SB Energy

NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20

Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […]

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Decoding The healthy Response to NHPC 2000 MW Solar Tender

On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […]

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Five Winners in NHPC’s 2 GW Solar Power Projects Tender

Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […]

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Stinging Order at APTEL Embarasses AP Discoms, Andhra Government By Extension

Adding politics to established policy is not recommended, and the consequences, when that is done, were there for all to see after the APTEL order yesterday (February 27). The case was a much followed one, of the Andhra Pradesh Discoms essentially, versus both the NTPC, as well as three of the key bid winners of […]

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Four Winners in SECI’s Latest 1200 MW Solar Tender

SECI has concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. The Solar Energy Corporation of India (SECI) has recently concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. With all winning bids coming in […]

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As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up

News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […]

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Madhya Pradesh Secures Rs 4000 Cr in Investments for 2 Wind Projects

Madhya Pradesh gained significantly at Davos, with investors promising to invest Rs 4000 crore for the development of two wind energy projects in the state. Madhya Pradesh gained significantly at Davos, where the World Economic Forum (WEF) is holding its annual meet, with investors promising to invest Rs 4,125 crore, of which Rs 4000 crore has been promised […]

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SB Energy to Invest $4 Bn in Gujarat on Renewables

Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […]

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SECI Schemes See June-July Capacity Additions Hit 24 Month Low

If Project commissionings under the schemes auctioned by SECI (Solar Energy Corporation of India) are any indication, solar and wind projects could really struggle to recover from a deep trough this year. Not only are delays, especially for wind energy projects in Gujarat, and lately, solar projects in Rajasthan and Tamil Nadu becoming endemic, it […]

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