India’s National Thermal Power Corporation had invited bids for 10 separate 50 MW solar PV projects under the Phase-II, Batch-II, Tranche-I of National Solar Mission in Andhra Pradesh, each of which are to be developed in the Ghani Solar Park, Kurnool District of the state. Bids were submitted last week, and as per … [continued]
The National Thermal Power Corporation — India’s largest thermal power producer — is responsible for meeting a fourth of the country’s base load. Its revenues are protected by a tripartite agreement between the Reserve Bank of India, the Central Government, and the state governments. Per this agreement, if any state … [continued]
Originally posted on Solar Love. According to an announcement made by senior government officials, the Indian state of Madhya Pradesh plans to enhance its solar power generation capacity to about 3 GW in the next two years. Domestic as well as international developers are bidding aggressively for new projects in … [continued]
Last week, Canada-based solar developer SkyPower marked the start of its business in India by securing 150 MW worth of solar power projects in the central state of Madhya Pradesh (MP). In doing so, the company also managed to rattle the market by bidding the lowest tariff India has ever … [continued]
Originally published on Solar Love. India’s solar power market has a new lowest tariff as a subsidiary of SkyPower won rights to develop 150 MW of solar power photovoltaic capacity in the state of Madhya Pradesh. Madhya Pradesh had offered a capacity of 300 MW to prospective project developers. The … [continued]
A cabinet meeting chaired by the Chief Minister of India’s Madhya Pradesh, Mr Shivraj Singh, has approved the proposal for commissioning the world’s largest solar power plant in the Rewa District. As per projects announced until now, once commissioned the proposed Solar Park would be the world’s largest solar PV power plant, with a … [continued]
Taking inspiration from Gujarat’s Charanka Solar Park, during the 2014–15 financial budget, India’s Finance Minister had amongst other things announced a fund of Rs5 billion ($80 million) in order to promote Ultra Mega Solar Power Projects (UMSPP) across states with good solar potential. Accordingly, the Ministry of New and Renewable Energy (MNRE) had prepared a draft scheme for … [continued]
India’s largest power producer, NTPC Limited, plans to invest heavily in solar power plants, including a new project in Uttar Pradesh.
India has about 750 GW of solar power potential, according to a new report from the National Institute of Solar Energy. With 3 GW of installed capacity, the country has a lot of room for growth.
ACME Solar has secured a loan of Rs 202 crore ($34 million US) from the IFC for the development of 100 MW of solar power capacity in India.
