gujarat

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NTPC Invites Bids to Supply Modules for 1.46 GW of Solar Projects

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the supply of solar modules for the Shajapur solar project (458.25 MW), Bhuj solar project...

June 2, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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CleanMax Secures $360 Million Funding to Expand its C&I Segment Portfolio

Mumbai-based renewable energy company CleanMax Enviro Energy Solutions (CleanMax) has successfully concluded an equity fund raise of approximately $360 million from...

June 1, 2023

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Gautamee Hazarika

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C&I

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Finance and M&A

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Solar
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Torrent Power Swings to Profit in Q4 on Higher Generation and Power Demand

Gujarat-based power company Torrent Power posted a profit of ₹4.88 billion (~$58.97 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23 against a...

May 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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NTPC Floats Cable Supply Tender for 1.25 GW of Solar Projects in Gujarat

NTPC Renewable Energy has invited bids for an HT power cable supply package for a 1,255 MW solar block of Khavda Renewable Energy Park in the Kutch district of Gujarat....

May 26, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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Gujarat Adopts Tariff of ₹2.51/kWh for Procuring 860 MW of Solar Power

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariff of ₹2.51 (~$0.030)/kWh for Gujarat Urja Vikas Nigam (GUVNL) to procure 500 MW of solar power...

May 22, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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GUVNL Invites Bids for 800 MW Solar Projects with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids for 800 MW of grid-connected solar projects (Phase XX) at the Khavda Solar Park in Gujarat with a greenshoe option of...

May 22, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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Gujarat Invites Bids to Select Consultant for 1.5 GW Floating Solar Park

Gujarat State Electricity Corporation (GSECL) has invited bids to appoint a consultant to prepare a feasibility report and detailed project report to set up a 1,500 MW...

May 12, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Gujarat Formulates Land Lease Policy to Promote Green Hydrogen Production

The Revenue Department, Government of Gujarat, has issued the ‘Policy 2023’ for leasing out land to foster the growth of green hydrogen production in the...

May 11, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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NHPC, SJVN, and NTPC Emerge Winners in GUVNL’s 600 MW Solar Auction

NHPC, SJVN Green Energy, and NTPC Renewable Energy won the Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 600 MW of grid-connected solar power projects...

May 3, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Prozeal Infra Raises $4 Million to Scale Solar EPC Operations

Solar energy developer Prozeal Infra Engineering has received $4 million in a first funding round led by Alchemie Ventures, an investment office arm of Chandrakant Gogri,...

April 7, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Daily News Wrap-Up: Stakeholders React to ALMM Postponement

The government’s decision to keep the Approved List of Models and Manufacturers (ALMM) policy in abeyance for a year has prioritized expeditious solar capacity addition...

April 4, 2023

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Mercom India

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Daily Wrap-up
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Gujarat Sets Additional Surcharge of ₹0.76/kWh for Open Access Consumers

The Gujarat Electricity Regulatory Commission (GERC) has approved an additional surcharge of ₹0.76 (~$0.0092)/ kWh, which will apply to consumers availing power through...

April 3, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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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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