Tamil Nadu’s distribution company (Discom) awarded 1.5GW of solar to 18 companies in June, but it has now signed PPAs with just 16 of the companies, all of whom have agreed to lower their original tariff to the lowest bid in the auction.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
Piyush Goyal launches lowest-cost power 'Weather Portals' for the industry, Maharashtra set for 2GW of solar tenders, Tamil Nadu proposes ‘drastic’ net metering cuts
Although Tamil Nadu’s latest 1.5GW solar tender has seen significant oversubscription with 3,774.5MW of submissions, most of the key solar players in India have not participated.
The Indian Power Ministry has put forward plans to compensate for grid curtailment of existing renewable energy projects, according to credit rating agency India Ratings and Research (Ind Ra).
NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.
The energy nodal agency in the Indian state of Tamil Nadu has put in a bid for 50MW of solar in a 500MW retender due to insufficient interest from other players, according to consultancy firm Mercom Capital Group reporting a Tamil Nadu Energy Development Agency (TEDA) official.
The Indian state of Tamil Nadu has received just 300MW of technical bids in its second attempt at a tender for 500MW of solar capacity, according to consultancy firm Mercom Capital Group.
The Indian state of Tamil Nadu has issued a request for submission (RfS) for 500MW(ac) of solar energy, continuing attempts to reach its Renewable Purchase Obligations (RPO), after a previous tender of the same size was undersubscribed.
NLC tendering for 500MW(ac) in Tamil Nadu, Off-grid solar power for 1,000 villages in Arunachal Pradesh, Tamil Nadu 500MW utility-scale tender avoided.
