Avaada Energy will develop a 200 MW (DC) solar plant for power supply to Gujarat Urja Vikas Nigam Ltd at a tariff of INR. 2.75 per kWh.
The newly commissioned capacity is part of NTPC Renewable Energy’s 150 MW solar project across Limbdi, Mesanka and Radhanpur
The 200 MW solar power project in Khavda is part of the company’s ambitious 1 GW renewable power (solar+wind) project along with 376 MW from waste heat recovery systems.
Mahindra Susten has secured a Rupee term loan of INR 1,448 crore from HDFC Bank and Axis Bank for 560 MWp of solar power projects being developed in Gujarat and Rajasthan.
CleanMax has secured the power purchase agreement for a hybrid project featuring 3.50 MW wind and 1.06 MWp solar components in Gujarat.
The consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) will design and execute the high-voltage direct current (HVDC) link to transmit renewable energy from Khavda in Gujarat to the industrial center of Nagpur in Maharashtra.
ACME Solar’s arm ACME Sun Power has secured INR 3,753 crore loan for the development and construction of firm and dispatchable renewable energy (FDRE) projects totaling 320 MW in Rajasthan and Gujarat.
K.P. Energy will install and commission 728.7 of wind-solar hybrid and 275 MW of solar projects.
A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) recommends lower incremental green tariffs, dedicated infrastructure funds, green budgeting, scaling up distributed renewable energy and advancing grid modernisation and energy storage to cement Gujarat and Rajasthan’s leadership in renewable energy deployment.
SJVN Green Energy Ltd has invited domestic bids to set up 700 MW (100 MW x 7 plots) grid-connected solar projects on EPC basis in Khavda, Gujarat. Bidding closes on Nov. 19.