In Short : ACME Solar has won 130 MW of capacity in the Railway Energy Management Company Limited’s round-the-clock renewable energy auction, strengthening its position in India’s hybrid and firm renewable energy segment. This achievement supports Indian Railways’ clean energy transition by providing reliable green power and reinforces ACME’s long-term strategy of building a diversified, […]
In Short : BC Jindal Group has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 150 MW round-the-clock (RTC) renewable energy project. The agreement enables delivery of firm, reliable green power through a blend of renewable generation and storage-backed systems. This marks a major step in supporting […]
In Short : The Haryana Electricity Regulatory Commission (HERC) has unveiled a roadmap to provide 24/7 affordable power across the state. The plan focuses on reducing technical and commercial losses, integrating renewable energy, managing peak demand, and improving consumer services. Initiatives include time-of-day tariffs, revenue recovery measures, and rural electrification efforts, reflecting Haryana’s commitment to […]
In Short : ACME Solar has secured ₹3,892 crore in funding for its 400 MW Firm and Dispatchable Renewable Energy (FDRE) project. The initiative will combine solar generation with advanced energy storage to provide round-the-clock renewable power, enhancing grid reliability. The project supports India’s renewable energy targets, demonstrates the commercial viability of dispatchable clean energy, […]
In Short : India can deliver 52 GW of round-the-clock clean power by 2030, saving ₹9,000 crore annually, according to a CEEW report. Integrating solar, wind, hydro, and 70 GW of battery storage will reduce power costs, emissions, and the need for new coal plants. The plan supports 600 GW non-fossil capacity, enabling reliable, low-cost, and sustainable electricity […]
Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Round-The Clock Power from Grid Connected Renewable Energy Power Projects, complemented with Power from Coal Based Thermal Power Projects For more information please see below link:
Renew Power wins 400 MW RTC bid conducted by SECI Historic price discovery of ₹ 2.90 / kWh for first year Capacity Utilisation Factor requirement of 80% per year Gurugram, Haryana, India: ReNew Power, India’s largest renewable energy company was declared winner of India’s first e-Reverse Auction for 400 MW RE (Renewable Energy) Project with […]
The IEX has witnessed heightened activity among power distribution companies (discoms) since the coronavirus-induced nationwide lockdown on March 25, according to a statement by the Exchange New Delhi: Average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […]
Request for Selection (RfS) Document For Selection of RE Power Developer for “Round-the-Clock” Supply of 400 MW RE Power to NDMC, New Delhi, and Dadra & Nagar Haveli under Tariff-based Competitive Bidding (RTC-I) For more information please see below link: