Amid fears of a proposed safeguard duty on imported solar cells thwarting India’s solar mission, the government wants to ensure that the duty is prospective in nature, and does not impact ongoing solar projects, a top official in the renewable energy ministry said.
Taaleri Plc has evinced interest in acquiring a stake in Finland’s state-controlled power utility Fortum Oyj’s operational Indian solar power projects, said two people aware of the development.
Canadian solar energy developer SkyPower is in separate talks with Hyderabad-based Greenko Group and Sumant Sinha-led ReNew Power Ventures to sell stake in its Indian projects, said two people aware of the development.
Greenko Group is in talks with bankers to raise Rs3,000 crore through selling bonds in domestic market as it looks to refinance debt of solar power projects, according to three people familiar with the development.
SPML Infra Ltd on Monday said it has bagged new orders worth Rs 800 crore for various projects including developing power substations.
NTPC shall be setting up Solar Power projects of 50 MW capacity with Battery Energy Storage System at different locations in Port Blair in Andaman & Nicobar Islands as part of its Green Commitment.
India’s largest power company, NTPC Ltd has signed an memmorandum of understanding with the Union Territory Andaman and Nicobar to set up 50 MW Solar Power Projects with Battery Energy Storage System at Port Blair.
Government has issued tenders worth 20,766 MW of solar projects so far, out of which power purchase agreements have been signed for 8,482 MW.
The scheme for “Development of Solar Parks and Ultra Mega Solar Power Projects” has been rolled out by Ministry