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Power Purchase Agreement

5 Challenges For India’s 500 GW Clean Energy Target

India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […]

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K’taka Solar Case: APTEL Grants Relief To Hero Future Energies

In a significant development for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has partially set aside an order of the Karnataka Electricity Regulatory Commission (KERC) and granted key reliefs to Hero Future Energies Private Limited in a dispute involving project delays, liquidated damages, and tariff entitlements. The case originated from an appeal filed […]

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Reliance To Invest ₹10,000 Cr To Deploy 1,700 MWp Solar Under SECI PPA

Reliance NU Suntech, a subsidiary of Reliance Power Ltd, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI), the company said. The deal paves the way for the development of one of Asia’s largest single-site integrated solar and battery energy storage system (BESS) projects, expected to be commissioned […]

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AC/DC Ratio And Impact on CUF- APTEL Directs HERC To Do The Numbers

In an interesting case originating in Haryana, the Appellate Tribunal For Electricity (APTEL) bench has sent the parties involved back to the Haryana Electricity Regulatory Commission (HERC). The intent was to enable the state commission get a chance to actually do the prudent thing and calculate the impact of considering the AC/DC ration as 1:1 […]

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NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project

NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […]

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Assam Discom Issues EoI For 357 MW Project Under PM-KUSUM Comp-A

Assam Power Distribution Company Ltd (APDCL), has floated a tender to develop 357 MW of solar capacity under Component-A of the PM-KUSUM scheme. Bids will be accepted until May 8, 2025. The Assam Discom’s latest tender for 357 MW solar project under PM KUSUM will be spread across 272 locations, ranging from Nagaon ESD-II in […]

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SECI Floats 6.25 MW Rooftop Solar Tender Across 10 Institutes

Solar Energy Corporation of India (SECI) has invited bids to develop 6.25 MW of grid-connected rooftop solar photovoltaic (RTSPV) projects on a Build-Own-Operate (BOO) basis under the RESCO model across 10 educational institutions. The last date for bids submission is May 20, 2025. The tender stated, “The projects will be implemented across multiple states, including […]

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Bikaner: BluPine Set To Start 150 MW Of Solar Project With BESS

Renewable energy company BluPine Energy is now set to build a 150 MW solar project with an energy storage project at Bikaner in Rajasthan. The company, after winning the bid from the Solar Energy Corporation of India (SECI), is now moving closer to its commissioning. The firm through its Special Purpose Vehicle (SPV) Solarcraft Power India […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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