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Power Purchase Agreement

Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka

Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […]

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CERC Approves Tariff for 480 MW Solar PV Projects

SECI’s trading margin of Rs.0.07/kWh has also been approved The Central Electricity Regulatory Commission (CERC) has approved a petition filed by the Solar Energy Corporation of India (SECI) for approval of power purchase agreement (PPA) tariff and SECI’s trading margin for sale of power from 480 MW grid-connected solar PV projects. The power will be […]

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Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL

Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […]

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BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE

The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […]

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Banpu to Acquire 37.6 MW El Wind Mui Dinh Wind Farm

Acquisition is Valued at $66 million Banpu Public Company Limited, a leading integrated energy solutions company in Asia-Pacific, is acquiring the 37.6 MW El Wind Mui Dinh Wind Farm. The acquisition is valued at $66 million. The El Wind Mui Dinh Wind Farm has been operational since April 23, 2019. According to a company release, […]

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200 MW Harvest Ridge Wind Farm is Operational

Walmart is one of the offtakers from the wind project EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has completed the construction its 200 MW Harvest Ridge wind farm in Douglas County, Illinois, USA. Through […]

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Ayana Renewable Acquires Solar Assets Worth 40 MW in Karnataka

Ayana Renewable Power has announced the acquisition of a 100 percent equity stake in two First Solar developed solar plants, with a total capacity of 40 MW. Ayana Renewable Power Private Limited (Ayana) has announced the acquisition of a 100 percent equity stake in two First Solar developed photovoltaic (PV) solar power plants, with a […]

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SECI Extends Deadline for 15 MW Floating Solar Tender in Himachal

SECI has extended the bid submission deadline for its tender for setting up of 15 MW grid-connected floating solar PV power plant in Himachal Pradesh. The Solar Energy Corporation of India (SECI) in its latest notification has announced that it has extended the bid submission deadline for its tender for the selection of solar power […]

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MERC Directs MSEDCL to Compensate Solar PV Project Developers

Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […]

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