Business Standard

Page 3 - Solar Power

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh

Amara Raja Infra Pvt Ltd on Friday said it has secured a 700 MWp solar project from Greenko in Andhra Pradesh. With the latest win, the order book of Amara Raja Infra Private Limited (ARIPL) stands at Rs 1,516 crore at the end of FY24, the company said in a statement. "ARIPL has achieved a significant milestone in the renewable energy sector by securing a solar BoS project of 500 MW/700MWp from Greenko," it said. The project spans across an area of 2,200 acre site near Uyyalavada Town in Kurnool district of Andhra Pradesh. The work includes Engineering, Procurement and Construction (EPC) of the entire balance of system (BoS) for the 700 MWp (Megawatt peak) project, which is part of Greenko's Integrated Renewable Energy Project.

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh
Updated On : 19 Apr 2024 | 10:10 PM IST

China solar industry faces challenges, but rock-bottom prices to persist

Overcapacity in China's solar industry is emblematic of the challenges facing the world's second-biggest economy

China solar industry faces challenges, but rock-bottom prices to persist
Updated On : 03 Apr 2024 | 2:46 PM IST

Tata Power Renewable Energy commissions 200 MW solar project in Rajasthan

Tata Power Renewable Energy Ltd on Monday said it has commissioned a 200 MW solar project in Bikaner, Rajasthan. The project is expected to generate around 485 million units of green energy annually offsetting over 3,88,000 tonnes of carbon footprints, Tata Power Renewable Energy Ltd (TPREL) said in a statement. Subsidiary TP Saurya Ltd (TPSL) has commissioned a 200 MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Ltd (TPTCL). The project will be integrated into the Central Transmission Utility (CTU) Bus, ensuring efficient distribution of clean energy across the region, it said. The total renewables capacity of TPREL has reached 9,018 MW (PPA capacity is 7,632 MW), including 4,547 MW projects under various stages of implementation and operational capacity is 4,471 MW, which includes 3,444 MW solar and 1,027 MW wind. A subsidiary of Tata Power, TPREL is a developer of renewable energy projects, including solar, wind, hybrid, round-the-clock (RTC), peak

Tata Power Renewable Energy commissions 200 MW solar project in Rajasthan
Updated On : 01 Apr 2024 | 7:12 PM IST

Delhi govt notifies solar policy, will provide 400 units per month subsidy

The Arvind Kejriwal government has notified Delhi Solar Policy, 2023, that will help the consumers with monthly use of over 400 units to get zero bills through rooftop solar plants, a statement on Saturday said. Under the policy, the consumers who do not get subsidy for using more than 400 units per month can now install rooftop solar panels and get zero bills. The power bills of commercial users will be halved if they go for rooftop plants, said the statement of Delhi government. Currently, domestic consumers receive zero bills up to 200 units monthly consumption while monthly consumption 50 percent subsidy is given for 201-400 units. The Delhi Solar Policy, 2023, was announced by Chief Minister Arvind Kejriwal on January 29. The Delhi government will spend Rs 570 crores towards the implementation of the policy, it said. It provides for generation-based incentives' to solar panel installers, allowing for additional earnings of up to Rs 900 per month. Expenses incurred for ...

Delhi govt notifies solar policy, will provide 400 units per month subsidy
Updated On : 16 Mar 2024 | 5:11 PM IST

More than 10 mn households registered under rooftop solar scheme: PM Modi

Prime Minister Narendra Modi on Saturday said more than one crore households have already registered under the rooftop solar scheme 'PM-Surya Ghar: Muft Bijli Yojana', and lauded it as "outstanding news". "Registrations have been pouring in from all parts of the nation. Assam, Bihar, Gujarat, Maharashtra, Odisha, Tamil Nadu and Uttar Pradesh have seen over 5 lakh regulations," he said in a post on 'X'. The prime minister also asked those who have not yet registered to do so at the earliest, noting that the initiative promises substantial reductions in electricity expenses for households along with ensuring energy production. "It's poised to encourage Lifestyle for Environment (LiFE) on a grand scale, contributing to a better planet," he said. The Union Cabinet, chaired by the prime minister, last month approved the scheme with a total outlay of Rs 75,021 crore for installing rooftop solar panels and providing free electricity up to 300 units every month for one crore households.

