Uncertainty around generation compensation in the event of curtailment due to grid safety reasons and the requirement to maintain at least 33% wind project share in the total contracted capacity are among the deciding factors in tariff assessment.
The state—which is already home to 2250 MW Bhadla Solar Park—is on pace to complete a 925 MW Nokh Solar Park in the Jaisalmer district.
Bidders have until February 23 to lodge interest for the solar capacity, which is to be developed in RESCO model and has levellized ceiling tariff fixed at INR 4/kWh.
The Chinese manufacturer, which has a central and string inverter factory in Bengaluru, sold a minimum 3 GW of the cumulative sales last year alone. Going forward, it has a strong order book for the upcoming solar capacity too.
With this solar win, Sembcorp Industries’ renewables portfolio has swelled to over 3 GW in operation and under development across Singapore, China, and India.
State Discom Kerala State Electricity Board Limited (KSEBL) will procure the solar electricity generated from the project under a 25-year power purchase agreement.
The 2,000ha installation, which will surpass in scale a 150 MW plant in China’s Anhui province, will reportedly require a INR3,000 crore investment.
Bidders have until March 1 to bid for setting up the cumulative grid-connected solar PV capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics—in Cuddalore and Tiruvannamalai districts.
A new report says the imposition of safeguard duties and basic custom duties is only a partial solution to help the domestically produced solar modules remain competitive with imported panels. The government needs to adopt a long-term strategy towards PV manufacturing that supports backward integration and sustained innovation.
Bids can be submitted until February 16 to install and commission the project at the Ultra Mega Renewable Energy Power Park (UMREPP) in Koppal District.
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