Odisha’s GRIDCO to Procure 400 MW Wind Power from SECI
The Solar Corporation of India (SECI) has signed a power sale agreement (PSA) with Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the government of Odisha, for 400 ...
West Bengal DISCOM Floats O&M Tender for a 10 MW Solar Project
West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for a three-year operation and maintenance (O&M) contract for an existing 10 MW solar power project at Santaldih in the ...
Daily News Wrap-Up: Union Budget 2023 Focuses on Green Energy Transition
The Union Finance Minister Nirmala Sitharaman laid out an expansive budgetary outlay for expediting green transition as she identified ‘Green Growth’ as one of the seven pillars for Budget 2023 ...
SECI Pays ₹7.91 Billion to Solar and Wind Developers in November
The Solar Energy Corporation of India (SECI) has released ₹7.91 billion (~$96.6 million) in payments to solar and wind power generators for the power purchased in November 2022. The disbursal ...
Daily News Wrap-Up: SECI’s Green Energy Open Access Foray
The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions through open access to the commercial and industrial ...
SECI’s Green Energy Open Access Foray Worries Private Developers
The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions through open access to the commercial and industrial ...
Daily News Wrap-Up: JSW Receives LoA for 500 MW Battery Storage Project
Here are some noteworthy developments from around the world JSW Renew Energy Five, a special-purpose vehicle of JSW Energy, received a letter of award for a 500 MW standalone battery ...
SECI Mulls Offering Round-the-Clock Renewable Power Supply to C&I Segment
The commercial and industrial (C&I) segment is looking at round-the-clock power to make the transition to renewables, an area where the government-owned Solar Energy Corporation of India (SECI) can provide ...
Government Junks Reverse Auction for Wind Projects to Expedite Capacity Addition
In an expected but significant move for the wind sector, the Ministry of New and Renewable Energy (MNRE) said that it has decided to scrap the e-reverse bidding mechanism to ...
World Bank To Provide $200 Million for Two Solar Projects in India
The World Bank has signed agreements with the Government of India and the Solar Energy Corporation of India (SECI) for loans and grants worth $200 million to deploy renewable energy ...
Central Regulator Approves Peak Tariffs for Inter-State Renewable Projects
The Central Electricity Regulatory Commission (CERC) recently adopted the off-peak power tariff of ₹2.88 (~$0.035)/kWh for 1,200 MW of interstate transmission system (ISTS)-connected renewable energy projects (ISTS VII) with assured ...
Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs
The Ministry of Power has amended the Electricity Rules providing guidelines to implement the uniform renewable energy tariff for the central pool of projects connected to interstate transmission systems (ISTS) ...
SECI Invites Bids to Install 666,250 Off-Grid Solar Water Pumps Across India
The Solar Energy Corporation of India (SECI) is inviting bids to commission 666,250 off-grid solar water pumps with a capacity of 1-10 HP in select states across India under Component-B ...
Bihar Regulator Approves Procurement of 600 MW Solar Power at ₹2.50/kWh
The Bihar Electricity Regulatory Commission (BERC) has approved the procurement of 600 MW of solar power (Tranche VIII) by the state distribution companies (DISCOMs) from the Solar Energy Corporation of ...
Regulator Restrains SECI from Encashing Solar Developer’s Bank Guarantee
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Solar Energy Corporation of India (SECI) to return the performance bank guarantee to ReNew Power's subsidiaries. SECI had invoked the encashment ...
Top Wind Energy Tenders in 2022 [Infographics]
In 2022, a total of 8 GW of wind energy tenders were floated by various agencies, and 1.8 GW of wind projects were auctioned, according to Mercom India Research. Here ...
Top Wind-Solar Hybrid Tenders in 2022 [Infographics]
In 2022, a total of 4 GW of wind-solar hybrid tenders were floated by various implementing agencies, out of which 2.2 GW were auctioned, according to Mercom India Research. Here ...
Top Developments that Influenced Hybrid and Wind Power Market in 2022
The year 2022 saw heightened interest in hybrid power projects in the country. India has approximately 1.3 GW capacity installed under hybrid power projects and about 11 GW in the ...
Daily News Wrap-Up: MNRE Extends Timeline for Solar Projects Under CPSU Program
Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has granted a timeline extension until September 30, 2024, ...
Lowest Wind and Hybrid Power Tariffs in 2022 [Infographics]
The lowest tariff discovered in wind energy auctions in 2022 was ₹2.84 (~$0.036)/kWh, an increase of nearly 5.5% compared to the lowest tariff of ₹2.69 (~$0.038)/kWh quoted in the Tranche ...
SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender
SJVN, Scatec India II BV, and O2 Power have won Solar Energy Corporation of India’s (SECI) auction for 1.2 GW interstate transmission system (ISTS)-connected wind power projects (Tranche-XIII). SJVN won ...
Maharashtra Commission Allows BEST to Procure 234 MW of Solar Power
The Maharashtra Electricity Regulatory Commission (MERC) has approved the procurement of 234 MW of solar power by Brihanmumbai Electric Supply and Transport Undertaking (BEST) from Solar Energy Corporation of India ...
SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October
The Solar Energy Corporation of India (SECI) released ₹8.04 billion (~$98.6 million) in payments to solar and wind power generators for the power purchased in October 2022. The amount is ...
CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST
The Central Electricity Regulatory Commission (CERC) has reiterated that solar developers are entitled to compensation due to the higher expenses incurred after the Goods and Services Tax (GST) came into ...
Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects
Gensol Engineering announced that it has won the auction to develop 30 MW floating solar projects by quoting ₹2.32 billion (~$28.64 million). The projects will be spread over three thermal ...
