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GUVNL Looks to Procure 500 MW Hybrid Renewable Power

Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […]

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Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […]

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US May See 619 GW Of Renewable Power Between 2023-2030: Report

A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […]

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NTPC Issues Tender for Supply of 3000 MW Firm & Dispatchable Renewable Power

NTPC has issued a tender for the selection of renewable energy power generators for the supply of 3000 MW firm and dispatchable power from ISTS-connected renewable energy power projects anywhere in India (NTPC-tranche-II) on Build-Own-Operate basis anywhere in India. The last date for receipt of bids comprising both technical and financial bid is December 12, […]

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Tata Power Renewable Energy Ltd. in Power Delivery Agreement for 43.75 MW Solar Plant

Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Mukand Limited, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India. The agreement is for a […]

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Ministry of Power Releases Guidelines For Uniform Renewable Tariff

The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS).  It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […]

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Tata Power Renewable Energy in 12.5 MW PDA with Supreme Petrochem Limited

Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of Tata Power Company Limited has signed a Power Delivery Agreement (PDA) with Supreme Petrochem Limited for a 12.5 MW group captive project through a SPV – TP Saturn Limited. Located in Achegaon, Maharashtra, the plant will generate around 27.5 million units (MUs) […]

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At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA

The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions.  The report suggests that a link between delays in grid […]

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