More than 10 mn households registered under rooftop solar scheme: PM Modi
Updated On : 16 Mar 2024 | 9:59 AM IST

Open access solar capacity addition at record 3.2 GW during 2023: Report

India added a record 3.2 gigawatt of open access solar capacity during 2023, posting a 6.66 per cent rise supported by factors, including reduced module cost, according to a report. In its latest report, US-based research firm Mercom Capital said the open access solar capacity addition was 3 gigawatt (GW) during 2022. Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply green energy to consumers. It is the record high open access solar capacity addition in a calendar year. The cumulative installed solar capacity in the open access segment stood at 12.2 GW as of December 2023, the 'Mercom India Solar Open Access Market Report' said. Open access solar is one of the bright spots in the country's solar market, attracting commercial enterprises and industrial units to shift towards solar and other clean energy sources, Raj Prabhu, CEO of Mercom Capital Group, said. "The potential cost savings for businesses are hard to igno

Open access solar capacity addition at record 3.2 GW during 2023: Report
Updated On : 09 Mar 2024 | 3:18 PM IST

SJVN receives 1,352 MW solar energy projects worth Rs 7,436 crore

State-owned power producer SJVN arm SJVN Green Energy has secured 1,352 MW solar power projects, entailing an investment of Rs 7,436 crore. "SJVN has received Letter of Awards (LoA) for 1,352 MW Solar Power Projects to be developed through SJVN Green Energy Ltd (SGEL), a wholly-owned subsidiary of SJVN," a company statement said. According to the statement, these LoAs have been received in the presence of Maharashtra Deputy Chief Minister Devendra Fadnavis, SJVN Director (Finance) Akhileshwar Singh and SGEL CEO Ajay Singh in Mumbai. SJVN Chairman and Managing Director Geeta Kapur informed that these projects of 1,352 MW will be developed at various locations in Maharashtra -- Nashik, Solapur, Ahmednagar and Pune under Mukhya Mantri Saur Krushi Vahini Yojana 2.0. The projects have been bagged by SGEL through a competitive bidding process in a tender floated by MSEB Agro Power Limited, Maharashtra. The total capacity of the tender was 7,000 MW and SGEL participated for 1,500 MW -- 5

SJVN receives 1,352 MW solar energy projects worth Rs 7,436 crore
Updated On : 07 Mar 2024 | 7:58 PM IST

Uttar Pradesh govt to rake in Rs 80K crore through solar energy push

The Yogi Adityanath government is planning installations of rooftop solar plants and solar parks to achieve this target

Uttar Pradesh govt to rake in Rs 80K crore through solar energy push
Updated On : 07 Mar 2024 | 12:45 AM IST

Adani Green operationlises additional 448 MW solar projects at Khavda

Adani Green Energy subsidiary Adani Green Energy Twenty Four B has operationalised an additional 448.95 MW solar power projects at Khavda in Gujarat. Together with earlier intimation dated February 14, 2024, an aggregate of 1,000 MW of solar power projects are operationalised at Khavda, Gujarat, a regulatory filing stated. According to the filing, Adani Green Energy Twenty Four A Ltd and Adani Green Energy Twenty Four B Ltd, wholly-owned step-down subsidiaries of Adani Green Energy Ltd (AGEL) have operationalised an incremental 448.95 MW of solar power projects at Khavda. With the operationalisation of these plants, AGEL's total operational renewable generation capacity has increased to 9,478 MW in its journey of 45 GW capacity by 2030. Based on the relevant clearances, it was decided at 11.49 pm on March 4, 2024, to operationalise the plants and commence the sale of power generated from March 5, 2024, the filing said. On February 14, 2024, the company informed that its arms A

Adani Green operationlises additional 448 MW solar projects at Khavda
Updated On : 05 Mar 2024 | 4:46 PM IST

Rays Power Infra bags 3 solar projects totalling 520 MW from PSUs

Renewable energy solutions provider Rays Power Infra on Monday said it has secured three solar projects totalling 520MWp capacity from two big central public sector firms and one from a global developer. The combined order value for these projects underlines the company's commitment to advancing sustainable energy solutions, a company statement said. According to the statement, Rays Power Infra Ltd announces the acquisition of three orders in its solar EPC (Engineering Procurement Construction) business totalling 520 MWp, two from a renowned CPSU (Central Public Sector Undertaking) and another from a global renewable energy developer. These orders marked the company's entry into the Gujarat and Assam markets. This also positions the company as one of the key EPC players in 14 States in India, it stated. The company has submitted multiple bids for solar EPC projects in India, Mauritius, Liberia, Bangladesh, and Sierra Leone, with a cumulative value exceeding Rs 3,400 crore, and ...

