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.
SJVN secures 15MW floating solar project
The State-owned hydropower producer has landed a 15MW grid-connected floating solar PV power project in the Bilaspur district of Himachal Pradesh. It has also received the Ministry of New and Renewable Energy’s approval to develop a 400MW solar park in the Kinnaur district of the State.
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.
SECI invites global bids for 100 MW floating solar in Jharkhand
Solar Energy Corporation of India Limited (SECI) has invited global bids for the installation and commissioning of a 100 MW (AC) floating solar project at Getalsud Dam in the Ranchi district. The installer’s scope of work also includes ten years of operations and maintenance of the solar plant. Bidding closes on March 31.
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.
SECI tenders 25 kW green hydrogen project for a hospital in Ladakh
The selected developer will be required to set up a 25 kW green hydrogen project at Sonam Norboo Memorial (SNM) Hospital in the Leh district, for the supply of electricity, heat, and oxygen to the hospital. Bidding closes on March 10.
AC Energy and UPC Renewables start work on their largest solar project in India
Philippines-based AC Energy and Hong Kong-headquartered UPC Renewables’ solar energy arm are jointly building a 300 MWac (420 MWp) solar farm in Madhya Pradesh. The plant, when completed, will be the joint venture’s third and largest solar project in India to date.
Daily news wrap: Waaree Energies gets SEBI nod for IPO, Jharkhand starts getting 200 MW solar power from Gujarat
Solar manufacturer Waaree Energies had filed its draft red herring prospectus (DRHP) with Sebi in September last year. Jharkhand has started getting 200 MW of solar power from Gujarat at a price of INR 2.5/kWh under a 25-year PPA with SECI.
India may add 12.5GW of solar in 2022-23
Ratings agency ICRA expects the solar boost based on the backlog of PV projects awarded by central and state electric utilities.
Azure Power commissions 600 MW Rajasthan solar project
The PV plant, in the Bikaner district of the state, is the largest PV power project in India owned and operated at a single location by a developer.
