NHPC Seeking EPC Contractors for 40 MW Solar Plant in Odisha Updated On Thu, Jul 16th, 2020 by Saurenergy NHPC has issued a tender, inviting bids from eligible firms for taking up EPC contract for a 40 MW grid-connected solar project in Jaganath Prasad, Odisha. NHPC has issued a tender, inviting bids from eligible firms for taking up the Engineering, Procurement and Construction (EPC) contract for a 40 MW grid-connected solar power project in […] Read more
NHPC Awards LoA for 400 MW ISTS-Connected Solar Projects Updated On Wed, Jul 15th, 2020 by Saurenergy NHPC has issued a letter of award (LoA) to a Solar Power Developer (SPD) for ISTS-connected solar projects for balance 400 MW capacity in its 2 GW tender NHPC, India’s premier hydropower company which has diversified its portfolio to include solar power business has announced that it has issued a letter of award (LoA) to a […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL Updated On Sat, Jul 4th, 2020 by Saurenergy Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
Sterlite Power Buys SPV from PFC to Execute Large ISTS Project Updated On Fri, Jun 26th, 2020 by Saurenergy Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […] Read more
SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July Updated On Tue, Jun 23rd, 2020 by Saurenergy In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […] Read more
MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] Read more
