The government of India has recognized the manufacturer for the development and commercialization of 2mm thick fully-tempered solar glass, Selene anti-glare solar glass, and Shakti solar glass in matt-matt finish.
Solar power generators have until June 22 to bid for the development of solar projects on a build-own-operate basis. Ceiling tariff is fixed at INR 3.08 INR/kWh.
Following a 140 MW solar capacity, the EPC contractor has commissioned an additional 85 MW for NTPC at Bilhaur in the Kanpur district. This takes the total project capacity to 225 MW, making it the State’s largest single-site PV plant.
India has set a ‘280 GW by 2030’ solar target, out of which 240 GW is yet to be implemented. India Ratings estimates the PLI scheme shall provide incentives to the beneficiary facilities for an aggregate sales of 20-30 GW over a five-year period, which is just 8%-13% of the planned 240 GW requirement.
The company’s capacity utilization was 5% lower than in March as it prioritized medical oxygen supply over augmenting steel production.
A new report says the Indian States must develop plans to incentivize investments into the deployment of utility-scale battery storage—just as they did for solar.
Developers now have until May 18 to bid for setting up the capacity in the Uttar Pradesh Solar Park. Technical bid shall be opened on May 19.
The selected bidders shall set up wind-solar hybrid power projects to supply the generated power under a 25-year PPA. Bidding closes on June 8.
India ranks behind the United States and China in IHS Markit’s latest rankings of most attractive solar markets.
US investor KKR-backed Virescent Infrastructure has acquired Singapore-based Sindicatum Group’s operating solar assets in three Indian states. The acquired PV projects benefit from long-term power purchase agreements with government counterparties.
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