Important Headlines from India’s Renewable Industry in September 2019

Important Headlines from India’s Renewable Industry in September 2019

The month of September was a busy one for the Indian solar industry with the annual REI Expo held in the national capital between September 18 and 20, 2019. Besides ...
/ / Markets & Policy, Solar
Senegal Set to Commission its First Large Scale Wind Project of 158.7 MW

Senegal Set to Commission its First Large Scale Wind Project of 158.7 MW

Parc Eolien Taiba N’Diaye (PETN), a partnership between the Senegalese National Electricity Corporation (Senelec) and Amsterdam-based Lekela, is Senegal’s first large scale wind energy project. This is a critical part ...
/ / Other, Wind
Railways Management Company Announces Tender for 140 MW of Wind-Solar Hybrid Projects

SECI Issues Tenders for 1.2 GW of Wind, 1 GW of Solar, and 97.5 MW of Rooftop Projects

The Solar Energy Corporation of India Ltd. (SECI) recently issued three tenders for the expansion of renewable capacity in the country. The first tender is for setting up of 1,200 ...
/ / Markets & Policy, Solar
Maharashtra State Electricity Distribution Company Tenders 250 MW of Wind Projects

SECI’s 1.2 GW Wind Auction Sees Lowest Tariff of ₹2.82/kWh

Four wind project developers- Ostro Energy (300 MW), Adani Renewables (250 MW), Srijan Energy Systems (150 MW), and Powerica Limited (50.60 MW), have quoted the lowest tariff of ₹2.82 (~$0.040)/kWh ...
/ / Other, Wind
Maharashtra Sets ₹2.72/kWh as Generic Tariff for Solar and ₹2.87/kWh for Wind

Generic Tariff of ₹2.95/kWh Proposed for Wind Projects in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has proposed ₹2.95 (~$0.042)/kWh as the generic tariff for wind projects in the state. Once the proposal is finalized, it will become the ceiling ...
/ / Other, Wind
Safeguard and Other Major Important Announcements Governmentin Announcements for Solar and Other Renewables in India’s Renewables Sector in Julyne 2018

To Meet India’s 2022 Solar Target, MNRE Plans to Tender 60 GW of Projects by March 2020

With the goal to accelerate the expansion of solar and wind power to replace fossil fuel-based power and meet its 2022 target, India has now declared a trajectory that aims ...
/ / Markets & Policy, Solar
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
/ / Other, Wind
Suzlon Generates Revenues of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018.  It also announced that it commissioned 626 MW of wind power ...
ReNew Power Acquires Indian Energy Limited for ₹364 Million

ReNew Power Acquires Indian Energy Limited for ₹364 Million

Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in Indian Energy Limited (IEL) at a price of ₹364 million (~$5.545 million). In April 2018, ReNew ...
SECI Auctions 2 GW of ISTS-Connected Wind Projects to be Developed Across India

₹2.51/kWh Wins SECI 2 GW ISTS Wind Auction

The Solar Energy Corporation of India (SECI) has auctioned 2 GW of Interstate Transmission System (ISTS)-connected wind power projects under Tranche-IV. These projects can be developed anywhere in the country ...
/ / Other, Wind
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

The Solar Energy Corporation of India (SECI) has amended the guidelines for the Request for Selection (RfS) to develop 2 GW of Inter-State Transmission System (ISTS)-connected wind power projects under ...
Gujarat Tenders 500 MW of Wind Projects to be Developed Across the State

Gujarat Tenders 500 MW of Wind Projects to be Developed Across the State

Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 500 MW of wind projects to be developed across the state. The bid-submission deadline is April 2, 2018. Under this global tender, ...
/ / Other, Wind
SECI Tenders 2 GW of ISTS-Connected Wind Projects

SECI Tenders 2 GW of ISTS-Connected Wind Projects

To leverage the current decline in the wind tariffs, the Solar Energy Corporation of India (SECI) has tendered 2 GW of Inter-State Transmission System (ISTS)-connected wind power projects under Tranche-IV ...
/ / Solar, Tenders & Auctions
State Determined Feed-In Tariff to Apply to Small Solar and Wind Projects

