SECI Secures Rs 10 Billion Term Loan for 300 MW Solar Project

CERC approves tariff for SECI's 600 MW wind projects

The Central Electricity Regulatory Commission (CERC) announced its approval for the tariff of Rs 2.90)/kWh (100 MW) and Rs 2.95)/kWh (500 MW), with a trading margin of Rs 0.07/kWh, for Solar Energy Corporation of India's (SECI) 600 MW wind power projects (Tranche-XIII).

It was stated that the projects would be linked to the interstate transmission system (ISTS), and developers for the projects had been chosen through a competitive bidding process.

Background information revealed that SECI had submitted a petition seeking to adopt a tariff for the wind projects. Respondents..

SECI Invites Bids for Consultancy Tender

The Solar Energy Corporation of India (SECI) has announced a new tender, inviting bids for consultancy services aimed at conducting site studies. This initiative underscores SECI's commitment to fostering renewable energy projects across India. As the country continues its transition towards sustainable energy sources, such initiatives play a pivotal role in streamlining project development processes.

The consultancy tender issued by SECI aims to assess potential sites for renewable energy projects, providing critical insights into their feasibility and viability. Through comprehensiv..

SECI Invites Bids for 1200 MW Solar Projects

The Solar Energy Corporation of India (SECI) has announced its latest initiative to propel India's renewable energy journey forward. Inviting bids for 1200 megawatts (MW) of Interstate Transmission System (ISTS)-connected solar projects, SECI aims to significantly bolster the nation's solar power capacity. These projects are integrated with a substantial 600 megawatt-hours (MWh) of Energy Storage Systems (ESS), marking a strategic move towards enhancing grid stability and resilience.

With India's commitment to ramp up clean energy generation, SECI's call for bids signals a major opport..

Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..

India's Peak Power Demand to Surge

India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.

The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..