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Author Archives: Saurabh

India Relaxes Clauses For Largest Floating Solar Tender

October 17th, 2018 | by Saurabh

The Solar Energy Corporation of India (SECI) has given a seventh extension to the largest floating solar power tender in India. The agency has been forced to given such repeated extension due to the uncertainty associated with such projects, and the safeguards duty issue that played out over the last few months.

India’s Gujarat Tenders 700 Megawatt Solar Capacity

October 17th, 2018 | by Saurabh

The Indian state of Gujarat has issued a fresh tender to set up 700 megawatts of solar power capacity. The capacity is perhaps the largest on offer in several years from the state of Gujarat, which is planning to take back the throne of the leading Indian state in the solar sector.

Wind Energy Tariffs Stable In India’s 1.2 Gigawatt Auction

October 16th, 2018 | by Saurabh

The sixth national-level wind energy auction in India witnessed stable, and relatively high, tariff bids from project developers. The Solar Energy Corporation of India (SECI) had offered 1.2 gigawatts in its fifth auction, after initially offering 2 gigawatts.

India’s Largest Bank Raises $650 Million In Inaugural Green Bond

September 24th, 2018 | by Saurabh

The largest commercial bank in the Indian subcontinent finally followed the lead of several other private sector banks in India and launched its first-ever green bond. The bond issue was not only a mega success but also lent a hand to the Indian government that is desperate to stem the falling rupee against the US dollar.

Gujarat Solar Auction Yields India’s Lowest Bid

September 19th, 2018 | by Saurabh

The Indian state of Gujarat has managed to match neighboring Rajasthan in terms of the lowest solar power tariff quoted by project developers. So far, only Rajasthan could boast about having the cheapest solar power projects.

SoftBank-Backed SB Energy Accused Of Cartelization In India’s Largest Solar Tender

September 19th, 2018 | by Saurabh

Sector experts were puzzled when the Solar Energy Corporation of India (SECI) partially cancelled the country’s largest-ever solar power auction. The fact that SECI had offered 3 gigawatts of capacity in one go was a milestone in India’s solar power sector. Several developers — Indian and foreign — had collectively offered to set up 10.3 gigawatt capacity.

India Proposes Solar Auction Schedule

September 19th, 2018 | by Saurabh

The huge number of solar power auctions being issued by various agencies across India have finally forced the Ministry of New and Renewable Energy to propose a schedule for all issuing agencies.

India Proposes 15% Cut In Maximum Solar Power Tariff Bid

September 7th, 2018 | by Saurabh

India is planning to implement a major change in the way project developers would participate in future solar power tenders. The Ministry of New and Renewable Energy has proposed to reduce the maximum allowed tariff bid in at least the national-level solar power tenders

Indian Coal Mining Company Tenders 150 Megawatts Of Solar

August 20th, 2018 | by Saurabh

A major coal mining company in India has issued a tender to develop solar power projects worth 150 megawatts of capacity. The tender will be awarded for engineering, procurement, and commissioning work, in addition to 10 years of operations and maintenance contract.

India Offers 8 Gigawatts Of Solar & Wind Capacity In Late June Tenders

July 3rd, 2018 | by Saurabh

India continues with its aggressive timeline to issue tenders and hold auctions for large volumes of solar and wind energy capacities. As per a pre-defined timeline to issue tenders, the Solar Energy Corporation of India (SECI) issued the largest wind energy tender and the first-ever hybrid solar and wind energy tender at the federal level late last month.

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