Feed-In Tariffs to Make a Comeback in India for Small Solar and Wind Projects

The Ministry of New and Renewable Energy (MNRE) has issued a clarification that calls for procuring power from small solar and wind projects through feed-in tariffs determined by their respective ...
/ / Markets & Policy, Solar
MSEDCL Wind Tender 500 MW

MSEDCL Tenders 500 MW of Wind Projects to Meet Non-Solar RPO

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has tendered 500 MW of grid-connected wind projects to meet its non-solar Renewable Purchase Obligation (RPO). The bid-submission deadline is January 20, ...
/ / Other, Wind
Wind Auction GUVNL 500 MW

Breaking News: New Low Wind Tariff of ₹2.43/kWh Recorded in GUVNL’s 500 MW Auction

Wind power tariffs dropped to a record-low level of ₹2.43 (~$0.038)/kWh quoted in the Gujarat Urja Vikas Nigam Ltd. (GUVNL) 500 MW auction in Gujarat. This is even lower than ...
/ / Other, Wind
ReNew Power Acquires 103 MW of Wind Projects for over $155 Million

ReNew Power Acquires 103 MW of Wind Projects for over $155 Million

Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar (KCT) Group for over ₹10 ...
/ / Other, Wind
MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

Following a recent lull in tender activity, the Ministry of New and Renewable Energy (MNRE) is preparing to announce a spate of tenders for solar projects in the coming four ...
/ / Markets & Policy, Solar
Power Sale Agreement for 1 GW Wind signed SECI

Power Sale Agreement for 1,000 MW of Wind Projects Signed

Power Sale Agreement (PSA) for 1,000 MW of inter-state transmission system (ISTS)-connected wind projects has been signed. The Solar Energy Corporation of India (SECI) entered PSAs with distribution utilities/companies (DISCOMs) ...
/ / Other, Wind
MNRE SECI Wind 2 GW ISTS Program

Breaking: To Leverage Dip in Tariff, SECI to Tender 2 GW of ISTS-Connected Wind Projects in December 2017

The Solar Energy Corporation of India (SECI) will be tendering 2,000 MW of inter-state transmission system (ISTS)-connected wind projects to be developed across the windy states in December 2017. The ...
/ / Other, Wind
CERC Orders PGCIL Wind’s SPVs

CERC Orders PGCIL to Grant Connectivity to Inox Wind’s SPVs in Gujarat

The Central Electricity Regulatory Commission (CERC) has ordered the Power Grid Corporation of India Limited (PGCIL) to grant connectivity to Inox Wind’s special purpose vehicles (SPVs) in Gujarat. In its ...
/ / Other, Wind
KERC Wind Tariff Bidding

KERC Sets ₹3.74/kWh as Benchmark Tariff for Wind Projects in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has fixed ₹3.74 (~$0.058)/kWh as the generic tariff for wind projects in Karnataka. The new benchmark tariff will be applicable through March 31, 2018 ...
/ / Other, Wind
Inox Wind Adani Wind Order SECI

Inox Wind to Supply 100 MW of Wind Turbines to Adani for Wind Project in Gujarat

Inox Wind, a wind energy solutions providers, has closed a deal to develop a 100 MW wind power project for Adani Green Energy, part of the Adani Group, in Kutch, ...
/ / Other, Wind
Month in a Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in April 2017

Mercom India forecasts cumulative installations in the calendar year 2017 to reach 10 GW. The European Investment Bank (EIB) approved a EUR 200 million (~Rs.13.8 billion), 20-year loan to State Bank of ...
NREDCAP Tenders 4 MW of Wind in AP

NREDCAP Tenders 4 MW of Wind in Andhra Pradesh

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has tendered a 4 MW wind project in Andhra Pradesh. The bid-submission deadline is January 18, 2017. The estimated ...
/ / Other, Wind