solar PV power projects

MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme

Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme. Now, […]

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NIT for Setting-Up 1.2GW ISTS Connected Solar PV Power Projects

The detailed Request for Selection (RfS) document will be available for downloading from January 14, 2019 onwards. The Solar Energy Corporation of India (SECI) has invited online bids for the setting up of 1200 MW ISTS connected solar PV power projects (ISTS-III). However, the detailed Request for Selection (RfS) document will be available for downloading from January […]

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Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs

The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […]

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Schemes launched by the Government to promote Solar Energy in the country

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question on schemes initiated by Government to promote Solar Power in the country, in Lok Sabha today informed that in order to promote solar energy, the Government have launched several schemes in the country. […]

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50 MW Solar Power Project Sanction to Refex Energy as EPC Contract

The Contract also included grid connectivity approval from Tamil Nadu State Electricity Authorities. A 50MW Grid interactive Solar power Project as Engineering, Procurement and Construction (EPC) contract has been clinched by Refex Energy, counts as leading sustainable energy solution provider firm in an auction organized by the public sector Neyveli Lignite Corporation (NLC).  As an EPC contract, […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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JinkoSolar completes Financial Agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi

The agreements were signed by Abu Dhabi Water and Electricity Authority (ADWEA) and Sweihan Solar Holding Company Limited (“Sweihan”), a joint venture between JinkoSolar and Marubeni Corporation (“Marubeni”), and a syndicate of international and local banks. JinkoSolar has announced that in a signing ceremony held at the Emirates Palace, the financial agreements for the debt […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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