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Singapore, Saudi companies push Indian solar tariffs to record lowBy : Sustainability ..., Nov 24, 2020
The Indian units of Singapore-based Sembcorp Industries Ltd and Saudi Arabia-based Aljomaih Holding Co won government auctions to sell solar power for a record low of 2 rupees ($0.0270) per kilo... Read more.. |
India wins deal for 24X7 supply of green powerBy : Sustainability ..., May 11, 2020
The gloom and doom of the coronavirus pandemic has failed to dampen the spirit of India’s renewables sector, with Goldman Sachs-funded ReNew Power on Friday winning the world’s first tender for round-the-clock supply of green power by a margin of 1 paise by quoting a tariff... Read more.. |
MNRE tightens tariff ceiling to Rs 2.8/unit from Rs 3.5/unit under CPSE Ph-II solar schemeBy : Sustainability ..., Apr 14, 2020
The Ministry of New and Renewable Energy (MNRE) on Monday announced a reduction in tariff by 70 paise to Rs 2.8 per unit under the second phase of the Central Public Sector Undertaking (CPSU) programme for development 12 GW of solar projects. Besides, the ministry has also... Read more.. |
Maharashtra: Solar sector welcomes MERC’s new tariff orderBy : Sustainability ..., Apr 2, 2020
Maharashtra Solar Sangathan, an umbrella association of over 1,000 solar system manufacturers in the state, has welcomed the latest tariff order issued by Maharashtra Electricity Regulatory Commission (MERC) for rooftop solar power units. While the power regulator has... Read more.. |
TPDDL to Procure 100 MW Solar, 50 MW Wind Power From SECI After CERC ApprovalBy : Sustainability ..., Mar 5, 2020
The Central Electricity Regulatory Commission (CERC) while hearing on two petitions filed by Delhi-based power Discom Tata Power Delhi Distribution Limited (TPDDL) has approved the tariffs of Rs 2.54/kWh for procurement of 100 MW solar power and Rs 2.52/kWh for procurement of... Read more.. |
Solar tariff drops to Rs 2.5 per unit in latest SECI auctionBy : Sustainability ..., Feb 28, 2020
The latest reverse auction for 1,200 MW of solar capacity, conducted by the Solar Energy Corporation of India (SECI), will see the tariff drop to Rs 2.5 per unit. Though this is higher than the all-time low rate of Rs 2.44/unit, it is much lower than Rs 2.71/unit in the last... Read more.. |
Chandigarh taps private sector for 69MW solar energy target by 2022By : Sustainability ..., Feb 27, 2020
The UT administration is all set to introduce the Renewable Energy Service Company Model (Resco) model in the city to tap solar energy on private residential houses. Under the model, the UT will rope in private companies to install solar plants atop houses. In return, the... Read more.. |
Solar storage tariff spells trouble for coalBy : Sustainability ..., Feb 10, 2020
When solar power tariff dropped to Rs 2.44 per unit for the first time in May 2017, it set a record for cheapest electricity, busted the myth of renewable power being unaffordable and opened a Pandora’s box for conventional power plants by challenging coal’s dominance as the... Read more.. |
Maharashtra: MSEDCL ups its price to woo solar power makersBy : Sustainability ..., Jan 20, 2020
In view of the poor response to its tender for buying 1,350MW solar power, state discom MSEDCL has increased the maximum price to attract producers. The company had floated tenders for buying 1,350MW with a cap of Rs3.15 per unit but got bids for only 5MW. Now it has... Read more.. Subject Tags: bidding , Maharashtra State Electricity Distribution Co Ltd (MSEDCL) , solar power , solar tariff |
Azure Power secures 2,000 MW solar power projectBy : Sustainability ..., Dec 16, 2019
Solar power producer Azure Power has announced that it has received a letter of award (LOA) for a 2 Gigawatt (GW) interstate transmission (ISTS) solar power project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of Rs 2.92 per kWh. The... Read more.. |