Tata Power gets Rs 1,505 cr solar power project from NTPC

Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]

India misses FY19 Solar Power target by 58%

India has missed its solar power target by a whopping 58% in the year gone by, according to the latest numbers from the ministry of renewable energy or MNRE. India was supposed to add about 16,000 megawatt (16 gigawatt) of fresh solar power generation capacity in the year ended March 2019. However, it added only […]

Tata Power gets 25-year deal to supply solar power to Gujarat

Tata Power said it received a contract from Gujarat Urja Vikas Nigam Limited to develop a 100 MW solar project in Raghanesda Solar Park of Gujarat . The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA) valid for a period of 25 years from the scheduled commercial operation date. The Company […]

Maruti Suzuki to set up Solar Power Plant in Gurugram facility

Automobile manufacturer Maruti Suzuki said it has laid the foundation stone for a 5 MW Photovoltaic solar power plant at its manufacturing facility in Gurugram. The solar plant is likely to be commissioned in FY 2019-20, Maruti Suzuki said. Maruti Suzuki said that it will invest around Rs 24 crores and will offset carbon dioxide […]

Solar power sector sees revival in Feb after downturn due to duties

Solar auction activities garnered speed in February after a disappointing performance in January, according to Mercom India, an agency that tracks the solar power sector in India. About 2.7 GW of solar power was auctioned in February, which is 800 MW more than what was auctioned in the same month last year, the firm said. […]

Cabinet okays incentive scheme for battery manufacturing in India

The government of India today approved a scheme to give incentives to companies that want to manufacture batteries in India. Briefing media after a cabinet meeting, IT minister Ravi Shankar Prasad said: “We have taken a big step to give incentives under the Make in India program to encourage the manufacturing of batteries.” The move […]

Inox Wind gets 500 MW wind power plant order from Adani Green Energy

Inox Wind said it has received a contract from Adani Green Energy to build a 501.6 MW wind power project in Kutch District in Gujarat. The financial details of the contract were not revealed. Adani Green Energy, a subsidiary of the Ahmedabad-based Adani Group, won the projects under the Solar Energy Corporation of India (SECI) […]

NTPC offers 4-year deal to green entrepreneurs for agri-waste supply

NTPC, India’s largest power producer by far, has invited expressions of interest worth thousands of crores of rupees for the supply of agricultural waste to 21 power plants across the country. NTPC will give a four-year assured off-take commitment. The proposals, invited on Dec 26, can potentially be a lucrative opportunity for entrepreneurs willing to […]

Inox Wind to offer 3 MW onshore wind turbines in India

Inox Wind, one of India’s leading wind energy equipment makers, said it will launch turbines with a capacity of 3 million watts (MW) each, 50% more than the typical, large turbine sold in India. The new turbines, to be launched in technical collaboration with US-based AMSC, will help reduce power generation costs, the company said. […]

23 GW of solar parks sanctioned in India, Gujarat No.1

Gujarat, Rajasthan and Andhra Pradesh are emerging as the top destinations for large, utility scale solar projects in India, according to numbers from the Minister of New and Renewable Energy. According to data for Government of India’s “Solar Parks and Ultra Mega Solar Power Projects” scheme, Gujarat ranked as the state with the highest number […]

BSES, partner suggest bill-based financing of rooftop solar projects

Households owning rooftop solar systems could save up to 95 per cent on their electricity bills, according to an independent study by Council on Energy, Environment and Water (CEEW) and BSES Yamuna Power Limited . Solar system costs have declined by 27 per cent, year-on-year, over the last three years, making rooftop solar a lucrative […]

India meets solar mission target for FY18 thanks to year-end push

India is likely to have met its target of adding 10,000 watt of solar power generation capacity in the year ended March 2018, thanks to a sudden spurt of installations during the final months of the year (Jan-Mar), going by numbers released by an independent group. According to Mercom India, a consultancy that tracks the […]

India withdraws import duty on solar modules within months of imposition

India has withdrawn its decision to impose a duty of 7.5% (effectively around 10%) on imports of solar modules, and this could give a shot in the arm for the solar power industry, according to India Ratings. The move could also help achieve the government’s target of achieving total, grid-connected solar power capacity of 100 […]

Yes Bank lends Rs 750 cr to Mahindra Group for Rewa solar plant

Yes Bank said it will lend Rs 750 cr to Mahindra Renewables Pvt. Ltd., part of the Mahindra Group, for constructing a 250 megawatt solar farm in the solar park at Rewa in Madhya Pradesh. The project has raised another Rs 200 cr from other financial institutions and achieved financial closure, the bank added. The […]

Suzlon completes execution of solar orders; to focus on solar+wind hybrid farms

Suzlon Energy, one of the pioneers of wind power in India, said it has finished commissioning its entire solar order book of 340 megawatt, and will focus on hybrid solar-wind projects going forward. Out of the 340 MW erected, 210 MW was erected in Telangana, 60 MW in Rajasthan and 70 MW in Maharashtra. The […]

6,500 MW of wind projects to be auctioned in 3 months in India

The central government and various state governments will award contracts to set up another 6,500 MW (6.5 GW) of wind energy projects in the next three months, the ministry of renewable energy said. Combined with the 3 GW awarded in the first nine months of this fiscal year, this will take the total amount of […]

SOLAR MISSION: It’s another nail-biter for India in 2017-18

India faces steep odds in its race to meet its solar power addition targets for the current year. Last year, the country had added only 5.53 GW of incremental solar power capacity against a target of 6 GW. This year, the target is 10 GW. However, as of November end, it has added only 3.46 […]