NTPC May Raise $2.49 Billion to Expand Electricity Generation Capacity

NTPC May Raise $2.49 Billion to Expand Electricity Generation Capacity

The National Thermal Power Corporation (NTPC) may hit the market next year to raise ₹160 billion (~$2.49 billion) for the expansion of its electricity generation capacity. According to a report by ...
/ Markets & Policy, Solar
India’s 100 MW Solar Target is at the Mercy of States and Conflicting Government Policies

India’s 100 GW Solar Target is at the Mercy of States and Conflicting Government Policies

India’s push to promote clean energy development marks an important chapter in its growth story that could create a more sustainable future, but only if its various government agencies can ...
/ Markets & Policy, Solar
CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants

CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants

To help tackle air pollution issues, the Ministry of Power has issued a policy that calls for using 5-10 percent of biomass pellets alongside coal for power generation in thermal ...
/ Biofuel, Other
NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

The National Thermal Power Corporation (NTPC) has announced that it will tender 20 GW of grid-connected solar photovoltaic (PV) projects in coming years. The decision was announced at the ninth ...
/ Solar, Tenders & Auctions
Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Fate of NTPC’s 750 MW Auction at Pavagada Solar Park Appears Uncertain

Speculation regarding the possible cancellation of the National Thermal Power Corporation’s (NTPC) auction for 750 MW of grid-connected solar at the Pavagada Solar Park has heated up again. The notion ...
/ Markets & Policy, Solar
SECI Invites EoIs to Develop 160 MW Solar Wind Hybrid Project with Energy Storage

SECI Invites EoIs to Develop 160 MW Solar Wind Hybrid Project with Energy Storage

The Solar Energy Corporation of India (SECI) has invited expressions of interest (EoIs) from engineering, procurement, and construction contractors to develop a 160 MW large-scale solar wind hybrid project with ...
/ Solar, Tenders & Auctions
Azure Power Commissions 100 MW Grid-Connected Solar Project in Telangana

Azure Power Commissions 100 MW Grid-Connected Solar Project in Telangana

Azure Power, an independent solar power producer, commissioned a 100 MW grid-connected solar photovoltaic (PV) project in Telangana. The 100 MW grid-connected solar PV project is spread over an area ...
/ Solar, Utility Scale
Tata Power Sets Up Additional EV Charging Stations in Mumbai

Tata Power Sets Up Additional EV Charging Stations in Mumbai

Tata Power has announced new additions to its strategic network of electric vehicle (EV) charging stations in India’s financial capital of Mumbai. The domestic integrated power company is developing two ...
/ Electric Vehicles, Energy Storage
NTPC Annuls 250 MW DCR Auction

NTPC Annuls 250 MW DCR Auction

The National Thermal Power Corporation (NTPC) has annulled a 250 MW Domestic Content Requirement (DCR) category auction, which was held in October 2017. A senior NTPC official confirmed the annulment ...
/ Solar, Utility Scale
PSA for Kadapa Solar Project Signed, PPA to be Signed on January 10

PSA for Kadapa Solar Project Signed, PPA to be Signed on January 10

The Power Sale Agreement (PSA) for the sale of power generated from the 250 MW solar project which will be developed in Andhra Pradesh’s Kadapa Solar Park, has been signed ...
/ Solar, Utility Scale
TPREL Commissions 50 MW DCR Solar Project in Pavagada Solar Park

TPREL Commissions 50 MW DCR Solar Project in Pavagada Solar Park

Tata Power Renewable Energy Ltd. (TPREL), a Tata Power subsidiary, has commissioned a 50 MW Domestic Content Requirement (DCR) category solar project at Pavagada Solar Park in Karnataka, which covers ...
/ Solar, Utility Scale
TPREL Commissions 100 MW Solar Project at Pavagada Solar Park

TPREL Commissions 100 MW Solar Project at Pavagada Solar Park

Tata Power Renewable Energy Ltd. (TPREL) has commissioned a 100 MW grid-connected solar project at the Pavagada Solar Park in Karnataka. The project was developed in two, 50 MW blocks ...
/ Solar, Utility Scale
Not Disheartened by Cancellation of Energy Storage Tenders in India_ IESA Director

Not Disheartened by Cancellation of Energy Storage Tenders in India: IESA Director

There is a growing market for battery and energy storage in India, but the pace of that growth is manifesting in a slow and steady manner as sector participants await ...
/ Markets & Policy, Solar
Development Status of Pavagada Solar Park and Projects

In-Depth Report: Development Status of 2 GW Pavagada Solar Park and Projects

Mercom recently visited the Pavagada Solar Park, and gained valuable insight into the nuances and challenges of park development. When complete, Pavagada will be the largest solar park in the ...
/ Markets & Policy, Solar
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