India’s first power-centric infrastructure investment trust (InvIT), IndiGrid, has acquired its first solar asset. So far, its portfolio was fully circumscribed by power transmission assets. In a release, IndiGrid said that it has completed acquisition of 100 per cent Read more
"From a growth perspective, the company has a clear plan with focus on renewables and distribution businesses. Within the renewables segment, the company continues to build both the renewables’ utilities and consumer renewables businesses. As a utility-scale generator of Read more
SJVN Ltd (formerly Satluj Jal Vidyut Nigam Ltd) has won a 75-mw grid-connected solar power project in Uttar Pradesh, quoting a tariff of Rs.2.68 per kwh. In a release, the Shimla-headquartered Central PSU said that the letter of intent Read more
TP Saurya Ltd, a wholly-owned subsidiary of Tata Power, has won the entire 250 mw of solar capacity put to auction by state utility Maharashtra State Power Generation Company Ltd (Mahagenco). TP Saurya quoted Rs.2.51 per kwh, 11.3 per Read more
Coal India Ltd has formalized its entry in the solar power sector by signing its very first power purchase agreement, recently. CIL, it is reported, has signed a PPA with Gujarat Urja Vikas Nigam Ltd (GUVNL) for supplying 100 Read more
A wholly-owned subsidiary of Adani Green Energy Ltd has won a 150-mw solar project in Gujarat, under the tariff-based competitive bidding process. In a stock exchange notification, Adani Green Energy Ltd said that Adani Renewable Energy Read more
Coal India Ltd (CIL) has incorporated two new subsidiaries for its proposed foray in the renewable energy business. In a stock exchange communication, Coal India Ltd said that it has freshly incorporated two new wholly-owned subsidiaries that will mark Read more
The renewable arm of Larsen & Toubro’s Power Transmission & Distribution business has landed an EPC mandate to build a mega solar power plant in Saudi Arabia. In a stock exchange filing, L&T said that the Read more
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of New & Renewable Energy's proposal for implementing a production linked incentive (PLI) scheme for high-efficiency solar photovoltaic modules. Called “National Programme on High Efficiency Solar Photovoltaic Read more
Tata Power has received a Letter of Award from Gujarat Urja Vikas Nigam Ltd (GUVNL) on to develop a 60-mw solar project in Gujarat. This project has taken Tata Power's solar power capacity under development in Gujarat to 580 Read more