Latest 1.2 GW of solar capacity awarded at Rs2.54 ahead of safeguarding duty fall
SECI’s 1.2 GW solar auction saw four companies – Ayana Renewable, ReNew Power, Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at Rs2.54/kWh. Avaada Energy won the remaining 50 MW, at Rs2.55.
Power minister seeks removal of priority sector lending limit for renewable energy sector
Easy access to finance topped the agenda of the minister’s meeting with various stakeholders, wherein issues related to land acquisition and Goods and Services Tax (GST) were also discussed.
SECI tenders 2 MW solar project for army posts in Jammu & Kashmir
Solar Energy Corporation of India (SECI) has invited bids for development of 2 MW solar PV power projects—1 MW each for Siachen and Partapur army posts—in Leh region of Jammu & Kashmir. The projects are to be developed on ‘build, own operate’ basis.
1.2 GW hybrid tender gets only two bidders yet again
Adani Green Energy and ReNew Power made techno-commercial bids for 600 MW and 300 MW, respectively, leaving the tendered capacity undersubscribed by 300 MW.
Tamil Nadu discom halts renewable energy auctions
Tangedco’s reputation for late payments scared off developers in its latest two, failed tender exercises. The solution? Get government body SECI to hold the auctions, because everyone knows it pays on time!
SECI extends 3 GW bid deadline once again
State-owned Solar Energy Corp. of India (SECI) has once again extended the bid submission deadline for its latest 3 GW, manufacturing-linked solar tender, following a tepid response.
New factory-focused solar tender reportedly in the offing
With last year’s embarrassing manufacturing-linked capacity tender limping along, it has been reported that the Indian government – whichever form it takes after the current elections – is considering a new tender to incentivize the establishment of a domestic solar industry.
Power-surplus Karnataka state says no to new solar
India’s leading solar region has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
Tackling India’s solar waste challenge
As the nation aims for 100 GW of solar capacity by 2022 it is staring at up to 1.8 million tons of PV waste by 2050. A solar waste management seminar organized by consultancy Bridge To India in New Delhi brought stakeholders together to discuss how a PV waste management system could help.
India could add 7-7.5 GW solar capacity this fiscal, predicts ICRA
The solar capacity addition of 7-7.5 GW in FY2019-20 will be 15% higher than a subdued 6-6.5 GW in FY 2018-19. Of the total, 1 GW would come through open access/group captive route and grid-connected rooftop.
