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Power Purchase Agreement

Madhya Pradesh to Provide Cheapest Solar Power till Date

Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […]

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ReNew Power inks PPAs for 286 MW Solar Project in Telangana

The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […]

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Dairyland, Xcel Energy agrees to purchase electricity from multiple new solar facilities in Wisconsin

Last week on Wednesday two Wisconsin services announced projects that will roughly double the state’s solar energy generation capacity. Dairyland Power Cooperative has entered into agreement to purchase electricity from 12 new solar arrays with a combined capacity of almost 19 megawatts, while Xcel Energy will be purchasing up to 3 megawatts of electricity from […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants

The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […]

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NHPC REL Issues Bid For Rooftop Solar RESCO Projects In Sikkim

NHPC recently released a tender for its subsidiary NHPC Renewable Energy Limited (NHPC REL) to build a rooftop solar project in Sikkim. The Roof Top Developer (RTD) would develop the project to create grid-connected solar rooftop plants at various government buildings on RESCO Mode. The bids are accepted until February 24.  The NHPC project will […]

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GUVNL Issues 250 MW Wind Energy Tender With Greenshoe Option

GUVNL recently issued a 250 MW grid-connected wind power project tender to be set up anywhere in India (Phase IX). The project also offers an additional ‘Greenshoe Option’ of up to 250 MW. It’s inviting bids up till February 11, 2025. The successful bidder under this arrangement can also consider entering into a Power Purchase […]

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Maharashtra: BrightNight Commissions First Phase Of 115MW Hybrid RE Project

US-based BrightNight, a global renewable power producer, recently commissioned the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project in India. It’s also one of the first co-located wind-solar projects in Maharashtra. The project is located in Dharashiv, Southern Maharashtra, and spanning about 1400 acres, Optima Maharashtra integrates advanced wind and solar […]

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