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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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Jharkhand close to signing PPAs for 1.1 GW of solar power after delay

By : sustainabilityo..., Dec 1, 2016

Jharkhand may sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar projects, were originally auctioned during early 2016 but...

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