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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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NTPC to set up 50 MW solar project in Andaman & Nicobar Island

NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana

Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […]

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Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana

Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […]

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India secures payment for 500MW SunEdison Solar Project

State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […]

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Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra

British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap […]

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Rays Power Infra launches 100 MW solar project in Uttarakhand

India’s leading Solar Energy Company, Rays Power Infra Pvt. Ltd. has announced the launch of its 100 MW Solar Power Project in Uttarakhand. The project’s execution began in August, 2016, and is expected to be commissioned by February, 2017. It will be executed by Rays Power Infra on turnkey basis – from land acquisition to […]

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Amara Raja Group commissions 1.2MW rooftop solar project at Nunegundlapalli

At an event held on the occasion of Amara Raja Skill Development Centre’s first batch convocation, Dr Ramachandra N Galla, Chairman, Amara Raja Group announced the commission of a 1.2MW rooftop solar unit at the plant located at Nunegundlapalli village near Chittoor in Andhra Pradesh. The project is spread over 1,00,000 sq ft, and is […]

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