The Chennai-based steam and hot water supply company will acquire 31% of the rooftop solar installer’s equity share capital, instead of 37.5% as agreed upon in July.
Plant load factor for thermal power generators ramped up to 70-80% between July 2019 till date while solar power projects were arbitrarily backed down by more than 60-70% of their operational capacity during the same period.
The grid-connected projects—to be set up on ‘design-build-finance-operate-transfer’ basis—shall come up at 117 locations of four zonal railways (Eastern, North Central, North Frontier and Northern) and coach production units in Kapurthala and Raebareli. Bidding closes on December 9.
The aesthetically appealing 1 KWp, 3 KWp and 5 KWp artifacts can be installed at public places like beaches and parks to provide electrical power for different loads.
Bids are invited for design, supply, installation and commissioning of solar home cooking systems in five districts of different states (Meghalaya, Chhattisharh, Jharkhand, Uttar Pradesh and Gujarat). Bidding closes on November 8.
The state government has set a solar power target of 10,700 MW by 2022 and 23,500 MW by 2030. The latest extension by Solar Energy Corporation of India is second in line for the 275 MW project which was announced in August.
November 2 is the bidding deadline for grid-connected rooftop and small solar power plants that shall come up in government buildings across different states and union territories of India.
The bonds being issued by the company’s three arms collectively—Adani Renewable Energy Ltd, Kodangal Solar Parks and Wardha Solar (Maharashtra)—will be used to finance and refinance solar power plants and related transmission infrastructure in India.
Further, the lobby group has asked the ministry to remove the domestic content requirement for solar cells at least for the first year, while also highlighting the need to specify standards or guidelines for setting up of agrivoltaics systems in farm lands.
Bids are invited for supply of cells using 5 busbars, providing an efficiency of minimum 18.8%. The quantity to be supplied is 500,000. Bidding closes on October 15.
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