1.4 GW of ISTS Solar Projects Awarded by NTPC Stand Canceled

1.4 GW of ISTS Solar Projects Awarded by NTPC Stand Canceled

In an important development for the industry, 1.4 GW of solar projects that were awarded under the National Thermal Power Corporation’s (NTPC) 2 GW auction has been canceled due to ...
MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty

Wind and Solar Auctions with Unreasonable Bids Will be Cancelled: R.K. Singh

The government will continue to cancel solar and wind auctions if it finds that the prices discovered through reverse bidding are high. "We will accept bids which are reasonable. If ...
/ / Markets & Policy, Solar
GUVNL’s 500 MW Solar Tender Oversubscribed by almost Four Times

Gujarat’s 500 MW Solar Tender Oversubscribed by Almost Four Times

Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the ...
/ / Solar, Tenders & Auctions
Recent Cancellations of Solar Auctions Have Set a Bad Precedent

Recent Cancellations of Solar Auctions Have Set a Bad Precedent

India’s efforts to grow solar energy has suffered some setbacks recently. The solar industry is trying to overcome the recently announced safeguard duty but the recent cancellation of auctions has ...
Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Speculation regarding the possible cancellation of the National Thermal Power Corporation’s (NTPC) auction for 750 MW of grid-connected solar at the Pavagada Solar Park has heated up again. The notion ...
/ / Markets & Policy, Solar
Financing Activity in the Indian Solar Sector So Far This Year

Solar Tender and Auction Activity in India Dropped Significantly in July 2017

Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable GST rates for solar, DISCOMs seeking lower tariffs after the Bhadla record-low bid, and ...
/ / Solar, Tenders & Auctions