The Asian Development Bank (ADB) has approved a US$175 million loan to India’s major network operator and utility Power Grid Corporation of India (Powergrid) relating to solar park transmission.
State-owned firm Indian Railways, which carries 23 million passengers everyday, is targeting 5GW of solar by 2025 in partnership with global development organisation UNDP.
Solar Energy Corporation of India (SECI) has awarded 40MW of solar PV capacity to Renew Solar Power and 25MW to Mahindra Renewables in the state of Gujarat under open category.
Indian firm Gujarat Industries Power Company (GIPCL) has signed power purchase agreements (PPAs) with Solar Energy Corporation of India for 80MW of solar projects in Gujarat, according to a BSE filing.
Capacity for a solar park in the Indian state of Gujarat has been awarded to four companies in the latest National Solar Mission (NSM) auction after changes to VGF funding garnered more interest from developers.
The Indian state of Gujarat has introduced a subsidy for residential grid-connected rooftop solar systems on top of any benefits provided by India’s Central government.
