NTPC Wins 40 MW Solar Capacity in Uttar Pradesh Updated On Wed, Jun 26th, 2019 by Saurenergy NTPC has won 40 MW solar projects in an auction conducted by UPNEDA recently. State-run power utility NTPC has announced that it has won 40 MW solar energy projects in an auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently. The company will now develop two solar projects worth 20 MW each at the […] Read more
Tariffs Drop to Rs 2.5/kWh in SECI’s 750 MW (Tranche-II) Solar Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Four firms have emerged as the lowest bidders in the latest auction by SECI for the Rajasthan 750 MW solar Tender under Tranche-II. State-owned power giant NTPC, Mahindra Susten, Hero Solar Energy and Azure Power Maple have emerged as the lowest bidders in the latest auction by the Solar Energy Corporation of India (SECI) for the Rajasthan 750 MW solar […] Read more
Second Attempt Yields Lower Tariffs in Gujarat Solar Auction Updated On Fri, May 10th, 2019 by Saurenergy GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit Updated On Thu, May 10th, 2018 by Saurenergy Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […] Read more
500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
