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solar power

Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power

Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […]

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Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit 

Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs.  It comes after the Gujarat Urja Vikas Nigam Ltd (GUVNL) moved a petition […]

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MRF To Buy 19% Stake In First Energy For Solar Power Purchase

Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […]

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MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit  

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […]

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Savannah Energy To Build 200 MW Solar Power Projects in Niger

A move that is expected to speed up the expansion of renewable energy in Niger, Savannah Energy PLC, a British independent energy company, signed a Memorandum of Agreement (MoU) with the Niger government for the development of two solar power plants.  The cumulative capacity of these two projects stands at 200 Megawatt (MW). Savannah Energy Niger […]

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NHPC Solicits Bids for EPC of 75 MW Solar Power Project with O&M

National Hydroelectric Power Corporation has issued a tender for EPC contract for the development of 75 MW capacity ISTS connected solar power project anywhere in India for sale of energy through Power Exchange along with comprehensive O and M of 05 years. The cost of bid document is Rs.10,000. The bid security amount is Rs. […]

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PTC To Purchase 100 MW Solar Power From Brookfield Renewables

PTC India – that offers power trading solutions – has announced that it has inked an agreement with Brookfield Renewables. Under the scheme of things, PTC India will purchase 100 MW of solar energy from Brookfield on a long term basis. The agreement says that there is also an option to raise the power capacity […]

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NHPC Floats Tender for EPC Contract of 50 MW Floating Solar Power Project in Kerala

National Hydroelectric Power Company (NHPC) has floated a tender for the Engineering Procurement and Construction (EPC) contract for the development of 50 MW floating solar power project and associated transmission system for grid connectivity along with comprehensive O&M for 05 (five) years at West Kallada, District-Kollam, in the state of Kerala. The online bid submission […]

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