Gujarat

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SJVN secures ₹9.2 Billion Loan from Japan Bank for International Cooperation

Government-owned SJVN has secured a green financing loan of ₹9.15 billion (~$111.2 million) from the Japan Bank for International Cooperation (JBIC) to construct two...

March 28, 2023

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Gautamee Hazarika

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Finance and M&A

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Floating Solar

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Solar
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Gujarat Regulator Allows DISCOM to Procure 1,070 MW Wind-Solar Hybrid Power

Gujarat Electricity Regulatory Commission (GERC) has approved distribution licensee  MPSEZ Utilities’ (MUL) petition to procure 1,070 MW of ISTS-connected wind-solar...

March 28, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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BHEL Floats O&M Tender for a 100 MW Solar Project in Gujarat

Bharat Heavy Electricals (BHEL) has invited bids for the operation and maintenance (O&M) of a 100 MW grid-connected solar power project (Phase-II) for the Gujarat...

March 23, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Gujarat Invites Bids to Procure 500 MW of Wind Power with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional...

March 17, 2023

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Rakesh Ranjan

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Tenders and Auctions

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Wind
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Sterling and Wilson Bags BoS Package Tender for 1.2 GW Solar Projects

Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, won NTPC’s tender for the balance of...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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States Achieve Half of the Allocated Rooftop Solar Capacity Under Phase II  

States have cumulatively installed only half of the allocated capacity of 3.38 GW in the residential rooftop solar segment as part of the Ministry of New and Renewable...

March 15, 2023

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Arjun Joshi

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Rooftop

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Solar
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India Installs 1.6 GW of Rooftop Solar in 2022, Down 4% YoY

India added 1.6 GW of rooftop solar capacity in the calendar year (CY) 2022, nearly a 4% decline year-over-year (YoY), compared to 1.7 GW in 2021, according to Mercom...

March 1, 2023

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar
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Sterlite Commissions ₹20 Billion Transmission Project in Green Energy Corridor

Power transmission company Sterlite Power has successfully commissioned the Lakadia-Vadodara Transmission Project (LVTPL), which is part of the green energy corridor...

March 6, 2023

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Arjun Joshi

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Grid

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Other
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Virescent Subsidiary Acquires 25 MW Solar Project in Gujarat

Godawari Green Energy (GGEPL), a wholly-owned subsidiary of investment firm Kohlberg Kravis Roberts (KKR)-backed Virescent Renewable Energy Trust has acquired a 25 MW...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Ocior Energy to Invest ₹400 Billion in Green Hydrogen Facility in Gujarat

The Industries Department of Gujarat and Ocior Energy India signed a memorandum of understanding (MoU) for the development of a green hydrogen and green ammonia project...

February 28, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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IREDA Plans to Finance Renewable Energy Projects in Foreign Currency

The Indian Renewable Energy Development Agency (IREDA) plans to finance renewable energy projects in foreign currency for which an office would be established in Gujarat...

February 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Gujarat Invites Bids for 921 MW of Solar Projects Under KUSUM Program

Paschim Gujarat Vij Company (PGVCL) has invited bids to develop 921 MW of solar projects to solarize 11 kV feeders of selected 66/11 kV substations of PGVCL under...

February 27, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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50% of India’s Planned Solar Module Capacity to be in Gujarat

As India prepares to build out its solar module manufacturing capacity, Gujarat has emerged as an overwhelmingly favorite destination for domestic manufacturers,...

February 6, 2023

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Gautamee Hazarika

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Manufacturing

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Mercom Research Focus

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Modules

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Solar
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Odisha’s GRIDCO to Procure 400 MW Wind Power from SECI

The Solar Corporation of India (SECI) has signed a power sale agreement (PSA) with Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the government of...

February 7, 2023

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Satish Shetty

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Markets & Policy

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Wind
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CEA Proposes Underground Transmission Lines for Endangered Bird Area

The Central Electricity Authority (CEA) has proposed that power transmission lines of up to 33 kV voltage level passing through the Great Indian Bustard (GIB) area...

February 3, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar

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