The energy company says it will use hybrid-technology projects, round-the-clock renewables, battery storage, floating solar and green hydrogen as it attempts to wind down the 69% of its energy generation fleet based on thermal power.
Developers now have until July 14 to bid for setting up the capacity in the Uttar Pradesh Solar Park. Technical bid shall be opened on July 15.
However, one-off exceptional events in the fourth quarter hit the solar EPC player’s overall fiscal performance. These included a prime subcontractor going bankrupt in Australia, rising module prices, and increased freight costs.
The Indian State of Madhya Pradesh is going to host a 950 MW solar power plant in the Chhatarpur district. The PV plant is planned to be completed by March 2023. Land proceedings for the plant have already been completed. The tender inviting developers will be issued by November, and the developer selection process completed by January 2022.
Electricity bill payers in nations as diverse as China, India, Germany, and Greece should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
The coal-dominated power producer is shifting towards renewables as part of its commitment towards sustainable power generation and safeguarding the environment. It is also undertaking extensive study and experimentations in the areas of carbon capture and hydrogen.
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
The overall open access charges in case of third-party sale of solar power have increased over a period of time. These vary widely across the key states ranging between INR 2-5 per unit.
Applications are invited for procurement of power generated from NTPC’s 735 MW solar power project in Nokh, Rajasthan. To qualify, the applicant must have a sanctioned load greater than 2 MW.
Bidders have until August 5 to lodge their interest in engineering, procurement, and construction of the 50 MW grid-interactive floating solar capacity in the Kollam district. The successful bidder shall also provide comprehensive operation and maintenance of the plant for ten years.
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