bank-guarantee

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SECI Pays ₹7.3 Billion to Solar and Wind Developers in December 2022

The Solar Energy Corporation of India (SECI) has released ₹7.3 billion (~$88.6 million) in payments to solar and wind developers for the power purchased in December 2022....

February 15, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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APTEL Sets Aside CERC Order, Grants Extension to a 50 MW Wind Project

The Appellate Tribunal for Electricity (APTEL), in a recent order, condoned the delay of 132 days in the commissioning of a 50 MW wind project and said that the...

January 12, 2022

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Rakesh Ranjan

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Other

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Wind
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Thanjavur Smart City Floats EPC Tender for a 2 MW Solar Project

Thanjavur Smart City Limited (TSCL) has invited bids to set up a 2 MWAC (2.4 MWDC) ground-mounted solar project at Sirajudeen Nagar Sewage water treatment plant in...

December 13, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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EPC Tender Issued for a 7 MW Ground-Mounted Solar Project in West Bengal

The Durgapur Projects Limited (DPL), a Government of West Bengal enterprise, has issued an engineering, procurement, and construction (EPC) tender for a 7 MW...

November 25, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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SECI Announces Tender for 1.2 GW of ISTS-Connected Wind Projects

The Solar Energy Corporation of India (SECI) has announced a tender to set up 1.2 GW interstate transmission system (ISTS)-connected wind power projects (Tranche-XII) in...

October 22, 2021

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Harsh Shukla

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Wind
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EPC Tender Floated for a 60 MW Solar Project in Bangladesh

The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for engineering, procurement, and construction (EPC) of a 60 MW solar project on a turnkey basis...

October 22, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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Rajasthan Electronics Invites Bids for 3,000 DCR Mono or Polycrystalline Solar Modules

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids to supply 3,000...

October 8, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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Bids Invited for a 2 MW Ground-Mounted Solar Project in Kerala

Autokast Limited, a Kerala government-owned foundry unit, has floated a tender to develop a 2 MW grid-connected ground-mounted solar project at its factory in Cherthala,...

September 27, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected ReNew Power’s petition to adjust the bank guarantee upon grant of stage-II connectivity...

July 28, 2021

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Harsh Shukla

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Wind
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APTEL Asks DISCOM to Return Bank Guarantee of a Delayed Solar Project

The Appellate Tribunal for Electricity (APTEL), in a recent order, has ruled in favor of a solar developer, allowing a 15-month extension for a delayed solar project. Of...

July 8, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures

The Central Electricity Regulatory Commission (CERC) has reserved its judgment, in reply to a petition filed by ReNew Power and its three subsidiaries on submitting a...

June 4, 2021

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Rakesh Ranjan

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Other

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Wind
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Ministry Asks States to Relax Performance and Bid Security for Power Project Bids

The Ministry of Power has directed the state governments and the governments of union territories (UT) to relax performance security, earnest money deposits requirements...

March 24, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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LoU from IREDA, PFC, REC to Serve as Bank Guarantees for Solar Tenders

Union Power Minister R.K. Singh has approved the proposal to accept letters of undertaking (LoU) from three non-banking financial institutions that can be used like bank...

September 8, 2020

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Rahul Nair

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Markets & Policy

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Solar
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MNRE Clarifies Stand on Releasing Performance Bank Guarantees to Solar Developers

The Ministry of New and Renewable Energy (MNRE) has clarified its stand on the release of performance bank guarantees (PBGs) to developers. The government earlier...

August 24, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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SECI Seeks to Encash Bank Guarantee for a Delayed Wind Project, Developer Files Petition

ReNew Wind Energy (TN) Private Limited, a subsidiary of ReNew Power, has filed a petition with the Central Electricity Regulatory Commission (CERC) asking it to issue...

August 11, 2020

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Nithin Thomas

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Wind

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