Fortum and Tata Power have won the solar power tender held by the Karnataka Renewable Energy Development Ltd (KREDL) with 250 MW each capacity. The projects will be located at Pavagada solar park and are planned to be commissioned for the third quarter of 2019.
The output of the facilities will be sold at INR 2.85 per kWh.
Country updates
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July 23, 2018
Engie appoints Rothschild for the equity sale of its Indian solar portfolio
Engie has appointed Rothschild as financial adviser for a partial equity sale in its Indian solar business. Rothschild has confirmed the appointment in the search of a potential partner for...
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July 18, 2018
The project has been commissioned
The project has been commissioned. It was completed in line with the power purchase agreement (PPA) time schedule
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July 16, 2018
GE to power 300 MW wind project in Gujarat
KP Energy has awarded a contract to General Electric Co to supply wind turbines for the 300 MW wind project located in the Kutch district of Gujarat, India. GE will supply wind turbines with...
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July 11, 2018
Azure won the 160 MW solar park in a tender
In a solar auction, Azure Power has won the 160 MW solar facility with a state bid of INR 3.55 (USD 0.052) per kWh. Under a term of 25 years, a power purchase agreement (PPA) will be signed with Uttar...
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July 10, 2018
5.5 GW tendered and 2.75 GW renewable capacity awarded in India
The Solar Energy Corporation of India (SECI) has published two Requests for Selections (RfS) for the development of 5.5 GW capacity on build-own-operate bases. One RfS seeks to award 3 GW solar photov...
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