UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposals (RfP) for the development of another 500MW of solar park in the south Indian state.
Piyush Goyal launches lowest-cost power 'Weather Portals' for the industry, Maharashtra set for 2GW of solar tenders, Tamil Nadu proposes ‘drastic’ net metering cuts
Larsen & Toubro, also known as L&T Construction, has won an EPC and O&M contract from State-run hydro power giant NHPC for a 50MW solar PV project in the Indian state of Tamil Nadu.
Although Tamil Nadu’s latest 1.5GW solar tender has seen significant oversubscription with 3,774.5MW of submissions, most of the key solar players in India have not participated.
Consultancy firm Bridge to India explains how southern India represents a test case for grid integration of variable renewable energy, accounting for 45% of the country’s total wind and solar power capacity.
The Indian Power Ministry has put forward plans to compensate for grid curtailment of existing renewable energy projects, according to credit rating agency India Ratings and Research (Ind Ra).
NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
State-owned transmission firm Power Grid Corporation of India Limited (PGCIL) has entered in to a loan agreement of up to US$500 million with the Asian Development Bank (ADB) partly for one of its Green Energy Corridor projects, according to a BSE filing.