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NLC Tamil Nadu Power Limited to establish 200 megawatt solar power plant in Thoothukudi

The NLC Tamil Nadu Power Limited (NTPL) has announced to launch a new solar power plant with a capacity of 200 megawatt in Thoothukudi. Sathiyanarayanan, Chief Executive Officer, NTPL, said that the power plant will be established over an area of 1,200 acres spread over Paraikuttam, Melapandiapuram and Muraman near Maniyachi. Techno-commercial feasibility study is […]

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SunEdison finds difficult to get buyers for its projects in India

US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]

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SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022

After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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Solar to operate the complete Vizag Port from March

After all the fizz, chairman M T Krishna Babu clarifies that the Vizag port of Andhra Pradesh will run its entire operations on solar power from next month. Visakhapatnam Port Trust has already commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said at a roadshow here ahead of […]

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ACME Fixed 140MW Solar Power Project in Haryana

ACME, one of the solar power generators has secured 140MW out of 150MW Solar Project in Haryana at the tariff of Rs 5 per unit. Under the renewable purchase obligations (RPO) scheme, the company likewise to sell the generated power to Haryana Bijli Vitran Nigam Ltd. from the following year. ‘The company is yet to […]

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ENGIE Fixes Big Deal of Solar amid France Prez Visit

Steep fall is reckoned in the solar energy prices and grid parity in India. Through its Indian body Solairedirect, ENGIE has won 140 MW solar energy projects located at two sites of 70 MW each in India’s State of Rajasthan. With growing competition and shoulder bidding among 22 Indian and international contractors clearly asserts the […]

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