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India, adynamic and scaled-up renewable energy market

Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...

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Solar Tenders witness drop in November

Solar Tenders witness drop in November

Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.

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Suzlon wins 252 MW wind power project order

Suzlon wins 252 MW wind power project order

A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI - I and SECI- II auctions.

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Switching on 10,000 MW!

Switching on 10,000 MW!

NHPC Ltd, India's largest hydropower utility is a 'Miniratna' Category-I Enterprise of the Government of India. Established in 1975, the company was listed on the BSE and NSE on 1st September 2009, with its maiden IPO of over Rs.6,000 crore.

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New record low solar tariff of Rs 3.30/kWh logged at Rewa Solar Park auction

New record low solar tariff of Rs 3.30/kWh logged at Rewa Solar Park auction

In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new record low of Rs 3.30 (~$0.494)/kWh (levelised tariff over 25 years) over a rupee lower than the previous low tariff of Rs 4.34 (~$0.065)/kWh, which was recorded in the state of Rajasthan in January 2016. The winning bid for first year tariff hit a new low at Rs 2.97 (~$0.0444)/kWh and will escalate by Rs 0.05 (~$0.0007) over 15 years, bringing the levelised tariff to Rs 3.30 (~$0.494)/kWh over 25 year

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MNRE to decide norms for 1,000 MW wind auction

MNRE to decide norms for 1,000 MW wind auction

The Ministry of New and Renewable Energy has invited stakeholders for consultation to firm up norms for auction of 1,000 MW grid-connected wind power capacity. ´It is proposed to hold another round of consultations on August 23, 2016 with stakeholders on the revised draft guidelines for the scheme for setting up 1,000 MW wind power capacity through tariff based competitive bidding,´ a senior official said

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