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GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio

Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’  by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […]

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SECI Extends Deadline for Another Tender; 25 MW Project for BCCL

SECI has again extended the bid deadline for its tender for setting up a 25 MW solar plant at the Bhojudh Coal Washery of BCCL in West Bengal The Solar Energy Corporation of India (SECI) has notified that the bid submission deadline for its tender for setting up of 25 MW solar PV power plant […]

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Agrivoltaics Promise Coexistence With Agriculture For Solar

Solar, despite great progress for towards becoming the cheapest, greenest and cleanest source of power, still has one weak spot. The large tracts of land that are needed for every MW of solar produced on the ground. At almost 5 acres per MW, this has regularly been pointed out as the biggest achilles’ heel for […]

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Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth

Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […]

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ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat

ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […]

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Tenders Issued for Rooftop Solar Plants at IIT Kanpur and IIT Jodhpur

Two tenders have been issued for the commissioning of rooftop solar projects on the campuses of IIT Kanpur and IIT Jodhpur. Two tenders have been issued for the installation and commissioning of rooftop solar PV projects on the campuses of the Indian Institute of Technology (IIT) Kanpur and IIT Jodhpur.  The first tender has been […]

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No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA

India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […]

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Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat

Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […]

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […]

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