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Virescent Renewable Energy Trust completes the acquisition of 50MW operating solar asset from Godawari Green Energy

The 50MW concentrated solar power plant, located in the state of Rajasthan, was commissioned in June 2013 and benefits from a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam.

Larsen & Toubro secures 280MW of solar projects

The Indian multinational EPC solutions provider has been awarded a 245MW solar power project in Rajasthan, and a 35MW(AC) PV capacity with 57MWh battery energy storage system in the Kutch district of Gujarat.

Azure Power commissions 300MW solar project in Rajasthan 

The solar power project, located in the Bhadla region, will supply power to Solar Energy Corporation of India for 25 years at a tariff of INR 2.58 (US 3.7 cents) per kWh. 


Rajasthan to host 1.8GW of new solar parks in Jaisalmer and Bikaner

The Indian State of Rajasthan, with 10,560MW of installed solar power capacity, will have an 800MW solar park in Jaisalmer developed through Rajasthan Power Generation Corporation. Rajasthan Solar Park Development Company, a Rajasthan Renewable Energy Corporation subsidiary, will build a 1,000MW solar park in Bikaner.


Azure Power refinances its 600MW Rajasthan solar project at the lowest rate of interest in its portfolio to date 

The Indian developer has refinanced its existing term loan of INR 23.50 billion (US$ 313 million) for the 600MW solar project at an interest rate of 7.2% per annum, fixed for 42 months.

Rajasthan signs pacts for over 90 GW of renewable energy projects 

State-owned power producers THDC India, NTPC, NHPC, and SJVN have committed investments to build 10 GW of renewable energy capacity each. Among private firms, Reliance plans 20 GW and Axis Energy Group 28 GW of solar projects and 4 GW solar module manufacturing facility.


SJVN targets 10 GW of solar projects in Rajasthan over five years

The State-owned hydropower producer has proposed an investment of INR 50,000 crore (around US$6,683 million) to develop 10 GW of solar power projects in the State in the next five years.


Rajasthan to create geo mapping-based data bank for renewable energy projects 

The move is aimed at identifying chunks of land for solar plants and solar parks as the State government looks into the possibility of developing more capacity in the state and further increasing its ‘37.5 GW by 2024-25’ renewable energy generation target.


NTPC arm tenders 3.5 MW (AC) solar at four airports 

The solar plants are to be set upon the land available at four airport sites in the States of Delhi (2 MW), Madhya Pradesh (0.5 MW+0.5 MW), and Rajasthan (0.5 MW) under net metering.

Rays Power signs MoU for INR 500-crore solar investment in Rajasthan

Director Nidhi Gupta told pv magazine that the company had signed the agreement to invest INR 500 crore (US$67.2 million) in building a 120 MW solar park in the Bikaner district of the State. The solar park will provide plug-and-play infrastructure for captive solar projects.

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