SECI

BERC has allowed the procurement at a tariff of Rs 2.50/ kWh as well as the trading margin has been kept at Rs 0.07 for every kWh. The commission order located that SECI tariff was competitive and also less than DISCOMs' average cost of power purchase for financial year 2022-23.

The World Bank, with the project, offers to India $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The project will certainly support SECI with human resource as well as company planning, project monitoring, procurement, economic and also contract management, environmental and also social safeguards as well as economic management, among others.

A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has actually been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by 2 subsidiaries, Adani Hybrid Energy Jaisalmer 2 as well as Adani Hybrid Energy Jaisalmer 3. With Solar Energy Corporation of India (SECI), Adani had actually become part of a power acquisition agreement (PPA) for 25 years at a rate of 2.69 rupees per kWh.

The beginning of the process for the 2nd part of the 600 MW floating solar plan on the Omkareshwar reservoir portends well for the development of this lengthy planned floating solar project. Earlier LOA's for phase 1, for 300 MW were awarded to AMP energy, NHDC, and SJVN.

Indian Independent power producer (IPP) ReNew Power has signed a variety of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.

Azure Power exceeded the upper end of its profits assistance for its Q3 fiscal year thanks to the enhancement of brand-new renewables projects.

This rates of interest of 7.2% is dealt with for 42 months as well as it's the most affordable in terms of rupee financing for Azure Power's existing portfolio until now. It has been learnt that for this refinancing facility, L&T Finance Limited has actually served as the sole expert.

Solar Power Corporation of India Ltd. (SECI) on Tuesday launched a tender to invite designers to bid on a contract for the building and construction as well as procedure of a 100-MW floating solar farm at Getalsud Dam in the eastern India state of Jharkhand.

Around Rs 200 crore will be invested to set up the plant. Land acquisition will not be required and also just 1 sq kilometres location in the tank will certainly be made use of for the objective.

To set up 100 MW EPC Solar Project together with 120 MWh Battery Energy Storage System for SECI at Rajnandgaon, Chhattisgarh

Indian independent power producer (IPP) Azure Power has actually received a letter of award (LOA) for its initial 150MW interstate transmission system connected (ISTS) solar-wind hybrid project with the Solar Energy Corporation of India (SECI).

Andhra Pradesh energy Balineni Srinivasa Reddy has actually duplicated his federal government's strategies to obtain 7000 mega watts (MW) of solar energy from the Solar Energy Corporation of India (SECI) to make sure totally free power to 18 lakh farmers for 9 hours up until 2046.

For AGEL, the 40 MW solar asset in Odisha validates itself on the basis of the price and also PPA with SECI. The company has actually been one of the most active buyers on the market for solar assets that consist of PPA with main endeavors.

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has actually appointed a 250-kilowatt (kW) roof solar power project, ramping up its overall installed solar roof ability to 692 kW, according to a statement. The project was appointed on Wednesday, Coal India Ltd (CIL) claimed in a statement.

The project costs Rs. 3.86 billion including taxes and also duties. The tender was floated in December 2020.