Reduced Lock-In Period for Solar Projects Could Spur Foreign Investments and Liquidity
In October 2020, the Ministry for New and Renewable Energy (MNRE) released a series of amendments related to the tariff-based competitive bidding process to procure power from grid-connected solar projects ...
France and India Have A Crucial Partnership in Renewables: Mercom RE-Invest Session
The third global RE-Invest 2020, a three-day summit organized by the Ministry of New and Renewable Energy (MNRE), was inaugurated by Prime Minister Narendra Modi on November 26, 2020. The ...
SECI Modifies its 100 MW Solar Tender with Battery Storage to be Set Up in Chhattisgarh
The Solar Energy Corporation of India (SECI) has issued amendments to the tender document for 100 MW (AC) of solar power projects along with a 50 MW/150 MWh battery storage ...
New Solar Tariff Record of ₹2/kWh: Why Did it Go So Low?
The recent Solar Energy Corporation of India (SECI) auction for 1,070 MW of solar projects in the state of Rajasthan (Tranche-III) resulted in India's lowest solar tariff ever of ₹2 ...
Coal India Plans to Invest Over ₹56 Billion in 14 Solar Projects by March 2024
Coal India Limited (CIL) has announced that it would invest ₹56.50 billion ($763 million) by March 2024 to develop 14 solar power projects to help power its mining operations, according ...
India’s New Record for Lowest Solar Tariff is ₹2/kWh
The Solar Energy Corporation of India’s (SECI) auction for 1,070 MW of solar projects in Rajasthan set a record-low lowest (L1) tariff of ₹2 (~$0.0270)/kWh (Tranche-III), according to Mercom's sources ...
With the Commissioning of New Solar Projects, Azure’s Revenue Rises by 23% in Q2
Azure Power, a leading solar power developer, has announced its consolidated results for the second quarter (Q2) of the financial year (FY) 2021. As per the company's financial statement, the ...
Andhra Sets 30 Year PPA for 10 GW of Solar Projects Supplying Power to Farmers
The Government of Andhra Pradesh has adopted proposals suggested by the Andhra Pradesh Green Energy Corporation Limited (APGECL) to develop 10 GW of solar power capacity in the state to ...
Equity Lock-In Period Criteria Relaxed for Transmission Service Providers
The Ministry of Power (MoP) has issued amendments to the 'equity lock-in period' given in the standard bidding documents to select transmission service providers for interstate transmission system (ISTS) projects ...
SECI and OREDA Come Together to Develop Agro-Photovoltaic Projects in Odisha
The Solar Energy Corporation of India (SECI) has signed a Memorandum of Understanding (MoU) with the Odisha Renewable Energy Development Agency (OREDA) to develop solar energy projects in the state ...
Electricity Tribunal Grants Grid Connectivity to Avaada’s 100 MW Solar Project
The Appellate Tribunal for Electricity (APTEL), in reply to Avaada Energy's petition, has approved grid-connectivity for a 100 MW solar project in Maharashtra. The project was earlier caught in disputes ...
Should Solar Generators Worry About SECI Amid Rising Dues from DISCOMs?
Solar Energy Corporation of India (SECI) has started reimbursing renewable developers' claims falling under the 'change in law' clause. These reimbursements have been filed for the additional costs incurred by ...
Bidding Deadline for SECI’s 1.2 GW Solar-Wind Hybrid Tender Extended Again
The Solar Energy Corporation of India (SECI) has again extended the bid submission deadline for the 1.2 GW wind-solar hybrid tender. The tender was issued under Tranche III of the ...
SECI Released Over ₹4.5 Billion to Clear Dues of Solar and Wind Developers in September
The Solar Energy Corporation of India (SECI) paid out nearly ₹4.53 billion (~$61.6 million) for solar and wind power purchases in September 2020, according to the latest data. This amounted ...
Disagreement on Trading Margin Puts Sale of 50 MW of Wind Energy in Limbo
The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has dismissed DNH Power Distribution Corporation Limited's (DNHPDCL) request seeking the approval of the power sale ...
REC Subsidiary to Empanel Owner’s Engineer for Developing Solar Projects
The REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, has invited bids for the empanelment of owner's engineer for solar power projects across India. The tender ...
Solar Tenders Rise by 14% as Auctions Decline in Q3 2020
The government agencies announced about 6.3 GW of tenders in the third quarter Q3 of the calendar year (CY) 2020, an increase of 14% compared to the previous quarter, according ...
SECI to Empanel Agencies to Scale Innovative Electric Mobility Technologies
The Solar Energy Corporation of India (SECI) has floated an expression of interest (EoI) to empanel agencies to identify and implement business opportunities in the electric and transformative mobility space ...
Bids Invited for Renewable Energy-Based Power Solutions for the Himalayan Region
The Solar Energy Corporation of India (SECI) has invited bids to develop renewable energy-based solutions for meeting energy requirements in remote high-altitude areas (HAA) of the Himalayas. The project will ...
SECI Paid ₹4.6 Billion to Solar and Wind Developers in August 2020
The Solar Energy Corporation of India (SECI) paid nearly ₹4.6 billion (~$62.4 million) to solar and wind developers in August 2020, which amounted to almost 84% of the total amount ...
Power Sale Agreement for 16.8 GW of Renewable Projects Yet to be Signed: RK Singh
The Minister of New and Renewable Energy (MNRE), R.K. Singh, told the Lok Sabha that power supply agreements (PSAs) for 16.8 GW of renewable energy projects are yet to be ...
Maharashtra DISCOM and SECI Spar Over Solar Agreement, Dispute on Jurisdiction
The Maharashtra Electricity Regulatory Commission (MERC) asserted that it was the appropriate commission to adjudicate a dispute between the Solar Energy Corporation of India (SECI) and the Maharashtra State Electricity ...
SECI Announces Yet Another Deadline Extension for 97.5 MW Rooftop Solar Tender
The Solar Energy Corporation of India (SECI) has yet again extended the timeline for its tender for 97.5 MW of grid-connected rooftop solar systems on government building across the country ...
SECI Announces 100 MW Solar Tender with Battery Energy Storage in Chhattisgarh
The Solar Energy Corporation of India (SECI) has invited bids for a 100 MW (AC) solar power project along with a 50 MW/150 MWh battery energy storage system (BESS). The ...
Pooled Tariff: Answer to Selling Power from Manufacturing-Linked Solar Projects
The Solar Energy Corporation of India (SECI) has been looking for ways to ensure that power sale agreements (PSAs) are signed on time so that the renewable project construction activity ...
