Only half of India’s tendered 53 gigawatt (GW) solar power contracts are under construction, according to a JM Financial Institutional Securities Ltd report. The report said, “We find only 50%Continue Reading
Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in MadhyaContinue Reading
The Competition Commission of India (CCI) on Wednesday approved acquisition of entire shareholding in SB Energy by Adani Green Energy Limited. The transaction marks the largest acquisition in the renewableContinue Reading
India’s largest gas utility, GAIL India, has announced plans to participate in renewable energy auctions, marking its first foray towards competitive auctions. GAIL will bid for 400 megawatts of solarContinue Reading
Industrialist Sajjan Jindal-led JSW Energy plans to add 2,600 MW renewable power generation capacity to its portfolio by 2023. With this, the share of its renewable power will increase toContinue Reading
Delays in signing of power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardizing the government’s renewable energy target of 175 gigawatts (GW)Continue Reading
The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modulesContinue Reading
Many renewable energy projects are staring at an uncertain future as the Solar Energy Corporation of India (SECI) has not been able to find buyers for the electricity generated byContinue Reading
