Uttar Pradesh cabinet clears 150 MW floating solar plant over Rihand Dam
The plant will attract an investment of Rs 750 crore into the state, with Rs 500 crore coming from ReNew Power to set up 100 MW and Rs 250 crore from Shapoorji Pallonji for the remaining 50 MW.
Visaka’s solar roofing to power Air India SATS’ walkways
Air India SATS has introduced new aircraft-boarding walkways that use integrated solar roofing panels from Visaka Industries to run two air-conditioners for up to six hours.
Vikram Solar commissions 5 MW solar plant for state-owned Bharat Dynamics Limited
The plant was conceived under viability gap funding scheme for Ministry of Defence establishment to set up 300 MW of grid-connected and off-grid solar power projects at their locations.
SECI tenders 1.2 GW ISTS-connected renewable energy projects with storage
The projects — solar, wind or a combination thereof — are expected to supply power for a minimum of six hours per day during periods of peak demand. The last date for bids is Sept. 17.
Sterling and Wilson Solar to launch IPO this week
The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.
NTPC opens global bids for 20 MW floating solar project in Uttar Pradesh
The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, Uttar Pradesh. Bidding closes on Sept. 5.
Tata Power partners Tata Motors to install 300 EV charging stations across India
The charging stations—to be installed in five metro cities—will come up at strategic locations frequented by potential electric vehicle owners such as Tata Motors dealerships, certain Tata Group retail outlets and other public locations.
SECI tenders 1.5 GW solar with VGF support for state-run power generators
Micro and mini grid-connected projects will also be considered. The projects—to be developed on ‘build-own-operate’ basis—can be set up anywhere in India for self-use or use by government entities at maximum fixed tariffs of Rs 3.50/kWh. Bidding will close on August 23.
Azure Power wins 300 MW ISTS SECI solar project
The NYSE-listed solar developer now has 1.5 GW of interstate transmission system projects with sovereign counterparties—the largest such portfolio in India.
In SECI and NTPC PPAs, discom profile is integral for counterparty analysis: Ind-Ra
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.
