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NHPC Call For Bids For 1.2 GW Solar Park Project At UP

NHPC on behalf of Bundelkhand Saur Urja Limited (A Joint Venture of NHPC Ltd. and Uttar Pradesh New and Renewable Energy Development Agency i.e. UPNEDA) issued a tender, to build a solar park project. It includes the construction of security buildings and civil Works of a solar power park to develop a 1.2 GW Solar […]

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NHPC Issues 500 MW/1000 MWh BESS Tender For Andhra Project

NHPC Limited has now come up with a fresh tender to boost energy storage projets in Andhra Pradesh. The Navratna company issued a tender accordingly. The tender seeks developers to develop a 500 MW/1000 MWh energy storage project under Tranche II. These will be developed near substations of the STU network in Andhra Pradesh. The […]

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Manipur: NHPC Issues Rooftop Solar Tender For 13 Govt Buildings

NHPC’s renewable energy arm, NHPC Renewable Energy (REL), recently issued a tender to select developers for grid-connected rooftop solar plants at various government buildings in Manipur. These projects will be developed under the RESCO mode, with a bid submission deadline of March 17, 2025. NHPC REL manipur rooftop solar tender stated, “The bidder is expected […]

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MoP Sets New Bidding Guidelines for Pumped Storage Projects

The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […]

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Solar Finance Specialist

Reporting to the Chief of Resource Mobilisation or a designated officer, you will provide essential support across our business clusters. Your primary responsibility will be to review, develop, and deploy financing strategies for renewable energy, aligning with the ISA’s mission to lead the energy transition through its member states. In this role, you will lead […]

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JAKEDA Issues 175 MW Rooftop Solar Tender For Govt Buildings

The Jammu and Kashmir Energy Development Agency (JAKEDA) has issued a tender to select solar power developers for the construction of 175 MW grid-connected rooftop solar projects. These projects will be located on government buildings in the Union Territory (UT) of Jammu and Kashmir under the RESCO model. Bids are invited until February 28, 2025. […]

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India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil

India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […]

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