India

NTPC Subsidiary NVVN Tenders for 30 MW Solar Projects in Madhya Pradesh

NVVN, a subsidiary of NTPC, has issued a tender for commissioning of rooftop/ ground-mounted solar projects worth 30 MW in Madhya Pradesh. NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC Ltd, has issued a tender – inviting bids from eligible firms for the commissioning of rooftop/ ground-mounted/ elevated structure solar PV projects worth […]

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Ayana Renewable Scoops Up $390 Million In Fresh Funding

CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […]

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TCCL Report on Renewable Integration & Curtailment: Causes, Solutions and Impact on Project Bankability

As renewable energy penetration deepens, curtailment issues are rising since the installations are concentrated largely in a few states. The equity IRR could fall below zero if the curtailment exceeds 40% and ADSCR would fall below unity if the curtailment exceeds 20%. The reports deals with the potential solutions including demand side and supply side […]

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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Hartek Solar Secures Order for 1.8 MW Rooftop Solar Project From Bikaji

Chandigarh-based developer Hartek Solar has announced that it has bagged a 1.8 MW rooftop project from FMCG firm Bikaji. The firm will execute the project right from the installation of solar panels and inverters to supply, design, engineering and commissioning. “Consolidating on its Pan-India presence, Hartek Solar, the rooftop solar division of Hartek Group has bagged a […]

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NTPC Subsidiary Tenders for 3 MW Rooftop Solar Plant at IIT Jodhpur

NTPC Vidyut Vyapar Nigam Limited has issued a tender for the commissioning of a 3 MW rooftop solar power plant at IIT Jodhpur. NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Ltd., has issued a tender, inviting bids from eligible firms for the commissioning of a 3 MW grid-tied rooftop solar power […]

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SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power

SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […]

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China & India to Lead Revival of Electricity Demand in 2021: IEA

After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […]

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Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service

Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […]

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