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Govt Proposes Mandating RE for Open Access, Captive Users

The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […]

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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo

Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]

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Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh

Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […]

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NTPC Plans 813 MW Wind Project In Bellary, Issues Tender

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the supply and installation of wind turbine generators (WTGs) for an 813 MW (271 WTG) wind energy project in Bellary, Karnataka. The NTPC tender specifies that the wind energy project must have a minimum capacity of 813 MW, corresponding to 271 locations. It set April […]

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Maharashtra: NTPC REL Issues Tender For 672 MW Wind Projects

In an effort to expand Maharashtra’s wind energy capacity beyond the current 5,279.08 MW, NTPC Renewable Energy Limited (NTPC REL) has invited bids for the installation of wind turbine generators (WTGs) in the state. Through this tender, NTPC’s renewable energy arm aims for the bidder to undertake EPC activities for a 672 MW (224 WTG) […]

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60% Of Municipal Bonds Miss Being Labelled Green: CEEW-GFC

Municipal green bonds could mobilize up to Rs. 20,000 crore (USD 2.5 billion) by 2030, unlocking critical funding for civic and climate-resilient urban growth in India, according to a new independent report released by the CEEW Green Finance Centre (CEEW-GFC). The report, Unlocking Green Finance for India’s Urban Local Bodies Through Municipal Green Bonds, finds […]

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India Headed For 20.7 GW Polysilicon Capacity, Says Minister

Shripad Yesso Naik, Minister of State For Power; and Ministry of New and Renewable Energy, in a written reply before the Rajya Sabha, stated that India has added 48.3 GW of fully or partially integrated solar PV module manufacturing capacity to date. This includes approximately 37.5 GW of ingot and wafer manufacturing capacity, most of […]

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Assistant Manager – eBoP (Wind O&M)

Key Duties and Responsibilities:- Daily monitoring and reporting to the area and state leads about asset performance Ensure Monthly Compliance: Compliance to Integrated Management System, Compliance to Legal, Statutory requirements through ReCAT – 100%. Zero non- compliance of statutory requirement, Complete all Technical condition audit. Reinforces and leads the execution of standards, standard work and […]

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