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JSW Energy Gets SECI LOA For 300 MW Wind Energy Project

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for a total Wind capacity of 300 MW from Solar Energy Corporation of India Limited (SECI). The company had won the 300 MW capacity at Rs 2.94/unit in the tariff based competitive bid invited by SECI for […]

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Govt Awards Reliance 10GWh ACC Battery Capacity Under PLI

The Ministry of Heavy Industries (MHI) has now announced the selection of successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Reliance Industries Limited has been awarded 10 GWh ACC capacity under Production Linked Incentive (PLI) scheme based on QCBS mechanism. This initiative is another step towards enhancing […]

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SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit

In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […]

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India Needs 100 GW Storage To Avoid Energy Shortages: Report

In a report that goes against the actions of the Indian government (more thermal, faster deployment of PSP), Berkeley has made a case for solar and battery storage to solve the country’s power demand issue. Solar plus storage can not only help to avoid power shortages in India but also help to prevent a solar […]

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SECI Discovers Rs 3.41 Price In 1200 MW Solar Plus ESS Tender

SECI’s 1200 MW Solar with 1200 MWh BESS tender, floated in March this year, turned up a surprise in terms of the price discovery of Rs 3.41 per unit from the winning bidder, Pace Digitek Infra Private Limited. This price discovery matches and in some cases beats the recent price discoveries from plain vanilla RE […]

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GUVNL Awards Gensol 250 MW/500 MWh BESS Project

Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […]

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The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets

India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […]

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MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI

Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […]

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Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP

A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently.   At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […]

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