Tariff ceiling is fixed at Rs 3.91/KWh for the project work that is estimated to cost Rs 215 million and has to be completed within 12 months. Bidding closes on January 21.
Developers have until January 17 to submit bid for the grid-connected projects that are to be set up anywhere in India on build-own-operate basis. Tariff ceiling payable to the project developer is fixed at INR 2.78/KWh for 25 years.
The Gujarat-based power generator, which aspires to cross 100 MW capacity milestone in 2019-20, has touched 40.75 MW as an independent power producer and close to 4 MW as captive power producer.
The Chennai-based solar EPC contractor and trader, which formed SIL Rooftop Solar as the new subsidiary in October, has included battery-based energy storage as a focus area in addition to renewable energy projects.
Of these, 1633 charging stations will be fast charging stations and 1003 slow charging stations. With this, about 14,000 charging stations will be installed across the selected cities.
Ceiling tariff is revised to Rs 3.30 per unit for distributed solar projects that shall come up across 30 districts for giving day time power to agricultural consumers in the state. Individual project size is limited to 2-10 MW. Bidding closes on January 29.
Multidisciplinary research teams and linkages to industrial partners are highly encouraged. Project duration is 36 months. The deadline for submitting the applications is March 11, 2020.
The platform will help to promote the adoption of rooftop solar PV systems, particularly in the residential consumer segment, as it will incentivize consumers for trading among themselves, in addition to selling to the distribution utility—according to the sustainability thinktank which has also come out with innovative use cases of blockchain for electric vehicles and distributed battery storage.
The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.
The company sold its 5.95% stake in Sembcorp Energy India—held through subsidiary Gayatri Energy Ventures—for Rs 4067.70 million.
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