The Centre has offered a viability gap support of ₹70 lakh per MegaWatt (MW) for solar projects that will be built using domestically sourced cells and modules. This support will be implemented through the Central Public Sector Undertaking (CPSU) Scheme Phase-ll.
Solar projects with 3,200 mw capacity will be set up in Maharashtra in the next two years, power minister Chandrashekhar Bawankule said Wednesday.
The power ministry has compressed timelines for executing solar power projects by six months to 15 months for those in solar parks and to 18 months for the plants elsewhere, to expedite capacity installations of the clean energy source in the country.
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the second quarter ending September 30, 2018. Total revenue in the second quarter of FY19 stood at ₹2,225.7 million
More than 3 GW of solar projects were tendered in the month of October, which is more than double compared to September, according to Mercom’s India Solar Tender Tracker. This is the highest capacity tendered in the last three months.
According to the latest notification issued by the Ministry of New and Renewable Energy (MNRE), any delay in the scheduled commissioning date of solar projects due to unavailability of internal execution or transmission system by solar park developers will now be liable to a penalty. According to the memorandum, if the delay in the scheduled […]
Solar projects aggregating 750 MW under development in Rajasthan’s Bhadla Solar Park are facing delays due to land procurement issues. According to Mercom’s India Solar PV Project Tracker, the entire 750 MW capacity
The National Hydroelectric Power Corporation (NHPC Limited), a government-run entity, has received the go-ahead signal from State Investment Promotion Board (SIPB) for 260 MW of grid-connected solar photovoltaic (PV) projects to be developed in Bihar.
The Tamil Nadu Energy Development Agency (TEDA) is seeking expressions of interest (EoIs) from companies and consortia willing to take part in a 500-MW solar project in the state.
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.