Skip to content

Markets

Maharashtra to get 500 MW floating solar plants in four dams

Earlier, the state had planned to set up floating solar plants at Ujani and Irai dams but had to shelve the projects due to ambiguity on the project implementation as well as revenue sharing, and the high cost involved, respectively.

Electrifying the current taxi fleet would help India cut emissions faster: Wood Mackenzie

Though electric vehicles are up to 67% less emissions intensive than gasoline cars, their competitiveness depends on many factors like the source of electricity used for vehicle and battery manufacturing and charging. Given that India still has a high share of coal or other fossil fuels in its power mix, electrifying the current car taxi fleet would help it cut emissions faster than incentivising the use of privately owned EVs because of the taxis’ greater utilisation in terms of miles travelled.

Haryana tenders 57 MW grid-connected solar capacity

Haryana Power Generation Corporation Limited has invited global bids for setting up of an aggregate ground-mounted solar capacity of 57 MW at three sites in the state. Of the total capacity, 30 MW shall come up in Faridabad, and plants of 15 MW and 12 MW at two separate sites in Yamuna Nagar. Bidding closes on July 17.

Longi to spend $349m on new 5 GW module fab in Taizhou

The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.

India and Australia could strike first lithium deal

Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.

1

Adani Renewable bags 600 MW wind-solar hybrid project

The developer’s Gujarat business will supply power for Rs2.69 under a 25-year PPA after winning a tender conducted by the Solar Energy Corporation of India.

750 MW Rajasthan tender attracts low bids of Rs 2.5/kWh

The tariffs are slightly above Rs2.48/kWh seen in March procurement but still fairly below the levels hit in Maharashtra and Gujarat auctions recently—reaffirming the state’s attractiveness to PV developers.

1

Government thinktank proposes ban on diesel and petrol driven vehicles

The NITI Aayog has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.

Essel in talks with Adani for solar assets sale

Following UK-based private equity investor Actis dropping the purchase plan, debt-laden Essel Infraprojects is reportedly negotiating the deal with Adani Group for Rs 1,800-2,000 crore.

NTPC tenders 160 MW solar project in Rajasthan

A requirement for domestic-only solar modules has been lifted in the latest solar tender by the Indian power giant. Interested bidders have until next Wednesday to get their submissions in.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close