Prime Minister Narendra Modi to inaugurate 580 MW of solar projects, lay the foundation of more than 1.8 GW
Prime Minister Narendra Modi will inaugurate today NHPC’s 380 MW solar project in Rajasthan and SJVN’s 200 MW of PV projects in Uttar Pradesh. He will also lay the foundation of Bundelkhand Saur Urja Ltd’s 1.2 GW Jalaun Ultra Mega Renewable Energy Power Park and TUSCO’s 600 MW Lalitpur solar power project in Uttar Pradesh
Utility-scale PV cheapest power source in Asia Pacific, says WoodMac
Wood Mackenzie says the levelized cost of electricity (LCOE) in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
Amplus Solar commissions 360 MWp ISTS-connected PV project in Rajasthan
The 360 MW DC solar plant, connected to the inter-state transmission system, will supply power to commercial and industrial customers nationwide.
Jakson Green signs its first renewable power pact with Solar Energy Corp. of India
Jakson Green will develop a utility-scale solar project for power supply to Solar Energy Corp. of India (SECI) under a 25-year power purchase agreement. The power procured by SECI has been provisioned to be sold to different discom entities in India.
NTPC Green Energy, MAHAGENCO join hands to develop renewable energy parks in Maharashtra
NTPC Green Energy Ltd and Maharashtra State Power Generation Co. Ltd have agreed to form a joint venture for the development of gigawatt-scale renewable energy parks in Maharashtra.
SJVN commission 100 MW Raghanesda solar power project in Gujarat
The 100 MW solar project will supply electricity to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year power purchase agreement.
SECI launches 1.2 GW wind-solar hybrid tender
The Solar Energy Corp. of India (SECI) has invited bids to build 1.2 GW of wind-solar hybrid power projects on a build-own-operate basis anywhere in India. The projects must connect to the interstate transmission grid. Bidding closes on March 29.
Fitch assigns Adani Green’s proposed USD notes ‘BBB- (EXP)’ rating with Stable outlook
Fitch Ratings has assigned Adani Green Energy Ltd Restricted Group 1’s proposed $409 million senior secured notes due 2042 an expected rating of ‘BBB-(EXP)’ with a stable outlook.
JSW Energy secures LoA for 700 MW solar capacity from SJVN
JSW Neo Energy has secured the letter of award for setting up 700 MW of solar capacity on a build-own-operate basis and supplying the power under a 25-year PPA with SJVN.
SJVN secures 300 MW solar power usage agreement with Jammu & Kashmir Power Corp. Ltd
SJVN Green Energy Ltd will supply 300 MW of solar power to Jammu & Kashmir Power Corp. Ltd from its under-construction 1 GW PV project in the Bikaner district of Rajasthan.
