India Auctioned 2 GW of Solar Projects in August 2018

Tata, GIPCL Quote a Tariff of ₹2.75/kWh in Gujarat’s Dholera Solar Park Auction for 250 MW

Of the 1 GW solar capacity that was tendered in January 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now auctioned 250 MW of solar projects at Dholera Solar ...
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

Lowest Quoted Tariff Dips to ₹2.48/kWh in SECI’s 750 MW Solar Auction for Rajasthan

Four solar project developers - Fortum Solar (250 MW), ACME Solar (250 MW), Sitara Solar (100 MW), and Palimarwar Solar (40 MW), have quoted the lowest tariff of ₹2.48 (~$0.0349)/kWh ...
UPC Solar Quotes Lowest Tariff of ₹2.55/kWh in Gujarat’s 500 MW Solar Auction

UPC Solar Quotes Lowest Tariff of ₹2.55/kWh in Gujarat’s 500 MW Solar Auction

Paryapt Solar, a special purpose vehicle by UPC Solar, has emerged as the lowest bidder by quoting a tariff of ₹2.55 (~$0.035)/kWh to develop 50 MW in the recent auction conducted ...
/ / Solar, Tenders & Auctions
Tirupati Smart City Invites Tender for 6 MW of Solar Projects

Maharashtra Auctions 1 GW of Solar Projects at Lowest Tariff of ₹2.74/kWh

Shiv Solar and ACME Solar have quoted the lowest tariff of ₹2.74 (~$0.038)/kWh in the recent auction conducted by the  Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the purchase of ...
/ / Solar, Tenders & Auctions
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

Gujarat Scraps Another Solar Auction for 700 MW Citing High Solar Park Charges

The Gujarat Urja Vikas Nigam Limited (GUVNL) has scrapped the recently conducted auction for 700 MW of grid-connected solar photovoltaic projects in the state. This is the second time that ...
/ / Solar, Tenders & Auctions
TEPSOL and Shapoorji Pallonji Infra to Develop 100 MW of Solar Projects in Karnataka

TEPSOL and Shapoorji Pallonji Infra to Develop 100 MW of Solar Projects in Karnataka

The Karnataka Renewable Energy Development Limited (KREDL) has awarded 100 MW of grid-connected solar projects to be developed across five talukas of the state. The capacity has been awarded following a ...
/ / Solar, Tenders & Auctions
Uttar Pradesh Comes up with a 550 MW Solar Tender

Gujarat’s 700 MW Solar Auction Sees Lowest Tariff of ₹2.84/kWh

Lowest tariff of ₹2.84 (~$0.0406)/kWh was quoted in the solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for 700 MW of solar power projects. The projects are ...
/ / Solar, Tenders & Auctions
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

Uttar Pradesh Invites Bids to Set Up 200 MW Solar Park

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids from a selection of solar park developers to develop 200 MW solar park in the state through ...
/ / Solar, Tenders & Auctions
NTPC Retenders 25 MW of Solar Projects with Battery Storage in Andaman & Nicobar

NTPC and ACME Solar in a Tariff Dispute over Recent 2 GW Solar Auction

The National Thermal Power Corporation (NTPC) and project developer ACME Solar have been embroiled in a legal battle pertaining to a recent solar auction for the development of 2 GW ...
/ / Solar, Tenders & Auctions
L1 Tariff of ₹2.91/kWh Quoted in 550 MW KREDL Grid-Connected Solar Project Auction

Giriraj Renewables Wins Auction for 150 MW of Solar at Pavagada Quoting ₹2.92/kWh

Giriraj Renewables has won the auction to develop 150 MW of grid-connected solar photovoltaic (PV) projects in the Pavagada Solar Park in Tumkur district of Karnataka. Karnataka Renewable Energy Development ...
/ / Solar, Tenders & Auctions
Aditya Birla Quotes Lowest Tariff of ₹2.44/kWh in GUVNL’s 500 MW Solar Auction

Asian Fab Tec to Develop 100 MW of Solar Projects in Karnataka at a Tariff of ₹2.89/kWh

The Karnataka Renewable Energy Development Limited (KREDL) has awarded 100 MW of grid-connected solar photovoltaic (PV) projects to be developed across five talukas of the state. The capacity awarded is part ...
/ / Solar, Tenders & Auctions
Why the 2.4 GW Solar Auction Was Cancelled

Why the 2.4 GW Solar Auction Was Cancelled

A few weeks ago, news that the Solar Energy Corporation of India (SECI) cancelled 2.4 GW of auctioned solar capacity made the headlines. The capacity cancelled was part of the ...
/ / Solar, Tenders & Auctions
Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh

