Ministry of Finance Reduces Performance Security Deposits For Solar Tenders to 3%

Ministry of Finance Reduces Performance Security Deposits For Solar Tenders to 3%

The Ministry of Finance (MoF) has issued a notification revising the performance security deposits for tenders to 3% of the contract value from the previous range of 5%-10%. This move ...
Andhra Pradesh Gives State Guarantee for DISCOMs to Avail ₹66 Billion in Loans

Andhra Pradesh Gives State Guarantee for DISCOMs to Avail ₹66 Billion in Loans

The Government of Andhra Pradesh has provided a state-backed guarantee for distribution companies (DISCOMs) to avail ₹66 billion (~$873.4 million) loan from the Power Finance Corporation Limited (PFC) and Rural ...
BHEL Floats Tender for Solar Module Mounting Structure Columns for 129 MW of Projects

Karnataka Issues Tender to Replace 700 Modules in a 10-Year-Old 3 MW Solar Project in Belagavi

The Karnataka Power Corporation Limited (KPCL) has issued a repair tender for a 3 MW solar photovoltaic (PV) project located in Itnal village of the state’s Belagavi district. This is ...
World Bank to Provide $300 Million to EESL for India’s Energy Efficiency Program

World Bank to Provide $300 Million to EESL for India’s Energy Efficiency Program

The World Bank has announced that it will provide $220 million in loans and a $80 million guarantee to India’s Energy Efficiency Services Limited (EESL). The funds will be utilized ...