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Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging

Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […]

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SunAlpha Energy Wins 2 MW Rooftop Solar Capacity under Capex Model

Rajasthan based SunAlpha Energy on Saturday said that it has won an aggregate 2,000 kWp of capacity under the state-owned Solar Energy Corporation of India’s (SECI’s) rooftop solar tender for government buildings. Under SECI’s global competitive bidding for the implementation of 97.5 MWp grid-connected rooftop solar photovoltaic (PV) system, the successful bidders and developers will […]

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Nuclear Power Corporation Tenders for 100 kW Rooftop Solar Plant

Nuclear Power Corporation has issued a tender for the commissioning of a 100 kW rooftop solar power plant at the firms’ Kakarapar site in Gujarat. The Nuclear Power Corporation of India (NPCIL) has issued a tender, inviting bids from eligible bidders for the commissioning of a 100 kW rooftop solar power plant at the firms’ […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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Tender Issued for 4 MW Floating Solar Project With BESS in Andaman

SECI has issued an RfS for the selection of SPDs for setting up of 4 MW floating solar project with a 2 MW/1MWh BESS at the Kalpong Dam in North Andaman. The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of solar power developers (SPDs) for setting […]

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Tata Power Solar Bags 250 MW Solar Project From NTPC Under CPSU Scheme

Tata Power Solar has received a Letter Of Award (LOA) from NTPC for the development of a 250 MW solar project under the CPSU scheme. Tata Power Solar Systems Ltd, India’s largest solar energy company and a wholly-owned subsidiary of Tata Power, has received a Letter Of Award (LOA) from NTPC for a 250 MW […]

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MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender

MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […]

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Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan

Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […]

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