Wind Power Projects

Vibrant Energy has tied up over Rs 2,200 crore of project financing from state-run Power Finance Corporation (PFC) to build 300 MWac wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy (Vibrant), which develops corporate renewable energy solutions, in a statement said that the financing will stand out as one of the largest project financing deals in the Indian Renewables Industry in 2023. Srinivasan Viswanathan, CEO of Vibrant Energy, said that the company is hopeful of enabling more green energy solutions for corporate India.

According to the BOI, the two wind power plants of 350 MW which are scheduled to be commissioned in two years, and would be added to the national grid by 2025

The auction model had led to an artificial lowering of prices

Suzlon Group on Tuesday announced that it has bagged an order for the development of 144.9 MW of wind power projects for Aditya Birla Group. "Suzlon Group, which has India's largest wind energy installed base, today announced its new order win for the development of 144.9 MW wind power projects for the Aditya Birla Group, a leading Indian Conglomerate," a statement said. Suzlon will install 69 units of wind turbine generators (wind turbines) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is located at sites in Gujarat and Madhya Pradesh and is expected to be commissioned in 2023. Vinod R Tanti, Chairman and Managing Director, Suzlon Group said, "It is a matter of pride to announce our order with Aditya Birla Group. The confidence of our customers in us as a wind energy expert is very important to us". Suzlon wind turbines typically range over 70-80 per cent on domestic content and are manufactured in the country through a thriving domest

Adani Green Energy Limited has commissioned a 325-megawatt wind energy plant in Dhar district of Madhya Pradesh. With the commissioning of this plant, its operational generation capacity has increased to 6.1 gigawatt (GW), Adani Green Energy Limited (AGEL) said in a statement on Monday. "Adani Wind Energy MP One Private Ltd (AWEMP1PL), a subsidiary of AGEL, has commissioned a 324.4 MW wind power plant in Dhar, Madhya Pradesh," it said. The plant has two 25-year Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI), one for 274.4 MW energy and another for 50 MW power, at a tariff of Rs 2.83 per kwh (kilowatt hour). The newly commissioned plant will be managed by the Adani Group's 'Energy Network Operation Centre' platform, which provides technological assistance. In the statement, the company did not disclose any financial details of the project. According to industry estimates, to set up every 1 MW of solar capacity, an investment of over Rs 4.5 crore is

Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report

The sharp drop in renewable energy tariffs is encouraging smaller players to exit even as larger ones look to innovative financing methods to expand their portfolios

The problem predominantly pertains to four key states - Madhya Pradesh, Maharashtra, Rajasthan and Andhra Pradesh

Inox Wind on Tuesday said it has signed a binding agreement with Integrum Energy Infrastructure for 92 mega watt (MW) of wind power projects.

Firm has been expanding its renewable footprint over past two decades, meets 40% of its electricity needs from wind, solar and biomass; Its investment in renewable assets is about Rs 1,000 cr

The first phase of the projects is scheduled to be commissioned in the third quarter of the ongoing fiscal, Inox Wind said in a filing to BSE.

Industry has been asking for removing caps when market conditions favoured higher tariffs; the govt's move comes when tariff has reduced

The deal, expected to be closed by the first half of 2020, is estimated to help ENGIE reduce its debt by Euro 400 million

First set of projects will set the course for a subsidy-free offshore wind regime in India too

Lowest tariff discovered Rs 2.44/unit quoted by 4 players

45% of the financing target under RE-Invest met till yet: MNRE

Cement majors, steel companies, Indian arms of foreign energy firms are among the sellers

The entire process under international competitive bidding will be completed by the end of the this year