oversubscribed

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EU Renewable Energy Financing Mechanism Tender Oversubscribed

The European Union’s inaugural renewable energy financing mechanism tender has attracted bids well above its target capacity. The tender was realized through...

October 4, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was...

October 21, 2022

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Gourav Mishra

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Finance and M&A

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Wind
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SECI’s 1,785 MW Solar Tender Receives Staggering Response

The Solar Energy Corporation of India’s (SECI) tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV) has received a huge response from the bidders,...

July 2, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Torrent Power’s 300 MW Gujarat Solar Tender Oversubscribed

Torrent Power Limited’s tender for the purchase of up to 300 MW of power from grid-connected solar projects in Gujarat has been oversubscribed, according to Mercom’...

February 12, 2021

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Nithin Thomas

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Solar

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Tenders & Auctions
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Andhra Pradesh’s Tender for 6.4 GW of Solar Projects Oversubscribed by 8.5 GW

The Andhra Pradesh Green Energy Corporation’s (APGECL) tender to develop 6.4 GW of solar power projects has been oversubscribed by 8.5 GW, according to Mercom’s sources....

December 30, 2021

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Nithin Thomas

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Solar

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Tenders & Auctions
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NHPC’s 2 GW Solar Tender Oversubscribed

The National Hydroelectric Power Corporation’s (NHPC) tender for 2 GW of Interstate transmission systems (ISTS) connected solar projects has been oversubscribed by 1.78...

January 31, 2020

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Nithin Thomas

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Solar

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Tenders & Auctions
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Rajasthan’s 113.5 MW Solar Tender Oversubscribed by 38 MW

The Rajasthan Renewable Energy Corporation Limited’s (RRECL) recent solar tender for 113.5 MW of decentralized solar projects in the state has been oversubscribed. RRECL...

December 2, 2019

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Nithin Thomas

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Solar

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Tenders & Auctions
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SECI’s 750 MW Solar Auction for Rajasthan Sees Lowest Tariff of ₹2.50/kWh

The Solar Energy Corporation of India (SECI)’s recent tender to set up 750 MW (Tranche-II) of grid-connected solar projects in Rajasthan saw the lowest (L1) tariff of ₹2....

June 19, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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SECI’s 750 MW Rajasthan Solar Tender Oversubscribed by 350 MW

A 750 MW solar tender floated by the Solar Energy Corporation of India (SECI) has been oversubscribed by 350 MW today. A SECI official confirmed the closing of bid...

June 4, 2019

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Soumik Dutta

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Solar

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Tenders & Auctions
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SECI’s 1.2 GW Solar Tender Oversubscribed by 900 MW

The tender floated by the Solar Energy Corporation of India Ltd. (SECI) to set up 1.2 GW of interstate transmission system (ISTS)-connected solar photovoltaic (PV)...

May 30, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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SECI’s 750 MW Solar Tender for Rajasthan Oversubscribed by 1,620 MW

The Solar Energy Corporation of India (SECI)’s 750 MW tender for solar PV projects to be developed on a standalone basis across the state of Rajasthan has been...

February 19, 2019

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Nitin Kabeer

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Solar

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Tenders & Auctions
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UPC Solar Quotes Lowest Tariff of ₹2.55/kWh in Gujarat’s 500 MW Solar Auction

Paryapt Solar, a special purpose vehicle by UPC Solar, has emerged as the lowest bidder by quoting a tariff of ₹2.55 (~$0.035)/kWh to develop 50 MW in the recent auction...

February 19, 2019

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Nitin Kabeer

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Solar

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Tenders & Auctions
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SECI’s 1.2 GW Wind Tender Garners Huge Response, Oversubscribed by 1,125 MW

The recent wind tender issued by the Solar Energy Corporation of India (SECI) for 1,200 MW of projects have been oversubscribed by 1,125 MW. These ISTS-connected wind...

February 7, 2019

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Saumy Prateek

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Other

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Wind
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L1 Tariff of ₹2.71/kWh Quoted in MSEDCL’s 1 GW Solar Auction

Lowest (L1) tariff of ₹2.71 (~$0.0401)/kWh was quoted in the auction held by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of 1...

May 15, 2018

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Saumy Prateek

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Solar

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Tenders & Auctions
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MSEDCL’s 1 GW Solar Tender Oversubscribed by 450 MW

Maharashtra State Electricity Distribution Company Limited (MSEDCL)’s 1 GW grid-connected solar photovoltaic (PV) tender has been oversubscribed by 450 MW. “In all,...

May 10, 2018

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Saumy Prateek

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Solar

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Tenders & Auctions

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