By now, most of you would have read about the announcements related to the renewable energy sector made in the budget. While the headlines like “Rs. 1,000 Crores for solar projects” sound impressive, what is the real impact of these incentives? Here is a look at some of the incentives announced, and what they mean. […]
Budget 2014-15 : What is in it for the Renewable Energy sector? – An Analysis Read More »
Less than a month after released a revised state Solar policy(click here), the state of Karnataka has floated a Request for Proposal(RfP) for 500 MW of Solar PV and/or Thermal projects. The Bid submission due date is August 20, 2014 and the bid opening(except financial bid) is September 1, 2014. A pre-bid conference is scheduled
Karnataka floats RfP for 500 MW of solar projects Read More »
Karnataka Renewable Energy Development Limited(KREDL) has released the Request for Proposal for the Phase 3 of the state’s solar policy. It is understood that this RFP was necessitated after some of the lowest winning bidders from the previous tendering process had declined to sign the Power Purchase Agreements(PPA) citing unviability of their projects at the
Karnataka releases RFP for allocation of 50 MW Solar projects Read More »
The solar capacity in India crossed the 2 GW milestone in the third quarter of 2013 with the addition of about 900 MW (as of October 2013) driven primarily through the capacity additions under the Batch II of Phase 1 of the National Solar Mission. In addition to this, a few large scale power plants
The lacklustre year 2013 is drawing to a close with some good news for the coming year. The Uttar Pradesh Power Corporation Limited(UPPCL) signed PPAs with 6 developers for setting up a total of 110 MW of solar power projects under the state’s Solar Power Policy 2013 which targets 500 MW solar capacity by 2017. In March
Uttar Pradesh Solar – PPAs signed with developers for 110 MW Read More »
The Solar Energy Corporation of Indian (SECI) had earlier released the standard PPA and VGF securitization agreement following which a pre-bid meeting was scheduled to clarify the details under the RfS as well as the PPA and VGF agreements. SECI has now released the clarifications to the queries raised in the pre-bid meeting. A highlight
SECI announces clarifications to queries from stakeholders (JNNSM Batch 2) Read More »
The Solar Energy Corporation of Indian (SECI) released the standard PPA and VGF securitization agreement yesterday. Developers have been waiting for the VGF securitization agreement as the terms in it would affect the bankability of the projects. Some of the highlights from both the securitization agreement and PPA include Part commissioning of power plants is
SECI releases the standard PPA and VGF securitization agreement Read More »
Solar Energy Corporation of India(SECI) has released the Request for Selection(RfS) document for 750 MW grid connected solar PV projects under JNNSM Phase II Batch 1. The draft guidelines and the final guidelines were released in April 2013 and most recently earlier this month(Click here and here for the detailed guidelines and the updates). With
MNRE had earlier released the draft guidelines for the allocation of projects using the VGF mechanism under the first batch of JNNSM Phase 2. Most of the clauses remain the same (refer our earlier post here). The major changes are on the VGF disbursal guidelines and clarity on the domestic content requirements. The details of
JNNSM Phase 2 -DCR at 50% in the revised draft guidelines for 750 MW under VGF Read More »
Rajasthan Renewable Energy Corporation Limited(RRECL) has released the RfP for the selection of 50 Solar PV plants of 1 MW(AC) to be connected on 11 kV level at 33/11 kV Discom’s substation in the state. This follows the allocation of 100 MW of projects in February 2013(More details of the earlier bid is here). Some
Rajasthan Solar – Request for Proposal issued – 50 Plants of 1 MW each to be allotted Read More »
