SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff Updated On Fri, Mar 7th, 2025 by Saurenergy A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […] Read more
10 Indian Companies Plan To Set Up Gigafactories In India Updated On Tue, Mar 4th, 2025 by Saurenergy The Volta Foundation in its latest 2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […] Read more
CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects Updated On Thu, Feb 20th, 2025 by Saurenergy In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s 1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024. The projects will now await the signing of formal PPAs, […] Read more
Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt Updated On Thu, Feb 6th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […] Read more
Amazon To Add Three New Wind Farm Projects Across India Updated On Thu, Feb 6th, 2025 by Saurenergy American multinational technology company, Amazon has invested in three new wind energy projects across India, further expanding its presence in India. The new projects include wind farms in Karnataka, Maharashtra, and Tamil Nadu. Its latest investment expands the company’s renewable energy portfolio in India which now comprises 53 solar and wind projects nationwide.The new wind farms […] Read more
Indus To Acquire Stake in Amplus Tungabhadra’s Solar Plant Updated On Tue, Feb 4th, 2025 by Saurenergy In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, “Indus Towers is set to […] Read more
Adyant Enersol, UPC Renewables Win SJVN’s 170 MW Wind Energy Project Updated On Thu, Jan 30th, 2025 by Saurenergy SJVN has announced Adyant Enersol (Datta Infra) and UPC Renewables as the winners of its 600 MW wind energy project. These winners are expected to develop inter-state transmission system (ISTS)–connected wind power projects on a build-own-operate basis. The tender for this project was released in March 2024, and the results were announced after 10 months. […] Read more
RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low Updated On Fri, Jan 24th, 2025 by Saurenergy Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh. Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […] Read more
NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders Updated On Fri, Jan 24th, 2025 by Saurenergy NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […] Read more
