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
MNRE Amendment_ Solar Projects Under State Specific Bundling Program

MNRE Amendment: Solar Projects Under State Specific Bundling Program Can Sell Power to Other States

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the state specific bundling program under which 3,000 MW of grid-connected solar photovoltaic (PV) projects are to ...
/ Markets & Policy, Solar
India’s Solar Auction Activity Falls 55% in October While Tenders Rise 25%

India’s Solar Auction Activity Falls 55% in October While Tenders Rise 25%

Solar project auction activity in October 2017 witnessed a steep 54.9% decline while tenders were up 25.3 percent compared to September 2017 in India. Major Tenders The Punjab State Power ...
/ Solar, Tenders & Auctions
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
Azure Power Records Revenue of $56.7 Million in the First Half of FY 2017-18

Azure Power Records Revenue of $56.7 Million in the First Half of FY 2017-18

Azure Power (NYSE: AZRE) announced its consolidated financial results for the fiscal second quarter 2017, period ending September 30, 2017. The company declared revenue of ₹3,701.7 million (~$56.7 million) for ...
/ Solar, Utility Scale
NTPC EV Charging

NTPC Seeks Pan India License to Set Up EV Charging Stations

The National Thermal Power Corporation (NTPC) is seeking a pan India license to construct and set up electric vehicle (EV) charging stations across India. As of now, under The Electricity ...
/ Electric Vehicles, Energy Storage
Electric Vehicles – The Next Big Cleantech Opportunity in India

Electric Vehicles – The Next Big Cleantech Opportunity in India

The electric vehicle (EV) market in India is slowly beginning to gain momentum after three years of relative inaction. However, India still lags far behind other nations when it comes ...
/ Electric Vehicles, Energy Storage
Solar Tariffs in DCR Auctions Decline

Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year

The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...
/ Solar, Tenders & Auctions
NSPCL Tenders Solar Project in West Bengal

NSPCL Tenders a 25 MW Solar Project in West Bengal

NTPC SAIL Power Company Limited (NSPCL), a joint venture of National Thermal Power Corporation (NTPC) and Steel Authority of India Limited (SAIL), tendered a 25 MW solar photovoltaic power project ...
/ Solar, Tenders & Auctions
Financing Activity in the Indian Solar Sector So Far This Year

BREAKING: Azure Power Wins NTPC’s 250 MW DCR Solar Auction with a Low Bid of ₹3.14/kWh

Azure Power has emerged as the lowest (L1) bidder in the recently conducted 250 MW solar auction. The project will be developed under the domestic content requirement (DCR) category. Azure ...
/ Tenders & Auctions
India Solar Auction Activity in September

India Solar Auction Activity Increases in September, Tender Announcements Fall

In September 2017, solar auction activity increased in India. Compared to the 76 MW auctioned in August, 602 MW of solar were auctioned in September. Meanwhile solar tender announcements witnessed ...
/ Solar, Tenders & Auctions
EV Charging Infrastructure Across India

Fortum and NBCC to Develop EV Charging Infrastructure Across India

Fortum, a renewable energy project developer, has signed a memorandum of understanding (MoU) with NBCC, a Government of India Navratna Enterprise, to develop electric vehicle (EV) charging infrastructure across India ...
/ Electric Vehicles, Energy Storage
NTPC Tenders Solar Projects

NTPC Tenders 22 MW of Solar Projects

In two separate tenders, the National Thermal Power Corporation (NTPC) tendered 22 MW of solar projects. The NTPC-SAIL Power Company Limited (NSPCL), a joint venture of NTPC and SAIL (Steel ...
/ Solar, Tenders & Auctions
Solar Tenders Under DCR Category

NTPC and SECI Announce 230 MW of Solar Tenders Under DCR Category

In two separate announcements, the National Thermal Power Corporation (NTPC) and the Solar Energy Corporation of India (SECI) tendered a combined 230 MW of grid-connected solar project. The NTPC tendered ...
/ Solar, Tenders & Auctions
Solar Project in Uttar Pradesh

Azure Power Commissions 50 MW Solar Project in Uttar Pradesh

Azure Power has commissioned a 50 MW grid-connected solar project in Uttar Pradesh. The project was tendered by NTPC under the National Solar Mission Phase-II, Batch-II, Tranche-I. In April 2016, ...
/ Solar, Utility Scale
Solar Power in Q2 2017

India Generated 5.5 Billion Units of Solar Power in Q2 2017, an 87 Percent Increase Over Q2 2016

Solar in India accounted for 5.5 billion units of electricity produced in the country during the second quarter (Apr-Jun) of 2017, an 87 percent increase over the second quarter of ...
/ Solar, Utility Scale
RelyOn Solar

26.9 MW of Small Solar Tenders Announced in India

Over 26.9 MW of solar tenders were announced in India during the week ending September 08, 2017, from 36.4 MW of solar tenders unveiled a week earlier. The largest tender ...
/ Solar, Tenders & Auctions
Solar Auctions Activity

Solar Auction Activity in India Falls of a Cliff in August

In August, solar auctions fell precipitously in India. Compared to the robust auction activity in June, solar auctions by MWs fell by 95% in August with only 76 MW. Solar ...
/ Solar, Tenders & Auctions
Govt. of India NTPC 5% Stake

Investors Get to Participate in India Solar Story with Government Sale of 5 Percent Stake in NTPC

The Government of India is selling a five percent stake in the National Thermal Power Corporation (NTPC), a state-owned public utility, and the largest power utility in India, for $1.03 ...
/ Finance and M&A, Solar
Solar Power Plant

Tata Power and Adani Top the List of India Solar Project Developers

As utility-scale solar in India takes off, two large power conglomerates – Tata Power and Adani – are leading project development activity. Cumulative large-scale solar installations reached ~13.6 GW in ...
/ Markets & Policy, Solar
Battery Energy Storage BHEL NTPC Tender

BHEL Looking to Partner With a Battery Energy Storage System Manufacturer

Bharat Heavy Electricals Limited (BHEL), an engineering, procurement and construction firm in India, is on the lookout for a battery energy storage system (BESS) manufacturer to form a partnership or ...
/ Solar, Tenders & Auctions
NTPC Solar Tenders DCR

NTPC Tenders 35 MW of Solar Under the DCR Category

The National Thermal Power Corporation (NTPC) has tendered 35 MW of solar under the domestic content requirement (DCR) category. The bid-submission deadline is October 12, 2017. The capacity tendered includes ...
/ Solar, Tenders & Auctions
Indian Domestic Manufacturers

7.5 GW CPSU Program Could Be a Game Changer for Indian Domestic Solar Manufacturers

Mercom recently broke the news that the Ministry of New and Renewable Energy (MNRE) has proposed developing 7.5 GW of solar by 2022 using domestically manufactured solar cells and modules ...
/ Markets & Policy, Solar
EVs Electric Vehicles India

India Plans to Deploy Seven Million Electric Vehicles by 2020

India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
/ Other, Other Energy
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