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Power Purchase Agreement

CERC Turns Down PSEPL’s Petition Against NTPC to Refund Liquidity Damages

The Premise of the Order  Power Purchase Agreements dated 04.08.2016 were entered into between the petitioner – Parampujya Solar Energy Private Limited (PSEPL) and the respondent, NTPC. The petitioner is now seeking directions to NTPC Limited to accept the impact of Force Majeure events and extend the Scheduled Commissioning Date of the Project of the […]

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APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation

After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […]

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The Top List. Key Foreign Investors in Indian Renewable Sector

Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […]

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UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project

UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […]

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Ceylon Electricity Board Floats Tender for Solar PV Plants

The Ceylon Electricity Board (CEB) is seeking proposals from potential developers (project proponents) for the construction of ground-mounted and floating solar PV power plants with a combined capacity of 30 MW on a build-own-operate basis with a 20-year operational period.  The deadline for proposal submissions is October 27, 2022.  Within 10 months of the power […]

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Canadian Solar Wins 253 MWp Solar, 1,000 MWh BESS Project in Chile

Solar PV modules manufacturer and large scale solar project developer Canadian Solar has announced that the company has been awarded a 253 MWp solar plus 1,000 MWh battery energy storage project called ‘Zaldivar Project’ in Chile’s public tender held by Chile’s Energy National Commission (CNE) in July 2022. The official statement of Canadian Solar held […]

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MSEDCL Invites RFS of 1000 MW Solar Project in Maharashtra

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited a Request for Selection (RfS) of 1000 MW (AC) solar power from projects to be developed in Maharashtra through a competitive bidding process.  The last date for submitting the online bid is September 19, 2022, till 4:00 pm & bid will be open on the same […]

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