Bids can be submitted until February 16 to install and commission the project at the Ultra Mega Renewable Energy Power Park (UMREPP) in Koppal District.
The funds will be used to move about 7,200 km of overhead distribution lines underground. Besides, fibre-optical cables will be installed in parallel to the underground distribution cables to strengthen the communication network for smart metering, distribution automation, etc.
The work includes consultancy for demand aggregation and implementation of 1060 MW of grid-connected rooftop solar PV systems. Applications can be submitted until January 1, 2021.
The network consists of a 96 V, 5.2 kW solar power system and a 96 V, 7.5 kVA PV inverter plus 96 V, 150 Ah of lead-acid battery storage. The microgrid will provide backup power during emergencies.
With the latest acquisition, the total operating renewable portfolio of the joint venture between Adani Green Energy and the French oil and gas major has reached 2,353 MW.
The solar manufacturer will expand its annual encapsulant manufacturing capacity by 1.35 GW and backsheet production by 1 GW.
The purchased solar portfolio is relatively young, with average remaining power purchase agreement life of around 21 years.
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
Developers have until August 29 to submit bids for the installation of grid-connected rooftop solar plants on selected government buildings of Belagavi Smart City.
This marks the first such acquisition for the Bengaluru-based developer as it looks to acquire high-quality operating renewable assets to ensure a balanced risk portfolio.
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