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Azure Power

Govt Looking to Float 5 GW Manufacturing-Linked Solar Tender Again

Most of the large industry players stayed away from the tender. And now, the government plans to cancel the previous bids and start fresh bidding on the project. The Government is planning to float the infamous 5 GW manufacturing-linked solar tender for a second time, after scrapping the results from the first issue. Solar Energy […]

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Viz-A-Viz with Mehul Sharma, Director Sales – India (TBEA Xián Electric Technology Co. Ltd.)

Q. Please tell our readers about TBEA Xián Electric Technology Co. Ltd. and its product offerings? TBEA Xián Electric Technology Co. Ltd., is one of the global leaders in Solar Inverter manufacturing having its Global Headquarters in Xián, China. Company is a part of TBEA group, and inherits the engineering & manufacturing excellence of 70 […]

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SECI’s 5000MW Solar Auction Gets Single Bidder

As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […]

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One Rupee Increase in Tariffs in Latest Solar Auction

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 […]

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Solar Tariffs Hit All-time Low at Rs 2.44 a Unit

Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […]

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Ludhiana Railway Station Plans Solarification to Save on Bills

The project will be implemented by the Azure Power Company, an independent power producer, which has already signed a contract with the railway ministry. In order to shift from conventional source of energy to more clean energy and save crores of rupees annually, the authorities at Ludhiana railway station have decided to install solar power […]

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Radite Energy Wins 1.8 MW Rooftop Solar Project from Godrej & Boyce

This is the single biggest order the company has ever bagged in the rooftop division. In a significant development, Gurgaon based Radite Energy has secured 1.875 MW rooftop solar project from Godrej & Boyce for Delhi NCR and Gujarat regions in the country. This is the single biggest order the company has ever bagged in […]

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India Won’t Impose Safeguard Duty on Imported Solar Equipment

The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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