UPDATED: The first 600MW phase of the world’s largest solar park, standing at 2GW(AC) capacity at the Pavagada Solar Park in the Indian state of Karnataka, will be inaugurated today, successfully demonstrating a unique lease structure.
Karnataka Renewable Energy Development Limited (KREDL) has extended the bid submission deadline for a 1.2GW solar PV tender at the Pavagada Solar Park to 5 March, due to technical issues.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfP) for a 70MW solar project in Assam, a state that has seen little large-scale PV action to date.
Indian Renewable Energy Development Agency Limited (IREDA) has signed an agreement with Rewa Ultra Mega Solar Limited (RUMSL) to finance two major solar parks in the state of Madhya Pradesh with a first loan of INR2.1 billion (US$33 million).
Solar Energy Corporation of India (SECI) has issued a Request for Qualification (RfP) document for 275MW of grid-connected solar in the state of Uttar Pradesh.
Solar Energy Corporation of India (SECI) could auction a solar park of 1,050MW capacity in the state of Madhya Pradesh, from which Indian Railways plans to purchase the power generated.
Indian solar tariffs are overdue a major correction and many smaller players are likely to drop out of the sector over the next few years, according to panellists at Intersolar India 2017 in Mumbai.
India has announced plans for an unprecedented solar procurement regime that aims to tender 20GW in 2017/18, followed by another 30GW in each of the two following years, but analysts have described the policy as "completely unrealistic".
