SUBSCRIBE NEWS LETTER

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The Investors Theorem: Your Rooftop PV Solar Project

Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […]

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Why EPC are Treading in the Solar Race?

Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […]

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Solar tariff cuts down to all-time low at Rs 4 per unit

The solar power tariff slipped to an all-time low of Rs 4 per unit- the maximum rate – fixed under the tender floated for 750-MW solar power projects at Bhadla solar park in Rajasthan. “Solar Energy Corporation of India (SECI) has finalised a tender issue for the 750-MW solar PV projects in Bhadla solar park, […]

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HPGCL commissions first solar project at Panipat Thermal Power Station

The Haryana Power Generation Corporation Limited has successfully commissioned the first 10MW solar power plant at Panipat Thermal Power Station. On its very first day of operation, the plant generated and supplied about 10000 units of electricity to the grid. HPGCL’s Managing Director M.K.V. Rama Rao stated that the use of renewable energy had become […]

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Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra

British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap […]

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Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital

Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […]

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SECI awards 240MW solar project to Essel Green Energy in Odisha

Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […]

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Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh

Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […]

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