India

Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode

MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […]

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MNRE Slashes Benchmark Costs for Rooftop Solar Installations

MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […]

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Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility

Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […]

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Bid Extension for Tender for 10 MW Solar Projects in Jaipur

SECI has notified that the bid submission deadline for its tender for setting up of 10 MW grid-connected solar PV power project in Jaipur has been extended. The Solar Energy Corporation of India (SECI) has notified that the bid submission deadline for its tender, for the selection of Solar Power Developers (SPDs) for setting up […]

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SECI to Conduct Virtual Pre-Bid Meeting for 1070 MW Solar Tender

SECI will be conducting the pre-bid meeting for its tender for setting up of 1070 MW solar PV projects in Rajasthan through video conferencing. The Solar Energy Corporation of India (SECI) has announced that it will be conducting the pre-bid meeting for its tender (RfS) for setting up of 1070 MW Grid-connected Solar PV Projects […]

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Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu

Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […]

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Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […]

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TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing

Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […]

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NHPC Signs MoU With GEDCOL to Develop Floating Solar Projects in Odisha

NHPC has inked an MoU with GEDCOL to form a JV for developing floating solar energy projects in the state of Odisha with an initial capacity of 500 MW. State-run hydropower giant NHPC has announced that it has inked a Memorandum of Understanding (MoU) with the Green Energy Development Corporation of Odisha Limited (GEDCOL) to […]

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