Goa to extend solar PPA with NTPC by 3 more years
The government of Goa, now reeling under severe electricity shortages, has decided to extend its solar power purchase agreement with NTPC Vidyut Vyapar Nigam by three years, following a complete lack of interest in the Indian state’s recent solar tenders.
Indian fossil fuel giant NTPC tenders 1 GW of solar capacity
Developers have until November 18 to submit bids for projects anywhere in India. The projects are to be set up on a develop, build, demonstrate and transfer basis.
Indian power company chief calls for AI to help ‘clean’ coal for at least 30 years
An energy conference in West Bengal heard of a proposed 800 MW solar project in the state on top of a 900 MW scheme being carried out with Japan. But the chairman of power giant NTPC said artificial intelligence and digitization should be used to extend coal burning for decades.
NTPC reveals plan to build 5 GW in Gujarat, opens global bids for 1.2 GW
The utility has revealed plans to invest roughly $3 billion in the construction of a 5 GW solar park across two to three locations in the Kutch region of the Indian state of Gujarat. In a separate announcement, the New Delhi-based group opened global bidding to build 1.2 GW of grid-connected solar capacity throughout India.
NTPC opens global bids for 20 MW floating solar project in India
The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, in the Indian state of Uttar Pradesh. Bidding closes on Sept. 5.
Power-surplus Indian state says no to new solar capacity
Karnataka state has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
Indian state-owned utilities tender 45 MW of floating solar projects
Following power company NTPC’s 20 MW tender for Rajasthan and 15 MW procurement for Himachal Pradesh, Haryana Power Generation Corporation Limited has invited bids to develop 10 MW of floating PV in Hisar. The deadline for bid submission is on March 1.
Investment funds scramble to acquire Indian giant’s 1 GW assets
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.
Macquarie and India’s NTPC in race to buy Infrastructure Leasing and Financial Services’ assets
India’s leading infrastructure finance company expects to generate up to $1.14bn from wind and solar asset sales.
Azure Power agrees $0.035 tariff for 300 MW project in India
The developer will supply energy to India’s largest utility under a 25-year PPA and can build the project anywhere in the nation, with construction to finish in early 2021.
