Andhra Pradesh tenders 10 MW solar-wind hybrid project
Developers can establish more generation capacity on the site if possible but must not fall short of 8 MW, according to the tender document. A pre bid meeting is due to be held tomorrow.
Government prepares new payment security mechanism for developers — four months after the last one
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
BHEL wins Rs 800 crore EPC orders for 200 MW solar power plants
The state-owned engineering major will set up a floating solar plant at NTPC Ramagundam in Telangana and a ground-mounted plant at Raghanesda Ultra Mega Solar Park in Gujarat, with a capacity of 100 MW each.
Uttarakhand floats global tender for 40 MW grid connected solar projects
The Irrigation Department of Uttarakhand, in Dehradun, has re-tendered a 27 MW solar project at the Haripura Dam and a 13 MW installation at the Tumariya Dam in the Udham Singh Nagar district. The project will now be awarded through tariff-based competitive bidding.
Latest 1.2 GW of solar capacity awarded at Rs2.54 ahead of safeguarding duty fall
SECI’s 1.2 GW solar auction saw four companies – Ayana Renewable, ReNew Power, Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at Rs2.54/kWh. Avaada Energy won the remaining 50 MW, at Rs2.55.
Bifacial beats Trump’s tariffs
Federal trade authorities in the U.S. have ruled bifacial solar modules will no longer be subject to the Section 201 ruling which applies a 25% tariff to solar panel imports.
NTPC tenders 1 GW solar PV projects across India
State-owned power generator NTPC has invited bids for development of 1 GW grid-connected solar PV projects under Central Public Sector Undertaking (CPSU) scheme Phase-II (Tranche-I). The projects are to be set up on turnkey basis under domestic content requirement category, anywhere in India. These will be awarded through domestic competitive bidding followed by reverse auction.
Azure Power turns a profit
The NYSE-listed developer appears to have turned the corner after reporting a full year profit of Rs138,493 after a Rs10 lakh loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.
Power minister seeks removal of priority sector lending limit for renewable energy sector
Easy access to finance topped the agenda of the minister’s meeting with various stakeholders, wherein issues related to land acquisition and Goods and Services Tax (GST) were also discussed.
BHEL wins 135 MW solar EPC projects
Cumulatively valued at Rs 520 crore, the projects include a 50 MW plant for Maharashtra State Power Generation Company Ltd, a 75 MW plant for Gujarat State Electricity Corporation Ltd and a 10 MW plant for Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
