The Solar Energy Corporation of India has issued amendments to the procurement and extended the bidding deadline by two weeks.
Work is underway for the installation of 10 GW hybrid renewable power projects in the Indian Union Territory of Ladakh. Land identification and preparation of a detailed project report (DPR) for the necessary transmission infrastructure have already begun.
Solar power developers have until February 15 to lodge interest for setting up the 15 MW solar PV project in the district Bilaspur of Himachal Pradesh. The maximum levelized tariff payable to the project developer is fixed at INR 3.41/kWh for 25 years.
Domestic bids are invited to set up a 25 MW (AC) grid-connected solar plant at Bharat Coking Coal Limited’s Bhojudih Coal Washery in West Bengal. Bidding closes on March 10.
Uncertainty around generation compensation in the event of curtailment due to grid safety reasons and the requirement to maintain at least 33% wind project share in the total contracted capacity are among the deciding factors in tariff assessment.
With this solar win, Sembcorp Industries’ renewables portfolio has swelled to over 3 GW in operation and under development across Singapore, China, and India.
Bidders have until March 1 to bid for setting up the cumulative grid-connected solar PV capacity—including 40 MW conventional ground-based and 10 MW agrivoltaics—in Cuddalore and Tiruvannamalai districts.
With this project, Adani Green Energy’s total renewable energy project capacity has swelled to 14,795 MW, of which 2,950 MW projects are operational and 11,845 MW under implementation.
The Solar Energy Corporation of India, NTPC, NHPC and other state-owned organizations have been directed to reduce RE contracts’ performance security from 5-10% to 3% of the contract value under the Finance ministry’s order dated November 12, 2020
The solar electricity price in India has dipped further to an all-time low of INR 1.99/kWh in a 500 MW Gujarat auction held recently, which is 0.5% lower than the previous record of INR 2/kWh set a month ago.
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