Flickr: Sankara Subramanian
NTPC tenders for energy storage combined with 30MW of new and existing solar in Andaman and Nicobar islands
10-15 March: Indian utility NTPC has issued three separate tenders pairing battery energy storage systems with 25MW of new and 5MW of existing solar projects in the Andaman and Nicobar Islands.
One is for a 2MW / 2MWh of battery storage system at NTPC’s existing 5MW solar project at Garachama, Port Blair.
The successful bidder shall provide O&M services for a minimum of 10 years from the date of successful completion of a trial run. The deadline for bid submissions is 4 May.
NTPC has also invited bids for an 8MW solar project to be combined with a 3.2MW / 3.2MWh battery storage solution at Chidiyatapu, South Andaman. Again O&M is to be provided for a minimum of 10 years. The deadline for bid submissions is 17 May.
Finally, NTPC has also invited bids for a 17MW solar project to be combined with a 6.8MW / 6.8MWh battery storage solution at Manglutan, South Andaman. Again O&M is to be provided for a minimum of 10 years. The deadline for bid submissions is 15 May.
State-run firm NLC India recently cancelled and reissued a major solar-plus-storage tender on the islands, with a reduced storage content.
Mahindra closes financing on 250MW Rewa solar project with Yes Bank
16 March: Indian firm Mahindra Renewables, a wholly owned subsidiary of Mahindra Susten, has achieved financial closure for its 250MW solar project in Rewa District of Madhya Pradesh
Yes Bank is providing project debt of INR7.5 billion (US$115 million) while other financial institutions are offering up to INR2 billion. The project is part of the 750MW Rewa solar park, which drew what at the time were record low bids for Indian solar at the start of 2017. Mahindra Renewables won 250MW capacity at a levelised tariff of INR3.3/kWh.
The project is expected to commence commercial operations by December 2018.
Vikram Solar commissions 100kW rooftop solar project for Indian Oil Corporation
19 March: Indian module manufacturer and EPC firm Vikram Solar has installed a 100kW rooftop PV system for the Indian Oil Corporation offices at Bikaner and Jhunjhunu, Rajasthan.
Neha Agrawal, head-Corporate Strategy, Vikram Solar, said: “We have successfully satisfied the most conservative circle of clients in India and abroad. Our recent win in delivering a 100 kWp (50 kWp x 2) Rooftop Solar PV system to Indian Oil Corporation Ltd testifies our resolve and complements our proven track record.
“We used ABB String Inverter (50kVA), imported from Germany, for this project, and faced logistical challenges as the installation site was on the outskirts of the city."
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2020 for its 7th edition!