SUBSCRIBE NEWS LETTER

tariffs

In a vivid viz-a-viz with Guru Inder Mohan Singh, Director & COO, Amplus Solar

“the industry reactions have varied from congratulatory messages to critiques analyzing the basis and impact of the INR 3 per unit tariff. We find these motivating and helpful in understanding the market“. Q. Recent bid of Rs 3 per unit to three states,has not gone down well with the industry. Please tell us how you […]

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Electricity Utility MSEDCL Blocks Metro Rail’s Solar Power Plan

Discom MSEDCL refuses to relax the norms for solar power to meet the 65 percent of Nagpur Metro Rail’s energy needs. Mahametro’s plan to meet 65% of Nagpur Metro Rail’s energy needs through solar power has received a jolt as state-run Discom MSEDCL has refused to relax its norms for the project. Maharashtra Electricity Regulatory […]

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Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix

Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […]

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Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids

Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Maharashtra to Take Joint Venture Route for Solar Energy Push

Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […]

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El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour

El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […]

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Solar Industry’s Bigwigs Enlisted for REWA Ultra Mega Solar Power Project Bidding

Madhya Pradesh government’s ultra mega solar power park at Rewa gets bidder’s list The Madhya Pradesh government’s ambitious ultra mega solar power park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW […]

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Storage-linked Solar Power to Reach 5 kWh by 2022

Renewable Energy like solar power is available for half the cost, and can reach 5 kWh by 2022. Renewable Energy like solar power with storage is already available at half the cost, compared with power from diesel-run generators, according to industry watchers. Vikram Kailas, Managing Director and CEO, Mytrah Energy, told BusinessLine: “We are probably […]

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