Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producers, Électricité de France S.A. and NTPC, signed a memorandum of understanding (MoU) to explore ...
/ / Other, Renewable Energy
Solar Auctions Activity Increases in Q3 2021 While Tenders Slowed

Solar Auctions Activity Increases in Q3 2021 While Tenders Slowed

Government agencies announced tenders for 5.8 GW of solar projects in the third quarter (Q3) of the calendar year (CY) 2021, a 31% decline compared to 8.5 GW in the previous ...
Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032

Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has revised its renewable energy targets to 60 GW by 2032. The revision aligns with the ...
/ / Other, Renewable Energy
NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC Limited, SJVN, NHPC, NLC India, and IRCON International were declared winners in the Indian Renewable Energy Development Agency’s (IREDA) auction for 5 GW of grid-connected solar projects (Tranche-III) under ...
/ / Solar, Tenders & Auctions
BHEL Commissions NTPC’s 25 MW Floating Solar Photovoltaic Project in Andhra Pradesh

BHEL Commissions NTPC’s 25 MW Floating Solar Photovoltaic Project in Andhra Pradesh

Bharat Heavy Electricals Limited (BHEL) has commissioned the 25 MW floating solar photovoltaic (PV) project at NTPC’s site in Simhadri, Andhra Pradesh. BHEL claims it has designed a complex module ...
/ / Floating Solar, Solar
CERC Adopts Tariff of ₹2.63kWh for a 300 MW Solar Project

CERC Adopts Tariff of ₹2.63/kWh for a 300 MW Solar Project

The Central Electricity Regulatory Commission (CERC) adopted the tariff of ₹2.63 (~₹0.036)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for a 300 MW solar project as requested by NTPC  in ...
/ / Markets & Policy, Solar
It is Still Early Days for New Solar Module Technologies to Gain Wider Acceptance

It is Still Early Days for New Solar Module Technologies to Gain Wider Acceptance

Mercom hosted a webinar on September 8, 2021, to discuss the impact of the rapidly changing module manufacturing landscape on the project's levelized cost of energy (LCOE). The webinar focused ...
/ / Markets & Policy, Solar
NTPC Floats Tender for 300 MW of ISTS-Connected Wind Projects

NTPC Floats Tender for 300 MW of ISTS-Connected Wind Projects

NTPC Limited has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. The scope of work includes detailed design, engineering, micro-siting, manufacture, ...
/ / Other, Wind
RUMSL’s Issues Letters of Award to Winners in the Three Solar Auctions for 1,500 MW

RUMSL’s Issues Letters of Award to Winners in the Three Solar Auctions for 1,500 MW

The winners of the three auctions conducted by Rewa Ultra Mega Solar Limited (RUMSL) for 1,500 MW of solar projects to be developed at the Agar Solar Park, Shajapur Solar ...
/ / Solar, Tenders & Auctions
NTPC Floats O&M Tender for a 15 MW Solar Project in Madhya Pradesh

NTPC Floats O&M Tender for a 15 MW Solar Project in Madhya Pradesh

NTPC Limited has invited bids for the operation and maintenance (O&M) of a 15 MW solar power project at Jayant, Singrauli in Madhya Pradesh. The last date to submit the ...
/ / Solar, Tenders & Auctions
NTPC Plans to Raise ₹50 Billion Term Loan to Finance Renewable Energy Expansion

NTPC Plans to Raise ₹50 Billion Term Loan to Finance Renewable Energy Expansion

NTPC Limited has invited offers from banks and financial institutions to raise ₹50 billion (~$672 million) as rupee term loans. The loan proceeds would be utilized towards capital expenditure for ...
/ / Finance and M&A
Bids Invited to Hire Consultants for a 55 MW Solar Project in Uttar Pradesh

Bids Invited to Hire Consultants for a 55 MW Solar Project in Uttar Pradesh

Meja Urja Nigam Private Limited (MUNPL), a joint venture of NTPC and the Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL), has invited bids to hire consultants to prepare a detailed ...
/ / Solar, Tenders & Auctions
NTPC Invites EoI for Pilot Project on Green Hydrogen-Natural Gas Blending

NTPC Invites EoI for Pilot Project on Green Hydrogen-Natural Gas Blending

NTPC Limited has issued an expression of interest (EoI) for Indian and global companies to set up a pilot project on green hydrogen blending with natural gas in the city ...
/ / Other, Renewable Energy
BHEL Releases O&M Tender for NTPC's 25 MW Floating Solar Project in Andhra Pradesh

BHEL Releases O&M Tender for NTPC’s 25 MW Floating Solar Project in Andhra Pradesh

Bharat Heavy Electricals Limited (BHEL) has invited bids for the operation and maintenance (O&M) of a 25 MW floating solar power project at NTPC Simhadri in Andhra Pradesh for 36 ...
/ / Solar, Tenders & Auctions
Solar Developers Finding it Difficult to Bid Below ₹2.50kWh As ALMM Takes Effect

Solar Developers Finding it Difficult to Bid Below ₹2.50/kWh as ALMM Takes Effect

Solar developers are finding it challenging to execute solar projects with a tariff lower than ₹2.50 (~$0.034)/kWh with the Approved List of Models and Manufacturers (ALMM) restrictions. According to the ...
NTPC Renewable Invites Bids to Install Green Hydrogen Fueling Station in Leh, Ladakh

NTPC Renewable Invites Bids to Install Green Hydrogen Fueling Station in Leh, Ladakh

NTPC has invited online bids on behalf of its wholly-owned subsidiary – NTPC Renewable Energy (NTPC REL) – from eligible bidders to install a hydrogen fueling station for a pilot ...
/ / Other, Renewable Energy
NTPC Targets 60 GW of Renewable Energy Capacity by 2032

NTPC Targets 60 GW of Renewable Energy Capacity by 2032

In its annual investor presentation, NTPC Limited has announced its plans to install 60 GW of renewable energy capacity by 2032. Of the target, NTPC Renewables is expected to develop ...
/ / Other, Renewable Energy
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) ...