SoftBank, Actis, and CDC Group Companies Win SECI’s 750 MW Solar Auction

SoftBank, Actis, and CDC Group Companies Win SECI’s 750 MW Solar Auction

The Solar Energy Corporation of India (SECI) has auctioned 750 MW of grid-connected solar photovoltaic (PV) capacity to be developed at the Kadapa Solar Park in the state of Andhra ...
SECI Tenders 950 MW of Grid-Connected Solar

Breaking: SECI Tenders 950 MW of Grid-Connected Solar Projects

The Solar Energy Corporation of India (SECI) has announced two new separate tenders for 950 MW of grid-connected solar photovoltaic (PV) projects in the states of Karnataka and Andhra Pradesh ...
/ / Solar, Tenders & Auctions
PPA for the 250 MW Solar Project in Kadapa Solar Park to be Signed Soon

PPA for the 250 MW Solar Project in Kadapa Solar Park to be Signed Soon

The Power purchase agreement (PPA) for the 250 MW grid-connected solar photovoltaic (PV) project to be developed in Kadapa Solar Park will be signed soon. An Andhra Pradesh State Power ...
/ / Markets & Policy, Solar
Kadapa Solar PPA Not Yet Signed

PPA Still Not Signed for 250 MW Kadapa Solar Park Project

The power purchase agreement (PPA) for a 250 MW grid-connected solar project at Kadapa Solar Park has not yet been signed, adding to the increasing uncertainty in India’s solar sector ...
/ / Solar, Utility Scale
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
Under-Construction Solar Project

NTPC Looking for Off-taker for 250 MW Kadapa Solar Park after APSPDCL Refuses to Sign PPA

The National Thermal Power Corporation (NTPC) is on the lookout for an off-taker to procure solar power from the 250MW Kadapa solar park in Andhra Pradesh. The NTPC had tendered ...
/ / Solar, Utility Scale
Tender

SECI Cancels 950 MW of Solar Tenders with Plans to Re-tender as it Renegotiates with States for Lower Tariff

The Solar Energy Corporation of India (SECI) has cancelled solar tenders aggregating 950 MW. The cancelled capacities include projects tendered in the Kadapa and Pavagada Solar Parks under JNNSM Phase-II, ...
Solar Park

Mercom Exclusive: Solar Park Costs on the Rise in India

Solar parks are a vital piece to India’s solar future and were designed to reduce bottlenecks and bring down large-scale project development costs by allocating land and providing transmission infrastructure, ...
/ / Solar, Utility Scale
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in April 2017

Mercom India forecasts cumulative installations in the calendar year 2017 to reach 10 GW. The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of ...
Solar Installations

A Record Year for India Forecasted with Approximately 10 GW of Solar Installations in 2017

Mercom Communications India, a subsidiary of Mercom Capital Group, today released its quarterly update on the Indian solar market. For the complete report, visit: MercomQ12017IndiaSolarReport The Indian solar sector is ...
/ / Solar, Utility Scale
modules

Mercom Exclusive: Domestic Content Requirement Tenders are all but Disappearing

The domestic content requirement (DCR) category, the mandate for solar projects in India to utilize domestically manufactured solar modules and cells, was instituted in the Jawaharlal Nehru National Solar Mission ...
/ / Solar, Tenders & Auctions
Utility Scale

Mercom Exclusive: Pent Up Demand for Projects Results in Record Low Bid of Rs.3.15/kWh at the Kadapa Solar Auction in India

The solar tariff in India hit a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0487)/kWh, which was 4.5 percent lower than the Rs.3.30 (~$0.0494)/kWh (levelized over 25 years) quoted ...
/ / Solar, Tenders & Auctions
Kadapa Solar

Breaking: NTPC’s 250 MW Kadapa Solar Auction in India Sees Record Low Winning Bid of Rs.3.15/kWh

Solar tariff in India touched a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0486)/kWh, which is 4.5 percent lower than Rs.3.30 (~$0.0494)/kWh (levelized over 25 years) quoted at the Rewa ...
NTPC Retenders 250 MW Solar Project at Kadapa Solar Park

NTPC Retenders 250 MW Solar Project at Kadapa Solar Park

The National Thermal Power Corporation (NTPC) has invited bids to develop a 250 MW solar project at the Kadapa Solar Park in Andhra Pradesh. The project is to be developed under the ...