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ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation

Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […]

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Tripura To Connect 9,250 Remote Houses With Solar Micro Grids

As the Central Government continues its infrastructure blitz in the North East, it has now allocated Rs 81 crore to the state of Tripura for the establishment of 274 solar microgrids in remote areas of the state. The solar based microgrid would illuminate more than 9,000 households and the initiative is part of the Ministry […]

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Power Grid Wins Bids For ISTS Transmission Line Between Rajasthan-Delhi

Electricity transmission company Power Grid Corporation Of India (Power Grid) was declared a successful bidder under a tariff based competitive bidding (TBCB) for a transmission project in Rajasthan. A Letter of Intent (LoI) issued on dated 29th December 2023, which has been received by Power Grid Corporation of India Limited on 1st January 2024. “In […]

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SJVN Commissions 75 MW Gurhah Solar Power Plant In Uttar Pradesh.

Satluj Jal Vidyut Nigam Limited (SJVN) Limited chairman & managing director (CMD) Nand Lal Sharma announced that its 75 MW Gurhah solar power plant located in district Jalaun, Uttar Pradesh (UP) has achieved commercial operation. With the commissioning of this project, the installed capacity of SJVN currently stands at 2227 MW. He further stated, “SJVN has implemented […]

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CERC Rejects Punjab Discom’s Plea To Penalize Adani Green Over Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgement declined the petition of Punjab State Power Corporation Limited (PSPCL) against Adani Green Energy. The Punjab discom had pleaded with the CERC to reduce the tariff of 50MW of a Gujarat-based wind power project developed by Adani Green due to the delay in the commencement of the […]

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Chandigarh Open Access Consumers May Get Green Power @Rs 6.75/unit

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and Union Territories has now come up with a draft discussion paper to compute the green energy open access tariff in Chandigarh. This comes after the Union government issued a notification last year allowing green energy through open access to consumers even with less […]

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SECI Issues Tender For 1500 MW Of ISTS-Linked Solar Projects 

The Solar Energy Corporation of India (SECI) has issued a tender seeking developers to establish solar-generating projects for the Inter-State Transmission System (ISTS). The central entity sought the tender under the tariff-based competitive bidding mode. As per SECI’s mandate, the developers would develop the projects under Build Own Operate (BOO) basis for an aggregate capacity […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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