The ground-mounted, grid-connected project—to be developed in turnkey mode—shall be awarded through international competitive bidding followed by reverse auction. Bidding closes on October 27.
The coal-fired power generator is exploring new avenues of business with thrust on sectors that do not require huge amount of debt and are focused on new technologies. It has decided to participate in coal block auction process with a view to profitably mine and sell coal commercially.
India’s largest private-sector thermal power producer—which ranked as the sixth-largest solar player globally in 2019—has climbed to the top spot following a Solar Energy Corporation of India (Seci) award to develop 8 GW of Indian solar project capacity.
The Solar Energy Corporation of India has extended the bidding for its solar-plus-storage project in Ladakh by one month. The revised deadline is now September 30.
With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.
Single developers can bid for any quantity from 10 MW up to whole of the tendered capacity (1070 MW). The projects—to be set up on ‘build-own-operate’ basis—can be located anywhere in the State. August 31 is the deadline for bid submission.
India’s entire solar industry is dependent on Chinese imports to function. Hence, there is a comprehensive need to relook at the current policies and focus on building wafers and ingots capacity that will be used to manufacture the cells and eventually, modules.
The project—set up in Madhya Pradesh—is one of the world’s largest single-site solar power plants. It is also India’s first PV project to supply power to an inter-state open-access customer.
The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.
The 1.95 MW solar plant with 2.15 MWh battery storage will power four islands of the union territory—Agatti, Kavaratti, BangaRam and Thinnakara.
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