REC Group has secured orders for 45MW of solar modules to be installed at rooftop PV projects under the RESCO rooftop model in India, where the developer leases the rooftop system to the rooftop owner.
Smaller companies are finding it increasingly difficult to enter the Indian large-scale solar market and partake in the multi-gigawatts of competitive auctions for PV capacity.
Tata Power has built a 6MW rooftop solar project across 34 rooftops of an oil refinery site of Mangalore Refinery and Petrochemicals Limited, which is based in the south Indian state of Karnataka.
Vast potential in India for solar-powered irrigation says think-tank, SECI extends deadline for 5GW manufacturing tender, NTPC tenders for 900kW rooftop solar project at Assam thermal plant.
The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.
