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Power Purchase Agreement

PM KUSUM: PEDA Issues Bid For Solarizing 75,000 Agricultural Pumps

The Punjab Renewable Energy Development Agency (PEDA) has issued a tender seeking parties who can install and operate grid-connected solar pumps. Through this tender, the state nodal agency has planned to solarise 75,000 grid connected agricultural pumps through RESCO mode. These bidders will be selected through a tariff-based competitive bidding process through e-reverse auction through […]

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India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL

CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […]

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Change In FDRE Bidding Norms Can Aid RE Growth: EMBER

EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […]

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ACME, SAEL, Essar, Onward, NTPC REL Winners Of 1.2 GW SJVN Solar Tender

SJVN Limited has announced the winners of its 1.2 GW solar tender, in which included Acme Solar Holdings, SAEL Industries, Essar Renewables, Onward Solar Power, and NTPC Renewable Energy (NTPC REL), as the successful bidders at an average tariff of Rs. 2.52/kWh. Under this tender, SJVN has allocated 300 MW each to Acme Solar, Essar […]

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10 Rules To Remember For Peer-To-Peer Solar Trading In Karnataka

Months after releasing the draft regulations to regulate the peer-to-peer solar energy transactions in Karnataka, the Karnataka Electricity Regulatory Commission (KERC) has approved the final regulation. The new KERC (Implementation of Peer-to-Peer Solar Energy Transaction) Regulations, 2024 is now all set to come into force with its notification in the official gazette.  The new regulations […]

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Bihar Plans To Develop Canal Solar, Issues Tender

The Bihar State Power Generation Company Limited (BSPGCL) has issued a tender to boost the growth of solar power plants along selected canals (canal solar) in the state. The state nodal department has identified five locations in the state where these plants will be installed. The last date for submission of the bids is August […]

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Sunkind Energy Secures Solar Projects in Punjab, Maharashtra

Gurugram-based solar EPC company Sunkind Energy has secured new solar power projects with a capacity of around 20 megawatts (MW). The contracts have been awarded by Nahar Group and Jindal Group, the company said in a statement on August 5, 2024. Sunkind stated that it will set up a capacity of 7.3 MW in Ludhiana, […]

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SECI Issues Tender For 2GW Solar Projects With Storage

The Solar Energy Corporation of India Limited (SECI) has issued a tender for 2000 Megawatt (MW) of Inter-State Transmission System (ISTS)-connected solar projects with storage facilities. The SECI tender also talked about a provision for 1000 MW/4000 MWh Energy Storage Systems (ESS), to be awarded through a tariff-based competitive bidding. The deadline for bid submission […]

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Largescale Solar Generation Specialist (P3)

Reporting to the Chief of PPIC, the Large-scale Generation Specialist will spearhead the planning and design of programmes and policies for ISA. This role will primarily focus on solar park projects, encompassing large-scale ground-mounted and floating solar installations. This pivotal role involves applying global best practices, crafting suitable business models, and deploying them across ISA […]

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