The tender floated by Solar Energy Corporation of India (SECI) is pan-India and the developer can set up a project anywhere in the country.
ReNew quoted a winning tariff of Rs 2.9 per unit (kwh) for the complete capacity of 400 Mw offered by the government.
The ministry has also got in touch with trade commissioners and representatives of various countries and invited them to invest in this promising sector in India
The company's total outstanding borrowing from banks or financial institutions is Rs 12,885.75 crore, according to a regulatory filing by Suzlon.
The ministry asked all states to exempt renewable energy generating stations from Section 144, nationwide lockdown, curfew and any restrictions in the movement of necessary staff and products.
Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related to GST on renewable energy devices with the finance ministry
In terms of net new capacity installs to date in 2019-20, 5.7 Gw or two-thirds have been contributed by renewables whereas thermal power witnessed a net addition of 3.1 Gw
Clean energy is becoming cheaper and, therefore, more affordable. The use of IoT will also ensure it can achieve efficiencies that traditional energy companies struggle to achieve
India's largest renewable power company on Sunday commissioned a 250 Mw plant in Rajasthan's Bikaner
State agencies should honour their commitments
Renewal energy supply can be seasonal (wind) or limited to some hours in the day (solar). It disturbs the power grid, used to seamless supply of thermal power
At the United Nations Climate Action Summit in New York on Monday, Modi vowed to double India's renewable energy target to 450 gigawatt (GW) by 2030
With the govt tendering close to 6,650 Mw of renewable energy projects in February alone, the total projects offered during 2017-18 will exceed a combined 10,000 Mw capacity
India needs to expand its current solar capacity sevenfold to reach the 100 gigawatts by 2022
Schneider's EcoStruxure Grid is the ideal solution to address India's energy challenges.
Discoms renegotiating PPAs is a worrying trend
Proposed compensation at PPA tariff to restrict fall of annual debt service coverage ratio to 0.06%
However, low tariffs raise questions over the risks being taken by project developers