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Daily Archives: April 25, 2017

See fierce competition for new solar tenders in Indian market: Bridge to India

According to reports, first round of bids were submitted for Solar Energy Corporation of India’s (SECI’s) 750 MW tender in Bhadla Solar Park, Rajasthan last week. A total of 33 developers are believed to have submitted bids for an aggregate capacity of 8,750 MW – an oversubscription of almost 12 times. Coming in the wake of intensely competitive bidding in Rewa and Kadappa tenders, the signs are that competition for new projects is getting fiercer, particularly as the supply of ... Read More »

India’s solar power capacity addition to remain strong at 7,500 Mw in current fiscal: ICRA

According to reports,  India’s solar power capacity addition would remain strong in a range between 7,000 Megawatt (Mw) and 7,500 Mw on the back of a huge portfolio of projects awarded recently, research and ratings agency ICRA has said. “While currently there is a temporary lull in the announcement of fresh bids, the magnitude of solar project awards in the past 12-18 months has been quite significant. The backlog against these awards itself would support a solar capacity addition of ... Read More »

India’s wind power capacity crosses 32 GW mark, says IWTMA

According to reports, Industry body Indian Wind Turbine Manufacturers Association (IWTMA) on Tuesday said the wind power generation capacity in the country has crossed 32 GW mark. However, according to the Central Electricity Authority’s (CEA) monthly report for March 2017, the installed wind power generation capacity is around 28.7 GW, lower than the ITWMA estimates.  India’s installed wind power generation capacity has crossed 32 GW so far and there should be at least 6 GW of capacity addition every year ... Read More »

The unintended consequences of low solar tariffs

According to reports, India’s race to the bottom for solar power prices has resulted in some unintended consequences. These range from some electricity distribution companies (discoms) wavering on signing power purchase agreements for projects awarded at higher tariffs to postponement of some tenders, according to consulting firm Bridge to India. The latest milestone was the new record low tariff of Rs3.15 per kilowatt hour (kWh) quoted by France’s Solairedirect SA at the auction of a project in Andhra Pradesh on ... Read More »

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