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$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender

Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and  […]

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RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners

The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong  bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […]

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Egypt Gets Sterling & Wilson’s First Data Centre Project

Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company and one of India’s leading engineering, procurement, and construction (EPC) company and also the promoters of Sterling and Wilson Solar, today announced that it has successfully delivered its first prefabricated data centre project in Egypt. Project The project was executed for Faisal Islamic Bank […]

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ACME, Renew Win MSEDCL 500 MW Solar Tender

ACME Solar continued its strong return to markets in 2021, with another 300 MW win in Maharashtra State Electricity Distribution Company Limited (MSEDCL)’s 500 Mw solar tender. ACME bid at Rs 2.42 /unit. The second winner was another renewable energy firm that has opened up better capital market access recently, ReNew Power, which bid Rs […]

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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […]

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Social Expert

The Social Expert will oversee the strengthening of social risk- and impact management practices within Avaada, with particular focus on land, migrant labour, indigenous peoples, community consultation, stakeholder engagement and implementation of CSR Plan in general. The Specific Tasks Cover the Following:- 1. Work with Avaada’s operational teams on daily project development activities; Correctly applying […]

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Tender Issued for 1.3 GW Solar Projects in Maharashtra Under MSKVY 

MSEDCL has issued a tender to procure 1.3 GW of solar power from grid-tied solar projects to be developed across 29 districts of Maharashtra. The Maharashtra State Electricity Distribution Co (MSEDCL), on behalf of the Maharashtra Government, has issued a tender to procure 1300 MW or 1.3 GW of solar power from grid-connected solar projects […]

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With Intense Covid 2nd Wave, SPDA Appeals For a Further 3 Month Breather From MNRE

The Solar Power Developers Association (SPDA), a key representative body for solar developers, has appealed to the MNRE for a further 3 month extension on top of the 5 month extension granted back in 2020, for completing solar projects. The association counts large developers including Avaada power, Azure Global, Acme Solar and ReNew Power amongst […]

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