In response to feedback from the domestic renewable energy sector, the Indian government has revealed plans to launch $5 billion of tenders for new transmission lines, starting in phases from this summer.
Following power company NTPC’s 20 MW tender for Rajasthan and 15 MW procurement for Himachal Pradesh, Haryana Power Generation Corporation Limited has invited bids to develop 10 MW of floating PV in Hisar. The deadline for bid submission is on March 1.
The project would be awarded based on international competitive bidding followed by reverse auction. The deadline for bid submission is February 25. The bids will opened on February 26, while the date of reverse auction will be intimated at a later date.
The Solar Corporation of India (SECI) has extended bids for a 150 MW floating solar tender in Uttar Pradesh; and for a 2 MW PV plant coupled with 1 MW of storage in Himachal Pradesh.
The recent 500 MW grid-connected solar capacity tendered by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) was oversubscribed by 250 MW. A reverse auction will now be held on October 9. The capacity is part of the previous 1 GW tendered capacity, which was oversubscribed by around 800 MW, but cancelled due to high tariffs
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
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