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1.SECI scouts developers for ISTS-connected renewable projects

SECI is seeking to find developers by inviting proposals for the development of inter-state transmission system (ISTS) connected renewable projects of 200 MW, which will be built on the Build-Own-Operate model.

2.MNRE directs the release of PBGs within 45 days after project completion

Reportedly, the Ministry of New and Renewable Energy (MNRE) has instructed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantees (PBGs) for all the commissioned wind and solar power projects. The PBGs can be released in the span of 45 days from the commercial operation date (COD), on the condition that all required submission of necessary documents is fulfilled.

3.1.2 GW renewable energy storage tender issued, encourages solar energy mission

In a bid to boost Prime Minister Narendra Modi’s enterprising goal of achieving up to 175 GW of energy – relying solely on renewable sources – the government has yet again floated a renewable energy storage tender. A major chunk of the goal, amounting to 100 GW is dedicated to solar power.

4.SECI to develop 500 MW solar projects

The Solar Energy Corporation of India (SECI) is expected to establish 500 MW (Phase-I) of grid-connected solar PV projects in Tamil Nadu on a build-own-operate basis.

5.NHPC issues EPC contract to construct 40 MW solar project in Odisha

The project is expected to be completed in the span of nine months from the date of issue of letter of award of the contract

6.Centre to offer Rs.160 bn transmission projects

With an estimated cost of Rs 160 bn, the Centre is expected to offer nearly 20 power transmission projects. The current tranche of projects covers the power-surplus western region, and most of these would provide connection to renewable zones

7.Indian Railways to invest Rs 180 bn on solar power units along tracks

The Indian Railways is reportedly in plans to come up with solar power tenders of 4 GW in order to cut down on its power purchase costs and utilise the vast stretches of linear land along the tracks with greater efficiency.

8.Solar tenders decline in November

Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 per cent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 per cent to just 5 MW.

9.Solar energy installed capacity touches 13,652 MW

The cumulative solar energy capacity installed, as on July 31, 2017, stands at is 13,652 MW, while the same at the end of 2014-15 stood at 3743.97 MW, according to Piyush Goyal, Minister of State for Power, Coal & New and Renewable Energy and Mines.

10.Inox Wind wins 50 MW in Maharashtra auction

Wind energy solution provider Inox Wind has reportedly won 50 MW in the Maharashtra state auctions concluded recently, at a tariff of Rs 2.86 per unit. The bid was won at a fixed price of Rs 2.86 per unit for a period of 25 years. This win is on back of the 300 MW order win from SECI-1 auctions, 300 MW in SECI-2 auctions and 200 MW from SECI-3 auctions.

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