While Solar Energy Corporation of India and NTPC fare better on tariff payment obligations than directly selling to discoms, all other obligations need to be met by them only to the extent they are met on a back-to-back basis by discoms.
After High Court’s stay on tariff revision, the state government has resorted to unprecedented curtailment of wind and solar power projects.
The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
With this win, the company’s capacity under implementation would become 650 MW, which is in addition to the operating capacity of 2,476 MW (comprising 932 MW wind and 1544 MW solar capacity at utility scale).
The projects—to be set up in capacities of 100 KW and 5000 KW on the barren and uncultivatable lands—will generate an estimated 148.85 MW of solar power.
India needs special institutional structures within leading public financial institutions to cater to market segments that do not attract commercial capital at competitive terms.
The $500k order follows the delivery of two high-volume quantum-dot production systems—valued at $1 million—to support roll-to-roll printing of thin-film solar cells at Assam facility.
The state-owned engineering major has invited bids for supply of balance-of-system items, and installation and commissioning of an aggregate capacity of 69 MW (AC) grid-connected solar plants for Singareni Collieries Company Limited in Telangana. The projects—including 39 MW at Yellandu village and 30 MW at Manuguru—will come up in Bhadadri Kothagudem district of the state. Bidding closes on July 31.
The Gujarat-based independent power producer has signed power purchase agreements with three paper mills—two in Vapi and one in Surat—for sale of solar power totaling 3.05 MW for a period of 15 years.
Grid-connected solar plants in capacities ranging from 250 KW to 3.5 MW are to be installed at various sub-stations of state-owned Maharashtra State Electricity Distribution Company Limited. Bidding closes on August 12.
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