Solar Energy National News

Hyderabad Metro Stations to Power with EV Charging Points

A contract had been signed with the Power Grid Corporation of India (PGCIL) to promote EV charging stations at metro stations. In a move to go green and provide eco-friendly services, L&T Metro Rail (Hyderabad) will soon be going to set-up electric vehicle (EV) charging points at the Metro stations. In a release LTMRHL said that, a […]

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India’s Green Good Deeds gets global recognition; to be in BRICS Ministerial agenda in Brazil, Russia

Dr Harsh Vardhan at the ongoing 4th BRICS Environment Ministerial in Durban, South Africa had urged the BRICS nations to jointly help in development of a social movement to fight for the protection and conservation of environment. Green Good Deeds, the societal movement launched by Environment, Forest & Climate Change Minister Dr Harsh Vardhan to […]

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Installation of Rooftop Solar Plant Should Not be Mandatory: Former MP

The entire process of switching to solar power should be done gradually so as to ensure that the process is hassle-free for the citizens, the statement reads. Rather than making it mandatory for the people to have rooftop solar installation on their homes the administration should encourage and subsidies the process, Former Union Minister Pawan […]

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Azure Power Wins 130 MW Solar Power Project in Maharashtra

At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […]

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Sterlite Power Gets $47 Mn Conductor Order from GS S Korea

The ACCC will be used for a new 400 kv transmission line across a route length of 169-km on a Power Grid Company of Bangladesh project. One of the global developers of power transmission infrastructure, Sterlite Power has bagged an order worth USD 47 million from GS S Korea for supply of High-Performance Conductor (ACCC). […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19

The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […]

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Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam

These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […]

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