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Mahindra Susten Secures 300 MW Solar Project From NTPC With Lowest Bid

NTPC Limited has declared Mahindra Susten Private Limited one of the winners for its 1500 MW solar tender. Owing to the lowest bid it quoted in the tender, the renewable energy firm was given a share of 300 MW of solar projects. The company is an Independent Power Producer (IPP).  This award comes after a […]

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SECI Invites Bids For 1200 MW ISTS Solar Projects With 600 MWh ESS

Solar Energy Corporation of India (SECI) recently released an e-tender inviting bids for a 1200 MW ISTS-connected solar PV power project of 600 MW/1200 MWh Energy Storage Systems (ESS). SECI issued the tender under the Ministry of Power (MoP) guidelines for a tariff-based competitive bidding process. The tender was issued for, long-term procurement of electricity from grid-connected Solar PV power […]

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KPI Bags 100MW Solar Project From Tender Issued By MAHAGENCO

Gujarat based solar company KPI green bagged 100MWAC solar power project under tender issued by Maharashtra state power generation company (MAHAGENCO). The company developed the project as per the terms and conditions mentioned in the tender document issued by MAHAGENCO. KPI received the letter of intent (LoI) for an aggregate order of 100 MWAC solar power […]

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Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost

Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […]

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KPI Green Bags 50MW Of Wind-Solar Hybrid Power Project From GUVNL

Gujarat based KPI Green energy a renewable energy company recently announced that it emerged as a successful winner for Gujarat Urja Vikas Nigam Limited (GUVNL) 50MW of Wind-Solar Hybrid Power Project. KPI received the letter of Intent, in which it was awarded 50MW (comprising of 16.80 MW Wind and 50MW Solar) Wind-Solar Hybrid Power Project. The […]

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MSEDCL Releases Tender For 1000 MW Solar Power Project

Maharashtra State Electricity Distribution Company Limited (MSEDCL) released a tender inviting long-term bids for procurement from 1000 MW inter/intra-state grid-connected solar power projects through a tariff-based bidding process. MSEDCL document mentioned, “This tender is for purchase of power on a long-term basis through a competitive bidding process. This is to be followed by a reverse […]

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BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project

Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […]

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SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda

SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […]

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Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs

Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […]

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