Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.
India’s largest utility NTPC has invited bids for a single solar PV project of 250MW capacity to be set up at the Kadapa Solar Park in Andhra Pradesh under open category.
Tata Power Renewable Energy has signed a power purchase agreement for a 100MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI).
India’s installed cell and module manufacturing capacity has reached 1,468MW and 5,848MW respectively as of 30 June 2016, according to figures released by the Ministry of New and Renewable Energy (MNRE).
Solar Energy Corporation of India (SECI) has awarded 270MW of solar PV capacity in the Indian state of Odisha to three firms, having originally planned 450MW.
Solar Energy Corporation of India Limited (SECI) is to introduce a payment security mechanism to support its Viability Gap Funding (VGF) for solar projects.
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.
Steel giant ArcelorMittal plans to build a 500-600MW solar plant in the Indian state of Karnataka after it backed out from plans to build a six million tonnes per annum steel mill.
