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Haryana targets 5000 MW solar power, forms company

According to reports, a special purpose vehicle (SPV) company has been proposed to supply dedicated solar power to industrial areas in Gurgaon. The SPV, to be floated jointly by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Dakshin Haryana Bijli Vitran Nigam (DHBVN), is estimated to generate 5,000MW of solar power for industries by 2022. “We have received several complaints regarding inadequate power supply in many industrial estates. In order to tackle the issue we are planning to ... Read More »

NHPC to Set Up Solar Power Project in Tamil Nadu

According to reports, State-run NHPC Ltd will set up a 50 MW solar power plant at an investment of over Rs 300 crore near Madurai in Tamil Nadu and expects it to get completed by March next year. “Board of Directors of the company at its meeting held on October 12, 2015 has approved the award of EPC contract for 50 MW Solar power project in the state of Tamil Nadu,” NHPC informed the BSE. “The electricity produced from this ... Read More »

Hartek Power bags substation order for 113-Mw solar projects

According to reports, Chandigarh based Hartek Power Pvt Ltd, has bagged an order from Azure Power for providing electrification, automation and substation solutions for solar power projects of 113 Mw. These projects, spread across five states, including Punjab, Rajasthan, Andhra Pradesh, Bihar and Karnataka, will be executed at a cost of about Rs 35 crore. Hartek Power will provide a turnkey solution post-inverter covering the design, supply, installation and commissioning of the power plant electrification and automation systems as well ... Read More »

India plans to provide solar power at new low of Rs 4.75 per unit to states

According to reports, India’s strategy of a foreign currency-denominated tariff plan for solar energy is aimed at providing solar power at a new low of Rs.4.75 per unit to the states. This would work like this. Firms such as state-owned NTPC Ltd will call for bids from solar project developers for buying 15,000 megawatts (MW) on behalf of the ministry of new and renewable energy (MNRE) that will then be sold to the states. NTPC will run a reverse bidding ... Read More »

PTC India signs MoU with Solar Energy Corporation to buy 3000 MW of solar power

According to reports, PTC India Ltd has signed a memorandum of understanding with Solar Energy Corporation of India for the sale and purchase of power generated from 3,000 MW of solar projects. The power from these projects will be sold onward on a long term basis for 25 years from the commercial operation date of each project to the state electricity distribution utilities. “Under the said arrangement, SECI will facilitate development of 3,000 MW of solar projects at various locations ... Read More »

Heating up the competitive market: Vedanta gears up for solar foray

According to reports, billionaire Anil Agarwal’s Vedanta Group plans to enter solar power generation business in India by bidding for upcoming government projects, joining a growing club of big businesses foraying into clean energy space. The metals to mining multinational plans to create 500 megawatt capacity portfolio of solar power, people familiar with Vedanta’s plans told ET. Agarwal’s nephew Pratik Agarwal, director for infrastructure business at the London-listed Vedanta Resources, is working on the go-to-market strategy for solar for the ... Read More »

Punjab’s largest solar power plant commissioned at Bathinda

According to reports, the largest solar power project in Punjab was commissioned at Jaga Ram Teerath village in Talwandi Sabo in Bathinda district by Union Food Processing Minister Harsimrat Kaur Badal. After inaugurating the 32 MW plant in the presence of Renewable Energy Minister Bikram Singh Majithia, Harsimrat said Punjab was the first state in the country to work out a diversification scheme which had turned farmers into green energy entrepreneurs. She said Punjab would target development at least 15 ... Read More »

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