Solar Panel

Madhya Pradesh Power Management Company Cancels PPAs for 100 MW of Solar

The Madhya Pradesh Power Management Company Limited (MPPMCL) has cancelled power purchase agreements (PPAs) for two 50 MW solar projects in Madhya Pradesh. These projects were being developed by a ...
/ Markets & Policy, Solar
IFC Loan Rewa Solar Solenergi Actis

IFC to Provide $50 Million Loan to Arinsun Clean Energy for 250 MW Solar Project in Rewa

The International Finance Corporation (IFC), a member of World Bank Group, will provide a $50 million (~₹3.2 billion) loan to Arinsun Clean Energy, a subsidiary of Solenergi Power Private Ltd ...
/ Finance and M&A, Solar
DCR Tender SECI Coal India

After Lull, DCR Tendering Begins in India

After a long lull, DCR tendering activity has picked up in India’s solar sector. The Solar Energy Corporation of India (SECI) tendered a 200 MW solar project under domestic content ...
/ Solar, Tenders & Auctions
Khajuraho - Kandariya Mahadeo Temple

MPERC Proposes Scrapping Must-Run Status of Renewable Energy Generation in Madhya Pradesh

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has proposed applying scheduling and merit order dispatch principles to energy generation from co-generating and renewable energy generating units from time to time, ...
/ Other, Renewable Energy
GRID-CONNECTED ROOFTOP SOLAR

MPUVNL Tenders 30 MW of Grid-Connected Rooftop Solar

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) tendered 30 MW of grid-connected rooftop solar to be installed across Madhya Pradesh on aggregated basis. The bid-submission deadline is August 16, ...
/ Solar, Tenders & Auctions
Rooftop.

MPUVNL Issues Tender to Standardize Rates for Grid-Connected Rooftop Solar Projects in Madhya Pradesh

Madhya Pradesh Uraja Vikas Nigam Limited (MPUVNL) has issued a tender for standardization of rates and selection of contractors for grid-connected rooftop solar PV projects from 1 kW to maximum ...
/ Solar, Tenders & Auctions
Guidelines for Disbursement of NCEF Grant for Intra-State Transmission System

MNRE Amends Guidelines for Disbursement of NCEF Grant for Intra-State Transmission System

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the disbursal of National Clean Energy Fund (NCEF) grant for the development of intra-state transmission system under ...
/ Grid, T&D
solar panel

NTPC Commissions 225 MW of Solar at Mandsaur in Madhya Pradesh

The National Thermal Power Corporation (NTPC) has commissioned 225 MW of solar out of the 250 MW solar project being developed at Mandsaur in Madhya Pradesh. The state-run power generator ...
/ Solar, Utility Scale
wind turbines

NTPC Tenders 250 MW of Wind

The National Thermal Power Corporation (NTPC) tendered 250 MW of wind to be developed across the states of Gujarat, Andhra Pradesh, Karnataka, and Madhya Pradesh in India. The bid-submission deadline ...
/ Other, Wind
Vikram Solar Project

NTPC Commissions 117 MW of Solar at Mandsaur Solar Project in Madhya Pradesh

The National Thermal Power Corporation (NTPC) commissioned 117 MW of solar out of the 250 MW being developed at Mandsaur in Madhya Pradesh. The state-run power generator stated in a ...
/ Solar, Utility Scale
POWER

India Expects Power Surplus of 8.8 Percent and Peak Surplus of 6.8 Percent in FY2017-18

According to the Central Electricity Authority (CEA) 2017 Load Generation Balance Report, a study on the anticipated power supply position for financial year (FY) 2017-18, India is expecting a power ...
/ Grid, Utilities
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
Solar Project

Government of Madhya Pradesh Signs Project Agreements for 750 MW Rewa Solar Park

The state government of Madhya Pradesh entered into project agreements with ACME Solar, Solenergi Power, and Mahindra Renewables on April 17, 2017, to develop the 750 MW Rewa Ultra Mega ...
/ Solar, Utility Scale
Wind Power Installed in India FY2016-17

5,400 MW of Wind Power Installed in India FY2016-17

Installed cumulative wind capacity in India has now crossed 32 GW. In the financial year (FY) 2016-17, wind projects aggregating 5,400 MW were installed across India, well over its target ...
/ Other, Wind
Month in a Minute

Month in a Minute: February 2017

Important Headlines and Data Points from the Indian Renewable Sector in February 2017 The 2017-18 budget proved to be a dampener for the Indian renewable energy sector. Manufacturing sector did ...
/ Other, Renewable Energy
New Record Low Solar Tariff of Rs.3.30/kWh Logged at Rewa Solar Park Auction in Madhya Pradesh, India

New Record Low Solar Tariff of Rs.3.30/kWh Logged at Rewa Solar Park Auction in Madhya Pradesh, India

First Year Tariff of Rs.2.97/kWh - One of the Lowest in the World In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new ...
/ Solar, Tenders & Auctions
BEL DCR Solar Tender

Bharat Electronics Limited Tenders 36 MW of Solar Projects under DCR Category

Bharat Electronics Limited (BEL) has tendered a total of 36 MW (AC) of solar under the domestic content requirement (DCR) category. The capacity comprises of two projects of 10 MW ...
/ Solar, Tenders & Auctions
Finance

ADB Approves $390 Million Financing Package for ReNew Power to Develop 709 MW of Solar and Wind in India

The Asian Development Bank (ADB) has approved a $390 million (~Rs.26.54 billion) financing package for ReNew Power, an Indian renewable energy project developer. The funds will be utilized to develop ...
/ Finance and M&A, Other
25 Indian States Fall Behind Solar RPO Targets

25 Indian States Fall Behind Solar RPO Targets

Twenty-five states in India have fallen behind their renewable purchase obligation (RPO) targets. The state-wise installation targets set by the Ministry of New and Renewable Energy (MNRE) have not been ...
/ Markets & Policy, Solar
Indian Solar Rooftop

Will New MNRE Incentives for DISCOMs Spur Solar Rooftop Growth in India?

The Ministry of New and Renewable Energy (MNRE) has announced financial assistance in the form of grants to distribution companies (DISCOMs) of up to Rs.3.75 million (~$55,000)/MW for rooftop solar ...
/ Markets & Policy, Solar
rooftop installer

Top Rooftop Installers in India

In India, the rooftop solar sector is beginning to show some growth. Within the past two years, cumulative rooftop solar installations have reached 605 MW, according to Mercom’s Solar India Quarterly Update ...
/ Rooftop, Solar
Green Energy Corridor

Can Green Energy Transmission Corridor Development Keep Up with Rapid Renewable Energy Growth in India?

Recognizing the need for transmission infrastructure to cope with increasing renewable energy capacity, India is developing the Green Energy Corridor (GEC), a transmission network to connect renewable energy rich states ...
/ Grid, T&D
Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

Mercom Forecasts Over 9 GW of Solar Installations in India for 2017

2016 Solar Installations to Come in at Approximately 4 GW Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar ...
/ Solar, Utility Scale
India Solar States

Mercom Exclusive: Top 10 Indian States Account for 90 Percent of the Country’s Large-Scale Solar Installations and Pipeline: a State by State Analysis

India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW as of December 2016, with the top 10 states accounting for approximately ...
/ Solar, Utility Scale
ReNew Power

ReNew Power Raises Rs.5 Billion Through Green Bonds

ReNew Power, announced its first public issue of non-convertible debentures (NCDs) with a face value of Rs.1 million (~$14,744) each, aggregating Rs.5 billion (~$73.72 million). Funding raised will be utilized ...
/ Finance and M&A, Solar