JSW Neo Energy, Engie, NHPC, NTPC Renewable Energy, and SJVN have emerged winners in Gujarat Urja Vikas Nigam Ltd’s auction for 1,125 MW of grid-connected solar capacity.
Rays Power Infra has secured three solar EPC orders in Gujarat and Assam.
BluPine Energy has acquired Acme Group’s 369 MW of solar power assets in Uttarakhand, Punjab, and Karnataka.
SJVN Green Energy Ltd will develop a 200 MW PV plant at Khavda Solar Park in Gujarat to supply power under a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL).
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
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.
The 360 MW DC solar plant, connected to the inter-state transmission system, will supply power to commercial and industrial customers nationwide.
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 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.
The 100 MW solar project will supply electricity to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year power purchase agreement.
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