Mahindra Susten closes INR 1,448 crore financing for 560 MWp of solar projects
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.
Avaada Group commits INR 1 lakh crore renewable energy investments in Rajasthan
Avaada Group will invest across pumped storage, green hydrogen, green ammonia, wind and solar power projects in Rajasthan.
ReNew switches on 750 MW solar in Rajasthan
ReNew has commissioned 750 MW of its 1 GW solar project in Rajasthan. The project utilises solar panels manufactured by ReNew entirely in India.
Sterling and Wilson Renewable Energy secures 396 MW DC solar project in Rajasthan
Sterling and Wilson Renewable Energy has received the letter of award for supply, installation and commissioning of a 396 MW DC solar project in Rajasthan. The project has been awarded by a private-sector power producer.
Avaada signs MoU to develop 1.2 GW pumped storage project in Rajasthan
Avaada Group will develop a 1.2 GW pumped storage project in Rajasthan with a total investment of around INR 5,800 crore over the next five to seven years.
Datta Infra commits INR 5,000-crore renewable energy investment in Rajasthan
Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest INR 5,000 crore in setting up 1 GW of wind, solar, and wind-solar hybrid projects in Rajasthan.
ACME Sun Power secures INR 3,753 crore loan from REC
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.
Rajasthan launches 282 MW rooftop solar tender
Rajasthan Renewable Energy Corp. Ltd (RREC) has invited bids to set up 282 MW of grid-connected rooftop solar PV projects on state government buildings at various locations in Rajasthan. Bidding closes on Nov. 26.
Rajasthan tenders up to 2 GWh of battery energy storage capacity
Rajasthan Vidyut Utpadan Nigam Ltd is accepting bids to develop standalone battery energy systems (BESS) for an aggregate storage capacity of 1,000 MWh (500 MW x 2 hours) in Rajasthan. It may allot additional capacity up to 500 MW/1,000 MWh under Green Shoe option.
Rajasthan, Gujarat need policy interventions to sustain leadership in renewable energy deployment: IEEFA
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.
