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RE developers

Indian Oil, NTPC Form JV For 650 MW RE

India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […]

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APTEL Relief For Avaada From Transmission Charges Till Final decision From CERC

In an interesting order, the Appellate Tribunal For Electricity (APTEL) has chosen to provide Avaada Energy relief from charges being claimed from transmission utilities for a project where it has been using Medium Term Open Access, instead of Long Term Open Access as mandated. The Issue Avaada had made both CERC (Central Electricity Regulatory Commission) […]

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Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction

In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […]

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Amazon Accelerates Investments In Green Hydrogen Firms

Amazon has revealed that its $2 billion Climate Pledge Fund is now spurring efforts towards the decarbonization of global operations through green hydrogen. The Fund is known for its early investments in companies like Rivian and BETA Technologies. The Climate Pledge Fund will also be making fresh investments in Electric Hydrogen and Sunfire, the U.S. […]

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CEA Records 3.7 GW Solar Additions In Q1, But Higher Risks Loom Ahead

After recording over 4659 MW of solar capacity additions in Q4, driven largely by a burst of additions in March this year at 3.2 GW, solar capacity additions have slowed down in the new financial year. According to the figures from the Central Electricity Authority (CEA), fresh capacity in Apr-June quarter was at just over […]

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Kerala Regulator Gives Nod To Reduced Tariff On Procurement Of Solar Power

The Kerala State Electricity Board (KSEB) has received the nod of the Kerala State Electricity Regulatory Commission (KSERC) towards the procurement of 90 MW of solar power for 25 years at a reduced tariff of Rs 2.77 kWh from NTPC. The Commission gave its approval to KSEB to finalise the PPA at the lower tariff. […]

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