Avaada Energy, an arm of Avaada Group, announced today it has secured around 1.4 GWp of solar energy projects in recent auctions by central and state government agencies in India.
NTPC Renewable Energy Ltd has invited bids to install and commission 500 MW of grid-connected solar PV projects in the Bikaner district of Rajasthan. Bids can be submitted until Feb. 28.
China’s Sunpure will supply water-free robotic cleaning systems for a 473 MWp tracker-based solar PV project being set up by Jakson Green in Kawani, Rajasthan.
Apraava Energy has secured a 250 MW interstate transmission system (ISTS) connected solar energy project from National Hydroelectric Power Corp. (NHPC). The project, located in Rajasthan, will supply power under a 25-year power purchase agreement with NHPC.
Premier Energies has secured an INR 1,700-crore PV module supply contract with NTPC. It will supply 608 MW of bifacial PV modules built with made-in-India cells to NTPC’s Nokh Solar Project in Rajasthan.
IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.
Vikram Solar will supply mono PERC bifacial PV modules to NTPC’s Nokh solar power project in Rajasthan. This order will take Vikram Solar’s cumulative NTPC portfolio to 947 MW.
Ambuja Cements Ltd, part of the diversified Adani Group, plans investment in 750 MW of new renewable power generation capacity in Gujarat (600 MW solar and 150 MW wind) and a 250 MW solar power project in Rajasthan as it pursues cost reduction and environment sustainability across its cement manufacturing operations. The company will fund these projects through internal accruals.
Tata Power Solar Systems Ltd will supply 152 MWp of bifacial mono-PERC modules built with in-house developed cells for NTPC’s Nokh PV Park in Rajasthan.
Sterlite Power has secured a transmission project for the evacuation of power from Rajasthan Renewable Energy Zone Phase-IV.
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