The NITI Aayog has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.
A requirement for domestic-only solar modules has been lifted in the latest solar tender by the Indian power giant. Interested bidders have until next Wednesday to get their submissions in.
The state figure is applied on top of a larger, non-solar RPO requirement plus solar and non-solar mandates which were set at a national level by the Ministry of Power last week.
Developers can establish more generation capacity on the site if possible but must not fall short of 8 MW, according to the tender document. A pre bid meeting is due to be held tomorrow.
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has followed the lead of the authorities in Tamil Nadu, Bihar and Maharashtra in setting generic levelised tariffs for PV projects.
Gujarati utility GUVNL hoped to allocate 1 GW of capacity at the solar park but ended up awarding just a quarter of that figure, with Tata Power Renewable Energy the beneficiary. A bid for 50 MW of capacity by the state-owned Gujarat Industries Power Company Ltd was rejected.
Tangedco’s reputation for late payments scared off developers in its latest two, failed tender exercises. The solution? Get government body SECI to hold the auctions, because everyone knows it pays on time!
State-owned Solar Energy Corp. of India (SECI) has once again extended the bid submission deadline for its latest 3 GW, manufacturing-linked solar tender, following a tepid response.
A unit of Piramal Group will be investment and project manager for the fund, prompting speculation cash will be spent on assets developed by Mytrah Energy.
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