rewa-solar-park

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Top 5 Operational Solar Parks in India [Infographics]

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

June 26, 2020

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Anjana Parikh

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Mercom Research Focus

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Other
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Five of the World’s Largest Solar Parks to Come Up in India: IEEFA Report

Five of the world’s largest under-construction solar parks are located in India, as reported by the United States-based Institute for Energy Economics and Financial...

May 30, 2018

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Nitin Kabeer

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Solar

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Utility Scale
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Mahindra Renewables Achieves Financial Closure for 250 MW Project in Rewa Solar Park

Mahindra Renewables, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for a 250 MW grid-connected solar photovoltaic (PV) project being...

March 17, 2018

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Saumy Prateek

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Finance and M&A

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Solar
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Breaking: Payment Guarantee Approved for Rewa Solar Park Projects

The state cabinet of the Government of Madhya Pradesh, today, approved the payment guarantee to be provided to solar project developers in the Rewa Ultra Mega Solar...

September 27, 2017

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Saumy Prateek

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Solar

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Utility Scale
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IFC to Provide $50 Million Loan to Arinsun Clean Energy for 250 MW Solar Project in Rewa

The International Finance Corporation (IFC), a member of World Bank Group, will provide a $50 million (~₹3.2 billion) loan to Arinsun Clean Energy, a subsidiary of...

August 29, 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: India Power Utilities Performance Ratings – Some Improve, Some Don’t

According to the latest “Integrated Rating for State Power Distribution Utilities” report by the Ministry of Power, the four Gujarat state power distribution utilities...

May 22, 2017

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Raj Prabhu

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Grid

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Utilities
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BREAKING: New Record Low Tariff to be Set in India as Solar Bids Breach Rs.3/kWh in Bhadla Phase IV Auction

For the first time in India, solar bids have breached the Rs.3 (~$0.046)/kWh mark in the 250 MW Bhadla Phase IV Solar Park auction under the National Solar Mission (NSM)....

May 9, 2017

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Raj Prabhu

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Solar

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Tenders & Auctions
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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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A Record Year for India Forecasted with Approximately 10 GW of Solar Installations in 2017

Mercom Communications India, a subsidiary of Mercom Capital Group, today released its quarterly update on the Indian solar market. For the complete report, visit:...

May 1, 2017

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Raj Prabhu

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Solar

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Utility Scale
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Government of Madhya Pradesh Signs Project Agreements for 750 MW Rewa Solar Park

The state government of Madhya Pradesh entered into project agreements with ACME Solar, Solenergi Power, and Mahindra Renewables on April 17, 2017, to develop the 750 MW...

April 18, 2017

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Raj Prabhu

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Solar

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

The World Bank has approved $100 million (~Rs.6.5 billion) to develop solar parks in India. This includes a $75 million (~Rs.4.8 billion) loan from International Bank...

April 3, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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European Investment Bank to Provide EUR 200 Million (~$213 Million) Loan to State Bank of India for Large-Scale Solar

The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of India (SBI) which will be utilized to help develop large...

April 3, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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India’s Solar Park Capacity Increase from 20 GW to 40 GW Has Been Approved

The enhancement of India’s solar park program from 20 GW capacity to 40 GW capacity has received final administrative approval. The President of India has approved the...

March 24, 2017

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Raj Prabhu

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Solar

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Utility Scale
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World Bank to Provide $25 Million Loan to Develop Transmission at Rewa Solar Park

The World Bank Group is providing $25 million (~Rs.1.65 billion) to develop transmission infrastructure at the Rewa Solar Park. The loan is being provided at an interest...

March 15, 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 Tariffs in India Have Fallen by 73 Percent Since 2010

India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first...

March 14, 2017

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Raj Prabhu

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Mercom Research Focus

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Other

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