SECI Auctions 750 MW Solar Power Capacity To Be Deployed Across Rajasthan To 5 Developers Securing Lowest Winning Bid Of INR 2.48 ($0.0349)/kWh: Mercom
Saturday, 02 Mar 2019
Fortum Solar and ACME Solar each won 250 MW in the 750 MW SECI auction, while Palimarwar Solar won 40 MW and Sitara Energy 100 MW, all for INR 2.48 ($0.0349) per kWh. ReNew Power quoted the highest winning bid of INR 2.49 ($0.0351) per kWh.
President Of India Grants Approval To 14 MW Solar PV+42 MWh Energy Storage Capacity To Be Developed In Leh & Kargil Districts; SECI To Select Developers For VGF Supported Projects With Fixed Tariff Of INR 2.00/kWh
Thursday, 07 Feb 2019
The 14 MW solar PV and 42 MWh of storage capacity for Jammu & Kashmir approved by the Indian President, will be developed on various sites within the districts of Leh and Kargil. Pictured are wild tulips in Suru Valley in Kargil.
Solar Energy Corporation Of India (SECI) Receives INR 2.67 ($0.03794)/kWh As Lowest Bid From SoftBank’s SB Energy For 450 MW Under Wind-Solar Hybrid Power Auction; Adani Green Winning Bid Of INR 2.69 ($0.03822)/kWh Awarded 390 MW
Thursday, 06 Dec 2018
Both winning bids (L1 & L2) in SECI’s wind-solar hybrid tender were lower than the ceiling cap of INR 2.70 ($0.03836) per kWh, according to Mercom India Research..
SECI Receives Instructions From MNRE To Cap Utility Scale Solar Power Tariffs At INR 2.50/kWh Sans Safeguard Duty; And At INR 2.68 /kWh With Safeguard Duty
Thursday, 30 Aug 2018
Mercom believes fixing maximum tariff levels for utility scale solar power projects may not be a good idea for developers as such caps do not take into account changing market needs.
Sunday, 05 Aug 2018
India has not too much time left to achieve its 100 GW solar power capacity target which it plans to do by 2022. Hard pressed for time, as of recently it is scrapping big auctions citing too high tariffs offers by the tender winners.
Solar Power Projects With Total of 750 MW At Bhadla Solar Park Tendered With Ceiling Tariff Of 3.43 INR/kWh To Supply power To Neighboring Uttar Pradesh
Tuesday, 27 Jun 2017
Solar power auction activity in India that had slowed down post the Rewa Solar Power Park auction and the government decision to reconsider all tenders with domestic content requirement is showing signs of recovery now.
Monday, 24 Apr 2017
A tender for 750 MW solar power capacity at Bhadla Solar Park in Rajasthan has received huge interest with more than 8,500 MW in technical bids. This means that the tender was oversubscribed by 12 times, according to Mercom Capital Group.
SECI Cancels 150 MW Bid for Local Content Part Of Bhadla Solar Park In Rajasthan, Likely Due To WTO Ruling
Friday, 03 Mar 2017
The Solar Energy Corporation of India (SECI) has terminated the a tender for the so-called Domestic Content Requirement (DCR) category of the Bhadla Solar Park in Rajasthan. DCR project need to use domestically made cells and modules.
Wednesday, 18 Jan 2017
The 750 MW Rewa solar power tender floated by the State Government of Madhya Pradesh is likely to see solar tariffs to come ‘substantially’ below 4.00 INR per kWh ($0.059).
Tuesday, 10 Jan 2017
One of the oldest ports in India developed by the British regime in 1870, Kolkata Port Trust has taken on the target to develop 2.3 MW of PV capacity, which is now being tendered by SECI.
Monday, 09 Jan 2017
AS SECI is preparing another 2.3 GW of solar to be tendered in India, the agency says it will continue to specify that parts of the solar projects capacity will need to source domestic content.
Wednesday, 09 Nov 2016
As per India's Ministry of New and Renewable Energy (MNRE) directives, all VGF solar power projects will now be tendered with a reserve price of 4.00 INR per kWh, as against 4.50 INR per kWh earlier..
Thursday, 22 Sep 2016
The list of winners in the Maharashtra tender includes some new names hitherto not very frequently heard of in the Indian solar tender circuit, among them Lightsource of the UK, which won a 50 MW portion..
Wednesday, 21 Sep 2016
Indian solar power project developer Rays Power Infra Pvt Ltd has launched a 100 MW project in the hilly state of Uttarakhand. This happens to be its biggest project so far, the previous was a 55 MW PV project in the state of Uttar Pradesh.
Wednesday, 31 Aug 2016
The Indian Ministry of New and Renewable Energy (MNRE) has fixed the tariff for solar power procurement from PV project developers for one of its support schemes at a lower level.
Adani Subsidiary Bags Largest Capacity In Karnataka 1,000 MW Tender; Wins Entire 100 MW Capacity In Chhattisgarh
Tuesday, 30 Aug 2016
A subsidiary of Adani Group, Parampujya Solar Energy, has emerged as the top grosser in the 1,000 MW solar PV projects tendered in Karnataka under Phase-II, Batch-III of India’s flagship solar program Jawaharlal Nehru National Solar Mission (JNNSM).
Monday, 22 Aug 2016
Increasing concerns from developers about delayed payments for solar park projects from utilities has prompted the Government of India to take steps to address the issue.
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