A Solar Energy Corporation of India (SECI) tender for 750MW of PV capacity at the Bhadla Solar Park in Rajasthan has been massively oversubscribed, with roughly 8.75GW worth of technical bids received.
The Solar Energy Corporation of India (SECI) has reduced the solar capacity to be tendered on government buildings from 1GW to 500MW after its latest buildings survey came out with the lower potential figures.
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.
India’s current template for solar power procurement is up for review. Record low tariffs in Rewa have inspired this re-examination. Jasmeet Khurana, associate director, consulting, Bridge to India, looks at how different states and utilities are reacting to the new procurement landscape.
Last week saw solar prices in India blast the Asian giant’s energy sector into a new era, but what happened to all the fears about project viability and unrealistic bidding? PV Tech caught up with financiers and analysts to discuss a new financial environment.
Fears about India’s largest procurer of solar energy being unable to cope with payment defaults have been allayed by its inclusion in a payment security mechanism, according to the latest update from consultancy firm Bridge to India.
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.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has won an order to build three extra high voltage (EHV) substations in the state of Karnataka to transmit power from a major solar park.
The Indian state of Tamil Nadu has issued a request for submission (RfS) for 500MW(ac) of solar energy, continuing attempts to reach its Renewable Purchase Obligations (RPO), after a previous tender of the same size was undersubscribed.