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SECI tweaks 1.2 GW renewables plus storage tender

By : Sustainability ..., Dec 4, 2019

In August Solar Energy Corporation of India (SECI) had invited bids to set up an aggregate 1,200 MW of capacity with Inter-State Transmission System (ISTS)-connected wind/solar/wind-solar hybrid projects, along with energy storage, throughout India. The projects—to be...

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Centre, Andhra reach a compromise on green contracts

By : Sustainability ..., Nov 29, 2019

The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended...

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Minister to ask states to uphold PPAs with green energy firms

By : Sustainability ..., Oct 7, 2019

Union power minister RK Singh will urge state governments to uphold the sanctity of contracts signed with renewable energy companies and speak about the impact of reneging from agreements when he addresses power ministers of states this week. Singh will emphasise at the...

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Andhra govt softens stand on power purchase agreements signed TDP: R K Singh

By : Sustainability ..., Aug 22, 2019

The YS Jagan Mohan Reddy-led Andhra Pradesh government has softened its stand on the controversial plan to reopen the power purchase agreements (PPAs) inked under the previous TDP government. In...

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NTPC Offer Draws Out ISA Invite For Other Organisations to Enlist

By : Sustainability ..., Jun 11, 2019

The New Delhi Headquartered International Solar Alliance (ISA), which finally started on its massive 1000 W mandate recently with the 270,000 plus solar water pump tender (through EESL),...

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Two further tenders for 2.8GW announced in India

By : Sustainability ..., Mar 14, 2019

Gujarat has issued its second tender for 1GW of wind power through the competitive bidding process. The first tender for 500MW in December 2017 saw a record low tariff of INR 2,440/MWh ($35.28/MWh) leading to significant turbulence in the wind sector. The latest tender issued...

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Costly solar power PPAs will continue to burden Punjab consumers

By : Sustainability ..., Feb 11, 2019

The state power sector which has been making a steady progress towards improving its finances is likely to be burdened with the costly power from solar plants and the power purchase agreements signed with the independent solar power producers (ISPPs) in the state. A windfall...

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NTPC asks bidders for additional tariffs for tender floated earlier

By : Sustainability ..., Aug 9, 2018

State-run NTPC has asked solar power developers pre-qualified for a 2,000 MW tender it floated earlier this year to submit additional tariffs reflecting the impact of safeguard duty....

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KKR in talks to invest Rs 500 crore in clean energy company Leap Green

By : sustainabilityo..., Mar 28, 2018

US private equity giant KKR is in talks to invest as much as Rs 500 crore to fund clean energy company Leap Green, founded by members of the family of Formula One racer Narain Karthikeyan. The...

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Jaipur’s waste-to-energy plans stall due to absence of power purchase agreement

By : sustainabilityo..., Jan 10, 2017

North India-based city Jaipur’s waste-to-energy plans have hit a roadblock due to the lack of a power purchase agreement (PPA), according to media reports.

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