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Power Purchase Agreement

SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh

The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […]

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Tata Power Issues Tender for 225 MW Solar-Wind Hybrid Projects

Tata Power Company Limited has issued a tender for the supply of 225 MW wind-solar hybrid power. This will be on long term basis via competitive bidding. The selected bidder will be responsible for the development and procurement of 225 MW grid connected intrastate and interstate wind-solar hybrid power projects with a greenshoe option of […]

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SECI Announces NIT for 800 MW RTC Power For Haryana

SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […]

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SKF Signs VPPA with Enel to Power One-Third of its European Operations

A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […]

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NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects

Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha

The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […]

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RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible

In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […]

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KPI Green Gets Commissioning Certificates from GEDA for 26.10 MW Hybrid Power Project

Gujarat-based KPI Green Energy, which develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer has announced receiving commissioning certificates from GEDA (Gujarat Energy Development Agency). The firm has commissioned 26.10 MW wind-solar hybrid power project. The hybrid project comprises of 16.10 MW capacity of wind while […]

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