IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response
The Indian Renewable Energy Development Agency (IREDA)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program received a strong response from the ...
Haryana Sets Levelized Tariff of ₹2.58/kWh for a 20 MW Solar Project
The Haryana Electricity Regulatory Commission (HERC) has set a tariff of ₹2.58 (~$0.035)/kWh for 20 MW of LR Energy's solar project. The tariff was determined after examining the capital cost component ...
Daily News Wrap-Up: IREDA to Assist TANGEDCO with Renewable Projects and Fundraising
Here are some noteworthy cleantech announcements of the day from around the world: Indian Renewable Energy Development Agency (IREDA) signed a memorandum of understanding (MoU) with the Tamil Nadu Generation ...
IREDA’s 5 GW CPSU Solar Tender Oversubscribed by 1,960 MW
The Indian Renewable Energy Development Agency's (IREDA) tender for 5 GW grid-connected solar projects (Tranche-III) under the central public sector undertaking (CPSU) program (Phase-II) has received a strong response from ...
IREDA Amends Tender for Solar Module Manufacturing Under PLI Program
The Indian Renewable Energy Development Agency Limited (IREDA) has amended certain conditions in the request for selection (RfS) issued for a tender floated under the production-linked incentive (PLI) program. In ...
IREDA Posts a Record 61% YoY Growth in After-Tax Profits in FY 2020-21
The Indian Renewable Energy Development Agency (IREDA) posted a profit after tax of ₹3.46 billion (~$47.75 million) as against ₹2.1 billion (~$29.67 million) in the last financial year (FY), registering ...
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 ...
IREDA Amends 5 GW CPSU Solar Tender, Raises Tariff Cap to ₹2.45/kWh
The Indian Renewable Energy Development Agency (IREDA) has extended the deadline for the 5 GW grid-connected solar projects (Tranche-III) under the central public sector undertaking (CPSU) program (Phase-II). The implementing ...
Month in a Minute: Top Headlines from Indian Renewable Sector in April 2021
Here is a recap of some of the most important headlines from April 2021: Distribution companies (DISCOMs) owed ₹123.45 billion (~$1.68 billion) to renewable energy generators (excluding disputed amounts) in ...
CPSU Program for 12 GW of Solar Amended, VGF Capped at ₹5.5 Million
The Ministry of New and Renewable Energy (MNRE) has issued amendments for setting up 12 GW of solar projects with viability gap funding (VGF) by central public sector undertakings (CPSUs) ...
DISCOMs Need Distribution System Operators To Forecast Renewables and Manage Load
India is an attractive solar market with tremendous, long-term potential. The installation targets are aggressive; however, the investments in the sector have stymied due to counterparty credit risks from distribution ...
TCIL Invites Bids to Set Up 5 GW of Solar Projects Under CPSU Program by IREDA
Telecommunications Consultants India Limited (TCIL) has floated an expression of interest (EoI) to select partners for setting up grid-connected solar projects in India under the Central Public Sector Undertaking (CPSU) ...
Maharashtra Regulator Denies Solar Developer’s Plea to Return Bank Guarantee
The Maharashtra Electricity Regulatory Commission (MERC) has dismissed ACME Solar's plea for the return of performance bank guarantee (PBG). It said that the power purchase agreement (PPA) specifies conditions for ...
IREDA’s 5 GW Solar Projects Under the CPSU Program Comes With a ₹2.20/kWh Tariff Cap
The Indian Renewable Energy Development Agency (IREDA) has capped the tariff for the 5 GW of grid-connected solar power projects (Tranche III) under the central public sector undertaking (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 ...
IREDA Signs MoU to Support NHPC in Green Energy Projects for Five Years
Indian Renewable Energy Development Agency (IREDA), which falls under the administrative control of the Ministry of New & Renewable Energy (MNRE), signed a Memorandum of Understanding (MoU) with NHPC for ...
Daily News Wrap-Up: Lender for Renewables, IREDA Gets Revenue Target of ₹24.06 Billion
Here are some noteworthy cleantech announcements of the day from around the world: The Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding with the Ministry of ...
PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters
The Power Finance Corporation Limited (PFC), in a recent filing on the Bombay Stock Exchange (BSE), said that it had approved the infusion of ₹1.5 billion (~$20.4 million) in a ...
LoU from IREDA, PFC, REC to Serve as Bank Guarantees for Solar Tenders
Union Power Minister R.K. Singh has approved the proposal to accept letters of undertaking (LoU) from three non-banking financial institutions that can be used like bank guarantees in renewable tenders ...
IREDA Seeks Consultants for Wind and Solar Projects under GBI Program
The Indian Renewable Energy Development Agency (IREDA) has issued a request for proposal (RfP) seeking consultants for wind and solar projects under the generation-based incentives (GBI) program. Interested bidders are ...
RK Singh Addresses Renewable Industry Stakeholders, Emphasizes on Self-Reliance
The Union Power Minister, RK Singh, recently interacted with developers of generation and transmission projects in the power and renewable sectors. The minister reiterated the need for ‘Aatmanirbhar Bharat’ to ...
Despite COVID-19, About $7 Billion Worth of Solar Tenders Announced in Q1
While the global pandemic continues to affect the solar industry around the world, India announced 14 GW of solar tenders. Despite the pandemic, about 3.5 GW of solar projects were ...
Time is Now for RBI to Categorize Renewables as a Separate Sector, Remove Lending Limits
The rapidly expanding renewable energy in India accounted for almost 36% of India’s total power capacity mix at the end of the calendar year (CY) 2019. The country’s total installed ...
MNRE Mulls Alternatives for EMD & PBG to Ease Liquidity in the Solar Sector
MNRE is considering alternative arrangements for earnest money deposits (EMDs) and performance guarantees (PBGs) submitted by developers to Solar Energy Corporation of India (SECI) and the National Thermal Power Corporation ...
Madhya Pradesh’s RUMSL Seeks Consultants for Setting up Solar Parks
The Rewa Ultra Mega Solar Limited (RUMSL) has invited proposals from interested consultants for setting up solar parks in the state of Madhya Pradesh. The International Bank for Reconstruction and ...
