Indian government tenders another 1.2 GW of solar
The Solar Energy Corporation of India has invited bids to set up 1.2 GW of grid-connected solar under the fifth phase of its national interstate transmission system program. The projects – to be established on a build, own, operate basis – will be awarded through e-bidding and a reverse auction with a tariff ceiling of Rs2.65/kWh. Bidding closes on July 31.
India’s latest 1.2 GW of solar capacity awarded at $0.036 ahead of safeguarding duty fall
The Solar Energy Corporation of India’s 1.2 GW auction saw four companies – Ayana Renewable, ReNew Power, NYSE-listed Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at INR2.54/kWh. Avaada Energy landed the remaining 50 MW, at Rs2.55.
New factory-focused solar tender in the offing for India
With last year’s embarrassing manufacturing-linked capacity tender limping along, it has been reported the Indian government – whichever form it takes after the current elections – is considering another tender to incentivize the establishment of a domestic solar industry.
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 developer Azure Power commissions 150 MW project at the Bhadla Solar Park
The independent power producer now has 1.6 GW of operational solar assets. Other recently commissioned Azure projects include the final phase of a 260 MW solar project in Gujarat and a 100 MW facility in Karnataka.
India extends bid deadline for latest attempt to attract solar manufacturers
The deadline for the Solar Energy Corporation of India’s latest attempt to incentivize solar manufacturing, by offering generation capacity, has come and gone. The government body’s attempts to kick-start domestic production have thus far made little headway.
Rajasthan solar auction draws electricity price of just 3.5 US cents
Record-setting Acme Solar has secured a third of the latest procurement exercise in the state with a lowest bid of INR2.48/kWh. The tender was oversubscribed by more than 100% as offers came in for 1,620 MW of capacity.
India goes into overdrive with 6 GW tender plans announced in five days
SECI, the organization responsible for coordinating India’s push for 100 GW of new solar capacity by 2022, has had a busy week. But, as last year illustrated, tenders alone are not always a guarantee of new generation assets.
Tender for 20 MW of floating solar-plus-60 MWh storage in Indian archipelago
The Solar Energy Corporation of India has invited bids for the development of an aggregate capacity of 20 MW of lagoon-based floating PV with 60 MWh of battery-based storage systems in the union territory of Lakshadweep.
India’s 10 GW mega tender has now been trimmed to 3 GW
A week after rejecting the sole bid received – from Azure Power – for its manufacturing-linked 10 GW solar procurement, the government has trimmed the size of the ill-fated exercise by more than two-thirds.
