Hospitality major IHC has signed a 25-year power purchase agreement with Tata Power arm TP Kirnali Solar, which will allow it to meet up to 60% power requirement of its Mumbai hotels with solar energy.
August 21 is the deadline to submit bids for supply of 4.50W (4-/5-busbar), 4.60W (5-busbar) and 4.67W (5-busbar) multi-crystalline solar cells. Only Indian manufacturers are eligible to participate.
Low solar tariff trends can be attributed to developers’ desperate attempt to take advantage of the current situation wherein only safeguard duty of 14.9% is applicable, according to JMK Research.
The Indian power distribution sector needs bold policy choices such as the closure of old, inefficient coal-based power plants to improve its financial viability. Early retirement of expensive coal power contracts will result in significant savings for the states as they can contract cleaner, cheaper renewable power.
The scope of work for the successful bidder includes supply, installation, and commissioning of the supplied units at the project site. Bidding closes on August 17.
Bids are invited from Indian manufacturers to supply 72-cell, 325Wp polycrystalline solar modules made using domestically manufactured cells. August 20 is the last date to lodge the interest.
The import duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was imposed, in July 2018.
The Ministry of New and Renewable Energy has specified how procurement of back-up grid capacity will work for electricity distribution companies. The rules consider energy storage solely as part of the 51% clean energy requirement, and instead contemplate coal – with a variable price tariff element – as necessary for evening out supply.
An aggregate 104 quantities of 16-string monitoring boxes are required for the 20 MW NTPC solar project at Gandhar in the state of Gujarat. Bidding closes on August 4.
PV plants should have a minimum generation capacity of 50 MW (AC) and offer power at a maximum price of Rs5/kWh.
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