Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation its first ever project in the state.
India’s largest utility NTPC has commissioned the 250MW Mandsaur solar project in the Indian state of Madhya Pradesh, according to a Bombay Stock Exchange filing.
Power purchase agreements (PPAs) have been signed for the pioneering Rewa solar park projects, which briefly had the lowest solar tariffs ever in India.
Last week saw solar prices in India blast the Asian giant’s energy sector into a new era, but what happened to all the fears about project viability and unrealistic bidding? PV Tech caught up with financiers and analysts to discuss a new financial environment.
Jasmeet Khurana, associate director, consulting, Bridge to India, shares his views on what the record breaking tariffs for 750MW solar in Madhya Pradesh mean for India's entire power sector.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
The first round of bidding for the 750MW Rewa solar park in the Indian state of Madhya Pradesh has guaranteed that the highest tariff will be no more than 3.64 rupees per unit (US$0.054).
Indian infrastructure development firm SPML Infra has secured a INR220 million (US$3.24 million) order from Solar Energy Corporation of India (SECI) for EPC of rooftop solar installations in four Indian states, according to a Bombay Stock Exchange filing.
Unique tender structuring and a 28% module price drop will bring tariffs in the upcoming 750MW solar auction in Madhya Pradesh to extreme lows, according to the latest update from Bridge to India.
The government of the Indian state of Madhya Pradesh has introduced its 2016 policy for decentralized renewable energy systems with a particular focus on rooftop solar PV.
