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solar power projects

1 GW Tender from NTPC Under Phase-II of CPSU Program Out

National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request  for 1 GW a week ago.  The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically […]

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NTPC Granted Electricity Trading License by CERC

CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […]

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Draft Net-Metering Regulations For Goa and UTs Issued by JERC

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories (UTs) has issued draft net metering regulations. The Regulations shall extend to the state of Goa and the UTs of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Puducherry. And, will be applicable only to […]

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NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan

The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […]

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Risen Energy Forms Strategic Partnership to Expand Business in Australia

Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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HPPC Ordered to Follow Latest MNRE Competitive Bidding Guidelines

HPPC has been ordered to follow the latest competitive bidding guidelines issued by MNRE for procurement of power from solar power projects. The Haryana Power Purchase Centre (HPPC) has been ordered by the Haryana Electricity Regulatory Commission (HERC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy (MNRE) […]

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New Aspirations with New Year!

The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […]

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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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