Rajasthan Regulator Approves Solar Project Tariffs Under KUSUM Scheme

20 Sep 2024 CW Team

The Rajasthan Electricity Regulation Commission (RERC) has given its approval for the final levelized tariff for Jaipur Vidyut Vitran Nigam’s (JVVNL) solar projects and six solar projects of Jodhpur Vidyut Vitran Nigam (JdVVNL) under Component-C (Feeder Level Solarisation) of the PM Kusum Program.

This decision came in response to petitions submitted by both distribution companies (DISCOMs), covering 75 solar projects by JVVNL with a combined capacity of 208.91 MW and six projects by JdVVNL with a capacity of 13.12 MW.

The Commission approved tariffs for JVVNL’s solar projects ranging from Rs 2.898 to Rs 3.309 per kWh and Rs 2.900 to Rs 3.31per kWh for two tenders. Additionally, tariffs for the six JdVVNL projects were approved in the range of Rs 3.032 to Rs 3.421 per kWh.

JVVNL submitted a petition detailing 86 solar power projects with a total capacity of 231.52 MW, planned to be installed near 68 units of 33/11 kV substations, which cater to 22,923 agricultural consumers.

These projects were issued under two tenders (Tenders 11 and 12), consisting of 49 solar projects (129.45 MW) and 37 solar projects (102.07 MW), respectively. In response, JVVNL received bids for 76 projects, with a combined capacity of 212.70 MW.

The bids for Tender 11 (115.80 MW) offered tariffs ranging from Rs 2.898 to Rs 3.90 per kWh, while the bids for Tender 12 (96.90 MW) ranged from Rs 2.90 to Rs 3.95 per kWh.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..