Azure Power announces results for fiscal second quarter 2018
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
Tata Power commissions 25 MW solar plant in Gujarat
Tata Power Renewable Energy Ltd. has installed 25 MW part of Gujarat solar park. The PPA is signed with SECI at the rate of INR 4.43 ($0.068)/kWh. The company was also awarded for early commissioning of 100 MW solar plant in Karnataka.
EREN RE and EDF commissions 87 MW solar capacity in India
EDEN, a joint venture between EREN Renewable Energy and EDF Energies Nouvelles, has installed three solar power plants in India amounting to 87 MW. The JV now operates 200 MW capacity in India.
Delhi to add 1,000 MW Solar to its energy mix by 2019
Delhi power minister is aiming to have 15% renewable energy by 2019. Delhi government will buy solar power from plants to be installed across the country in next one and half years.
NHPC to build 150 MW Solar in India
Power generation company National Hydroelectric Power Corporation (NHPC) is presently installing 50 MW of Solar in Tamil Nadu State and is expected to add 200 MW by 2019.
AGV installs first canal-top solar plant in Rajasthan
AGV commissioned the 2MW solar PV plant, which is expected to generate more than 2.4 million kWh energy annually.
Tata Power commissions 30 MW in Maharashtra
Tata Power Renewable Energy Limited (TPREL) has installed a 30 MW solar power plant at Palaswade, Maharashtra
Conventional Energy seeks Renewable Energy in India: Coal India launches 200 MW solar tender
Solar Energy Corporation India (SECI), on behalf of Coal India limited (CIL) has invited bids for two 100 MW solar power plants. The government authority will clarify the bidding requirement in a meeting to be held on November 13 in Kolkata.
NLCIL to install 500 MW in Aruppukottai, Tamil Nadu
Neyveli Lignite Corporation India Ltd (NLCIL) plans to install several 50-100 MW solar power plants in the Aruppukottai area of Virudhunagar District in Tamil Nadu.
EESL to install 300 MW of domestically produced PV modules
Energy Efficiency Services Ltd. (EESL) has procured PV modules from several Indian manufacturers at a lower rate than it can from Chinese suppliers, setting a new benchmark for panel prices in the country.
