The Indian engineering, procurement and construction contractor has secured orders to build two solar plants of 200 MW each in Gujarat. It has also won significant contracts for power transmission and distribution related work in Rajasthan, West Bengal, Tamil Nadu, and Arabian country Qatar.
Tata Power, TEQ Green Power, and Vena Energy Renewables Urja have approached the Delhi-based Appellate Tribunal for Electricity (APTEL) seeking interim relief against the Gujarat Electricity Regulatory Commission’s order allowing retendering of the awarded solar capacity.
The state electricity regulator has passed the order in Gujarat Urja Vikas Nigam Ltd’s favor, allowing it to retender the 700 MW capacity to seek lower tariffs than the INR 2.78-2.81/kWh levels awarded to developers. Developers’ body says the move will impact investors’ sentiment as arranging finance starts soon after developers win a capacity.
The Gujarat-based solar developer has signed power supply agreements with nine different industrial customers for PV projects aggregating to 13.15 MW.
Following NTPC’s 320 MW project, Tata Power has won the order to build 95 MW of ground-mounted solar PV project for Gujarat State Electricity Corporation Limited (GSECL). The order value of the project is around INR 460 crore ($63 million).
The selection of developers to set up 500 MW solar project capacity and supply power to the Gujarat Urja Vikas Nigam Ltd will be done through competitive bidding followed by reverse auction. Bidding closes on February 23.
Bids are invited to supply, install and commission a module cleaning system for the entire solar plant. The work scope also includes operation and maintenance support for three months after commissioning.
The 150 MW solar plant in Kutchh is Adani Green Energy’s third PV commissioning within a month. Its other two solar capacities that became operational since December end include 100 MW at Khirsara, Gujarat, and 25 MW at Chitrakoot in Uttar Pradesh.
The Gujarat-based solar developer has signed solar power supply agreements with textile manufacturer Ginni Filaments Limited (for 1.2 MW) and Sankalp Paper Industries (1.3 MW).
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