CERC adopts tariff for SECI’s 1.2 GW ISTS-connected solar PV power projects with energy storage systems
The tariff adoption by Central Electricity Regulatory Commission (CERC) is a critical regulatory requirement under the Electricity Act and power purchase agreements. It provides regulatory certainty to the entire bidding process and ensures the sanctity of the discovered tariff, paving the way for the successful bidders to proceed with project execution and financial closure.
Accelerating pumped storage development in India
A white paper by EDF outlines the key challenges hindering pumped storage project (PSP) growth as planned by Government of India and provides strategic recommendations to improve project viability, attract private sector investment, and create a supportive regulatory and financial framework for the rapid development of PSP in India.
CERC adopts tariff for SECI’s 1.2 GW wind-solar hybrid power projects with assured peak power supply under Tranche VI
The wind-solar hybrid power projects were awarded to four successful bidders at tariffs ranging from INR 4.64/kWh to INR 4.73/kWh.
Tata Power arm wins contract to supply 292.5 MWp DCR solar modules
TP Solar has secured a contract from the Solar Energy Corp of India Ltd (SECI) to supply 292.5 MWp of PV modules complying with the Domestic Content Requirement.
Blueleaf, Jakson partner for 1 GW of solar projects in Rajasthan
Blueleaf Energy and Jakson target to jointly develop over 5 GW of renewable energy projects in India. The first project under the partnership is a 1 GW solar portfolio in Rajasthan, which benefits from 25-year power purchase agreements secured with the Solar Energy Corp. of India, NHPC, and Rajasthan Urja Vikas Nigam Ltd.
Acme Solar Q3 net profit 152% up YoY
Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.
The Hydrogen Stream: SECI awards LoAs for electrolyser production-linked incentives
Solar Energy Corp. of India Ltd (SECI) has issued Letters of Award for incentives to set up electrolyzer manufacturing capacities under tranche II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
Ladakh plans livestock grazing-friendly solar plant
Ladakh administration has directed Solar Energy Corp. of India (SECI) to initiate modalities for a livestock grazing-friendly pilot solar project in the Pang area of Ladakh.
Adani solar power contracts can’t be scrapped without proof: Andhra chief minister
Andhra Pradesh chief minister N Chandrababu Naidu said the state government can’t scrap power offtake contracts unless concrete proof is available.
ReNew sells 300 MW solar asset in Rajasthan for $176 million
The 300 MW solar project, located in Jaisalmer, benefits from a 25-year power purchase agreement with Solar Energy Corp. India Ltd at INR 2.55/kWh. It has been operational for three years.
