India’s First ISTS connected Wind Power Project Commissioned Updated On Fri, Aug 24th, 2018 by Saurenergy Government’s plan of 175 GW RE by the year 2022 Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days. This was a 1000 MW bid for […] Read more
Mytrah Energy Wins 300MW Out of NTPC’s 1200MW Auction Updated On Wed, Aug 22nd, 2018 by Saurenergy Mytrah Energy quoted a tariff of Rs. 2.79 per unit under the reverse e-Auction and won the bid for a capacity of 300 MW in the first Inter-State Transmission System (ISTS) wind bids conducted by NTPC. Leading renewable power producer, Mytrah Energy has won NTPC tender of 300 MW wind power out of 1200 MW […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
A target of installing 175 GW of renewable energy capacity by the year 2022 has been set Updated On Thu, Jul 19th, 2018 by Saurenergy 100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] Read more
Solar Tariffs Hit All-time Low at Rs 2.44 a Unit Updated On Tue, Jul 3rd, 2018 by Saurenergy Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
