Wind Power Seci Auction
Amp Energy to set up 1 GW capacity under PLI scheme for manufacturing
Amp Energy India on Wednesday said it has bagged 1 GW capacity for integrating cell and module manufacturing under the government's performance-linked incentive (PLI) scheme. Solar Energy Corporation of India Limited (SECI) is a nodal agency of the central government for auctioning renewable energy projects. In a statement, Amp Energy India said subsidiary company AMPIN Solar One has won 1 GW capacity for integrating cell and module manufacturing under tranche II of PLI scheme for integrating cell and module (CM) manufacturing. "SECI declared the winners who would be eligible to receive a total of Rs 139.4 billion under tranche II of the programme to manufacture 39.6 GW of solar modules. Amp Energy India (AMPIN Solar One) has won 1GW for basket 3 (CM) and would be eligible to receive a maximum incentive of Rs 1.4 billion/Rs 140 crore," it said. "Our foray into manufacturing is a strategic move that will enable us to achieve backward integration and enhance our control over the supp
 "Amp Energy to set up 1 GW capacity under PLI scheme for manufacturing")
Wind energy has huge potential in India, to cost less by 2026: GWEC
The agency analyses the factors that can reduce the levelised cost of energy over the next few years.
 "Wind energy has huge potential in India, to cost less by 2026: GWEC")
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.
 "ReNew Power raises $1 billion through ECB for battery-enabled project")
Torrent Power bags Rs 2,600-cr wind energy project in Karnataka from SECI
Torrent Power has bagged a 300 MW wind energy project worth Rs 2,600 crore in Karnataka from Solar Energy Corporation of India (SECI), according to a regulatory filing
 "Torrent Power bags Rs 2,600-cr wind energy project in Karnataka from SECI")
Covid-19 crisis: ACME cancels pact to supply power at record low tariff
Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project
 "Covid-19 crisis: ACME cancels pact to supply power at record low tariff")
Wind power tariff firms at Rs 2.5/unit in Solar Energy Corporation auction
Wind power tariff is firming up after dropping to all-time low of Rs 2.43 per unit
 "Wind power tariff firms at Rs 2.5/unit in Solar Energy Corporation auction")
