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Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park

A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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Tata Power Solar Bags the Prestigious Dun & Bradstreet – Everest Infra Awards 2017

The 100 MW plant is the largest DCR project commissioned by us till date and its execution ahead of schedule, as well as performance, demonstrates our commitment towards high quality manufacturing and project execution capabilities. Tata Power Solar, India’s largest integrated solar company, won ‘Dun & Bradstreet – Everest Infra Awards 2017’ under Infrastructure Project […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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Freefall of Solar Bids

The lowest bids can be undermined or loosefit for Indian solar players in front of Chinese majors. Let’s keep it debatable. But the fact not to deny is, solar power tariffs in India are falling at a quantum rate which includes the recent Rs 2.44 per unit bidding for Bhadla Phase-III Solar Park in Rajasthan. […]

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First Utility Scale Storage Project in India Takes Off

The 20MW solar power project is the first utility scale storage tender in India to announce results, and it includes provision of complete EPC and O&M services for twenty-five years. NLC India Limited, a government of India owned coal mining company, recently completed auction for a 20 MW solar project integrated with 28 MWh storage […]

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NSPCL Invites EPC Bids for 25MWp Solar Power Project in West Bengal

The 25 MWp Solar PV power project shall be implemented in a single EPC package under domestic competitive bidding using Non DCR (open category) manufactured PV modules and cells. NTPC-SAIL Power Company Limited (NSPCL), a Joint Venture of NTPC Limited and Steel Authority of India Limited, is in the process of setting up a 25 […]

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Azure Power Secures 250MW Solar Power Project with the Tariff of Rs 3.14

Azure Power will also be providing O&M services for 250MW solar power project apart from designing, engineering, manufacturing work scope. Azure Power has announced that it has won a 250MW solar project in an auction conducted under Domestic Content Requirement (DCR) by Indian utility NTPC. Azure Power quoted the lowest bid of Rs 3.14. NTPC […]

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India’s Acme Solar Eyes 335 Million Dollars through IPO

Funds raised from the IPO will be used for setting up this 200 megawatt project. This seems to be a very smart move on the part of the company, as raising debt with such a low tariff would have been a major challenge even when the off-taker is a government entity like NTPC Limited. One […]

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