Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From 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.
Jan 2, 2023 // Tariffs, India, SECI, Asia, BERC, Bihar, Bihar Electricity Regulation Commission, Bihar State Power Holding Company, BSPHC, Renewable Purchase Obligation, SBE Renewable Fifteen
World Bank Inks Project to Scale up Renewable Energy Technologies in India
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.
Dec 20, 2022 // Markets & Finance News, India, SECI, Asia, world bank, Renewable Energy, Hideki Mori, Surbhi Goyal
AGEL Commissions 600 MW Capacity of World's Largest Hybrid Power Plant
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.
Oct 3, 2022 // Markets & Finance News, clean energy, India, SECI, Asia, hybrid power plant, Renewable Energy, Jaisalmer
Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW
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.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Floating PV, PPA, India, SECI, Asia, Madhya Pradesh, RUMSL, omkareshwar reservoir, Floating Solar Power Project, Madhya Pradesh Urja Vikas Nigam, MPPMCL, Rewa Ultra Mega Solar
ReNew Power signs PPAs with Indian utilities and corporates for 2GW of solar PV
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.
May 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, SECI, Asia, Rajasthan, corporate ppa, corporate offtaker, ReNew Power, PSPCL, utility ppa
Azure Power making 'consistent improvements' as functional capacity exceeds 2.5 GW.
Azure Power exceeded the upper end of its profits assistance for its Q3 fiscal year thanks to the enhancement of brand-new renewables projects.
Mar 1, 2022 // Markets & Finance News, IPP, PPA, India, SECI, Asia, Azure Power, Ranjit Gupta
Azure Power refinances its 600 MW solar project
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.
Feb 23, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, SECI, Asia, Azure Power, L&T, renewable power, Eccopia
India's SECI welcomes bids for 100-MW floating solar project
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.
Feb 16, 2022 // Plants, Floating PV, India, SECI, Asia
SECI to Set Up 40 MW Floating Solar Plant in Odisha
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.
Dec 6, 2021 // Plants, Floating PV, India, Solar Energy Corporation of India, SECI, Asia, Ananda Chandra Sahu, floating solar power plant
Tata Power Solar Bags India's Largest Solar Storage Project Worth Rs 945 cr From SECI
To set up 100 MW EPC Solar Project together with 120 MWh Battery Energy Storage System for SECI at Rajnandgaon, Chhattisgarh
Dec 2, 2021 // Plants, Large-Scale, Commercial, Storage, India, SECI, Asia, tata power, Praveer Sinha, Solar BESS project
Azure Power lands 150MW hybrid project as part of 1.2 GW SECI programme
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).
Nov 12, 2021 // Plants, Large-Scale, Commercial, India, SECI, Asia, Azure Power, Ranjit Gupta, hybrid projects
Andhra Energy Minister Iterates Plans To Purchase of 7000 MW of Solar Energy Through 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.
Nov 8, 2021 // Plants, Markets & Finance News, India, SECI, Asia, andhra solar purchases, Balineni Srinivasa Reddy, green corridor
Adani Green Energy to Obtain 40 MW Operational Solar Asset in Odisha
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.
Sep 30, 2021 // Markets & Finance News, India, SECI, Asia, Adani Green Energy, AGEL, Essel Green Energy
CIL Arm Eastern Coalfields Mounts 250 kW Rooftop Solar Power Project
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.
Sep 20, 2021 // Plants, Rooftop PV, India, Solar Energy Corporation of India, SECI, Asia, solar power project, Coal India Ltd, CIL, Eastern Coalfields Ltd, ECL, Prem Sagar Mishra
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Space Auction of SECI
The project costs Rs. 3.86 billion including taxes and also duties. The tender was floated in December 2020.
Aug 13, 2021 // Storage, India, SECI, tender, Asia, solar auction, tata power