Commission Adopts Tariff for SECI’s 1,070 MW of Solar Projects in Rajasthan

Commission Adopts Tariff for SECI’s 1,070 MW of Solar Projects in Rajasthan

Rajasthan Electricity Regulatory Commission (RERC) has accepted the petition filed by Rajasthan Urja Vikas Nigam Limited (RUVNL) for the adoption of tariff discovered through a transparent bidding process for 1,070 ...
/ / Solar, Tenders & Auctions
The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on a build-own-operate (BOO) basis. SECI will enter into an agreement with the successful bidders selected based on the request for selection (RfS) for 25 years as per the terms, conditions, and provisions of the RfS. As this is only a notice announcing the tender, no details about the projects to be developed are available yet. The detailed tender document is likely to be made available on August 31, 2021. This is the largest tender announced for energy storage in India. Most other energy storage tenders were in combination with renewable energy sources, while this is for a standalone energy storage system. Last month, NTPC Limited invited expression of interest from Indian and global companies to set up 1,000 MWh of grid-connected battery energy storage systems (BESS) on the premises of its power projects across India. Interested applicants would be invited to undertake projects at single or multiple NTPC stations to set up facilities and scalable models for further additional requirements. According to Mercom’s India Solar Tender Tracker, SECI has issued 373 MW of solar tenders for projects with BESS as of December 2020. In December 2020, SECI floated a tender for a 20 MW solar project with a 50 MWh battery energy storage system. The project will be set up in Phyang, located in Leh district of the union territory of Ladakh. Mercom had earlier reported that SECI issued amendments to the tender document for 100 MW (AC) of solar power projects along with a 50 MW/150 MWh battery storage system. The project is slated to be developed at Rajnandgaon in Chhattisgarh. As per the amendments issued by SECI, the annual capacity utilization factor (CUF) guarantee has been removed. In the previous version, it was mentioned that if the contractor failed to achieve the annual guaranteed CUF (36.5%) at the end of the tenth year, then the contractor was liable to pay a compensation amount equal to the net present value of the revenue loss for 10th to 25th year. If the CUF was less than the guaranteed CUF, the contractor had to compensate as liquidated damages, equivalent to the remuneration of the equivalent energy, subject to a maximum of 100% of the total annual operation maintenance cost.

SECI Floats Tender for 2,000 MWh of Standalone Energy Storage Systems

The Solar Energy Corporation of India (SECI) has issued a notice inviting a tender for 2,000 MWh of standalone energy storage systems. The projects have to be set up on ...
Daily News Wrap-Up: NTPC to Set Up a 4,750 MW Solar Park in Rann of Kutch

Daily News Wrap-Up: NTPC to Set Up a 4,750 MW Solar Park in Rann of Kutch

Here are some noteworthy cleantech announcements of the day from around the world: NTPC REL, a 100% subsidiary of NTPC and its green energy arm, will set up a 4,750 ...
/ / Other, Renewable Energy
IndiGrid Completes Acquisition of 100 MW Solar Projects from Fotowatio for ₹6.6 Billion

IndiGrid Completes Acquisition of 100 MW Solar Projects from Fotowatio for ₹6.6 Billion

The Indian power sector’s first infrastructure investment trust (InvIT), IndiGrid, announced the completion of the acquisition of a 100% stake in two solar assets with a cumulative capacity of 100 ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: NTPC to Set Up Green Hydrogen Mobility Project in Ladakh

Daily News Wrap-Up: NTPC to Set Up Green Hydrogen Mobility Project in Ladakh

Here are some noteworthy cleantech announcements of the day from around the world: NTPC REL, the renewable energy arm of NTPC, has signed a memorandum of understanding with the union ...
Solar Tender Activity up Year-over-Year in Q2 While Auctions Slowed

Solar Tender Activity Up Year-over-Year in Q2 While Auctions Slowed

According to Mercom India Research, government agencies announced tenders for 8.5 GW of solar projects in the second quarter (Q2) of the calendar year (CY) 2021, a 19% decrease compared to ...
NTPC Floats EPC Tender for 500 MW of Solar Projects

NTPC Floats EPC Tender for 500 MW of Solar Projects

NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The successful bidder will ...
Daily News Wrap-Up: NTPC Aims to Install 60 GW of Renewable Capacity by 2032

Daily News Wrap-Up: NTPC Aims to Install 60 GW of Renewable Capacity by 2032

Here are some noteworthy cleantech announcements of the day from around the world: NTPC Limited has declared its Energy Compact Goals at the United Nations High-Level Dialogue on Energy (HLDE) ...
NTPC Floats Tender for 1,000 MWh of Battery Energy Storage Systems

