Gujarat Annuls 500 MW Wind Tender with Greenshoe Option
The Gujarat Urja Vikas Nigam Limited (GUVNL) has cancelled the tender for 500 MW of wind projects. The capacity was tendered by GUVNL under Phase II of its program for ...
Wind Matches Lowest Solar Winning Bid of ₹2.44/kWh in SECI’s 2,000 MW Auction
The Solar Energy Corporation of India (SECI) has successfully auctioned 2 GW of Inter-State Transmission system (ISTS)-connected wind projects under Tranche III. ReNew Power has won the bid to develop ...
Breaking News: New Low Wind Tariff of ₹2.43/kWh Recorded in GUVNL’s 500 MW Auction
Wind power tariffs dropped to a record-low level of ₹2.43 (~$0.038)/kWh quoted in the Gujarat Urja Vikas Nigam Ltd. (GUVNL) 500 MW auction in Gujarat. This is even lower than ...
APERC Approves PPAs for 841.32 MW of Wind
The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved Power Purchase Agreements (PPAs) for 41 wind projects aggregating 841.32 MW. An APERC official confirmed the approval of PPAs and said ...
Suzlon Group Generated Revenue of ₹38.52 Billion in H1 FY 2017-18
Suzlon Group, a renewable energy solutions provider, generated revenue of ₹38.52 billion (~$587.24 million) in the first half of financial year (FY) 2017-18. The company announced pre-forex earnings before interest, ...
Karnataka Government Annuls KERC Order Requiring State to Approve Wind PPAs
The Karnataka State Government has annulled a Karnataka Electricity Regulatory Commission (KERC) order requiring them to sign wind power purchase agreements (PPAs) in the state. The Karnataka State Government in ...
Wind Becomes Competitive with Solar as Tariff Drops to a Record Low ₹2.64/kWh
In India, wind power tariff has dropped below ₹3/kWh for the first time with the lowest winning bid of ₹2.64 (~$0.0413)/kWh quoted in the second 1 GW wind auction conducted ...
India Renewable Energy News and Policy Roundup for September 2017
Several important renewable energy policies especially in solar were announced last month in India. Notable news was the Rewa payment guarantee announcement from Madhya Pradesh. State Agencies The Rajasthan Renewable ...
MNRE Issues Advisory Asking States to Honor Wind PPAs
Bringing relief to wind project developers across India, the Ministry of New and Renewable Energy (MNRE) has issued an advisory to state governments and state electricity regulatory commissions (SERCs) asking ...
SECI Auctions 1,000 MW of Wind
Wind Tariff of Rs.3.46 (~$0.051)/Unit Discovered in India The Solar Energy Corporation of India (SECI) successfully auctioned 1,000 MW of wind in India. This was the first time that competitive ...
