Gujarat Urja Vikas Nigam Ltd has invited global bids to set up 500 MW of grid-connected solar projects. It shall enter into a 25-year PPA with successful bidders. Tariff ceiling is set as Rs 2.65/unit. Another tender for 185 MW—floated by Gujarat State Electricity Corporation Limited—seeks to select EPC contractors for plants ranging from 20 MW to 40 MW, which shall come up at various substations of Gujarat Energy Transmission Corporation Limited.
The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.
Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.
The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.
California-based SimpliPhi Power, which designs and manufactures lithium ferro phosphate (LFP) energy storage systems, has brought off-grid power to everything from the giant moon on Conan O’Brien’s talk show set to U.S. troops in Afghanistan and Iraq, to rooftops for Whole Foods and Airbnb. As the company prepares to enter into India, CEO and President Catherine Von Burg tells pv magazine why their LFP technology is best suited for India and their plans for the country.
The state government’s Policy for Development of Small-scale Distributed Solar Projects 2019 allows any individual or company to set up solar plants in capacities ranging from 0.5 MW to 4 MW for sale of electricity to the DISCOMs.
Global bids are invited for manufacturing and supply of multicrystalline PV modules with peak power output of minimum 330 Wp, for the state-owned engineering major’s projects in Gujarat. Bidding closes on December 11.
Program aims to drive down the cost of solar electricity to a maximum of Rs2.50/kWh in a nation where tariffs vary wildly from state to state.
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