The purchased solar portfolio is relatively young with average remaining PPA life of around 22 years.
Global bids are invited for RESCO and CAPEX mode grid-connected projects to be set up in different states and union territories of India. The projects shall be eligible for achievement-linked incentives. Bidding closes on September 30.
The open access plant was set up on turnkey engineering, procurement and construction basis with the fashion retailer holding 26% ownership of the plant.
The state-run fossil fuel giant has partnered with an unnamed foreign start-up to produce electric vehicle batteries using raw materials easily available in India.
The two nations have signed an MoU to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
Of the total capacity, 2 MW is to be set up over a government water body at North Bihar Power Distribution Company Limited Circle in Dharbanga, while another 2 MW shall come up over any private water bodies in the state. Bidding closes on September 12.
The state—which had 8.5 GW of renewables capacity (2 GW solar, 6 GW wind and 0.8 GW biomass) operational as of March—is expected to add a staggering 46 GW to reach 55 GW mark by 2029-30.
Bidders interested in competing for a tender which will allocate 6 GW of solar capacity linked, pro rata, with 2 GW of manufacturing output now have until September 11 to register their bid as administrator the Solar Energy Corporation of India will amend the exercise to incorporate developer feedback.
The projects—to be set up on RESCO model (capital expenditures covered by the installer)—would come up on a total of 100 various government and private consumer buildings across the State.
Bids are invited to set up 370 KWp of grid-connected rooftop solar plants at various government buildings in Ajmer district of Rajasthan. Bidding closes on August 29. Bids will open the following day.
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