Tata Power Subsidiary Wins Maharashtra’s 250 MW Solar Auction Quoting ₹2.51/kWh

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

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 ...
GUVNL's 500 MW Solar Auction Gets Lowest Tariff of ₹2.20_kWh

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

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 ...
/ / Finance and M&A, Solar
Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022

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 ...
/ / Markets & Policy, Solar
SECI Invites Bids for 1,785 MW of Solar Projects in Rajasthan

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 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’ 300 MW Solar Auction

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 ...
/ / Solar, Tenders & Auctions
Breaking News

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 ...
/ / Solar, Tenders & Auctions
IREDA Floats 5 GW Tender For Grid-Connected Solar Power Projects Under CPSU Program

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 ...
/ / Solar, Tenders & Auctions
Gujarat Issues Tender for 500 MW of Solar Projects

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

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 ...
Breaking News

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

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 ...
/ / Solar, Tenders & Auctions
India's New Record for Lowest Solar Tariff is ₹2_kWh

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, 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 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

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 ...
/ / Solar, Tenders & Auctions
Vera Energy, JSW Solar - Winners in SECI’S Auction for ISTS-Connected Blended Wind Projects

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

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

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

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 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) ...
/ / Solar, Tenders & Auctions
SECI Announces Tender for 1,070 MW of Solar Projects in Rajasthan

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

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) ...