Rajasthan’s 1 GW/2 GWh battery storage tender sets new tariff benchmark at $1,999.45/MW/month
Eleven companies emerged as winners, most of them new entrants to the battery energy storage system (BESS) space. The awarded capacities ranged between 50 MW/100 MWh and 200 MW/400 MWh.
Sembcorp to acquire ReNew’s 300 MW solar assets in Rajasthan
Sembcorp Industries has announced the signing of an agreement to acquire ReNew’s 300 MW solar power asset in Rajasthan. The acquisition, valued at around S$246 million, will increase Sembcorp’s gross renewable energy portfolio in India to 6.9 GW.
Prime Minister Narendra Modi lays foundation stone of Avaada Group’s 1,560 MWp solar plus 2,500 MWh BESS project, inaugurates 282 MWp PV plant in Rajasthan
Prime Minister Narendra Modi today laid the foundation stone of Avaada Group’s 1,560 MWp solar plus 2,500 MWh battery energy storage system (BESS) project in Pugal, and also inaugurated its 200 MW AC (282 MWp) solar power plant in Shri Dungargarh, both located in Rajasthan’s Bikaner district.
ACME Solar’s 250 MW renewable energy project secures “ICRA AA-/Stable” rating upgrade
The rating applies to ACME Aklera Power Technology’s 250 MW renewable energy capacity in Rajasthan for its INR 1,072 crore term loan facility from Bank of America, Standard Chartered Bank and India Infradebt Limited.
ACME Solar secures INR 1,100 crore from SBI to refinance 300 MW project in Rajasthan
ACME Solar Holdings Ltd has secured domestic funding of INR 1,100 crore from the State Bank of India (SBI) to refinance its 300 MW renewable energy project in Rajasthan.
ACME Solar secures INR 3,892 crore SBI Funding for 400 MW FDRE project
ACME Solar has secured long-term project financing of INR 3,892 crore from the State Bank of India (SBI) for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.
Sterling and Wilson Renewable Energy wins 300 MW AC solar project worth INR 415 crore
Sterling and Wilson Renewable Energy Ltd (SWREL) has received a Letter of Intent for a Balance-of-System EPC package for a 300 MW AC (420 MW DC) solar PV project in the Indian state of Rajasthan.
SAEL Industries commissions 298 MW DC solar project in Rajasthan
The solar project benefits from a 25-year power purchase agreement with Rajasthan Urja Vikas and IT Services Ltd at a tariff of INR 2.61 per kWh.
NTPC REL launches 300 MW solar EPC tender
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package, including land acquisition, for the development of a 300 MW grid-connected solar PV project near NTPC Anta natural gas-fired power station in the Baran district of Rajasthan.
SGEL tenders 500 MW solar in Rajasthan
SJVN Green Energy Ltd (a wholly owned subsidiary of SJVN Ltd) has tendered the EPC package with land for development of up to 500 MW of AC grid-connected solar PV power projects in the state of Rajasthan.
