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.
India’s expected four-fold rise in energy demand over the next 15 years will open “immense business opportunities” for Japan in the sector in India, according to Indian energy and mines minister Piyush Goyal.
Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
The Delhi government approved its first solar policy this month with a particular focus on the rooftop segment. Jyoti Gulia, senior manager, market intelligence, at consultancy firm Bridge to India, explains how the policy brings some innovative firsts to India especially in net metering.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.