RESCO

Tender Issued for 41 MW Rooftop Solar Systems in Madhya Pradesh

MPUVNL has invited bids for the discovery of tariff and selection of SPDs for the implementation of 41 MW rooftop solar systems in Madhya Pradesh The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a Request for Proposal (RfP) inviting bids from the eligible bidders to participate in the discovery of tariff and selection […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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Tender for 5 MW Solar Plant on RESCO Model Issued in Noida

The New Okhla Industrial Development Authority has issued a tender for the commissioning of 5 MW solar PV plant on the RESCO model in Noida The New Okhla Industrial Development Authority (NOIDA) has issued a tender for the commissioning of a 5 MW grid-connected solar PV plant under the RESCO model at identified buildings/ spaces […]

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HSCC Tenders for 10 MW Solar Plant Under RESCO Model at NCI Haryana

HSCC has issued a tender on behalf of AIIMS for setting up of a 10 MW solar plant at the National Cancer Institute (NCI), Haryana under the RESCO model. The Hospital Consultancy Corporation Ltd. (HSCC) has issued a tender on behalf of the All India Institute for Medical Sciences (AIIMS) for setting up of a […]

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An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape

CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […]

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REC Group Makes Comeback in India with RESCO’s 45MW Solar Order

Order winner, REC Group has planned to showcase its breakthrough technologies in the upcoming Renewable Energy India Expo (REI Expo). European solar photovoltaic (PV) panel provider in India, REC Group has clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC […]

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Delhi Govt Aims to Generate over 2 GW of Solar Power by 2025

Further, the Energy Efficiency and Renewable Energy Management Centre (EE&REM), Delhi’s Department of Power has organised a consultation workshop ‘Rooftop Solar Demand Aggregation Program for Domestic Consumers’, with an aim to achieve this 2 GW of solar power goal and understand the opportunities and challenges in aggregating the consumer demand. In a bid to generate over 2 […]

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Over 60 Cos Participated in MP’s 28 MWp Rooftop Solar Project Pre-Bid Meet

Moreover, the bids will be submitted for the tender by July 9, and the financial bid will be opened on 19th July. More than sixty prospective bidders from across the country have participated in the 2nd pre-bid meeting for Madhya Pradesh’s 28 MWp rooftop solar project. As per the Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) […]

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MP Implements 26 MW Rooftop Solar Programs Via RESCOs

Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […]

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