NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC Limited, SJVN, NHPC, NLC India, and IRCON International were declared winners in the Indian Renewable Energy Development Agency’s (IREDA) auction for 5 GW of grid-connected solar projects (Tranche-III) under ...
/ / Solar, Tenders & Auctions
Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

ReNew Power, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen), Adani Renewable Energy, and Azure Power were declared winners in Solar Energy Corporation of India’s (SECI) auction for 1,200 MW ...
/ / Solar, Tenders & Auctions
NTPC, NLC India, Ayana, and Azure Power Winners in SECI’s 1.2 GW Wind-Solar Hybrid Auction

NTPC, NLC India, Ayana, and Azure Power Winners in SECI’s 1.2 GW Wind-Solar Hybrid Auction

NTPC Limited, NLC India, Project Ten Renewable Power (Ayana Renewable Power), and Azure Power were declared winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW interstate ...
/ / Solar, Tenders & Auctions
The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on a build-own-operate (BOO) basis. SECI will enter into an agreement with the successful bidders selected based on the request for selection (RfS) for 25 years as per the terms, conditions, and provisions of the RfS. As this is only a notice announcing the tender, no details about the projects to be developed are available yet. The detailed tender document is likely to be made available on August 31, 2021. This is the largest tender announced for energy storage in India. Most other energy storage tenders were in combination with renewable energy sources, while this is for a standalone energy storage system. Last month, NTPC Limited invited expression of interest from Indian and global companies to set up 1,000 MWh of grid-connected battery energy storage systems (BESS) on the premises of its power projects across India. Interested applicants would be invited to undertake projects at single or multiple NTPC stations to set up facilities and scalable models for further additional requirements. According to Mercom’s India Solar Tender Tracker, SECI has issued 373 MW of solar tenders for projects with BESS as of December 2020. In December 2020, SECI floated a tender for a 20 MW solar project with a 50 MWh battery energy storage system. The project will be set up in Phyang, located in Leh district of the union territory of Ladakh. Mercom had earlier reported that SECI issued amendments to the tender document for 100 MW (AC) of solar power projects along with a 50 MW/150 MWh battery storage system. The project is slated to be developed at Rajnandgaon in Chhattisgarh. As per the amendments issued by SECI, the annual capacity utilization factor (CUF) guarantee has been removed. In the previous version, it was mentioned that if the contractor failed to achieve the annual guaranteed CUF (36.5%) at the end of the tenth year, then the contractor was liable to pay a compensation amount equal to the net present value of the revenue loss for 10th to 25th year. If the CUF was less than the guaranteed CUF, the contractor had to compensate as liquidated damages, equivalent to the remuneration of the equivalent energy, subject to a maximum of 100% of the total annual operation maintenance cost.

SECI Floats Tender for 2,000 MWh of Standalone Energy Storage Systems

The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on ...
NTPC and SolarArise win RUMSL’s 450 MW Shajapur Solar Auction; Lowest Tariff - ₹2.33/kWh

NTPC and SolarArise Win RUMSL’s 450 MW Shajapur Solar Auction; Lowest Tariff – ₹2.33/kWh

NTPC Renewables and Talettutayi Solar Projects Nine (SolarArise) were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 450 MW of solar projects at the Shajapur Solar ...
NHPC Floats EPC Tender for a 600 MW ISTS Solar Project in Rajasthan

NHPC Floats EPC Tender for a 600 MW ISTS Solar Project in Rajasthan

NHPC has invited bids from engineering, procurement, and construction (EPC) contractors for a 600 MW interstate transmission system (ISTS)-connected solar photovoltaic project and associated power transmission lines. The project will be ...
RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in Madhya ...
Tata Power and Azure Power Winners in MSEDCL’s 500 MW Wind-Solar Hybrid Auction

Tata Power and Azure Power Win MSEDCL’s 500 MW Wind-Solar Hybrid Auction

Tata Power and Azure Power were declared winners in the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to procure power from 500 MW of from grid-connected interstate and intrastate ...
NTPC Floats EPC Tender for 500 MW of Solar Projects

NTPC Floats EPC Tender for 500 MW of Solar Projects

NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The successful bidder will ...
SECI’s 1,785 MW Solar Tender Receives Staggering Response

SECI’s 1,785 MW Solar Tender Receives Staggering Response

The Solar Energy Corporation of India’s (SECI) tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV) has received a huge response from the bidders, oversubscribed by 9.3 GW, according ...
Government Approves Net Metering for Rooftop Solar Systems Up to 500 kW Capacity

Government Approves Net Metering for Rooftop Solar Systems Up to 500 kW Capacity

The Ministry of Power (MoP) has finally issued the much-awaited amendment to the Electricity (Rights of Consumers) 2020 Rules concerning net metering for rooftop solar installations. The amendment permits net ...
/ / Markets & Policy, Solar
SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects

SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects

The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI) in the country. The last ...
/ / Other, Wind
IREDA Invites Bids to Set Up Solar Module Manufacturing Capacities Under PLI Program

IREDA Invites Bids to Set Up Solar Module Manufacturing Capacities Under PLI Program

The Indian Renewable Energy Development Agency (IREDA) has invited bids for setting up manufacturing capacities for vertically integrated high-efficiency solar modules under the production-linked incentive (PLI) program. Manufacturers setting up ...
GUVNL Auction

SJVN Wins GUVNL’s 100 MW Solar Auction

SJVN Limited, a joint venture between the central government and the government of Himachal Pradesh, has won a 100 MW solar project in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction ...
MSEDCL tender

MSEDCL Issues Tender to Procure Power from 500 MW of Solar Projects

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) had invited bids to procure power from 500 MW of interstate or intrastate grid-connected solar projects on a long-term basis. The last ...
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 ...
U-Solar Wins SECI's EPC Services Auction for a 5 MW Solar Project at Tuticorin Port

U-Solar Wins SECI’s EPC Services Auction for a 5 MW Solar Project at Tuticorin Port

U-Solar Clean Energy has said it has won 5 MW of grid-connected, ground-mounted solar projects at the V. O. Chidambaranar Port Trust at Tuticorin, Tamil Nadu, in a tender floated by ...
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