rewa

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Madhya Pradesh Invites Bids for 13.8 GW Pumped Hydro Storage Projects

Rewa Ultra Mega Solar (RUMSL), a joint venture of the Madhya Pradesh Urja Vikas Nigam (MPUVNL)and Solar Energy Corporation of India (SECI), has issued a request for...

May 19, 2023

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Gourav Mishra

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Energy Storage

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Tenders & Auctions
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NHDC Seeks to Procure Modules for 1,035 MW of Solar Projects in Madhya Pradesh’s Rewa

NHDC Limited, a joint venture of NHPC Limited and the Government of Madhya Pradesh, has floated a tender to purchase solar modules for 1,035 MW of projects in Madhya...

October 16, 2020

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Nithin Thomas

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Solar

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Tenders & Auctions
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Madhya Pradesh’s RUMSL Extends Bidding Deadline for 1.5 GW of Solar Projects

The Rewa Ultra Mega Solar Limited (RUMSL) has extended the deadline to submit bids for 1,500 MW of grid-connected solar projects to be developed across three solar parks...

April 24, 2020

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Anjana Parikh

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Solar

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Utility Scale
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ACME Solar to be Compensated for Cost Incurred After Introduction of Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate a solar power developer by accepting that the levy of safeguard duty was a ‘Change...

May 6, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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IREDA Loans $35 Million from World Bank to Rewa and Mandsaur Solar Projects

The Indian Renewable Energy Development Agency Limited (IREDA) has entered into a $35 million sub-loan agreement with the Rewa Ultra Mega Solar (RUMSL) for the...

February 1, 2018

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Saumy Prateek

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Finance and M&A

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Solar
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IFC to Loan $50 Million to Mahindra Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, will provide $50 million (~₹3.2 billion) as senior or IFC-A loan to Mahindra Renewables...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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World Bank Will Provide $100 Million to Develop Solar Parks in India

The Government of India (GoI) and the World Bank have signed agreements to develop large-scale solar parks in India. As part of the agreements the World Bank will...

November 21, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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Mercom Exclusive: Solar Park Costs on the Rise in India

Solar parks are a vital piece to India’s solar future and were designed to reduce bottlenecks and bring down large-scale project development costs by allocating land and...

May 9, 2017

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Raj Prabhu

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Mercom Research Focus

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Other
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Mercom Exclusive: Solar Tenders and Auctions Have Slowed in India

While solar installations in India have picked up speed, tender and auction activity has been slowing down over the last couple of quarters. According to Mercom’s...

April 4, 2017

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Raj Prabhu

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Mercom Research Focus

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Other
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Mercom Exclusive: Payment Delays are Increasing Risk and Project Costs for Solar and Wind Projects in Many States

Payment delays by distribution companies (DISCOMs) continue to pose a challenge for the growing renewable energy sector in India as it tries to achieve 175 GW of...

March 28, 2017

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Raj Prabhu

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Mercom Research Focus

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Other
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Renewable Energy Accounts for 16 Percent of India’s Energy Mix

Renewable energy generation in India continues to grow, accounting for ~16.10 percent of India’s energy mix. The country’s total installed power generation capacity is...

March 6, 2017

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Priya Sanjay

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Other

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Renewable Energy
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MNRE Releases Competitive Bidding Draft Guidelines for Solar Projects

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for tariff-based competitive bidding process for solar projects. Here are some key points...

March 2, 2017

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Saumy Prateek

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Markets & Policy

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Solar

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