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Markets & Policy

EESL tenders 100 MW solar in 3 states, plans 200 MW rooftop in Maharashtra

India’s Energy Efficiency Services Ltd (EESL) has invited bids from domestic and international players for setting up of small grid-interactive solar plants ranging from 500 KW to 2 MW at lands of state-owned utilities. The cumulative capacity, to be installed in turnkey mode, is 40 MW for Maharashtra and Andhra Pradesh each and 20 MW for Jharkhand. The state-run energy service company is also mulling to install an aggregate 200 MW of grid-connected solar rooftop across 5,000 state-owned buildings in Maharashtra.

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.

Another bidding extension for IGL’s solar-plus-battery tender

Bidders can now lodge their interest until July 1 and are required to submit any amendments, signed and stamped, along with the bid.

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.

Removal of priority-sector lending cap – solar industry reaction

The power minister’s proposal would be a step in the right direction towards meeting the 40 GW rooftop solar target, as it removes a financing hurdle for small and medium enterprises.

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.

Europe announces plans for battery gigafactories

In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?

Plug-in hybrid cars have no longevity – stick to pure electric

A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.

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