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IREDA to Get ₹1,500 Cr Equity Infusion to Boost RE Financing

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the equity infusion of Rs.1500 crore in Indian Renewable Energy Development Agency Limited (IREDA). This equity infusion will help in employment generation of approximately 10200 jobs-year and CO2 equivalent emission reduction of approximately 7.49 Million tonnes CO2/year, said an official […]

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BESCOM Floats Supply and O&M Tender for 50MW Solar Projects

Bangalore Electricity Supply Company Limited (BESCOM) has invited bids for the empanelment of firms for the installation and maintenance of grid-connected rooftop solar plants of various capacities, totalling 50 MWp, in its jurisdiction for five years under CAPEX (Consumer Investment) model. The full scope of the project includes design, supply, erection, testing and commissioning, as well […]

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Gautam Solar Upgrades Solar Pump Controllers, RMUs for Solar Systems

Solar manufacturer Gautam Solar has announced an upgrade of its solar pump controllers & remote monitoring units for solar PV systems. The company claims the following: The Solar Pump Controllers have homegrown Variable Frequency Drives & Remote Monitoring Units tuned for 1 – 10 HP of solar pumps (DC / AC & Surface / Submersible). […]

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Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA

Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […]

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2022’s First Big Tender Is SECI’s 1200 MW Tranche XIII Wind Tender

In its first big tender for 2022, the Solar energy Corporation of India (SECI) has gone with wind, inviting bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII). The tender leaves the onus of identifying and arranging land on the bidders, a factor that has caused immense delays in […]

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Consultancy Tender for 2 GW Solar Park In Rajasthan from RRVUNL

In a tender issued via a letter dated Dec 29, 2021, the Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RRVUNL) has released a tender seeking consultants to provide consultancy services for the development of a 2000 MW solar park in Rajasthan’s Bikaner district. The tender also covers the installation of an 810 MW solar project at […]

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Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry

In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited […]

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Tamil Nadu Discom Gets Nod For 500 MW Projects Under Component A of PMKUSUM

In its order based on a hearing held on December 28, the Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) proposal to procure upto 500 MW of solar power from projects with capacity in the range of 1 MW to 2 MW under Component A of the […]

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Haryana Farmers Get 75% Subsidy on Solar Pumps

To support farmers in Haryana their irrigation requirements, the state’s department of new and renewable energy has decided to give 75% subsidy in the purchase of 3-10 horse power (HP) solar pumps. The department has invited applications from eligible beneficiaries till December 27. Gurgaon’s additional deputy commissioner Vishram Kumar Meena said that some 8,629 solar-powered […]

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