Utility Scale PV

Bidders have until February 22 to lodge their interest to develop the PV capacity that shall come up in three blocks of 245 MW each at Nokh Solar Park.  

Global bids are invited to build 275 MW of grid-connected solar capacity in Uttar Pradesh Solar Park. The projects are to be set up on a build-own-operate basis. The tariff ceiling is fixed at INR 3.25/kWh for the 25-year power purchase agreement duration.

pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.

The solar capacity—comprising two plants of 50 MW each—were completed ahead of schedule despite adverse conditions amidst Covid-19. The plants benefit from 25-year power purchase agreements with Uttar Pradesh Power Corporation Limited, at INR 3.22/kWh and INR 3.19/kWh, respectively.

The PV projects—tendered under the Central Public Sector Undertaking scheme—will be entitled to government support through viability gap funding, with the level of VGF awarded determined by reverse-bidding auctions for the project capacity.

Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.

Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).

The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually. 

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.