NTPC Floats Tender for 1,000 MWh of Battery Energy Storage Systems

NTPC Limited has invited expression of interest (EoI) from Indian and global companies to set up 1,000 MWh of grid-connected battery energy storage systems (BESS) on the premises of its ...
EoI Issued to Procure Solar, Bundled Power from NTPC’s Nokh Solar Project

EoI Issued to Procure Solar, Bundled Power from NTPC’s Nokh Solar Project

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Limited, has invited bids to procure solar and round-the-clock solar bundled with thermal power from NTPC’s 735 MW Nokh ...
NTPC Releases Tender for a 4 MW Solar Project with Battery Storage in Noida

NTPC Releases Tender for a 4 MW Solar Project with Battery Storage in Noida

NTPC Limited has invited bids to install a 4 MW ground-mounted solar project with a 1 MW/1 MWh battery energy storage system (BESS) and induction-based cooking system at the NTPC ...
NTPC Floats Tender for Hydrogen Fuel Cell-Based Pilot Projects

NTPC Floats Tender for Hydrogen Fuel Cell-Based Pilot Projects

India’s leading power generator NTPC has issued an expression of interest (EoI), inviting bids for hydrogen fuel cell-based pilot projects. The last date for submission of bids is July 10, ...
Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment

Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment

The Ministry of Power has issued a discussion paper on market-based economic dispatch (MBED) of power and has requested the stakeholders to provide their comments on the matter by June ...
Solar Developer and NTPC Spar Over GST Compensation Claim

Solar Developer and NTPC Spar Over GST Compensation Claim

Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
/ / Markets & Policy, Solar
NTPC Subsidiary Floats Tender to Procure Land for Solar Projects in Maharashtra

NTPC Subsidiary Floats Tender to Procure Land for Solar Projects in Maharashtra

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC, has invited bids to purchase land for setting solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana in ...
Daily News Wrap-Up Tata Power Solar to Build a 210 MW Solar Project for NTPC

Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
CERC Approves Tariff for 2 GW of ISTS Solar Projects

CERC Approves Tariff for 2 GW of ISTS Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The ...
Daily News Wrap-Up Vikram Solar Sets Up 85 MW Solar Project for NTPC

Daily News Wrap-Up: Vikram Solar Sets Up 85 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Solar module manufacturer Vikram Solar has completed an 85 MW solar project for NTPC at Bilhaur, Kanpur, ...
Rising Sun Extends Bid Submission Deadline for 190 MW Solar EPC Tender

Rising Sun Extends Bid Submission Deadline for 190 MW Solar EPC Tender

Rising Sun Energy, a New Delhi-based independent power producer, has extended the bid submission deadline for engineering, procurement, and construction of 190 MW grid-connected solar projects at Nokh Solar Park ...
Tata Power Subsidiary Wins Maharashtra’s 250 MW Solar Auction Quoting ₹2.51/kWh

Tata Power Subsidiary Wins Maharashtra’s 250 MW Solar Auction Quoting ₹2.51/kWh

TP Saurya, a Tata Power subsidiary, was declared the winner in the Maharashtra State Power Generation Company’s (MAHAGENCO) auction for setting up 250 MW of grid-connected solar photovoltaic projects at ...
NTPC Invites Bids for 600 MW of ISTS-Connected Wind -Solar Hybrid Projects

NTPC Invites Bids for 600 MW of ISTS-Connected Wind-Solar Hybrid Projects

NTPC Limited has invited bids to develop interstate transmission system (ISTS)-connected wind-solar hybrid projects of capacity up to 600 MW anywhere in India. NTPC will develop the hybrid power projects ...
NTPC Floats EPC Tender for 1.2 GW of Solar Projects in Rajasthan

NTPC Floats EPC Tender for 1.2 GW of Solar Projects in Rajasthan

NTPC Limited has invited bids for engineering, procurement, and construction (EPC) package with land development for 1,200 MW of grid-connected solar power projects in Rajasthan. The successful bidder will also ...
NVVN to Enlist EPC Contractors for Rooftop Solar Projects Across India

NVVN to Enlist EPC Contractors for Rooftop Solar Projects Across India

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC, has invited bids to enlist engineering, procurement, and construction (EPC) contractors for the design, supply, construction, testing, and commissioning ...
Daily News Wrap-Up_ Coal India Prepares for Solar Manufacturing, Project Development

Daily News Wrap-Up: Coal India Prepares for Solar Manufacturing, Project Development

Here are some noteworthy cleantech announcements of the day from around the world: Coal India Limited (CIL) has announced the formation of two wholly-owned subsidiaries for undertaking solar photovoltaic manufacturing ...
/ / Other, Renewable Energy
IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South ...
/ / Grid, Market & Policy