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ANERT Invites Bids for 2 MW of Solar Projects in Kerala

Kerala government’s Agency for New and Renewable Energy Research and Technology (ANERT) has invited bids for 2 MW solar projects at multiple locations of the Travancore...

April 18, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Ministry to Expedite Setting up of Renewable Energy Equipment Manufacturing Zones

The Ministry of Power has amended the expression of interest issued in April to set up manufacturing zones for power and renewable energy equipment. As per the...

May 31, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Airtel Acquires Stake in Avaada’s 10 MW Open Access Solar Project in Karnataka

Bharti Airtel, one of India’s largest telecom companies, and its data center subsidiary, Nxtra Data, have acquired a 7.03% and 11.33% equity stake in Avaada KNShorapur,...

March 28, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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BHEL Invites EoI from Partners to Set Up Battery Storage Gigafactory Under PLI Program

Bharat Heavy Electricals (BHEL) has invited bids to select partners to set up a gigawatt-scale advanced chemistry cell battery storage facility through a special purpose...

October 13, 2021

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Rahul Nair

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Energy Storage

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Tenders & Auctions
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BHEL Commissions NTPC’s 25 MW Floating Solar Photovoltaic Project in Andhra Pradesh

Bharat Heavy Electricals Limited (BHEL) has commissioned the 25 MW floating solar photovoltaic (PV) project at NTPC’s site in Simhadri, Andhra Pradesh. BHEL claims it...

September 16, 2021

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Arjun Joshi

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Floating Solar

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Solar
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Torrent Power Acquires 100% Stake in a 50 MW Solar Project in Maharashtra

Gujarat-based power generation company Torrent Power has signed an agreement with Lightsource India and Lightsource Renewable Energy to acquire 100% of the share capital...

August 2, 2021

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Rakesh Ranjan

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Finance and M&A

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Solar
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GAIL Invites EoI for Acquisition of Operational Projects Located in Solar Parks

GAIL (India) Limited, India’s leading natural gas company, has invited expression of interest (EoI) to acquire operational solar power projects located in solar...

July 13, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Power Grid Acquires Two Transmission Projects to Evacuate Solar Power in Rajasthan

State-owned power transmission company Power Grid Corporation of India (PGCIL) has acquired two transmission projects – Fatehgarh Bhadla Transco Limited and Sikar...

June 7, 2021

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Rahul Nair

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Finance and M&A

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Other
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DFM Foods to Buy Solar Via Open Access Under Group Captive Mode from Fourth Partner Energy

Noida-based packaged snacks manufacturer DFM Foods announced that they have invested ₹9.6 million (~$130,672) to acquire 5.57% equity shares in Belenus Solar Private...

May 11, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Reduced Lock-In Period for Solar Projects Could Spur Foreign Investments and Liquidity

In October 2020, the Ministry for New and Renewable Energy (MNRE) released a series of amendments related to the tariff-based competitive bidding process to procure...

December 4, 2020

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Rahul Nair

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Markets & Policy

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Solar
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Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables

Bengaluru-based biopharmaceutical company Biocon Limited will acquire a 26% equity stake in Hinduja Renewables Two Private Limited (HRTPL). Biocon would shell out ₹59...

November 24, 2020

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Rahul Nair

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Finance and M&A

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Solar
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Ministry of Power Readies Framework to Privatize Distribution Licensees

The Ministry of Power (MoP) has issued draft standard bidding documents to select bidders for acquiring a majority stake in distribution licensees for the distribution...

September 24, 2020

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Rakesh Ranjan

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Grid

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Market & Policy
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Karnataka Commission Denies Commissioning Extension to Four Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has passed orders for four solar power developers asking them to pay liquidated damages for delays in project...

June 5, 2020

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Nithin Thomas Prasad

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Markets & Policy

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Solar
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PFC Readies to Set Up Transmission Systems to Evacuate 35.9 GW of Solar Power

The Power Finance Corporation (PFC), the financial backbone of the Indian power sector, announced the incorporation of five of its special purpose vehicles (SPV) as...

May 29, 2020

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Nithin Thomas Prasad

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Grid

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T&D
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REC Incorporates Seven SPVs for Developing Transmission Network for Solar Projects

REC Limited, a public infrastructure finance company in India’s power sector, announced that its board of directors had approved a proposal to incorporate seven...

April 13, 2020

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Nithin Thomas Prasad

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Grid

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Other

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