Tata Power Subsidiary Wins Maharashtra’s 250 MW Solar Auction Quoting ₹2.51/kWh
TP Saurya, a Tata Power subsidiary, was declared the winner in the Maharashtra State Power Generation Company’s (MAHAGENCO) auction for setting up 250 MW of grid-connected solar photovoltaic projects at ...
SECI Invites Bids for 1.2 GW of ISTS-Connected Solar Wind Hybrid Projects
The Solar Energy Corporation of India (SECI) has invited bids for setting up 1,200 MW interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche-IV) on a build, own, operate basis ...
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 ...
Adani Green Secures $1.35 Billion Debt Financing For Its Renewable Energy Portfolio
In an important development, Adani Green Energy Limited (AGEL) has raised a $1.35 billion (~₹97.93 billion) debt package for its under-construction renewable asset portfolio, according to a press release. The ...
Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022
The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modules ...
SECI Invites Bids to Develop 1,785 MW of Solar Projects in Rajasthan
The Solar Energy Corporation of India (SECI) has invited bids to develop 1,785 MW of solar projects (Tranche IV) in Rajasthan. The last date to submit the bids online is ...
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 ...
Torrent Power and Adani Green Winners in Gujarat’s 300 MW Solar Auction
Torrent Power Generation and Adani Green Energy are winners in Torrent Power Limited’s auction to develop 300 MW of grid-connected solar projects in Gujarat. Adani Green and Torrent Power quoted ...
Torrent Power Quotes the Lowest Bid of ₹2.47/kWh in Andhra’s 6.4 GW Solar Auction
Andhra’s solar auction for 6.4 GW of solar projects spread out over ten separate locations has resulted in tariffs ranging between ₹2.47 (~$0.033)/kWh to ₹2.58 (~$0.035)/kWh, according to an auction ...
IREDA Floats 5 GW Tender For Grid-Connected Solar Power Projects Under CPSU Program
The Indian Renewable Energy Development Agency (IREDA) has floated a tender for the setting up of 5 GW of grid-connected solar power projects in India (Tranche III) under the Central ...
Gujarat Issues Tender for 500 MW of Solar Projects
The Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a request for selection (RfS) to purchase power from 500 MW of grid-connected solar photovoltaic (PV) projects to be set up ...
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 ...
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 ...
Andhra Pradesh Issues Tender for 6.4 GW of Solar Power Projects for State’s Farmers
The Andhra Pradesh Green Energy Corporation Limited (APGECL) has invited bids for developing 6.4 GW of solar power projects at ten locations in the state. The total capacity of 6.4 ...
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 ...
Gujarat Announces Tender to Purchase Power from 500 MW of Solar Projects
Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a request for selection (RfS) to purchase power from 500 MW of grid-connected solar photovoltaic (PV) projects. Projects under construction, those that ...
SECI Announces 100 MW Solar Tender with Battery Energy Storage in Chhattisgarh
The Solar Energy Corporation of India (SECI) has invited bids for a 100 MW (AC) solar power project along with a 50 MW/150 MWh battery energy storage system (BESS). The ...
Vena Energy, JSW Solar – Winners in SECI’s Auction for Blended Solar Wind Projects
Vena Energy and JSW Solar have won 970 MW of blended wind projects under the Solar Energy Corporation of India’s (SECI) 2.5 GW auction for interstate-connected (ISTS) blended wind power ...
Winners of Gujarat’s 700 MW Solar Auction: Vena Energy, Tata, ReNew, O2 Power, SJVN
Vena Energy Renewables, Tata Power, ReNew Power, SJVN Limited, and TEQ Green Power (a subsidiary of O2 Power) are winners in the auction for 700 MW of solar projects floated ...
Amp Energy, Tata, Azure, and O2 Power Winners in NTPC’s 1.2 GW Solar Auction
O2 Power, Azure Power, Tata Power, and Amp Energy have together won 1,170 MW of projects in NTPC Limited’s auction for 1.2 GW of the interstate transmission system (ISTS) connected ...
India Extends Imposition of Safeguard Duty on Solar Imports by Another Year
The Department of Revenue under the Ministry of Finance (MoF) has issued a notification imposing safeguard duty (SGD) on the import of solar cells and modules to India for another ...
NTPC Floats Tender to Acquire 1 GW of Operational Solar Projects in India
NTPC Limited has floated a request for proposal (RfS) to acquire 1 GW of operational solar projects across India. Interested bidders are expected to submit an earnest money deposit (EMD) ...
SECI Announces Tender for 1,070 MW of Solar Projects in Rajasthan
The Solar Energy Corporation of India (SECI) has issued a request for selection to set up 1,070 MW of grid-connected solar projects in Rajasthan (Tranche-III). Interested bidders are expected to ...
SECI’s 2 GW Solar Auction Gets India a New Record-Low Tariff of ₹2.36/kWh
The Solar Energy Corporation of India's (SECI) latest auction saw a record low bid of ₹2.36 (~$0.0313)/kWh. The auction was conducted for 2 GW of the interstate transmission system (ISTS) ...
