Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW Updated On Mon, Apr 21st, 2025 by Saurenergy In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […] Read more
Azure Power Announces Suspension of SEC Reporting Obligations Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable energy developer Azure Power Global Limited, which has most of it’s portfolio kf projects in India, has confirmed that the Company’s US Securities and Exchange Commission (“SEC”) reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act), were suspended on April 1, 2024. On October 31, 2023, […] Read more
Adani Green Meets Manufacturing Commitment, SECI Certifies Plant Updated On Fri, Aug 18th, 2023 by Saurenergy Adani Green Energy Ltd has informed the stock exchanges that its associate company, Mundra Solar Energy Ltd., has received approval for its solar photovoltaic plant from the Solar Energy Corp. of India. The renewables arm of the Adani Group received the commercial operational date certificate from SECI for solar PV cells and solar PV modules […] Read more
Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI Updated On Fri, Dec 24th, 2021 by Saurenergy In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its 6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […] Read more
AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear Updated On Tue, Dec 14th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […] Read more
Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects Updated On Thu, Nov 18th, 2021 by Saurenergy Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […] Read more
KSERC Approval for 300 MW Solar Buy Exposes Multiple Challenges Facing SECI, Developers Updated On Wed, Nov 17th, 2021 by Saurenergy In an order dated November 15, 2021, the Kerala state electricity regulatory commission (KSERC) finally allowed the state discom, Kerala State Electricity Board (KSEB) to procure 300 MW of Solar power from SECI from its tranche IX solar tenders, at a cost of Rs 2.44/kWh including trading commission. While many will see the order as […] Read more
SECI’s 1000 MW PSA Signing with TANGEDCO, Vital Step Forward For Mfg. Linked Tender Winners Updated On Mon, Sep 20th, 2021 by Saurenergy It says something for the dearth of good news we have had in the solar sector, that firms and even government bodies have taken to highlighting every step of the process from planning to tenders to winners to even the signing of PSA’s (power sales agreement) and PPA’s (Power Purchase Agreement) now. The backlog of […] Read more
Azure Power Hopeful of No Price Markdowns As PSA’s Finally Start on Its 4 GW Mfg Linked Win Updated On Thu, Sep 2nd, 2021 by Saurenergy At an analyst call post its Q1 results for 2022-23, Azure Power CEO Ranjit Gupta expressed the hope that there will be no price markdowns on the winning bid rates, for its 4 GW tender manufacturing linked tender wins. Azure had won a total project capacity of 4 GW, even as Adani Green Energy won […] Read more
