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solar power

SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon

SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […]

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Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds

Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021.  The bonds have a fixed coupon of 3.35 percent per […]

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Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai

Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […]

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Solar Industry Hoping for More Elaborate Support From Union Budget

The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […]

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Adani Green Energy Commissions 100 MW Solar Plants in UP, Ahead of Schedule

Adani Green Energy has announced that its subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants in UP. Adani Green Energy Limited (AGEL) has announced that its wholly-owned subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district […]

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After 1.99/kWh, Gujarat Cancels Results of two Earlier Solar Auctions

GUVNL has cancelled the results of auctions held for 800 MW solar projects in Gujarat after receiving permission to re-tender the projects. According to local reports, the Gujarat Urja Vikas Nigam Ltd (GUVNL) has cancelled the results of auctions held for the award of 700 MW Dholera solar park and the 100 MW Raghanesda solar […]

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Tata Power to now Operate the Entire Distribution System in Odisha

Tata Power will now serve the entire population of the state of Odisha after it secured LOI to operate the north eastern distribution system Tata Power, India’s largest integrated power utility, has announced that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply […]

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Budget 2021 Highlights For Solar Sector

In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […]

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EDF-R Announces Commercial Operations at Desert Harvest 1 & 2 Solar Projects

EDF Renewables North America today announced the completion and commercial operation of the Desert Harvest 1 (114 MWdc) and Desert Harvest 2 (100 MWdc) Solar Projects. Desert Harvest 1 provides electricity to MCE under a 20-year Power Purchase Agreement (PPA), while Desert Harvest 2 supplies energy and renewable attributes to Southern California Public Power Authority (SCPPA) under a 25-year Renewable […]

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