Solar Tender and Auction Activity Surged in January 2020

Solar Tender and Auction Activity Surged in January 2020

Tender activity in January 2020 saw an increase of over 70% from the previous month with over 4 GWs of solar projects announced, according to Mercom India’s Solar Tender Tracker, ...
rewa solar park

Heavy Rains Wreak Havoc in Madhya Pradesh, Damage a 250 MW Solar Project

The onslaught of monsoon and severe weather has caused significant damage to a 250 MW solar PV project in Madhya Pradesh. Heavy rainfall and lightning accompanied by storm with wind ...
/ / Markets & Policy, Solar
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

Will Recent State Elections Impact India’s Solar Growth Trajectory?

Assembly elections were held in five Indian states - Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh, and Mizoram last week. Following the election outcomes, all four states except for Telangana, underwent a ...
/ / Mercom Research Focus, Other
3 GW of Solar Projects Tendered in October

3 GW of Solar Projects Tendered in October

More than 3 GW of solar projects were tendered in the month of October, which is more than double compared to September, according to Mercom’s India Solar Tender Tracker. This is ...
/ / Solar, Tenders & Auctions
Madhya Pradesh’s Rewa Ultra Mega Solar Limited Issues 1,500 MW Solar Tender

Madhya Pradesh’s Rewa Ultra Mega Solar Limited Issues 1,500 MW Solar Tender

Rewa Ultra Mega Solar Limited (RUMS) has tendered a total of 1,500 MW of grid-connected solar photovoltaic (PV) projects which will be developed across three solar parks in the state ...
/ / Solar, Tenders & Auctions
IREDA Loans $35 Million from World Bank to Rewa and Mandsaur Solar Projects

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 development of the Rewa and ...
/ / Finance and M&A, Solar
REWA Bid

The Four-Tier REWA Payment Security Model Responsible for Low Bids

The Rewa solar park auction heralded the dawn of falling solar tariffs in India with a low levelized bid of ₹3.30/kWh. There are two major reasons for such low tariffs ...
/ / Markets & Policy, Solar
Rewa Solar Park Projects

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 (RUMS) park. An ...
/ / Solar, Utility Scale
solar panel

NTPC Commissions 225 MW of Solar at Mandsaur in Madhya Pradesh

The National Thermal Power Corporation (NTPC) has commissioned 225 MW of solar out of the 250 MW solar project being developed at Mandsaur in Madhya Pradesh. The state-run power generator ...
/ / Solar, Utility Scale
Vikram Solar Project

NTPC Commissions 117 MW of Solar at Mandsaur Solar Project in Madhya Pradesh

The National Thermal Power Corporation (NTPC) commissioned 117 MW of solar out of the 250 MW being developed at Mandsaur in Madhya Pradesh. The state-run power generator stated in a ...
Solar Project

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 Rewa Ultra Mega ...
/ / Solar, Utility Scale
Tenders and Auctions

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 India Solar Project Tracker, ...
/ / Solar, Tenders & Auctions