Solar Energy Corporation Of India

India's non-fossil power generation touches 174 GW in 2022: R K Singh

India's non-fossil fuel-based power generation capacity was at 174.53 gigawatt (GW) at the end of December 31, 2022, Parliament was informed on Tuesday. The country's total power generation capacity, including 235.81 GW from the thermal base, was at 410 GW at the end of 2022, Minister for Power, New and Renewable Energy R K Singh said in a written reply to the Rajya Sabha. "So far, a total of 174.53 GW power generation capacity from non-fossil fuel-based energy resources has been installed in the country as on 31.12.2022," he said. The capacity includes 63.30 GW solar power, 46.85 GW large hydro, 41.93 GW wind power, 10.73 GW bio power, 4.94 GW small hydro power and 6.78 GW nuclear power. In another reply, the minister said 2,97,609 million units (MU) energy from various sources of renewable energy in the April-December period of 2022-23. At 1,37,903 MU, large hydro projects alone contributed 46.3 per cent to the total renewable energy generation during the said period, followed b

JSW Energy arm bags two battery energy storage system projects from SECI

Energy storage system of 500 MW/1,000 MW means 500 MW of battery energy can provide power backup for two hours, giving total output of 1,000 MW

Indian govt wants solar manufacturers to bid for $2.4 billion in aid

The state-run Solar Energy Corp. of India is seeking bids from solar manufacturers for 195 billion rupees of financial incentives, according to documents published on the agency's website

Adani Green commissions 325-MW wind power project in Dhar district of MP

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

Centre's plan on sale of RE power to states offers only a flickering hope

The power ministry's plan to become an intermediary in the sale of green power generation to states is only a limited solution to the larger problem facing state discoms

ReNew Power raises $1 billion through ECB for battery-enabled project

Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings, tying up with 12 international banks for the finance.

JSW Energy subsidiary gets order for 300 MW wind capacity from Solar Energy

The company bagged the project in a tariff-based competitive bids invited by SECI for setting up of 1,200 MW ISTS-connected wind power projects (Tranche - XII), it said.

New round of solar PLI to have 3 schemes for different product categories

Plans to include highest corpus to polysilicon manufacturing

Adani Green inks agreement with SECI to supply 4,667 MW green power

The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020

Adani Green Energy inks pact with SECI to supply 4,667 MW renewable energy

Adani Green Energy (AGEL) has inked a pact with state run Solar Energy Corporation of India (SECI) to supply 4667 MW of green energy. According to a company statement, this is the world's largest ever green power purchase agreement (PPA). "This is yet another step in our journey to enable India's dual objective to accelerate India's renewable energy footprint as well as promote domestic manufacturing under the Aatmanirbhar Bharat programme, said Gautam Adani, Chairman of the Adani Group. Following the proceedings at COP 26, it is increasingly evident that the world has to equitably transition to a low carbon economy faster than previously anticipated, he noted. This is why the Adani Group has committed USD 50-USD 70 billion of investment in the renewables space. This agreement keeps us well on track to our commitment to become the world's largest renewables player by 2030," Adani added. The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,

Tata Power bags solar project worth Rs 945 cr from Solar Energy Corp

The contract involves building 100 MW EPC solar project along with 120 MWh utility scale battery energy storage system

Azure Power signs 600 MW purchase agreements with SECI under 4 GW Projects

Azure Power announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI)

SECI invites expression of interest for 1GWh battery energy storage system

This will be discussed in the pre-bid conference scheduled to be held on 28th October 2021 at 4 pm

End of thermal PPAs to help renewable power purchase, says SECI CMD

Jatindra Nath Swain, chairman and managing director, SECI, spoke to Shreya Jai about the growth prospects of the RE sector in India, the challenges, and plans

Adani Green Energy arm get letter of award for 300 MW wind project

Adani Green Energy (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India

Hero Future Energies to hit int'l bond market, use funds for India projects

Renewables company will use its Mauritius SPV, subscribe to Indian rupee-denominated external commercial borrowing

Railways' solar power tender attracts only a few bids; deadline extended

The Solar Energy Corp of India, sources said, has a surplus solar power capacity of 14 GW in operation and under execution at various stages, and the same should be used by the railways

Solar capacity addition in 2020-21 likely to be 15% lower at 5.5 GW: Report

The solar capacity addition in 2019-20 was also 15 per cent lower at 6.5 GW than its earlier forecast of around 7-7.5 GW

Spain's Solarpack Corp quotes lowest tariff of Rs 2.36/unit for solar power

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.

Tariff will be lower than Rs 3.6 per unit: ReNew Power's Sumant Sinha

ReNew quoted a winning tariff of Rs 2.9 per unit (kwh) for the complete capacity of 400 Mw offered by the government.