You are here

Rays Power Infra to invest ₹1,700 cr to set up 450 MW renewable projects

By : Sustainability ..., Oct 21, 2019

Solar power developer Rays Power Infra will invest ₹1,700 crore to set up 450 MW of green energy projects in four major states of the country, a top company official has said. The company will be selling the energy generated to private and industrial consumers in the states...

Read more..

Andhra Pradesh regulator approves solar power tariffs

By : Sustainability ..., Oct 18, 2019

The Andhra Pradesh Electricity Regulatory Commission (APERC) has waded into the row over attempts to renegotiate signed power purchase agreements (PPAs) by ordering state power distribution companies to honor the contracts. Regulatory approval of the solar power price set in...

Read more..

FM allays investor concerns, says govt will honour commitments in energy pacts

By : Sustainability ..., Oct 15, 2019

NEW DELHI : Finance minister Nirmala Sitharaman on Monday assured global investors about the sanctity of power purchase contracts in India. India’s assurance comes against the backdrop of controversial attempts by the Andhra Pradesh government to renegotiate clean energy...

Read more..

AP discoms seek steep cut in solar, wind tariffs across all existing PPAs

By : Sustainability ..., Oct 14, 2019

Opening a new phase of sorts in the ongoing tussle with renewable energy players, Andhra Pradesh power utilities on Friday filed three separate petitions before the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking reduction in tariff across all the existing...

Read more..

Govt to ease land acquisition, finance for renewables to meet 450 GW target

By : Sustainability ..., Sep 26, 2019

The Ministry of New and Renewable Energy has started drafting plans to set up mega capacities and ease investment in renewables to meet the new target set by Prime Minister (PM) Narendra Modi. At the United Nations Climate Action Summit in New York on Monday, Modi vowed to...

Read more..

Rajasthan issues tender for 113.5MW of small-scale solar

By : Sustainability ..., Sep 13, 2019

The Rajasthan Renewable Energy Corporation (RRECL) has issued a competitive tender for 113.5MW of small grid-connected solar projects in the desert state. The group, a ‘nodal agency’ of the Indian government’s Ministry of New and Renewable Energy, is seeking developers to...

Read more..

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...

Read more..

Ensure "must-run" status for green energy companies: centre

By : Sustainability ..., Aug 2, 2019

The central government has asked states to ensure that the “must-run” status of renewable energy plants is honoured and that if supply from these units is curtailed, the reason must be given in...

Read more..

Andhra Pradesh to renegotiate renewable pacts citing high rates

By : Sustainability ..., Jul 4, 2019

Andhra Pradesh will renegotiate some power purchase agreements for renewable projects to improve the finances of its electricity retailers. The state’s distribution companies, or discoms, owe...

Read more..

Top power companies bid for three-year PPA with states

By : Sustainability ..., Apr 8, 2019

Power plants of JSW Energy, Jaiprakash Associates, Jindal Power, Sembcorp Gayatri and Essar Power...

Read more..