No response from discoms, SECI tells Azure Power

28 Dec 2020 Editorial Team

NYSE-listed renewable energy firm, Azure Power recently said the Solar Energy Corporation of India (SECI) has informed them that there has been no response from state discoms for the offtake of power generated from projects which have been awarded under the 4 GW manufacturing-linked tender.

However, Azure Power continues to work towards signing power purchase agreements (PPAs) for the tender, for which a Letter of Award has already been provided to them.

SECI deemed that Azure Power will not be able to sign PPAs until power supply agreements (PSAs) have been signed.

Azure will continue discussions with SECI for signing PPAs regarding the 4 GW tender, and the company expects PPAs to be signed in tranches over a period of time. The company stated that it would further continue to take contracts that create shareholder value and earn returns that are above their capital cost.

Image Source

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..