SECI Seeks Developers for 200 MW of ISTS-Connected Renewable Projects

SECI Seeks Developers for 200 MW of ISTS-Connected Renewable Projects

The Solar Energy Corporation of India (SECI) has issued a notice inviting proposals for the development of renewable projects that would be connected with the inter-state transmission system (ISTS). According ...
/ / Other, Renewable Energy
EBRD Approves $329 Million to Support Kazakhstan Renewables Framework

EBRD Approves $329 Million to Support Kazakhstan Renewables Framework

The European Bank for Reconstruction and Development (EBRD) has approved ~$329 million (₹23.6 billion) for the Kazakhstan Renewables Framework to support the country’s drive as a regional leader to promote ...
/ / Other, Renewable Energy
Release Bank Guarantees within 45 Days of Solar and Wind Project Completion: MNRE

Release Bank Guarantees within 45 Days of Solar and Wind Project Completion: MNRE

The Ministry of New and Renewable Energy (MNRE), through a letter, has directed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantee (PBGs) for the solar ...
/ / Markets & Policy, Solar
Adani Green Records 40% Revenue Increase As New Renewable Projects Begin Generation

Adani Green Records 40% Revenue Increase As New Renewable Projects Begin Generation

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its financial report for the first quarter (Q1) of the financial year (FY) 2020, ending June ...
/ / Finance and M&A, Solar
Indian Oil Corporation Plans to Invest ₹250 Billion in Renewable Energy Projects

Indian Oil Corporation Plans to Invest ₹250 Billion in Renewable Energy Projects

The Indian Oil Corporation (IOC) plans to diversify its business verticals and make significant investments to the tune of ₹250 billion (~$3.48 billion) in clean energy projects like solar, wind, ...
/ / Finance and M&A, Other
Andhra Pradesh Government Now Says it Will Only Target PPAs of Corrupt Wind Projects

Andhra Pradesh Government Now Says it Will Only Target PPAs of Corrupt Wind Projects

In a welcome development, the ongoing feud between the renewable industry and the new administration in the state of Andhra Pradesh could be deescalating. The state government may take a ...
/ / Other, Wind
SECI’s 1.8 GW Wind Tender Left Undersubscribed with Bids for Only 551 MW

SECI’s 1.8 GW Wind Tender Left Undersubscribed with Bids for Only 551 MW

The Solar Energy Corporation of India (SECI)’s tender to set up 1,800 MW of inter-state transmission system (ISTS)-connected wind power projects under tranche VIII has been undersubscribed by 1,249 MW ...
/ / Other, Wind
JERC Issues Draft Generic Tariff Order for Solar, Wind and Small Hydro Projects in Goa

JERC Issues Draft Generic Tariff Order for Solar, Wind and Small Hydro Projects in Goa

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar, wind and small hydro ...
/ / Markets & Policy, Solar
DISCOMs Across States Owe Nearly ₹30 Billion to Renewable Generators_ CEA

DISCOMs Across States Owe Nearly ₹30 Billion to Renewable Generators: CEA

The Central Electricity Authority (CEA) has found that distribution companies across the country owe dues totaling ₹30.12 billion (~$420 million) to renewable energy projects aggregating 5,982 MW. Last week, Mercom reported that ...
/ / Other, Renewable Energy
Uphold Must-Run Status of Solar & Wind Projects: High Court to Andhra Pradesh

Stop Curtailing Solar and Wind Power: High Court to Andhra Pradesh

The Amaravati High Court has issued an order asking the state load despatch center (SLDC) and the state’s transmission company (APTRANSCO) to stop the curtailment of power from solar and ...
/ / Markets & Policy, Solar
MNRE Warns States: Honor ‘Must Run’ Status of Solar and Wind Energy

MNRE Warns States: Honor ‘Must Run’ Status of Solar and Wind Energy

The Ministry of New and Renewable Energy (MNRE) has issued a letter to the chief secretaries of all states and union territories, asking them to ensure that ‘must run’ status ...
/ / Markets & Policy, Solar
SECI Tenders 1.2 GW of Solar-Wind Storage Projects with Assured Peak Power Supply

SECI Tenders 1.2 GW of Solar-Wind Storage Projects with Assured Peak Power Supply

