Independent Power Producers

Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global

Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […]

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Nepal Invites Tenders for 100 MW Solar Projects

Nepal Electricity Authority (NEA), the state-owned power utility, has invited bids for the selection of independent power producers (IPPs) for the development of 100 MW of grid-connected solar PV capacity. These projects will come up at 16 designated sites in the Himalayan country. According to the notification, the last day for the players to submit […]

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Oman Begins Tendering for 500-MW Solar Project

When the Middle Eastern countries of Saudi Arabia and UAE are going bullish on renewable energy, Oman doesn’t like the idea of staying behind by far. In a key development, Oman Power and Water Procurement Co. (OPWP) has come up with a tender to select the independent power producers (IPPs) for the development of a […]

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Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt

The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […]

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Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra

The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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RK Singh Meets IPPs; Assures to Resolve Issues

Singh said that their concerns would be examined into and assured them of suitable action in consultation with concerned departments to strengthen the power sector. The Union Power Minister R K Singh has met with Independent Power Producers (IPPs) and discussed about the issues faced by them. He assured IPPs to find out possible solutions. […]

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