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GUVNL Awards Gensol 250 MW/500 MWh BESS Project

Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […]

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DERC Issues Draft Green Energy Open Access Rules

The Delhi Electricity Regulatory Commission (DERC) recently unveiled its draft regulations on Green Energy Open Access. This policy aims to establish fair guidelines for accessing green energy, particularly from renewable sources, through the Intra-State Transmission System (InSTS) or the distribution system of licensees. The draft rules proposed to offer green energy through open access ranging […]

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Khavda RE Park Gets A Boost With Green Transmission Line

India’s ambitious Khavda Renewable Park in Gujarat has now got an impetus with a dedicated transmission line to evacuate 7 GW of renewable power. This comes after the Khavda-Bhuj Transmission Limited (KBTL) received the central power regulator nod to proceed ahead to establish the dedicated renewable evacuation line. KBTL had earlier approached the Central Electricity […]

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How Chinese Solar Glass Dumping Triggers Price War In India?

The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government.  The decision to impose such a duty has been shifted to September 2024 which was […]

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EU Commission Approves Italian Scheme To Support 4590 MW RE Production

European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […]

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Sterlite Gets Rs 1373 Cr for 6000 MVA Neemrana Transmission Project

The Neemrana II Kotputli Transmission Limited (NKTL) project has closed the financing transaction, according to Sterlite Power, a well-known operator in the power transmission industry. The enterprise has achieved a significant milestone with the acquisition of a sizeable sum of INR 1373 crore from Power Finance Corporation (PFC), a prestigious Maharatna Public Sector Enterprise. The […]

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SECI Invites Bids To Setup 1200 MW Solar Project

Solar Energy Corporation of India (SECI) has released a tender inviting bids for setting up 1200 MW ISTS-connected solar PV power projects in India under Tariff-based Competitive Bidding The tender document fee – Rs. 29,500 The SECI tender involves an earnest money deposit (Emd/ Bid Bond) of  Rs. 9,42,000 The tender contract performance security – […]

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SECI Seeks Bids For 500 MW Wind Projects In India

The Solar Energy Corporation of India( SECI), a central public sector undertaking (PSU) dedicated to the solar energy sector has released a tender for selecting wind power developers to set up 500 MW Inter-State Transmission System (ISTS-connected) wind power projects in India, under tariff-based competitive bidding (TBCB). The tender document fee/ Cost Of Document – […]

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Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project

The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […]

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