Marking its second infrastructure investment in India, KKR will acquire Mumbai-based Shapoorji Pallonji Infrastructure’s 169 MWp solar assets in Maharashtra and 148 MWp in Tamil Nadu for a sum of Rs 15.54 billion (approximately US$204 million).
Bids can now be submitted till May 29 for supply and installation of the inverter-transformer package for the power generator’s Solapur solar project in the state of Maharashtra.
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
Distributed generation with battery storage can revolutionize solar development in India in the shortest time period with minimal investment.
June 3 is the last date to submit bids for installation and commissioning of the NTPC Solapur solar project tendered under the domestic content requirement category. Major items including modules and inverters for the project shall be provided by NTPC to the EPC contractor.
A blanket extension equivalent to the period of lockdown and additional 30 days for normalisation after the end of the lockdown is allowed for completion of solar projects.
Bids are invited for supply, installation and commissioning of balance-of-system (BOS) items for NTPC’s 100 MW (AC) grid-connected floating solar plant in Telangana. Bidding closes on April 27.
The Solar Energy Corporation of India has extended the bid submission deadline for 34 MW (AC) ground based, 32 MW (AC) over-burden dump based and 15 MW (AC) floating solar plants at Singareni Collieries Company Limited (SCCL) sites in Telangana state.
The Indian government is working on the creation of a Rs 10,000 crore (US$1.3 billion) alternative investment fund to provide payments to PV developers.
The new guidelines on Covid-19 lockdown permit certain industrial activities, including the construction of renewable energy projects from April 20, 2020, in areas not identified as containment zones of the country. The industry will, however, have to abide by the safety protocols.
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