Commissioning extension for solar projects only on case-by-case basis, says MNRE
Solar Energy Corp. of India, NTPC, and NHPC would examine developers’ requests for an extension to their solar and wind-solar projects on a case-by-case basis. The extension would be granted only if the developer has taken all possible measures to implement the project (such as land acquisition and order for module/balance-of-system supply) but couldn’t complete it for reasons beyond his control.
SECI wraps up 1.2 GW hybrid wind-solar tender with INR 4.64-4.73/kWh tariff
Solar Energy Corp. of India has published the winners of 1.2 GW of hybrid wind-solar projects, paired with energy storage for assured peak power supply. The lowest tariff awarded was INR 4.64 ($0.057)/kWh.
SECI recorded over 59% jump in RE power trading volume during FY 2022-23
Solar Energy Corp. of India Ltd (SECI) traded over 35 billion units of renewable power during FY 2022-23. Revenue from power trading surpassed INR 10,000 crore.
SECI tenders 300 MW solar under CPSU Scheme
Solar Energy Corp. of India Ltd (SECI) has invited domestic bids to install a 300 MW (AC) solar PV project, on a turnkey basis, in Andhra Pradesh.
India to tender 50 GW of renewable energy capacity annually for next five years
The structured bidding trajectory will provide sufficient time to renewable energy developers to plan their finances, develop business plans and manage the supply chain more efficiently, said power minister R.K. Singh.
SECI launches 2 GW solar tender
Developers have until May 10 to submit bids for setting up 2 GW of solar power generation capacity, connected to the interstate transmission system, anywhere in India. The projects are to be developed on a build-own-operate basis.
SECI tenders 100 MW floating solar in Jharkhand
Solar Energy Corp. of India Ltd (SECI) has invited global bids to build a 100 MW (AC) floating solar PV Project at Getalsud Dam in the Ranchi district of Jharkhand. Bidding closes on May 2.
Renewable energy auctions not in tandem with government targets
India tendered only about 28 GW of variable renewable energy capacity in 2022, as against 40 GW in 2019. The nation needs to add 30-35 GW of new VRE capacity annually to reach its climate targets by 2030 and that requires more than 35 GW of annual tendering.
JSW Energy secures Letter of Award for 500 MW/1 GWh battery storage projects
The private-sector power producer has been awarded 500 MW/1 GWh of standalone, grid-connected battery energy storage projects by the Solar Energy Corp. of India Ltd. It will set up the projects on a build-own-operate-transfer basis.
Amp Energy secures PPA for 200 MWp wind-solar hybrid project
The developer will set up the wind-solar plant on a build-own-operate basis and sell the generated electricity to the Solar Energy Corp. of India.
