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NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh

NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […]

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MERC Declines To Re-Determine Wind Tariff On Actual CUF

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has declined to amend a regulation retrospectively to re-determine tariffs. The case pertained to the re-determination of tariffs for wind power generators in Maharashtra. The order emerged when the state power utility MSEDCL approached the regulatory commission, arguing that actual tariff determination should be based […]

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SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh

Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […]

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Oswal Pumps Set To Ride Solar Boom With IPO Nod

The Securities and Exchange Board of India (SEBI) has approved the issuance of an Initial Public Offering (IPO) by Oswal Pumps. This move paves the way for the Karnal-based solar pump company to enter the stock market. The approval comes at a time when several solar companies and solar pump manufacturers have already entered the […]

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UPNEDA Plans Floating Solar Project On 35 Dams, Issues Tender

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued an Expression of Interest (EOI) from floating solar project developers. The tender is meant to gather information on the feasibility of floating solar power projects in the state and engage with potential developers. The last date for submitting bids under the tender is […]

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SJVN Opens Bids For 18 MW Rooftop Solar Project On Govt Buildings

SJVN recently released a tender to select Solar Rooftop Power Developers to set up 18.00 MW grid-connected rooftop solar PV power projects (without battery storage). SJVN is accepting bids until January 20, 2025. This project falls under the “PM Surya Ghar: Muft Bijli Yojana” scheme and will be located on 15 Union Government buildings across […]

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JSP, Adyant, Green Prairie, AMPIN, Adani Renewables Secure NTPC’s 1.2 GW Hybrid Project

As the year comes to an end, NTPC, a Maharatna company, has announced five winners of its 1.2 GW wind-solar hybrid project (Hybrid 02) tender. NTPC awarded the project to JSP Green (Jindal Renewables), Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), AMPIN Energy Utility, and Adani Renewables Energy Holding Twelve (Adani Green). […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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Khavda Adds Another 62.4 MW Wind For Hybrid Project From Adani

Continuing its momentum to add more renewable energy projects, Adani Green Energy’s (AGEL) step-down subsidiary, Adani Renewable Energy Forty Eight Limited recently commissioned a 62.4 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. Khavda is expected to see a string of projects over the next two years as it moves towards […]

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