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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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CESL May Cancel Tender For E-Buses Due To Poor Response

The Convergence Energy Services Limited (CESL) is now reportedly mulling to cancel its earlier tender, issued in January 2023 for 4,675 electric buses (e-buses). This is apparently due to the poor response from the major Original Equipment Manufacturers (OEMs) towards the tender. The tender was issued under the dry lease tender mode against the popular […]

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RERC Grants Compensation To Solar Firm Over Change Of Law

The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the Solar Energy Corporation of India (SECI) to pay compensation to Palimarwar Solar House Private Limited, a solar developer over ‘Change of Law’ events.  These change of law events were related to the increase in the Customs Duty of imported solar inverters and the levy […]

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C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

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KPI Green Energy Emerges Winner for 200 MW Project in GUVNL Tender

KPI Energy has emerged as the winner in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of a solar photovoltaic power project. The firm had participated in the competitive bidding process for the “Purchase of power through competitive bidding process vide RFS No. GUVNL / 800 MW / Khavda / Solar (PhaseXX)” issued […]

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GUVNL Tender: ReNew To Supply Solar Power At Rs 2.71/unit 

ReNew Solar Power is now all set to sell its solar power at the rate of Rs 2.71 per unit, discovered through competitive bidding by the Gujarat Urja Vikas Nigam Limited (GUVNL). The tender on the same was on February 4, 2023, for a 500 MW grid-connected solar project to be set up anywhere in […]

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PSPCL Invites Bids for Procurement of 500 MW Solar Projects

Punjab State Power Corporation Limited has invited bids for the procurement of 500 MW of power from grid-connected ground-mount or floating solar projects established in Punjab. The last date for online submission of bids is September 12, 2023. Bidding opens on September 14, 2023. The ceiling tariff for the tender is INR 2.75/Kwh. A bidder […]

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Hydraulic Cylinder Seals Engineer

Caterpillar’s Global Hydraulics Organization within Integrated Components & Solutions Division (ICS) is seeking an engineer to lead the design & development of hydraulic sealing systems and all associated sub-components such as piston, rod, wiper seals and cylinder seal kits for Caterpillar products. The successful candidate will be highly engaged with the global product development team to […]

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Govt Releases New Bidding Norms For Solar Projects

The Ministry of Power has released new guidelines for bidding of grid-connected solar projects in the country. This comes days after the ministry released a similar document on the bidding format for medium and large wind projects. The new bidding document aims to bring uniformity in solar bids, clearly defining timeline of the projects, Power […]

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