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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh

National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […]

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India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land

The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […]

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Indian Government doubles down on Solar Parks after SunEdison Setback

According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […]

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Government doubles power generation target from solar energy parks

Centre is gearing up to double the clean energy generation from solar parks to 40,000 MW in the backdrop of slow offtake of rooftop solar and problems being faced by some project developers. PTI citing a senior government official reports that the Ministry of New & Renewable Energy is eager to set up solar park […]

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IRPRI’s 4 Day Residential Training Programme concludes

IPPAI Regulatory & Policy Research Institute, with India Smart Grid Forum (ISGF) organized a four-day residential, training program on “Reducing Power Costs through Optimisation:  A to Z of Power Trading; Mandatory Trading of RECs & ESCerts”.The training program that started on 29th June  concluded today (2nd July) in IRPRI Resort, Belgundi, Belgaum, Karnataka. The course […]

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SECI signs PPA with Five utilities in Karnataka for 1GW solar power project, issues NIT for 5MW project in Telangana

Five utilities Karnataka have signed power purchase agreements (PPA) with Solar Energy Corporation of India (SECI) for 1GW of solar power project. According to recent reports Karnataka is facing one of the worst power crises in the last two decades. Solar Energy Corporation of India has also issued a notice of interest (NIT) for Design, […]

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World Bank announces to provide more than $1 billion for India’s solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […]

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