ReNew Power Private Limited (ReNew Power) has formed a joint venture partnership with South Korea-based GS E&C for the execution of its 300 MW solar power plant in Rajasthan. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year.
ReNew Power will hold a majority 51% equity under the partnership, while the balance will be held by GS E&C.
Country updates
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December 17, 2019
Sterlite Power concludes acquisition of Green Energy Transmission Corridor Project
Sterlite Power has completed the acquisition of the inter-state GEC transmission project, Lakadia Vadodara Transmission Project Limited (LVTPL), from PFC Consulting Limited. The company had won this p...
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December 16, 2019
RattanIndia Power closes sale of 225 MW solar portfolio to Vector Green Energy
RattanIndia Power Ltd, formerly known as India Bulls Power, has completed the sale of a 225 MW solar portfolio to Vector Green Energy Pvt Ltd. The solar photovoltaic portfolio in India con...
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December 12, 2019
SECI launches tender for 2.4 GW of wind, solar projects
The Solar Electricity Corporation of India (SECI) has launched two tenders inviting interested developers for 1.2 GW of solar photovoltaic (PV) and 1,3 GW of wind-solar projects. The projects w...
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December 10, 2019
Sembcorp buys 5.95% stake to wholly-own Sembcorp Energy India Limited
Sembcorp Industries (Sembcorp), through its wholly-owned subsidiary Sembcorp Utilities, has entered into a non-binding term sheet with its local Indian partner, Gayatri Energy Ventures Pte Ltd (GEVPL)...
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November 29, 2019
Tata Power Solar awarded a 105 MW floating solar projectin Kerala
In November 2019, Tata Power Solar had received a Letter Of Award from NTPC to develop a 105 MW floating solar project in Kayamkulam, Kerala. The project which is required to be commissioned not later...
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