The extension by five years for complying with the Mega Power Policy 2009 norms will reduce contingent liabilities and free up banking limits to 25 mega power projects, thus granting them a fresh lease of life, says a report
The 750 MW Rewa solar project in Madhya Pradesh, which boasts of a three-tier payment security mechanism and optimal power scheduling arrangement, is expected to achieve commercial closure soon
The more than a decade old group captive model is attracting attention as power producers in the country continue to struggle with idle capacities, lack of long-term power purchase agreements (PPA)
Earlier this month, Solar Energy Corporation of India (SECI) received bids for India’s first wind power tender. According to Bridge to India.
MD Ashvini Kumar said SECI is committed to finalise 5,500 MW of solar energy in next few years for which PPAs to produce 3,200 MW are already in place.
Solar Energy Corporation of India (SECI) said on Monday that it will shortly float tenders for putting up 2300 mw of solar power projects. Alongside, SECI said it has also signed Power Purchase Agreements (PPAs) with various stakeholders for 3,200 MW of solar power.
The Ministry of Coal has issued a show-cause notice to Reliance Power asking why it should not invoke the bank guarantee
Renewable energy business is a high-growth area in India, though falling asset prices and competitive bidding for new power
India to share its energy efficiency success stories with the US. Pricing of LED bulbs in India has been a game change with prices falling by over 83 per cent in one year.” EESL has already completed distribution of 5 crore LED bulbs under its Domestic Efficient Lighting Program.