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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

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Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects

Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […]

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SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project

SJVN Limited has issued a tender for a 1,500 MW wind-solar hybrid project. The Central PSU plans to allocate this project to the Inter-State Transmission System (ISTS). The entity plans to select hybrid project developers under tariff-based competitive bidding. The tender document said that the successful bidders will sign a 25-year Power Purchase Agreement (PPA) with […]

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SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu

The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […]

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NHPC Invites Bid for 1200 MW Wind Plant in Central, South India

Indian public sector hydropower company NHPC has invited bids for wind power projects for a contracted capacity of 1200MW from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) that will be conducted online. The last date for the submission of the bid is 28th February 2024 and the opening […]

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With $500 million of Production Tax Credits, 600 MW Solar Project Moves Ahead In US

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in Electric Reliability Council of Texas (ERCOT) which provides power to the grid in the […]

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Sembcorp Awarded 450MW Wind-Solar Hybrid Project In India

Sembcorp Industries (Sembcorp) a wholly owned renewables subsidiary of Green Infra Wind Energy Limited (GIWEL), recently announced that it received a Letter of Award (LOA) for its 450MW Inter-State Transmission System (ISTS) wind and solar hybrid project. The firm received the LOA from the Solar Energy Corporation of India (SECI).  Sembcorp’s Build-Own-Operate (BOO) project was […]

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Punjab To Review Power Agreement For Purchase Of Solar Power

Punjab CM Bhagwant Mann has announced to review the purchase power agreement for the purchase of solar power in the state. Mann said that the state government is now purchasing solar power at Rs 2.54 instead of purchasing it at Rs 15 as was done during the tenure of earlier governments in Punjab. In a […]

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SECI Invites Bids For Setting Up 1500MW ISTS Solar Power Projects

The Solar Energy Corporation of India (SECI), a Central government enterprise, has invited proposals for setting up Inter-State Transmission System (ISTS)-connected solar projects in India for an aggregate capacity of 1500 MW on a Build- Own-Operate (BOO) basis. Further, SECI will enter into a Power Purchase Agreement (PPA) with the successful bidders selected based on […]

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