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GIPCL Gets 600 MW LOI for Khavda Solar Project from GUVNL

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Letter of Intent, dated May 16, 2023 to Gujarat Industries Power Company Limited  (GIPCL), received on May 20, 2023 for 600 MW capacity solar photovoltaic power projects at Khavda. Pursuant to the LOI, GIPCL is required to sign a PPA with GUVNL as a part of […]

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Amp Energy Wins CESC’s 150 MW Wind-Solar Hybrid Tender

Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of ₹ 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other […]

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PTC To Purchase 100 MW Solar Power From Brookfield Renewables

PTC India – that offers power trading solutions – has announced that it has inked an agreement with Brookfield Renewables. Under the scheme of things, PTC India will purchase 100 MW of solar energy from Brookfield on a long term basis. The agreement says that there is also an option to raise the power capacity […]

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Renewable Energy: Looking Beyond Gujarat In 2023

The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]

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MSEDCL Issues Tender for 615 MW Solar Power Projects

Maharashtra State Electricity Distribution Company (MSEDCL) has issued a tender for developing solar projects of 615 MW capacity. The 615 MW cumulative capacity entails 100 MW in Aurangabad-II, 76 MW and 105 MW in Aurangabad-III, 143 MW in Pune , and 191 MW in the Konkan region. The projects will be established in government-owned lands […]

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Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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Rajasthan, Andhra Get Major Solar Investment Commitments

The Renewal Energy Conclave in Jaipur has proved worthwhile for Rajasthan. Organised under the aegis of RRECL and Rajasthan State Electricity Broadcasting Corporation Limited, the conclave saw signing of MoUs of about Rs 87,000 crore which will generate about 84000 jobs in the state in the RE sector. The commitments were inked in the presence […]

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India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids

Confirmations on the bidders for the phase 2  solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […]

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Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […]

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