcoming SECI 3 GW Solar Auction?

Tariffs are expected to tumble to record lows in the upcoming SECI 3 GW Inter-State Transmission System (ISTS)- connected solar auction.  As of June, the tender was oversubscribed by 2.1 ...
: Wind, Reverse Auctions, PPA, SECI, ISTS

SECI’s 2 GW Wind Tender Receives Damp Response, Undersubscribed by 800 MW

The Solar Energy Corporation of India (SECI)’s 2 GW Tranche-V wind tender has been undersubscribed by 800 MW. The shortage of connectivity infrastructure across the country seems to have taken ...
/ / Other, Wind
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy

ACME, Shapoorji, Hero, Mahindra, Azure & Adani Win SECI’s 2 GW Solar Auction

ACME Solar, Shapoorji Pallonji, Hero Solar, Mahindra Susten, Mahoba Solar (Adani), and Azure Power have emerged as the winners in the recently conducted auction by the Solar Energy Corporation of ...
Indian Solar Projects Getting Too Big to Bid: Domestic Developers

Indian Solar Projects Getting Too Big to Bid: Domestic Developers

As the government pushes to meet its target of achieving 100 GW solar capacity by 2022, it has started to increase the maximum project bid size. While the government is ...
Future Solar Bids to be Coupled with 50 Percent Manufacturing Component_ R.K. Singh

Future Solar Bids to be Coupled with 50 Percent Manufacturing Component: R.K. Singh

Developers of renewable projects will soon be responsible for at least 50 percent of the manufacturing component, news agency PTI reported. "We are going to come out with bigger bids, ...
/ / Manufacturing, Solar
Interview: Public Market May Not Have the Appetite for More Than 2-3 Large Renewable IPOs

Interview: Public Market May Not Have the Appetite for More Than 2-3 Large Renewable IPOs

In the past couple of months, a slew of government regulations have been announced for the domestic renewable sector. Mostly, these policies have been aimed at dealing with the ongoing ...
UPERC Rejects NPCL’s Petition Seeking EPC Developer for Solar Project in Greater Noida

UPERC Rejects NPCL’s Petition Seeking EPC Developer for Solar Project in Greater Noida

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has rejected a petition filed by Noida Power Company Limited (NPCL) seeking to select an Engineering Procurement Construction (EPC) contractor to develop an ...
/ / Markets & Policy, Solar
MNRE Entitles Solar Project Developers to Compensation in Case of Change in Law

MNRE Entitles Solar Project Developers to Compensation in Case of Change in Law

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for tariff-based competitive bidding process for  procurement of power from grid-connected solar photovoltaic (PV) projects. To remove any ...
GRIDCO Tenders 200 MW of Grid-Connected Solar Projects in Odisha

Odisha Tenders 200 MW of Solar Projects with Pass Through Option for Duties

The Grid Corporation of Odisha (GRIDCO) has tendered 200 MW of grid-connected solar photovoltaic (PV) projects to be developed in Odisha. The bid-submission deadline is April 29, 2018. For the ...
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 ...
Planned Solar Bidding Rules Amendment Would Allow Pass Through of Safeguard Duty

Planned Solar Bidding Rules Amendment Would Allow Pass Through of Safeguard Duty

The bidding guidelines for grid-connected solar photovoltaic (PV) projects in the country may soon be amended to give bidders a way to nullify the effects of a potential safeguard duty ...
/ / Markets & Policy, Solar
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
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 ...