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States That Miss UDAY Targets to Face Fund Cuts: R K Singh

The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […]

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MP Extends Scope of Subsidised Power Scheme

Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […]

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NTPC Planning 5 GW Solar Park in Kutch Worth Rs 20,000 cr

NTPC is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW State-owned power utility NTPC Ltd. has announced that it is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW with an […]

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BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity

GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […]

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Indian Oil Tenders for Solar Plants at WRPL Stations in Gujarat and Rajasthan

The Indian Oil Corporation has issued a tender for setting up of 230 kWp solar systems at various WRPL stations in Gujarat and Rajasthan. The Indian Oil Corporation (IOCL) has issued a tender, inviting bids from eligible parties for setting up of 230 kWp grid-interactive solar PV systems at various Western Region Pipelines (WRPL) stations […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed

SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […]

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NTPC Tenders for 1200 MW Solar Projects Again

NTPC has reissued its tender for the selection of SPDs for the development of 1200 MW of ISTS-connected solar power projects anywhere in India. State-owned power utility NTPC Ltd. has reissued its tender for the selection of solar power developers for the development of 1200 MW of ISTS-connected solar power projects anywhere in India. The […]

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