Azure Power has received the letter of award (LOA) for the 120 MW ISTS onshore wind project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 (US$3.6 cents) per kWh. It is the first wind project for the company.
The 10 MW wind project is part of the 1,200 MW ISTS Tranche – XI tender from SECI. The farm will be located in Karnataka, India. The construction works will take 18 months from the signing of the Power Purchase Agreement (PPA).
Country updates
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October 27, 2021
Sembcorp Industries wins a contract to develop the 180 MW wind project in Karnataka
Sembcorp Industries has been awarded a 180MW onshore wind power project in India, in the 11th nationwide wind power auction organized by the Solar Energy Corporation of India (SECI). Its wholly-owned...
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October 15, 2021
Reliance enters deal to acquire 40% stake in Sterling and Wilson
Indian conglomerate Reliance Industries Ltd, through Reliance New Energy Solar Ltd, has entered into a definitive deal to acquire a 40% stake in Sterling and Wilson Solar Ltd. Sterlin...
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October 13, 2021
Senvion India wins 591 MW turbine deal
Senvion has been awarded a 591 MW project to deliver wind turbines for JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of 2.5 GW of renewable projects which are un...
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October 11, 2021
AGEL finalizes acquisition of SB Energy India
Adani Green Energy Ltd (AGEL) has completed the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021. The transaction...
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October 08, 2021
Adani Green Energy to acquire 40 MW operational solar asset in Odisha
Adani Renewable Energy Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in...
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