DISCOMs’ AT&C Losses Drop to 15.41% in FY23
The Aggregate Technical and Commercial (AT&C) losses of distribution companies (DISCOM) decreased to 15.41% in the financial year (FY) 2022-23 from 17% in FY 2021-22, the Ministry of Power highlighted in its year-end review. The Ministry attributed the improvement to the various measures taken under the Revamped Distribution Sector Scheme (RDSS). The program was introduced […]
Read MoreNTPC Invites Bids for 4.1 MW Rooftop Solar Projects
NTPC has invited bids for the engineering, procurement, and construction of grid-connected rooftop solar power projects with a cumulative capacity of 4,106 kW at five locations of the Container Corporation of India (CONCOR). The scope of work also includes design, testing, and commissioning, as well as other activities such as rooftop strength testing, water arrangements, […]
Read MoreTelangana Invites Bids for 1.08 MW Rooftop Solar Projects
The Telangana State Renewable Energy Development Corporation (TSREDCO) has invited proposals for the design, supply, installation, and commissioning of grid-connected rooftop solar projects with a combined capacity of 1.08 MW. The projects will have to utilize Mono PERC solar modules. Additionally, TSREDCO has invited proposals for a rooftop hybrid power project with a capacity of […]
Read MoreMonth in a Minute: Top Headlines from the Indian Renewable Sector in December 2023
India installed over 1.3 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2023, an increase of 12% year-over-year (YoY), according to Mercom India Research’s newly released Q3 2023 Mercom India Rooftop Solar Market Report. India added 431 MW of rooftop solar capacity in the third quarter (Q3) of […]
Read MoreGreenko, ACME, Reliance Among Winners of SECI’s Green Hydrogen Manufacturing Auction
Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation were among the winners of Solar Energy Corporation of India’s (SECI) tender to set up 450,000 metric tons (MT)/annum production facilities for green hydrogen, according to Mercom sources. The tender floated in July invited proposals […]
Read MoreAlfanar, Juniper Green and EDF Renewables Win GUVNL’s 500 MW Wind Auction
Alfanar Projects, Juniper Green Energy, and RIH Renewables (EDF Renewables) were declared winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up 500 MW of grid-connected wind power projects anywhere in India (Phase VI) with a greenshoe option of an additional 500 MW. Alfanar quoted the lowest tariff of ₹3.42 (~$0.0411)/kWh to win 50 […]
Read MoreElectric Vehicle Sales Clock 50% YoY Growth in 2023 to Reach 1.5 Million Units
Electric vehicle (EV) sales in India reached a record 1.53 million units in 2023, a jump of over 50% year-over-year (YoY) against the million units sold in 2022. EVs accounted for 6.4% of overall automobile sales, according to data released by the Ministry of Road Transport and Highways through its Vahan Dashboard. The numbers do not […]
Read MoreTamil Nadu Milk Cooperative Invites Bids for 43.8 GWh Renewable Power
The Tamil Nadu Cooperative Milk Producers’ Federation (TCMPF) has invited bids to procure 5 MW of power per day from solar or wind projects or as surplus power from generators through open access. The procured power will be supplied to TCMPF’s metro dairies, product dairy, and dairy-cum-powder plants in Ammapalayam, Madurai Ice Cream plant and […]
Read MoreSJVN Secures ₹100 Billion to Fund the Construction of Renewable Projects
In a first-of-its-kind transaction undertaken by a public sector undertaking, SJVN, a joint venture between the Government of India and the state of Himachal Pradesh, secured ₹100 billion (~$1.2 billion) construction financing facility to fund its upcoming renewable energy projects. The financing was raised by Deutsche Bank, State Bank of India, Punjab National Bank, Bank […]
Read MoreNLC Invites Bids for 100 MW ISTS-Connected Solar Projects
NLC India has invited bids to develop 100 MW inter-state transmission system-connected solar power projects on a pan-India basis. The projects must be completed within 15 months from the date of the letter of award. The successful bidder must undertake the operation and maintenance of the projects for three years. The last day to submit […]
Read More