NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
SJVN Issues Tender for 1.5 GW Renewable Energy with Storage Updated On Thu, Jun 22nd, 2023 by Saurenergy SJVN Ltd has invited bids for the selection of developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. The projects can be established anywhere in India, as long as they are connected to the interstate transmission grid. The developers for renewable energy will be selected through tariff-based […] Read more
Govt Orders Modification of Tender Documents For ISTS Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy The Ministry of Power, in its latest notice, ordered a revision of the Standard Bidding Documents for procurement of power under the Inter-State Transmission Services (ISTS), done through tariff-based competitive bidding (TBCB). These documents often comprise the Request for Proposal (RfP) and the Transmission Services Agreement (TSA). The ministry justified the new amendment by citing a […] Read more
MNRE Extends Deadline For Solar Park Scheme Upto 2025-26 Updated On Wed, Jun 21st, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued an official notification, ordering an extension in the deadline for developing solar parks under the Solar Park Scheme and ultra mega solar power projects in the country. The new order from the ministry said that the deadline had been extended till March 31, 2026, without […] Read more
Poor Policy Shackling Pakistan’s Solar Potential: IEEFA Updated On Fri, Jun 16th, 2023 by Saurenergy Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […] Read more
Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL Updated On Thu, Jun 15th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
India Will Surpass 100 GW of Solar Installed Capacity By Early 2024: Report Updated On Thu, Jun 15th, 2023 by Saurenergy A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- Top Five Countries in Installations The top five countries that added solar installations in 2022: 1. China: 100 GW (Approx) 2. US: 21.9 GW 3. […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
