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Focus on Green Energy Transition at the Core of Union Budget 2023

The Union Finance Minister Nirmala Sitharaman laid out an expansive budgetary outlay for expediting green transition as she identified ‘Green Growth’ as one of the seven...

February 1, 2023

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Rakesh Ranjan

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Markets & Policy

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Other

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Renewable Energy
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SECI Pays ₹7.91 Billion to Solar and Wind Developers in November

The Solar Energy Corporation of India (SECI) has released ₹7.91 billion (~$96.6 million) in payments to solar and wind power generators for the power purchased in...

February 1, 2023

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Arjun Joshi

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Other

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Renewable Energy
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SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October

The Solar Energy Corporation of India (SECI) released ₹8.04 billion (~$98.6 million) in payments to solar and wind power generators for the power purchased in October...

December 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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SECI Released ₹9.54 Billion for Wind and Solar Power Purchased in July 2022

The Solar Energy Corporation of India (SECI) released ₹9.54 billion (~$119.6 million) in payments to solar and wind power generators for the power purchased in July 2022....

August 29, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Ceiling Usage Charge of ₹3.50/kWh for 1,692 MW of Solar Projects Under CPSU Program Approved

The Central Electricity Regulatory Commission (CERC), in a recent order, adopted the ceiling usage charge of ₹3.50 (~$0.046)/kWh for 1,692 MW of solar power projects...

December 15, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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SECI Pays ₹4.91 Billion to Solar and Wind Developers for Power Purchase in May

The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$66 million) to solar and wind developers for the power it purchased in May 2021, according to...

June 28, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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IREDA Amends 5 GW CPSU Solar Tender, Raises Tariff Cap to ₹2.45/kWh

The Indian Renewable Energy Development Agency (IREDA) has extended the deadline for the 5 GW grid-connected solar projects (Tranche-III) under the central public sector...

May 18, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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CPSU Program for 12 GW of Solar Amended, VGF Capped at ₹5.5 Million

The Ministry of New and Renewable Energy (MNRE) has issued amendments for setting up 12 GW of solar projects with viability gap funding (VGF) by central public sector...

May 11, 2021

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Rahul Nair

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Markets & Policy

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Solar
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IREDA’s 5 GW Solar Projects Under the CPSU Program Comes With a ₹2.20/kWh Tariff Cap

The Indian Renewable Energy Development Agency (IREDA) has capped the tariff for the 5 GW of grid-connected solar power projects (Tranche III) under the central public...

February 1, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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IREDA Floats 5 GW Tender For Grid-Connected Solar Power Projects Under CPSU Program

The Indian Renewable Energy Development Agency (IREDA) has floated a tender for the setting up of 5 GW of grid-connected solar power projects in India (Tranche III)...

January 29, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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SECI’s Auction for 922.4 MW Out of its 2 GW CPSU Solar Tender Sees NTPC as the Biggest Winner

Solar Energy Corporation of India (SECI) has conducted the auction for its tender for setting up 2,000 MW of grid-connected solar projects (Tranche-I) under the second...

September 26, 2019

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Shaurya Bajaj

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Solar

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Tenders & Auctions
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MNRE Details Roles and Responsibilities of DISCOMs Under the 12 GW Solar CPSU Program

The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth...

July 4, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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2 GW of Solar Projects Tendered Under Second Phase of Government’s CPSU Program

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the setting up of 2,000 MW of grid-connected solar PV power projects...

March 18, 2019

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Nitin Kabeer

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Solar

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Tenders & Auctions
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In a Boost for Domestic Manufactures, President Approves CPSU Program for 12 GW of Solar

The President of India has accorded his approval to implement phase-II of the Central Public Sector Undertaking (CPSU) program to set up 12,000 MW of grid-connected...

March 8, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Important Headlines from India’s Solar Industry During February 2019

A series of significant announcements in the Indian renewable sector were made during February. For instance, the Minister of Power and New and Renewable Energy, R.K...

March 7, 2019

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Nitin Kabeer

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Markets & Policy

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Solar

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