Indian utility Gujarat Urja Vikas Nigam Limited has auctioned 500MW of PV capacity, with winning bids setting a record for the lowest solar tariff seen in India.
Solar tariffs in India hit a record low of INR2/kWh (US$0.0270/kWh) following an auction this week for 1,070MW of PV projects that are set to be developed in the state of Rajasthan.
NTPC, India’s largest power company, is aiming to add more than 5GW of new solar capacity in the next two years as it builds its renewables presence overseas thanks to a collaboration with the International Solar Alliance (ISA).
GES to build 97MW solar plant for Engie in Chile, Sterling & Wilson bags 200MW EPC order in Australia, BHEL tenders for floating solar equipment at Indian coal plant, ACC and Hyperion for JV in Hong Kong.
Tata Power Solar wins bid to deploy one of largest floating ventures seen to date in country, with plans to commission Kerala scheme ‘no later’ than 21 months.
Ministry of New and Renewable Energy to set up a committee to help resolve disputes between solar or wind developers and the two major state-run off-takers.
Bids have ranged between 2.87-2.91 rupees per unit in a 250MW solar auction at a challenging location, known as the Dondaicha Solar Park in the state of Maharashtra.
Indian state-run utility NTPC has issued a tender for 15MW of floating solar at its hydroelectric power station Koldam in the mountainous, northern state of Himachal Preadesh.
