SPV

Ultratech To Not Pay Unnecessary Charges For Captive Solar Plant: RERC

The Rajasthan Electricity Regulatory Commission (RERC) in its latest judgement exempted Ultratech and its Special Purpose Vehicle (SPV)-Amplus Dakshin Private Limited (ADPL) against payment of cross subsidy, water cess and other charges for a captive solar plant based in Rajasthan.  As per the petition of Ultratech Cement Limited (UTCL), ADPL was incorporated as a SPV […]

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MNRE Extends Deadline For Self Certification of Solar Inverters

The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar PV inverters up to December 31, 2023. This comes after the earlier deadline of June 30, 2023 lapsed a few days back. The ministry claimed that the decision was taken in the light of dearth of test facilities in […]

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SunSource Commissions 9 MW Solar Open Access Project in UP for Varun Beverages

A firm that provides solar-based energy and storage solutions, SunSource Energy has shared that it has commissioned a 9 MW (DC) solar open access project in Uttar Pradesh (UP) for Varun Beverages. Varun Beverages is a noted player in the beverage industry and among the largest franchisees of PepsiCo in the world. The PPA paves […]

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Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter

Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […]

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Adani Green Energy Buys 3 SPVs from Inox Green Energy

Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […]

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Solar PV inverters To Continue Under Self Certification Regime till Dec 31, 2021

The Ministry of New and Renewable Energy (MNRE) has issued a notification allowing self certification of Solar Photovoltaic Inverters (SPV)  from June 30, 2021, to December 31, 2021. The notification was issued on August 4. The notification does add the condition that the manufacturers doing so must have valid International Electrotechnical Commission certificates and test […]

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MNRE Issues Notification for Quality Control Order on SPV Goods

Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […]

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BHEL Gets EPC Orders Worth Over Rs 125 Cr to Set-up Solar PV Plants in Gujarat

The company has bagged the first order from Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of a 20 MW SPV power plant. State-owned Bharat Heavy Electricals Ltd (BHEL) has won the two orders in Gujarat worth aggregating more than Rs 125 crore for setting up of Solar Photovoltaic (SPV) power plants on Engineering, Procurement […]

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SECI’s 70 MW Amguri Solar Park Tender to Close on May 22

The maximum tariff payable to the project developer is fixed at Rs 3.43/ kWh for 25 years. The Solar Energy Corporation of India’s (SECI’s) tender for setting up of 70 MW grid-connected solar PV (SPV) power project at Amguri Solar Park in Assam will be closed on May 22, 2018. In February this year, SECI […]

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