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renewable energy in india

Solar Power Rate Touches Record Low

Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […]

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Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids

Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Gamesa to Facilitate Solar and Wind-solar Hybrid Power Projects in Andhra Pradesh

Spanish firm Gamesa will facilitate investors to set up solar and wind-solar hybrid and wind power projects in Andhra Pradesh. Spanish wind turbine-maker Gamesa will facilitate around Rs 17,500 crore investment in Andhra Pradesh in wind, solar and wind-solar hybrid power projects, said a top official of the company’s Indian subsidiary. “Gamesa will facilitate investors […]

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Hyderabad Water Board to Utilise Solar Power to Cut Down on Bills

To cut down the electricity bills, HMWS&SB will for the first time utilize solar power. The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) has decided to utilise solar power in order to save electricity bills. For this, the Water Board is seeking an allotment of Rs 50 crore funds in the state budget that […]

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GHMC Plans Solar Power Plants on Rooftops to Cut Power Bills

GHMC has identified 44 of 942 buildings for the installation of rooftop solar power plants to reduce power consumption charges paid to power utilities. To reduce power consumption charges to be paid to power utilities, the Greater Hyderabad Municipal Corporation (GHMC) has decided to install rooftop solar-powered plants to be connected to grids in a […]

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Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore

NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […]

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