Rays Power Infra bags 3 solar projects totalling 520 MW from PSUs
Updated On : 04 Mar 2024 | 4:16 PM IST

The evenings are hard

Mounting stress upon India's grid engineers

The evenings are hard
Updated On : 03 Mar 2024 | 9:41 PM IST

Cabinet approves Rs 75,021 crore rooftop solar scheme for 10 mn households

The Cabinet approved the PM-Surya Ghar Muft Bijli Yojana on Thursday, aiming to install rooftop solar panels in one crore households at a total cost of Rs. 75,021 crore

Cabinet approves Rs 75,021 crore rooftop solar scheme for 10 mn households
Updated On : 01 Mar 2024 | 10:23 AM IST

SJVN commissions 100 MW Raghanesda solar power project in Gujarat

State-owned SJVN on Tuesday announced the commissioning of 100 MW Raghanesda solar power project located at Banaskantha district in Gujarat. The project, bagged at a tariff of Rs 2.64 per unit, has been commissioned through its subsidiary SJVN Green Energy Ltd (SGEL), SJVN said in a regulatory filing. The "Power Purchase Agreement (PPA) has been signed with Gujarat Urja Vikas Nigam Limited (GUVNL) for 25 years. The cost of construction/development of this project is Rs 642 crore. The project will generate 252.3 million units (MUs) in the first year," it said. The project is expected to generate 5,805 MU of solar power over a period of 25 years.

SJVN commissions 100 MW Raghanesda solar power project in Gujarat
Updated On : 27 Feb 2024 | 7:57 PM IST

Rooftop solar power systems: Shinning a light on better tomorrow

With an outlay of Rs 75,000 cr, it's aimed at installing rooftop solar panels in 10 million households

Rooftop solar power systems: Shinning a light on better tomorrow
Updated On : 25 Feb 2024 | 6:13 PM IST

Private capital yet to embrace energy transition, says CEA Nageswaran

While urging multilateral development banks to act on the recommendations of the independent expert group under India's Group of Twenty (G20) presidency to mobilise private capital, the CEA added

Private capital yet to embrace energy transition, says CEA Nageswaran
Updated On : 22 Feb 2024 | 11:11 PM IST

Adani Green starts generating power at Khavda renewable power plant

Adani Green said once the Khavda plant is fully operational, it will be able to generate 81 billion units of clean electricity

Adani Green starts generating power at Khavda renewable power plant
Updated On : 14 Feb 2024 | 12:21 PM IST

Govt plans $9 billion rooftop solar push amid looming Lok Sabha elections

Sluggish deployment of rooftop systems has cast doubt on India's target of almost quadrupling solar power generation capacity from 73 gigawatts by the end of the decade

Govt plans $9 billion rooftop solar push amid looming Lok Sabha elections
Updated On : 13 Feb 2024 | 9:11 PM IST

SWRE places orders with Nextracker for solar trackers for Gujarat projects

SWRE is implementing solar projects at NTPC Renewable Energy Ltd's (NTPCREL) solar park in Khavda, Rann of Kutch, a company statement said

SWRE places orders with Nextracker for solar trackers for Gujarat projects
Updated On : 12 Feb 2024 | 8:42 PM IST

US solar boom opens $2 billion Indian door to banned products from China

Imports of Waaree panels raise questions about how US Customs and Border Protection officials are enforcing a ban on products tied to the repression of Uyghur people in China's Xinjiang region

US solar boom opens $2 billion Indian door to banned products from China
Updated On : 05 Feb 2024 | 10:20 PM IST

NTPC Green Energy gets Dipam nod to get listed for raising Rs 10,000 crore

State-owned power giant NTPC has received approval from the Department of Investment and Public Asset Management to list its green energy arm NTPC Green Energy Ltd (NGEL) to raise up to Rs 10,000 crore, according to a source. NGEL is expected to go public to raise up to Rs 10,000 crore anytime after March, the source told PTI. The NTPC's proposal for NGEL listing was approved by the Department of Investment and Public Asset Management (DIPAM), as per the source. The company is planning to utilise the funds towards energy transition and setting up green energy projects, including solar and green hydrogen. In December 2023, NTPC CMD Gurdeep Singh told PTI that his company is looking towards listing its green energy vertical in the next 1-2 years, as it anticipates higher demand for power going forward. The company has a target to add 60GW of renewable energy capacity by 2030, which it expects to achieve even earlier. NGEL is a wholly-owned subsidiary of NTPC with an operational cap

NTPC Green Energy gets Dipam nod to get listed for raising Rs 10,000 crore
Updated On : 31 Jan 2024 | 3:31 PM IST