A week after rejecting the sole bid received from Azure Power, India has trimmed the size of its first ever manufacturing-linked solar tender by more than two-thirds.
The irrigation department of the state of Uttarakhand has invited bids for setting up of 40.84 MW solar PV project at Haripura (27.34 MW) and Tumariya (13.50 MW) dams in district Udham Singh Nagar. The projects are to be built under build-own-operate-transfer model. The deadline for bid submission is February 15. Technical bids will be opened on February 18, while the date for opening of financial bids will intimated in due course.
State owned Dakshin Haryana Bijli Vitran Nigam (DHBVN) has asked 1,703 farmers from Faridabad, whose applications for new tubewell connections up to 10 BHP are pending, to give their choice for off-grid solar connections from the Haryana Renewable Energy Development Agency or grid connections from the DISCOMs, reports The Tribune.
Setting up of the microgrid with battery energy storage is part of an extended R&D collaboration between ABB and the Indian Institute of Technology, Roorkee to create platforms for research on smart city technology deployment.
State-owned NLC India Ltd – formerly the Neyveli Lignite Corporation – has signed a memorandum of understanding with the government of Tamil Nadu to set up a 1 GW solar project in the state.
The solar industry seeks tailor-made financing options for end consumers, especially small and medium-sized enterprises (SMEs) and micro SMEs (MSMEs), in addition to supportive and stable government policies to ensure speedier progress.
India Ratings and Research has maintained a stable-to-negative outlook on India’s power sector for FY2019-20 owing to issues such as slower resolution of the stressed [coal based thermal] capacity, domestic coal unavailability, and reluctance of DISCOMs to sign long-term power purchase agreements. The outlook is not sunny for solar either.
Union Minister for Science & Technology, Dr Harsh Vardhan will launch the solar technology centre at IIT Madras on January 25, 2019. The Centre will focus on a wide range of research and development activities such as silicon solar cells that promise high efficiency and are suited for Indian conditions.
Abu Dhabi based Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.
The National Solar Energy Federation of India (NSEFI) has requested the Prime Minister’s Office to intervene and direct the Reserve Bank of India (RBI) to rationalise the new external commercial borrowing (ECB) framework, excluding repayment of rupee loans from the negative list.
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