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solar energy cost

Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost

Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […]

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Methane Emissions From Energy Sector Near Record High In 2023, Finds IEA Study

Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28 climate summit in Dubai, have the potential to put them into decline soon, according to new analysis from the International Energy Agency (IEA). […]

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MSEDCL Releases Tender For 1000 MW Solar Power Project

Maharashtra State Electricity Distribution Company Limited (MSEDCL) released a tender inviting long-term bids for procurement from 1000 MW inter/intra-state grid-connected solar power projects through a tariff-based bidding process. MSEDCL document mentioned, “This tender is for purchase of power on a long-term basis through a competitive bidding process. This is to be followed by a reverse […]

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The PM Free Solar Power Scheme- Challenges Ahead

The Pradhan Mantri Surya Ghar: Muft Bijli Yojna (PMMBY), going by the hype around it, has achieved one of its key objectives already. Perhaps no other announcement around solar has triggered the sort of coverage and expectations  like this single announcement from Prime Minister Narendra Modi to power 10 million households across India with solar […]

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SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda

SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […]

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MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds of bidding under MSKVY 2.0 subject to the condition that […]

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Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi

Uttar Pradesh govt and the Centre (GoI) have decided to set up a 600 MW solar project in Jhansi District in the state of Uttar Pradesh (Jhansi Solar Power Park). They signed an agreement for the development of a grid-connected ground-mounted solar power project.  The agreement mentioned, “The agreement was a signed between joint venture […]

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SJVN Lays Foundation For 50 MW Solar Project In Sontipur District Assam

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN has announced the development of 50 MW solar project in Sitalmari village, in Barsola Block of Assam. This project is being developed under Dhekiajuli Revenue Sector in Sonitpur district. This project is expected to be built at an estimated cost of Rs. 291 crores. […]

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