Uttar Pradesh’s 500 MW Solar Auction Sees Lowest Tariff of ₹3.17/kWh

Solar tariffs quoted by project developers have remained firmly above the ₹3 (~$0.040)/kWh mark in Uttar Pradesh. The Lowest (L1) tariff of ₹3.17 (~$0.043)/kWh was quoted in the recent solar ...
/ / Solar, Tenders & Auctions
Lowest Tariffs Drops to ₹1.38/kWh in Madhya Pradesh’s 8.6 MW Rooftop Solar Auction

Lowest Tariff Drops to ₹1.38/kWh in Madhya Pradesh’s 8.6 MW Rooftop Solar Auction

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has auctioned 8.6 MW of grid-connected rooftop solar under RESCO II model. The projects will be developed at more than 13 locations ...
/ / Solar, Tenders & Auctions
Aditya Birla Quotes Lowest Tariff of ₹2.44/kWh in GUVNL’s 500 MW Solar Auction

Lowest Tariff of ₹2.44/kWh Wins GUVNL’s 500 MW Solar Auction

Lowest (L1) tariff of ₹2.44 (~$0.0338)/kWh has been quoted in the recent auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) for 500 MW of grid-connected solar photovoltaic (PV) projects ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

India’s leading renewable energy project developer, Adani Green Energy Limited, has announced that the Solar Energy Corporation of India (SECI) has annulled a recent 300 MW worth of solar tender ...
Lowest Tariff of ₹2.59/kWh Wins NTPC's 2 GW Solar Auction

Lowest Tariff of ₹2.59/kWh Wins NTPC’s 2 GW Solar Auction

Lowest (L1) tariff of ₹2.59 (~$0.0372)/kWh was quoted in the auction held by the National Thermal Power Corporation (NTPC) to develop 2 GW of interstate transmission system (ISTS)-connected solar photovoltaic ...
/ / Solar, Tenders & Auctions
Recent 1 GW Solar Tender Floated by Uttar Pradesh Stands Annulled

Recent 1 GW Solar Auction by Uttar Pradesh Stands Annulled

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW of grid-connected solar photovoltaic (PV) projects across the state ...
Will the Lowest Bid Breach 2.44/kWh in the Upcoming SECI 3 GW Auction?

Will the Lowest Bid Breach ₹2.44/kWh Mark in the Upcoming SECI 3 GW Solar Auction?

Tariffs are expected to tumble to record lows in the upcoming SECI 3 GW Inter-State Transmission System (ISTS)- connected solar auction.  As of June, the tender was oversubscribed by 2.1 ...
/ / Markets & Policy, Solar
SoftBank, Actis, and CDC Group Companies Win SECI’s 750 MW Solar Auction

SoftBank, Actis, and CDC Group Companies Win SECI’s 750 MW Solar Auction

The Solar Energy Corporation of India (SECI) has auctioned 750 MW of grid-connected solar photovoltaic (PV) capacity to be developed at the Kadapa Solar Park in the state of Andhra ...
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy

ACME, Shapoorji, Hero, Mahindra, Azure & Adani Win SECI’s 2 GW Solar Auction

ACME Solar, Shapoorji Pallonji, Hero Solar, Mahindra Susten, Mahoba Solar (Adani), and Azure Power have emerged as the winners in the recently conducted auction by the Solar Energy Corporation of ...
SECI’s 2 GW ISTS-Connected Solar PV Tender Oversubscribed by 1.8 GW

SECI’s 2 GW ISTS-Connected Solar PV Tender Oversubscribed by 1.8 GW

The Solar Energy Corporation of India (SECI)’s 2 GW inter-state transmission system (ISTS)-connected grid-connected solar photovoltaic (PV) tender has been oversubscribed by 1.8 GW, highlighting the voracious appetite of developers ...
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

SoftBank Wins SECI Auction to Develop 200 MW of Solar Projects Quoting ₹2.82/kWh

The Solar Energy Corporation of India (SECI) has auctioned 200 MW of grid-connected solar photovoltaic (PV) projects to be developed at the Pavagada solar park located in Tumkur district of ...
Sprng Energy, Ayana and SB Energy are the Winners in 750 MW NTPC Auction

Sprng Energy, Ayana and SB Energy are the Winners in 750 MW NTPC Auction

Sprng Energy, Ayana Renewable Power, and SB Energy were winners in the recently conducted auction by the National Thermal Corporation of India (NTPC) for 750 MW of solar projects in ...
Solar Tariffs Hover Around ₹3/kWh in GUVNL’s 500 MW Solar Auction

Solar Tariffs Hover Around ₹2.98-3.06/kWh in GUVNL’s 500 MW Auction

Solar tariffs hovered around the ₹3 (0.0462)/kWh mark in the latest 500 MW grid-connected solar photovoltaic (PV) auction held by Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL had tendered the ...