NTPC Issues EPC Tender for 1 GW of Solar Projects Under Phase-II of CPSU Program

After Two Scrapped Auctions, Gujarat’s 700 MW Solar Tender Undersubscribed by 100 MW

The tender floated by Gujarat Urja Vikas Nigam Limited (GUVNL) for 700 MW of solar photovoltaic (PV) projects under Phase III of Raghanesda Solar Park has been undersubscribed by 100 ...
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

Lowest Quoted Tariff Dips to ₹2.48/kWh in SECI’s 750 MW Solar Auction for Rajasthan

Four solar project developers - Fortum Solar (250 MW), ACME Solar (250 MW), Sitara Solar (100 MW), and Palimarwar Solar (40 MW), have quoted the lowest tariff of ₹2.48 (~$0.0349)/kWh ...
PGCIL Proposes Blueprint for Solar and Wind Power Evacuation from Western Region

Fortum and Tata Power Win 500 MW of Solar Projects in Pavagada at a Tariff of ₹2.85/kWh

Karnataka Renewable Energy Development Ltd (KREDL), the nodal agency for implementing renewable policies in Karnataka, has awarded 250 MW of solar projects each to Fortum Corporation and Tata Power Renewable ...
Fortum Wins 110 MW of Solar and 823 MW of Wind Projects in Russian CSA Auction

Fortum Wins 110 MW of Solar and 823 MW of Wind Projects in Russian CSA Auction

Fortum Corporation, a Finnish energy company, has won a Russian Capacity Supply Agreement (CSA) auction to develop 110 MW of solar capacity. The solar power project is set to be ...
Fortum to Sell 54 Percent Share of its Indian Solar Portfolio

Fortum to Sell 54 Percent Share of its Indian Solar Portfolio

Fortum, a Finnish energy company, has signed an agreement to sell a 54 percent stake in its solar power company in India to UK Climate Investments and Elite Alfred Berg ...
/ / Finance and M&A, Solar
Development Status of Pavagada Solar Park and Projects

In-Depth Report: Development Status of 2 GW Pavagada Solar Park and Projects

Mercom recently visited the Pavagada Solar Park, and gained valuable insight into the nuances and challenges of park development. When complete, Pavagada will be the largest solar park in the ...
/ / Markets & Policy, Solar
Month in a Minute: Major News Highlights from India’s Solar Industry in May 2019

Month in a Minute: Top Headlines From the Indian Renewable Energy Sector in October 2017

Here is a list of important headlines, developments and data points from India’s renewable energy sector during October 2017. ACME Solar Holdings announced that it is looking to raise $337 ...
NTPC EV Charging

NTPC Seeks Pan India License to Set Up EV Charging Stations

The National Thermal Power Corporation (NTPC) is seeking a pan India license to construct and set up electric vehicle (EV) charging stations across India. As of now, under The Electricity ...
Fortum Confirms Part of its Indian Solar Assets are Up for Sale

Fortum Confirms Part of its Indian Solar Assets are Up for Sale

Fortum, a clean energy company from Finland, confirmed that it has appointed Barclays to serve as its banking partner and facilitate the sale of a stake in its operational Indian ...
/ / Finance and M&A, Solar
EV Charging Infrastructure Across India

Fortum and NBCC to Develop EV Charging Infrastructure Across India

Fortum, a renewable energy project developer, has signed a memorandum of understanding (MoU) with NBCC, a Government of India Navratna Enterprise, to develop electric vehicle (EV) charging infrastructure across India ...
Fortum

Fortum Commissions 70 MW Bhadla Solar Park Project at Previous Record Low Bid of Rs.4.34/kWh

Fortum commissioned a 70 MW solar project at Bhadla Phase-II Solar Park in Rajasthan under National Solar Mission (NSM) Phase-II, Batch-II, Tranche-I. The 70 MW solar project is Fortum's third ...
/ / Solar, Utility Scale