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NVVN Seeks Developers for 50 MW Grid Connected Solar Plant in Jharkhand

NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly-owned subsidiary of NTPC Ltd, has issued a tender inviting bid for the development of 50 MW (AC) grid-connected solar photovoltaic (PV) project at Panchet, DVC, in Jharkhand. Interested bidders can download the tender document and start submitting bids from May 21, 2020, at 5:00 p.m. onwards, while []

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Tata Power Posts Financial Results; Boosted by Renewable Business

Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, Indias largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After []

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Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs []

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MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra

Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCLs) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up []

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EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF

Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide with the coronavirus crisis interrupting ten successive years of []

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Indias Solar, Wind Capacity Installation Falls 70% in Q1 2020

The solar and wind energy installations in India fell short by 70 percent with 720 MW of solar energy and 188 MW of wind energy projects installed during the January-March quarter of 2020, as compared to the previous quarter, as per the research and advisory services provider firm. On a yearly basis, India commissioned 35 []

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NTPC Tenders for Solar Modules Package for Solapur Project

NTPC has issued a tender for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project NTPC Ltd has issued a tender, inviting bids from eligible vendors and bidders for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project in Maharashtra. The []

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Grid (In) Stability in Focus At Accentures Digitally Able Grid Survey

More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an []

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Sterling And Wilson Solar Adds Rs 3015 crore Australian order to Kitty

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 []

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