The 250 MW solar capacity is to be set up on a build-own-operate basis at Dondaicha Solar Park in the district Dhule. The tariff ceiling is fixed at INR 2.83/kWh for the entire power purchase duration of 25 years.
IHS Markit is predicting the world will add 30% more solar capacity this year.
Developers have until February 13 to bid for installation and commissioning of distributed grid-connected solar PV plants to power agriculture pumps.
State-run Uttar Pradesh Power Corporation Limited (UPPCL) will procure the electricity generated from the solar plant under a 25-year power purchase agreement.
The project, currently under construction in Rajasthan, was won by the developer in a Solar Energy Corporation of India (SECI) auction.
The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.
The project, comprising a fleet of 40 electric buses, is being implemented by NTPC Vidyut Vyapar Nigam Limited.
The latest addition is the Indian multinational’s second project in Oman after a 125 MWp solar plant commissioned in June last year.
The floating solar capacity will come upon the reservoir of Manair Dam in Telangana and will be in addition to 300 MW PV plants being set up at the company areas.
The selection of developers to set up 500 MW solar project capacity and supply power to the Gujarat Urja Vikas Nigam Ltd will be done through competitive bidding followed by reverse auction. Bidding closes on February 23.
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