SUBSCRIBE NEWS LETTER

transmission system

Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit

The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI.  The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […]

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Duke Energy Acquires 60 MW Solar Project From Juwi in Colorado

The project will generate enough energy to power approximately 19,00 homes per year in Colorado Duke Energy Renewables, a commercial business unit of North Carolina-based Duke Energy, has acquired the development assets associated with the 60 MW Palmer Solar project in El Paso County, Colorado, from juwi Americas, a renewable energy company based in Boulder. The project, […]

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SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender

The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […]

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SECI Signs PSA with HPPC For 400 MW Solar Power

SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018

The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […]

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L&T Construction Bags Contracts worth Rs 2,500 Cr – Rs 5,000 Cr for PT&D Biz

Moreover, some other orders have also been won by the company for solar powered irrigation systems. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 2,500 crore to Rs 5,000 crore for its power transmission & distribution (PT&D) business in India and […]

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