- MSEDCL’s 500 MW solar auction has secured 2 winners for 500 MW solar auction phase-VI
- Mahindra & Mahindra to source captive solar power from a 58 MW project of RSEPL
- Jakson Group has commissioned a 50 MW solar power project in Agra, Uttar Pradesh
MSEDCL’s 500 MW solar auction: Mercom India Research has reported INR 2.42 ($0.032) per kWh as the lowest winning bid determined in the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction. It was offered by ACME Solar Holdings for the 500 MW phase-VI tender, out of which it won 300 MW capacity. Remaining 200 MW was won by ReNew Solar Power for INR 2.43 ($0.033) per kWh tariff. The tender was launched by MSEDCL in May 2021 for the agency to procure power to meet its renewable power purchase obligation (RPPO) and future power requirements (see 500 MW Solar PV Tender Under Phase-VI Launched By MSEDCL).
Solar power for Mahindra and Mahindra: Diversified Indian business house Mahindra and Mahindra Ltd., has entered into a power delivery agreement (PDA) with ReNew Sunlight Energy Private Limited (RSEPL) to procure solar power from a 58 MW captive project of the latter. Under the agreement, RSEPL will build, own and operate the 58 MW solar power project, designed to generate around 100 million units annually. Power generated will be fed into the MSEDCL grid and under open access arrangement, Mahindra and Mahindra will procure the power for its manufacturing plants in Maharashtra. In addition, the latter announced it has subscribed to 31.2% stake in RSEPL.
Mahindra and Mahindra already operates in the space of solar in India with its EPC company Mahindra Susten.
50 MW solar capacity in Uttar Pradesh: Jakson Group has commissioned a 50 MW solar power plant in Uttar Pradesh’s Kheragarh district of Agra. Announcing the project on its social media, the company said it will supply more than 1,05,100 MWh of clean energy annually. It has been set up using mono PERC modules and string inverters, and the company said it has also deployed drones for thermal screening. Waterless cleaning facility is also available in the form of robotic cleaning solutions. The company also produces solar panels, and in May 2021 it launched Helia Solar Module series with up to 590W output (see India PV Snippets: Godawari, Jakson, Ciel & Terre, CEL).