Wind power developers in India have been facing delayed payments from distribution companies of up to eight months at a time in various states, but solar developers have experienced only negligible delays in a couple of states, according to industry analysts.
India-based solar EPC firm Sterling & Wilson (S&W) has been awarded EPC and O&M contracts for 350MW of solar projects in India by Canada-based developer SkyPower.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has been advised to step up its activities in solar energy by minister of heavy industries and public enterprises Anant Geete.
Indian state-owned utility NTPC has given the go ahead for investment in 510MW of solar PV projects in the states of Madhya Pradesh and Rajasthan, according to a filing on the Bombay Stock Exchange (BSE).
Canada-based renewables firm SkyPower has signed power purchase agreements (PPAs) with the Indian state of Telangana for four PV projects totaling 200MW combined.
