Solar Power Developers

B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers 

With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […]

Read more

SECI Issues RfS for 1200MW ISTS-Connected Solar Projects

The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project. State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power […]

Read more

MNRE Makes Few Amendments in Provisions for DRC

The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […]

Read more

Azure Power Inks Subscription Pact to Raise $75 Mn

Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […]

Read more

MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC

MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […]

Read more

Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers

The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […]

Read more

Azure Power Chairman, CEO Inderpreet Wadhwa to Step Down

He will continue as Chairman and Chief Executive Officer (CEO) until a new successor is named or December 31, 2019, whichever is earliest. Inderpreet S Wadhwa, who has led Azure Power to become one of the country’s largest solar power developers and operators with over 1.5 GWs of operating assets plus over 1.5 GWs of […]

Read more

The Message from Gujarat. The Solar Price Squeeze to stay in 2019

After the boom of 2017, solar power developers in India ran into a big, if not completely unexpected problem. Government expectations of price drops, when it came to bidding at auctions. The cancellation of the 1000 MW auction by Gujarat Urja Vikas Nigam Limited (GUVNL), for its Dholera solar park site was on expected lines. […]

Read more

NIA For Enlistment of EPC Bidders for NTPC Solar Projects

NTPC inviting bids for the enlistment of EPC contractors to develop its solar power projects. The National Thermal Power Corporation (NTPC) has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of EPC Bidders for development of Solar Power Projects of NTPC. The last date for submission of applications is […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll