The Shyam Jindal-promoted conglomerate secured the order at a tariff of ₹5.07/kWh in a reverse auction. New Delhi-headquartered BC Jindal Group has signed a 150 MW power purchase agreement (PPA) with state-owned Solar Energy Corporation of India Ltd (SECI) for round-the-clock (RTC) renewable energy solutions. The agreement is part of SECI’s 1,200 MW RTC renewable...
Tag: SECI
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ENGIE Secures 100 MW Solar PPA with SECI, Expands Rajasthan Portfolio to 1 GW
Located in one of India’s highest solar irradiance zones, the Barmer project is set to deliver dependable clean power to a region where rising energy demand and economic growth go hand in hand. French energy services group ENGIE has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a...
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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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IndiaÂ’s first ISTS connected wind power project commissioned
Solar Energy Corporation of India (SECI) conducted IndiaÂ’s first auction of wind power projects in February 2017 of Rs 3.46 tariff in accordance to the governmentÂ’s plan of 175 GW RE within 2022.
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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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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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Industry awaits Renewable Energy India Expo (REI) 2017
After completing a successful decade of existence, the Renewable Energy India 2017 Expo (REI), hosted by UBM India, IndiaÂ’s leading exhibitions organiser is set to take place from September 20-22, 2017 at the India Expo Center, Greater Noida.
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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
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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Azure Power wins 50 MW solar power project under SECI auction
Azure Power, a leading Indian has announced that it has won a 50 MW solar power project under the National Solar Mission (NSM) solar power producer,Phase II, Batch III, which was recently put up for auction by the Solar Energy Corporation of India (SECI).
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