SECI invites tender for 1.2 GW of ISTS-connected Wind Power Projects in India
In a recent advancement, The Solar Energy Corporation of India(SECI) has invited proposals for setting up of Inter-state transmission system(ISTS) connected Wind power projects in the country, on Build Own Operate (BOO) basis. The aggregate capacity of a tender is
MNRE issues amendments in guidelines for the tariff-based competitive bidding process for solar PV projects
The Ministry of New and Renewable Energy (MNRE) along with the Ministry of Power (MoP) recently announced the amendments to the guidelines for the tariff-based competitive bidding process for procurement & Power from grid-connected solar PV power projects. The amendments
MSEDCL announces RfS for 1000 MW solar projects at INR 2.80/unit ceiling tariff
MSEDCL has announced a Request for Selection (RfS) document for the purchase of 1000 MW power for a long-term basis through a competitive bidding process. The summary of the document is as follows: The project is introduced in order to
HPPC asks SECI to allot solar capacity at fixed rate to fulfill its RPO target
HPPC petitioned to seek in-principle approval of the commission to purchase 250 MW of solar power from SECI under 2000 MW ISTS scheme. HPPC wished to purchase 250 MW of power from SECI at INR 2.93/kWh (excluding trading margin) fixed
RERC PROVIDES CLARIFICATION REGARDING DURATION AND TARIFF OF PPAS EXECUTED UNDER REC MECHANISM
Rajasthan Electricity Regulatory Commission (RERC) has released an order clarifying the duration of PPA's executed under REC mechanism and for setting of tariff for the PPA's executed under REC framework. A petition was filed by Jaipur Vidyut Vitran Nigam Ltd., Ajmer Vidyut Vitran
STATES IN INDIA BARRED FROM CANCELLING PPAS
The Government has barred the states in India from arbitrarily cancelling PPAs and has also imposed a penalty of 50% of the tariff. This notification has come after six states in the last two months have cancelled or renegotiated PPAs
WIND TARIFF HITS A NEW LOW
In an auction held yesterday in Tamil Nadu by TANGEDCO, the latest tariff which has been determined is Rs 3.42 per unit. This is lower than the tariff determined in the auction held in February and below the tariff determined
MOP DETERMINES GUIDELINES FOR FOR COMPETITIVE BIDDING FOR POWER PROCUREMENT FROM SOLAR PV PROJECTS
The Ministry of Power (MoP) has released the guidelines for procurement of power from grid connected solar PV power projects. The guidelines are applicable to solar PV projects of size 5 MW and above. The purpose of these guidelines is
KARNATAKA'S DISCOMS CANCEL PPAS AFTER UP AND AP
After the UPERC cancelled PPAs with Bajaj Power owned units (as reported by TOI), BESCOM (Karnataka based DISCOM) cancelled its PPA signed before 31st March of a 75.6 MW wind power plant. The state's energy department had already issued a
COMPETITIVE BIDDING POSES A RISK ON THE FUTURE OF WIND ENERGY
The wind energy sector is in a distressed situation after the Union Government's 'tariff-based competitive bidding' mechanism. Earlier, the SERCs used to fix 'feed-in tariffs' based on which, the the wind energy companies would sign PPAs with the distribution companies.