5 Lowest Solar Tariffs of 2020
The COVID-19 pandemic has affected project deadlines, availability of labor, and component supplies in 2020. However, solar tariffs continue to fall, with the lowest ever recorded tariffs discovered just this ...
BHEL Issues Module Mounting Structures Tender for a 75 MW Solar Project
Bharat Heavy Electricals Limited (BHEL) has issued a request for quotation (RfQ) for the supply of module mounting structures for Gujarat State Electricity Corporation Limited’s (GSECL) solar projects in the ...
Abu Dhabi’s 2 GW Al Dhafra Solar Project Records World’s Lowest Tariff of $0.0135/kWh
The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower), has received the lowest ever tariff for its 2 GW solar project. The record low ...
Rajasthan Asks Bidders to Match Counter-Offer for 45 MW of Rooftop Solar Projects
The Rajasthan Renewable Energy Corporation Limited (RRECL) has decided to issue the award of work for 45 MW of rooftop solar projects. The RRECL has issued the counter-offer to the ...
France’s Technique Solaire Commissions 20 MW of Solar Project in Maharashtra
French company Technique Solaire has commissioned a total capacity of 20 MW (AC) of solar projects in Maharashtra. This is the second project of the company in India. This ground-mounted ...
Dubai’s 900 MW Solar Auction Sees Record Low Tariffs
The International Company for Water and Power Projects (ACWA Power) has quoted the lowest tariff bid at less than ~$ 0.017/kWh for 900 MW of solar projects. The tender was ...
NTPC Wins Uttar Pradesh’s 500 MW Solar Auction with Lowest Tariff of ₹3.02/kWh
The National Thermal Power Corporation (NTPC) has emerged as the lowest bidder in the auction for 500 MW of grid-connected solar projects conducted by the Uttar Pradesh New and Renewable ...
Madhya Pradesh Increases Rooftop Solar Tender Capacity from 25 MW to 32 MW
Madhya Pradesh’s earlier tender for the installation of 25 MW of grid-connected rooftop solar photovoltaic (PV) projects has now been increased to 32 MW. The projects, tendered by the Madhya ...
Lowest Bid of ₹2.54/kWh Against Ceiling Tariff of ₹2.65/kWh Wins SECI’s 1.2 GW Solar Tender
The Solar Energy Corporation of India Ltd. (SECI) has successfully concluded the auction for 1,200 MW of interstate transmission system (ISTS)-connected solar projects to be developed across India. SECI had ...
SECI’s 1.2 GW Wind Tender Undersubscribed by 50% Owing to Tariff Cap and Land Woes
The Solar Energy Corporation of India’s (SECI) tender for 1,200 MW of ISTS-connected wind power projects on a pan-India basis under tranche-VII has been undersubscribed by 50%. SECI had tendered ...
Gujarat Reissues Tender for 700 MW of Solar After Scrapping the Auction Citing High Tariff
The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a revised Request for Selection (RfS) for 700 MW of grid-connected solar photovoltaic (PV) power projects to be set up under ...
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 ...
Uttarakhand Irrigation Department Invites Proposals for 40.84 MW of Solar Projects
The Uttarakhand Irrigation Department (UID) has issued a Request for Proposal (RfP) for the installation of 40.84 MW of solar PV projects on the periphery of Tumaria and Haripura dams ...
Gujarat Scraps Another Solar Auction for 700 MW Citing High Solar Park Charges
The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for 700 MW of grid-connected solar photovoltaic projects in the state. This is the second time that ...
India’s First Mega Solar-Wind Hybrid Auction Sees Lowest Tariff of ₹2.67/kWh
In the first mega solar-wind hybrid auction conducted in the country by the Solar Energy Corporation of India (SECI), a tariff of ₹2.67 (~$0.03794)/kWh emerged as the lowest (L1) one ...
Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction
The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
Why the 2.4 GW Solar Auction Was Cancelled
A few weeks ago, news that the Solar Energy Corporation of India (SECI) cancelled 2.4 GW of auctioned solar capacity made the headlines. The capacity cancelled was part of the ...
Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh
Solar tariffs quoted by project developers have remained firmly above the ₹3 (~$0.040)/kWh mark in Uttar Pradesh. The Lowest (L1) tariff of ₹3.17 (~$0.043)/kWh was quoted in the recent solar ...
Lowest Tariff of ₹2.76/kWh Wins SECI’s 1,200 MW Wind Auction
A winning tariff of ₹2.76 (~$0.038)/kWh emerged in the 1,200 MW Tranche-V wind auction conducted by the Solar Energy Corporation of India (SECI). Torrent Power quoted the lowest (L1) tariff ...
Will the Lowest Bid Breach ₹2.44/kWh Mark in the Upcoming SECI 3 GW Solar Auction?
Tariffs are expected to tumble to record lows in the upcoming SECI 3 GW Inter-State Transmission System (ISTS)- connected solar auction. As of June, the tender was oversubscribed by 2.1 ...
Solar Tariffs Hover Around ₹2.98-3.06/kWh in GUVNL’s 500 MW Auction
Solar tariffs hovered around the ₹3 (0.0462)/kWh mark in the latest 500 MW grid-connected solar photovoltaic (PV) auction held by Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL had tendered the ...
Solar Bids Hit Low of Rs.3/kWh in the SECI 500 MW Rooftop Auction
The Solar Energy Corporation of India (SECI) has released a country-wide list of lowest prices from the 500 MW rooftop capacity auction. The list reveals some of the lowest tariffs ...