The Asian Infrastructure Investment Bank (AIIB) has approved the US$50 million debt financing package to support the development of a 300 MW solar photovoltaic project in India.
The 300 MW Thar Surya solar PV project is proposed by Enel Green Power SpA. It will be built in the state of Rajasthan in northwestern India. Solar Energy Corporation of India (SECI) has awarded the project to Enel Green Power in 2020 with a 25-year power purchase deal in place.
International Finance Corporation (IFC) is planning to extend an additional US$50 million financing for the project.
Country updates
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July 22, 2021
NTPC wins 325 MW of Shajapur Solar Park in Madhya Pradesh
NTPC Renewable Energy Ltd (NTPC REL) has won the bid to set up 450 megawatts (MW) of solar power projects at Shajapur solar park in Madhya Pradesh. India’s largest power generation utility quot...
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July 19, 2021
NTPC signs MoU with Union Territory of Ladakh for the first Hydrogen Mobility project
NTPC REL, a 100% subsidiary of NTPC, signed a MoU with Union Territory of Ladakh, to setup India’s first green Hydrogen Mobility project in the region. The MoU will enable NTPC to help Ladakh de...
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July 16, 2021
Wartsila to develop regasification system for new offshore LNG terminal in the Bay of Bengal
The technology group Wärtsilä will develop the regasification system for a new offshore LNG terminal to be built in the Bay of Bengal. The project is headed by Crown LNG, a Norwegian group s...
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July 16, 2021
NTPC Renewable Energy to build 4.75 GW solar complex in Gujarat
NTPC Renewable Energy ltd, a 100% subsidiary of NTPC, has received the go-ahead from the Ministry of New and Renewable Energy (MNRE) of India to set up a 4,750 MW renewable energy park at Rann of Kutc...
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July 12, 2021
NTPC launches tender for 1,000 MWh Grid-scale Battery Energy Storage System in India
NTPC Limited (A Government of India Enterprise) has launched a request for expression of interest (RFEOI) to develop up to 1000 MWh of Grid-scale Battery Energy Storage System at single/split acr...
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