Tamil Nadu, the number one state in solar installations in India at the end of 2016(see here), has received bids for setting up 300 MW of solar power. According to The Hindu, 22 developers have submitted bids to TANGEDCO. The benchmark tariff is Rs. 4.50/kWh. The tender was floated for 500 MW, but once again […]
“The bidding process conducted by TANGDCO for the purchase of 708 MW of solar power from 52 developers has no legal sanctity”. This is the gist of a landmark order passed by the Tamil Nadu Electricity Regulatory Commission(TNERC) on 15 September 2014, according to “The Hindu”. The report by The Hindu says that TNERC ruled
Tamil Nadu Solar faces setback – TNERC declines to approve purchase of 708 MW of power Read More »
“No time extension will be given. We are confident that all the projects will be commissioned by November 2013” – This was the response of one of the officials at a pre-bid meeting in December 2012 when several prospective bidders pleaded for time extension in order to take part in the Tamil Nadu Solar bidding(more here
In a move that has been widely welcomed in the state, the Tamil Nadu state government announced its plans to set up a green energy transmission corridor at a cost of Rs. 1,593 Crores. Apart from this, Rs. 5,400 Crores will be provided for tariff subsidy. The state government will also take over liabilities of
Tangedco and the policy makers in Tamil Nadu have the last laugh. The Hindu has reported today that project developers in Tamil Nadu have come forward to set up 690 MW under the Tamil Nadu Solar Policy(The news is available here). When the bids were opened(technical and commercial), the sentiment was one of disappointment, and
Tamil Nadu Solar – Developers Commit 690 MW of Projects Read More »
After weeks of suspense, 29 developers will be issued Letters of Intent for a total of 226 MW. The Hindu reported this today, and the report says that the board of Tangedco Board of Directors have approved this selection. It may be recalled that bids were received for a total of 499 MW and the
Tamil Nadu Solar – 226 MW to be commissioned by January 2014 Read More »
Tangedco(Tamil Nadu Generation and Distribution Company) has been conducting meetings with the bidders for the 1000 MW tender of the Tamil Nadu Solar policy for finalizing the Power Purchase Agreement tariff. The meetings have been going on for the last 2 days(and today). This follows the opening of the financial bids last week. A few
Tamil Nadu Solar – Tangedco proposes Rs. 6.48/ kWh as “workable tariff” Read More »
The pre-bid meeting for the allocation of 1000 MW of solar projects under the ambitious Tamil Nadu solar policy was organized today by TANGEDCO at their office here in Chennai. The event was attended by the various stakeholders in the industry including some prominent project developers. More than 500 people turned up. The top officials
TN Solar Policy – Highlights of the Pre-Bid Meeting on 19 December 2012 Read More »
At the consultation meeting conducted yesterday (23/11/2012) regarding the roll-out of the Tamil Nadu State Policy , the TANGEDCO(Tamil Nadu Generation and Distribution Company) officials clarified the following points a. Payment Security will be ensured through a Letter of Credit(LOC) . Since many of the wind farm developers have not received their payments for several
Tamil Nadu Solar Policy – Bid documents to be released in December 2012 Read More »
