The Irrigation Department of Uttarakhand, Dehradun, has retendered 27 MW solar PV project at Haripura dam and 13 MW project at Tumariya dam in district Udham Singh Nagar of the state. The project–to be developed under ‘build-own-operate-transfer’ (BOOT) model–would now be awarded through tariff-based international competitive bidding.
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.
State-owned Madhya Pradesh Power Management Company Limited (MPPMCL) has invited domestic and global players for providing grid-scale energy storage services of up to 500 MW with 8 hours of daily discharge and setting up a storage manufacturing facility in the state. The deadline for proposal submission is August 2.
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.
The Ordnance Factory Board (OFB) cut its cost of electricity consumption from Rs 463.22 lakh during 2015-16 to Rs 163.78 lakh during 2018-19, using solar power generated from grid-connected PV projects installed at its various units.
With continuous decline in costs of solar power generation, the chorus for shortening the 25-year power purchase agreement (PPA) period is growing louder.
The Mumbai-based EPC contractor and module manufacturer expects its international business to account for more than 15% of its overall revenue. The company’s latest installation, in Vietnam, marks the completion of over 600 MW of solar EPC projects, with an additional 100 MW in its international pipeline.
The preliminary proposals must reach the ministry by June 30. These will be examined by a committee and the shortlisted parties will be invited to submit final proposal.
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