NTPC tenders 1 GW solar PV projects across India
State-owned power generator NTPC has invited bids for development of 1 GW grid-connected solar PV projects under Central Public Sector Undertaking (CPSU) scheme Phase-II (Tranche-I). The projects are to be set up on turnkey basis under domestic content requirement category, anywhere in India. These will be awarded through domestic competitive bidding followed by reverse auction.
BHEL wins 135 MW solar EPC projects
Cumulatively valued at Rs 520 crore, the projects include a 50 MW plant for Maharashtra State Power Generation Company Ltd, a 75 MW plant for Gujarat State Electricity Corporation Ltd and a 10 MW plant for Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
Solar power helps OFB cut electricity cost by around 70 per cent in 3 years
The Ordnance Factory Board (OFB) cut its cost of electricity consumption from Rs 463.22 lakh during 2015-16 to Rs 163.78 lakh during 2018-19, using solar power generated from grid-connected PV projects installed at its various units.
NTPC mulling solar power project without a power purchase agreement
With continuous decline in costs of solar power generation, the chorus for shortening the 25-year power purchase agreement (PPA) period is growing louder.
Bidding extended for Telangana solar tender
In the second amendment to the tender, the financial and technical criteria have been further relaxed and the bidding deadline extended from June 7 to June 10.
Waaree Energies commissions 49.5 MW in Vietnam
The Mumbai-based EPC contractor and module manufacturer expects its international business to account for more than 15% of its overall revenue. The company’s latest installation, in Vietnam, marks the completion of over 600 MW of solar EPC projects, with an additional 100 MW in its international pipeline.
MNRE invites gravity storage, solar-driven hydrogen production research proposals
The preliminary proposals must reach the ministry by June 30. These will be examined by a committee and the shortlisted parties will be invited to submit final proposal.
India leads the way as PV threatens coal-fired power
Falling PV panel prices led to notable year-on-year falls in the cost of developing solar plants around the world. India led the way with PV projects costing a weighted average of just $793/kW of capacity installed in 2018. Costs in China dipped to $879/kW last year, while solar projects in US and Australia cost $1,500.
SECI trims 100 MW Telangana solar project
The tendered solar PV capacity for state-owned coal mining company Singareni Collieries Company Limited (SCCL) is now revised to 90 MW (AC). Further, the commissioning period has been increased to 12 months.
Tata Power to develop 100 MW project at Gujarat’s Raghanesda Solar Park
The company’s renewable capacity under implementation has now swelled to 500 MW, which is in addition to the operating capacity of 2,268 MW.
