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Daily Archives: July 19, 2015

India plans to award 15,000 MW of solar projects this year

According to reports, as part of the National Democratic Alliance (NDA) government’s green energy push, India will award contracts for the supply of 15,000 MW this year. According to the plan, Solar Energy Corp. of India (SECI) will shortly call for bids from developers for buying 2,000 MW, a government official said, requesting anonymity. The procurement will be done through a reverse bidding process, and it will provide a purchase guarantee, making such projects bankable and help solar power eventually ... Read More »

Agriculture Ministry to provide subsidy on solar pumps

According to reports, Agriculture Ministry today said it will provide financial assistance of up to Rs 57,600 on purchase of solar energy pumps used for irrigation by farmers. Solar energy-driven pumping set is a viable alternative for electrical and diesel pumping systems in farm irrigation. Therefore, it has been included in the list of farm equipment that get assistance under central scheme, the ministry said in a statement. Financial assistance for DC Pumps having capacity of up to 2 HP ... Read More »

Solar power tariff touches new low of Rs 5.05

According to reports, Mauritius-based SkyPower Southeast Asia Holdings has offered a tariff of Rs 5.051 a unit to the state government-owned MP Power Management Company, setting a new record low price in solar power generation. The offered price is without any subsidy and is lower than the Rs 5.50 tariff under viability gap funding, raising questions on the need to subsidise solar power. The offered price is without any subsidy component and is lower than even Rs 5.50 rate under ... Read More »

Mahagenco invites bids to appoint consultants for solar projects

According to reports, to meet the target of setting up 2,500 MW solar photovoltaic capacity under PPP model in the state, Maharashtra State Power Generation Company (Mahagenco) has invited bids for appointment of consultants for assisting it to prepare a road map for the implementation. The state aims to have an installed capacity of 7,500 MW of solar energy, 5,000 MW of wind energy and 1,000 MW of bagasse based co-generation. “As per the policy, Mahagenco has been asked to ... Read More »

Bihar lacks sufficient land for solar power plants: Minister

According to reports, Bihar energy minister Bijendra Prasad Yadav on Thursday said the state has a huge potential in solar energy, but the challenge is how to set up production units as the state is densely populated. Bihar also lacks sufficient land for the purpose, he said. The minister was speaking at a national conference on ‘Renewable energy road map for growing Bihar’ organized here under the auspices of the Centre for Environment and Energy Development (CEED). “Under the present ... Read More »

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