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Power Purchase Agreement

NTPC Defers 2,000 MW Solar Projects Auction

The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam

These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […]

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Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka

This project is expected to generate approximately 54,000 MWh of clean solar power every year. Publicly traded solar PV modules maker Canadian Solar said its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India has reached commercial operation in March 2018. Further, the company’s 35 MWp solar project is located in Bagalkot district […]

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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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Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor

This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […]

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India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA

Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […]

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NHPC’s 50 Megawatt Solar Project in TN Synchronized With Grid

The solar project shall provide an annual generation of 105 MU with sale of entire power to the TANGEDCO in accordance with the power purchase agreement.’ Tamil Nadu NHPC has synchronized a 50 MW solar PV project at Theni/Dindigul district of Tamil Nadu with the grid. ‘The project was synchronized with the grid last month in presence […]

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Anti-Dumping & Safeguard Duty: A Battle Still Remain to be Fought on the Ground

Inspite of, the Directorate General of Anti-Dumping (DGAD) has recently terminated the anti-dumping probe on import of solar cells and modules from China, Taiwan and Malaysia on the back of current petition withdrawn by the Indian Solar Manufacturers Association (ISMA) itself in March FY18. There’s still a journey of rocky road ahead to be travelled […]

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