SUBSCRIBE NEWS LETTER

viability gap funding

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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The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra.

RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […]

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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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SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM

Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […]

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Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power

Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […]

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Centre using VGF tool to woo states like West Bengal for its solar mission

Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […]

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