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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO

MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […]

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Interaction with Amit Gupta, Director – Legal & Corporate Affairs, Vikram Solar

 Vikram Solar Ltd, formerly known as Vikram Solar Pvt Ltd, is a globally recognized leading solar energy solutions provider, specializing in high efficiency photovoltaic (PV) module manufacturing and comprehensive EPC solutions. With an international presence across six continents, it is an active contributor in shaping the solar revolution. In an exclusive interview with Saur […]

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Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too?

With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […]

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AAI Tenders for Procurement of Solar Power for Amritsar Airport

AAI has issued an RfP for the procurement of 3.8 MW solar power through open access for the Amritsar Airport. The Airports Authority of India (AAI) has issued a Request for Proposal (RfP) for procurement of 3.8 MW solar power through open access for the Amritsar Airport. The scope of work for the selected bidders […]

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Noida Metro Corporation Tenders for EV Charging Stations Along the Aqua Line

Noida Metro has issued a tender for setting up EV charging stations along the Noida-Greater Noida Aqua Line. The Noida Metro Rail Corporation (NMRC) has issued a tender, inviting bids from eligible parties for setting up electric vehicle (EV) charging stations along the Noida-Greater Noida Aqua Line. The scope of work for the selected bidders […]

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Uttarakhand Discom to Carry Forward Surplus Non-Solar RPO to Meet Solar RPO Deficit

UERC has allowed UPCL to carry forward its surplus non-solar RPO from FY 2018-19 to meet its deficit of non-solar and solar RPO in the present fiscal. The Uttarakhand Electricity Regulatory Commission (UERC) has in its latest order approved the petition filed by the Uttarakhand Power Corporation Limited (UPCL) to carry forward its surplus non-solar […]

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AAI Extends Deadline for 100 kW Rooftop Plant at Pune Airport

AAI has extended the bid submission deadline for its tender for setting up of a 100 kW flexible solar PV plant on the terminal building of the Pune Airport The Airports Authority of India (AAI) has extended the bid submission deadline for its tender for setting up of a 100 kW grid-connected flexible solar PV […]

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