SUBSCRIBE NEWS LETTER

andhra pradesh

Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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Radite Energy Secures 70 MW Solar Project from Azure Power

This is the third biggest order in continuation that the company has secured from Azure Power after completion of projects in Andhra Pradesh and Gujarat, as confirmed by the company’s spokesperson. In a significant development, Gurgaon based Radite Energy has bagged 70 MW solar project from Azure Power for Pavagada solar park located in Karnataka. This […]

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Solar Charkha Mission Launched by President Ram Nath Kovind

The Ministry of Micro Small and Medium Enterprise (MSME) will cover 50 clusters under this mission and 400 to 2000 artisans will be employed by each cluster. To generate the employment in rural areas, and disburse a subsidy of Rs 550 crore to thousands of artisans, President Ram Nath Kovind launched the Solar Charkha Mission […]

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CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report

The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […]

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AP Tenders 15 MW of Rooftop Solar Projects

The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […]

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NTPC Issues 36 MW Tenders for Solar Projects in Telangana, Gujarat

The scope of work includes the design, EPC, testing and commissioning of the solar PV projects and they will be developed on turnkey basis. The funds for these projects will come from the treasury of NTPC. To develop the grid-connected solar photovoltaic (PV) projects to be developed in the states of Telangana and Gujarat, the […]

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Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion

The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […]

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