Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio Updated On Tue, May 22nd, 2018 by Saurenergy As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
Maharashtra to Obtain 1,000 MW Solar Energy From Six Producers Updated On Tue, May 22nd, 2018 by Saurenergy The power will be supplied to agriculture pumps during the day. It will also help the MSEDCL attain the Renewable Purchase Obligation mandated by the Maharashtra Electricity Regulatory Commission (MERC) under the Electricity Act-2003 to purchase a minimum level of renewable energy out of its total consumption. To fulfill its energy requirements, the state of […] Read more
Developers Seek Extension to Install Solar Plants on Government Buildings Updated On Tue, May 22nd, 2018 by Saurenergy The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
QUERIES OF PRE-BID MEETING : SELECTION OF SOLAR POWER DEVELOPERS FOR SETTING UP OF 150MW (50MW X 3) GRID CONNECTED FLOATING SOLAR POWER PROJECTS TO BE INSTALLED AT RIHAND DAM, UP Updated On Tue, May 15th, 2018 by Saurenergy This has reference to the RfS No. SECI/C&P/SPD/RfS/150MW FLOATING/UP/032018 dated 17.04.2018 regarding “Selection of Solar Power Developers for Setting up of 150MW (50MW x 3) Grid Connected Floating Solar Power Projects to be installed at Rihand Dam (also known as Govind Ballabh Pant Sagar Reservoir), Sonbhadra District, Uttar Pradesh”. The pre-bid meeting for the subject […] Read more
