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transmission system

Five Winners in NHPC’s 2 GW Solar Power Projects Tender

Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […]

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Duke Energy Renewables Brings Online 60 MW Solar Energy Facility

Duke Energy Renewables and Colorado Springs Utilities have announced the start of operation for a new solar energy facility, the 60 MW Palmer Solar project. Duke Energy Renewables, a commercial business unit of Duke Energy, and Colorado Springs Utilities (Springs Utilities) have announced the start of operation for a new solar energy generating facility, the […]

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REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy

The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […]

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PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown

PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […]

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Sterlite Power Advances Biz Strategy Post Selling 3 Assets in Brazil for About $100 Mn

Sterlite Power, which is among the leading global developers in the power transmission space, has achieved major milestone in Brazil by selling three assets i.e. Arcoverde, Novo Estado and Pampa from its portfolio for about USD 100 million (BRL 566 million). Post divestment of these assets, the company, now, has seven projects in different Brazilian regions, […]

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Tender Issued for 2000 MW Wind Power Projects in India

SECI has tendered for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX. The Solar Energy Corporation of India (SECI) has issued a tender for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in […]

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Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh

RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […]

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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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SECI Gets Approval to Buy Power From 840 MW Wind-Solar Projects

SECI has received CERC approval for adoption of tariff that was discovered for 840 MW wind-solar hybrid power projects under the Tranche-I tender The Solar Energy Corporation of India (SECI) has seen its petition, for approval of tariff discovered through a competitive bidding process for 840 MW wind-solar hybrid power projects (Tranche-I) connected to the […]

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