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Four Winners in SECI’s Latest 1200 MW Solar Tender

SECI has concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. The Solar Energy Corporation of India (SECI) has recently concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. With all winning bids coming in […]

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Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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NTPC Tenders for 1200 MW ISTS-Connected Solar Projects in India

NTPC Ltd has invited online bids for the selection of solar power developers for setting up 1200 MW solar PV power projects anywhere in India. NTPC Ltd has invited online bids from eligible bidders for the selection of solar power developers for setting up 1200 MW ISTS-Connected solar PV power projects anywhere in India. The last date for submission of bids is March 19, 2020, and the techno-commercial bids […]

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SECI Scores 9 Bids Worth 3.5 GW in Response to 1.2 GW Solar Tender

SECI has reported a list of 9 bidders who have submitted bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which was issued in January. The Solar Energy Corporation of India (SECI) has reported a list of nine bidders who have submitted prospective bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which […]

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Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus

It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […]

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Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar?

India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […]

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The Total-Adani Deal- Impact on Indian Solar Sector

The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […]

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Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement

Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […]

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Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender

Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […]

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