Manufacturing-linked solar tender scaled up to 7 GW
Solar generation capacity aggregating to 7 GW—as against 6 GW earlier—will now be awarded against setting up of 2 GW of annual manufacturing capacity. Tariff ceiling has also been increased to Rs2.93/kWh, from Rs2.75, for a period of 25 years. Bids can be submitted till October 31.
India to fall well short of 175 GW renewables target
A report by Indian ratings agency CRISIL points to a rising rate of tender failures, an inconsistent policy approach from central and state governments and restrictive solar energy tariff caps and says India could have just 104 GW of renewables capacity by 2022.
SECI tenders 500 quantities of solar cooking systems
Bids are invited for design, supply, installation and commissioning of solar home cooking systems in five districts of different states (Meghalaya, Chhattisharh, Jharkhand, Uttar Pradesh and Gujarat). Bidding closes on November 8.
Another bidding extension for 275 MW Uttar Pradesh tender
The state government has set a solar power target of 10,700 MW by 2022 and 23,500 MW by 2030. The latest extension by Solar Energy Corporation of India is second in line for the 275 MW project which was announced in August.
Trina opens trade show by announcing more than 4 GW of module shipments to India
The Chinese manufacturer claims to be the first company in the nation to supply that volume of solar modules. The news is unlikely to be welcomed by a government desperate to foster its own solar manufacturing sector.
India Ratings downgrades solar outlook for FY2019-20
Revision in the outlook to ‘stable’—from ‘positive’—stems from resurfacing renegotiation fears and continued delay in payments from some of the offtakers.
SECI to supply almost 1.3 GW of clean power through deals signed in the last four weeks
With the power minister hinting a new renewable energy tariff policy could be in the works, the federal agency responsible for solar – which has come under fire after the latest delay to a troubled PV manufacturing tender – has boasted of the volume of clean power it has signed deals for recently.
SECI extends 6 GW manufacturing tender deadline again
The Solar Energy Corporation of India has extended the deadline yet again for a procurement exercise originally intended to secure 5 GW of PV manufacturing capacity and 10 GW of generation assets 13 months ago. The deadline for bidding for 2 GW of production and 6 GW of generation capacity is now October 11.
Minister advises developers to turn to court to secure clean energy monies owed by electric utilities
The financial failings of India’s electric companies have once again come to the fore as the power minister warned the seven worst offending states the lengthening debts they owe renewables developers could be recovered via the National Company Law Tribunal.
SECI retenders 97.5 MW rooftop solar projects for government buildings
Global bids are invited for RESCO and CAPEX mode grid-connected projects to be set up in different states and union territories of India. The projects shall be eligible for achievement-linked incentives. Bidding closes on September 30.
