State-owned coal miner NLC India secured the largest slice of 450 MW. Other winners include Enfinity Global (300 MW), Welspun Renewable Energy (250 MW) and Adani Renewable Energy (200 MW).
The state-owned coal miner will develop a solar project to supply 200 MW of green power to electricity distribution companies in Telangana
High-efficiency bifacial PV modules manufactured in India will be installed for the 300 MW Barsingsar solar project in Rajasthan. The project is set for commissioning by September this year.
State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.
The state-owned thermal energy giant has deployed 1,421 MW of renewable power generation capacity so far, including 1,370 MW of solar and 51 MW of wind power plants.
The state government has already allotted land for the massive solar project that will be set up with an investment of INR 5,000 crore ($639 million).
State-run thermal energy giant NLC India has tendered the installation and commissioning of a grid-connected 100 MW (AC) solar project, in addition to a three-year operation and maintenance contract. Prospective developers can choose to install the PV capacity at any location in India. Bidding closes on June 8.
Bidders have until April 8 to lodge their interest in setting up a 100MW (AC) interstate transmission system (ISTS) connected solar power project anywhere in India.
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
Government incentives driving state-owned enterprises’ investment away from the soon-to-be stranded fossil fuel based assets are a way of further boosting investment in the renewable energy sector.
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