The Solar Energy Corporation of India Limited (SECI) has issued a Request for Selection (RfS) for setting up 1.2 GW of renewable projects connected with the interstate transmission system (ISTS) ...
MNRE Clarifies Renewables Fixed Charges Calculation for Payment Security Mechanism

MNRE Clarifies Renewables Fixed Charges Calculation for Payment Security Mechanism

The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding fixed charges in the newly issued payment security mechanism regulations. The ministry has stated that in the case ...
/ / Other, Renewable Energy
Solar Continues to Shine, Makes Up 8.7% of India’s Total Power Capacity in June 2019

Solar Continues to Shine, Makes Up 8.7% of India’s Total Power Capacity as of June 2019

Renewable energy capacity additions crossed 120 GW mark (including large hydro) and accounted for nearly 35.4% of India’s capacity mix at the end of June 2019. The share of solar ...
Gujarat Asks Wind Developers to Match Lowest Tariff, Only Two Agree

Gujarat Asks Wind Developers to Match Lowest Tariff, Only Two Agree

The Gujarat Urja Vikas Nigam Limited (GUVNL) had requested the winning bidders in its recently concluded wind power auction to match the lowest bid of ₹2.8 (~$ 0.04). Only two ...
/ / Other, Wind
Government’s Advisory on How to Avail ISTS Waiver for Solar & Wind Projects

Government’s Advisory on How to Avail ISTS Waiver for Solar & Wind Projects

The Government of India has issued an advisory for submitting required documents for the waiver of interstate transmission system (ISTS) charges and losses on the transmission of electricity generated from ...
/ / Grid, Market & Policy
After High Court’s Stay on PPA Revision, Andhra Pradesh Begins Curtailing Wind Power

After High Court’s Stay, Andhra Pradesh Begins Curtailing Wind Power Severely

The situation in Andhra Pradesh has become a matter of concern for solar and wind project developers. The issue has escalated over the past week with renewable developers approaching the ...
/ / Other, Wind
Ministry of Power Amends Competitive Bidding Guidelines for Wind Procurement

Ministry of Power Amends Competitive Bidding Guidelines for Wind Procurement

The Ministry of Power (MoP) has amended the competitive bidding guidelines for the procurement of power from grid-connected wind energy projects. This is the first time that these competitive bidding guidelines for ...
/ / Other, Wind
Adani Floats Tender for 350 MW of Hybrid Wind-Solar Projects to Meet its RPO

Adani Floats Tender for 350 MW of Hybrid Wind-Solar Projects to Meet its RPO

Adani Electricity Mumbai Limited (AEML) has issued a Request for Selection (RfS) for establishing 350 MW of grid-connected wind-solar hybrid power projects. An additional 350 MW capacity has been tendered ...
Andhra Pradesh Government Justifies its Stance on Revisiting of Solar & Wind PPAs

Andhra Pradesh Government Justifies its Stance on Revisiting of Solar & Wind PPAs

Justifying its decision to renegotiate Power Purchase Agreements (PPAs) for solar and wind projects signed by the previous government led by Chandrababu Naidu, the new government of Andhra Pradesh has ...
/ / Markets & Policy, Solar
India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA

India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA

With its focus on India’s aim to achieve 40% non-fossil fuel generation capacity in the country’s power generation mix by 2030, the Central Electricity Authority (CEA) has released a draft report on ...
/ / Demand Response, Grid
RK Singh Asks Andhra Pradesh CM to Exercise Restraint in Solar & Wind PPA Renegotiations

RK Singh Asks Andhra Pradesh CM to Exercise Restraint in Solar & Wind PPA Renegotiations

The Minister for Power R. K. Singh has written to Andhra Pradesh Chief Minister Jaganmohan Reddy, cautioning him to practice restraint when it comes to renegotiations of power purchase agreements ...
AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India

AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India

The Asian Infrastructure Investment Bank (AIIB) has announced that it will provide a $100 million loan to L&T Infrastructure Finance Company Limited (LTIF). The loan proceeds will be used to ...
/ / Finance and M&A, Solar
Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

The revised 2019-2020 budget for Rajasthan has introduced various grants for the renewable energy sector. The chief minister of Rajasthan, Ashok Gehlot, in his budget speech, mentioned that the new ...
Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff

Clouds of uncertainty are hovering over 1,000 MW of wind projects in Gujarat. After awarding the capacities in May 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now asked ...
/ / Other, Wind