IFC Lends $36 Million to Mahindra Renewables for a 250 MW Solar Project in Rajasthan
The International Finance Corporation (IFC) has committed to its plans to lend $36 million for a Solar project of 250 MW by Mahindra Renewables in Rajasthan. This project is going to be developed in Jodhpur, it is a part of the SECI 2 GW interstate transmission system (ISTS) connected solar project that was auctioned in 2018. The auction was won by Mahindra Susten, ACME Solar, Hero Solar, Shapoorji Pallonji, Mahoba Solar (Adani), and Azure Power. In this Mahindra Susten had won the bid for developing 250 MW quoting ₹2.53 (~$0.0368)/kWh. The total capacity was split into eight projects of 250 MW each.
IRCON Invites EoI from Specialist Construction Contractors for Upcoming Solar Projects
IRCON International Limited (formerly Indian Railways Construction Company Limited) a specialized construction organization under the Ministry of Railways covering the entire spectrum of construction activities and services in the infrastructure sector invites Expression of Interest (EoI) from bidders for its upcoming solar power projects. The contractors will be selected based on their experience in effluent treatment plants, chilled water distribution systems, and solar-based grid-connected power projects. The firm should have the experience of carrying out work headed by the state and central authorities in India or similar authorities abroad. The work would entail the empanelment of contractors for the Seabird Project of Indian Navy at Karwar, Karnataka along with other future projects. The validity of empanelment will initially be for one year and may be extended further based on the performance of the applicant.
Uttar Pradesh Approves A Tariff Of ₹4.78/kWh To Procure Bagasse-Based Power
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the amended power purchase agreement (PPA) for bagasse-based power signed between DSCL Sugar, Hariawan, and the Uttar Pradesh Power Corporation Limited (UPPCL). The commission has also approved the tariff of ₹4.78 (~$0.067)/kWh in line with the amended PPA.
Tata, Waaree, Inkel Win Bids For Kerala’s 46.5 MW Rooftop Solar Auction
The KSEBL (Kerala State Electricity Board Limited) has given the tender of its 46.5 MG Rooftop Solar Auction to Tata Power, Waaree Group, and Inkel. As per the sources, Tata power has won a total capacity of 35 MW, in all categories which includes projects less than 10 kW, 11-100 kW, or more than 100 kW. Waaree Group, has won a total capacity of 6.5 MW, and Inkel which is a Kochi-based developer has bagged a capacity of 5 MW. It was mentioned by the source that out of the five bidders only three were selected for this project as the other two didn’t match the financial and experience criteria according to the tender document.
TMEIC and Sungrow Evolve as Leading Solar Inverter Suppliers in India in 1H 2019
In the first half of 2019 (1H 2019), TMEIC has evolved as the leading supplier of solar inverters in the Indian market with a 20% (approximately) market share, while on the other hand Sungrow has been enlisted second in this list with a 16% market share, followed by ABB with a 15% market share, according to Mercom’s India Solar Market Leaderboard 1H 2019 report. Huawei and TBEA Energy have occupied in the top five spots in this industry. The top three suppliers accounted for nearly 3 GW of solar inverter shipments to the Indian market. Altogether these top five companies have accumulated for nearly 73% of the total market share.
ONGC Floats A Tender For 5 MW Solar Project At Its Hazira Site
Oil and Natural Gas Corporation Limited, a government body of oil and gas has issued a tender of 5 MW inline with seven years of operation and maintenance at its premises in Gujarat. The submission of bids is till February 11, 2020 while a pre-bid conference will be held on 20 January, 2020. The projects are to be installed on a lump sum turnkey basis. This tender has a contract period of 12 months. Moreover, the scope of work involves pre-engineering surveys, project management, detailed design and engineering, procurement, supply, dismantling, storage, hydrotesting and modification of existing facilities.
Assam To Accept Bids For 30MW Of Solar Projects Under CPSU Program
The Assam Power Distribution Company Limited (APDCL) has issued a tender to develop 30 MW of grid-connected solar PV power projects.This capacity has been tendered under the CPSU Phase II program.The projects of 10 MW each will be set up in lower Assam Zone, Central Assam zone, and in the region of Cachar, Karimganj and Hailakandi. The tariff price has been set at Rs.3.13/kWh and the submission date of the bid is January 27, 2020, a pre-bidding meeting will be taking place on January 17, 2020. The scope of work includes the design, construction, and supply of solar power generating systems with domestic content requirement (DCR).
Jharkhand Floats A Tender For 10 MW Of Residential Rooftop Solar Projects
The Jharkhand Bijli Vitran Nigam Limited (JBVNL) floated a tender for the empanelment of agencies to install grid-connected rooftop solar PV power projects of various capacities anywhere in the state. The capacity of the rooftop solar PV projects will be 10 MW for residential consumers only. The scope of work includes agencies for the design, testing, manufacture, installation, supply and commissioning of grid-connected rooftop solar PV power projects in the state.The scope of work includes five years of comprehensive maintenance contract (CMC) on a turnkey basis for residential electricity consumers in market mode anywhere in the state of Jharkhand.