The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.
Haryana Power Generation Corporation Limited has retendered ground-mounted solar capacity of 57 MW with relaxation in eligibility criteria. The projects—to be set up on build, operate and transfer basis—shall come up at three sites in the state and will be awarded through international competitive bidding. Bidding closes on November 25.
The power produced by NTPC (40 MW) and Sukhbir Agro Energy (32 MW) will be purchased by Uttar Pradesh Power Corporation Limited at tariffs of Rs 3.02/KWh and Rs 3.05/KWh, respectively, for a period of 25 years.
Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
The manufacturing linked ISTS tender may face a ‘no bid’ situation even with amendments and bidding extensions, industry insider Gopal Lal Somani tells pv magazine as he explains the major reasons for developers’ cold response to some of the recent tenders.
November 21 is the last date to bid for the solar capacity which shall come up at NTPC’s Anta project in Baran district. Bids must be accompanied with Rs 20 million as bank guarantee.
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
The ISTS connected projects—to be developed on ‘build-own-operate’ basis—can be set up anywhere in India for round-the-clock power supply to New Delhi Municipal Council and Dadra & Nagar Haveli. December 3 is the last date for bidding.
By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business. Ample funding is available for them to make the switch.
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