India ROUNDUP: 500MW Gujarat tender, Azure World Bank rooftop loan, Military solar in Punjab

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Credit: Juwi

GUVNL tenders 500MW solar in Gujarat

The utility Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for 500MW of solar in Gujarat, according to consultancy firm Mercom Capital Group.

Some 425MW is in open category, but 75MW will be allocated to Central Public Sector Undertakings (PSUs), State PSUs, and Government controlled organisations.

The minimum project size will be 25MW for bidders other than central and state PSU’s. The bid-submission deadline is 10 July.

Azure Power Taps IBRD (World Bank) Loan to Scale its Azure Roof Power Platform

Azure Power has been granted a INR678.3 million (US$ 10.5 million) loan through the SBI-World Bank: Grid Connected Rooftop Solar PV Program.

The loan, for Azure’s rooftop solar platform, is for 15 years with an interest rate of 8.35% per annum.

Inderpreet Wadhwa, chairman, and chief executive, Azure Power said: “We are pleased to announce our partnership with SBI and World Bank which will enable us [to] lower the energy bills of our customers by providing clean and sustainable solar energy. We are excited to expand our Azure Roof Power platform in India with the support of SBI and World Bank.”

Military Engineering Services Tenders 6MW of PV

The Military Engineering Services (MES) has tendered 6MW of solar for various military stations, according to consultancy firm Mercom Capital Group.

The tender includes 1MW at Mahajan Military Station, 1MW at Kanasar Military Station, and two 2MW projects at Suratgarh and Sriganganagar Military stations.

The bid-submission deadline is 14 July.

Read Next

June 27, 2022
Tata Power Solar Systems said it has commissioned India’s largest floating PV plant, a 101.6MWp project in the southern state of Kerala.
June 23, 2022
The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.
June 22, 2022
Large developers of hybrid projects in India could see a 17% equity IRR by implementing five measures, according to a report by the IEEFA.
June 21, 2022
State-owned utility GUVNL has opened a tender for renewables paired with energy storage to bring off-grid electricity in Gujarat, India.
June 16, 2022
India and Germany’s solar sectors are set to outperform in the coming years, but both markets will fall short of government PV deployment targets, according to Fitch Solutions.
June 15, 2022
ReNew Energy Global witnessed a 27% jump in revenue in its last financial year but saw its net loss almost double on the back of costs associated with its NASDAQ listing.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event