JMK Research

India saw historic low solar tariff of INR 2.36/ kWh

India saw historic low solar tariff of INR 2.36/ kWh   Today, Solar Energy Corporation of India (SECI) conducted its first reverse auction of a 2 GW solar tender under ISTS (Tranche IX) after a gap of four months due to the COVID-19 lockdown.  Earlier last week, the tender received an overwhelming response from the developers with bids for more than 4.3 GW of capacity. The reverse auction of this was conducted today and it saw a historic low winning solar…

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Overwhelming response to SECI, 2 GW, ISTS (Tranche-IX) solar tender

Overwhelming response to SECI, 2 GW, ISTS (Tranche-IX) solar tender Solar Energy Corporation of India’s (SECI) tender for 2 GW of Interstate Transmission System (ISTS) connected Solar PV Project under tranche IX has received an overwhelming response from the project developers resulting into an over-subscription by about 2.35 GW. The tender received bids of total 4,350 MW solar capacity from 12 project developers. SECI floated this tender in the month of March 2020. But, due to COVID lockdown, its bid…

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Chhattisgarh, CREDA invites bid for 20 MW rooftop solar projects

Chhattisgarh, CREDA invites bid for 20 MW rooftop solar projects The Chhattisgarh State Renewable Energy Development Agency (CREDA) has issued a tender to empanel rooftop solar installers and the deadline for the submission of bids is July 1, 2020, while the date for the opening of the financial bid has been scheduled for July 8, 2020. As per aforementioned tender grid-connected rooftop solar projects ranging between 1 kW to 500 kW will be set up at various locations in the…

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Next wave of growth in the renewable sector to be fueled by UMREPPs

Next wave of growth in the renewable sector to be fueled by UMREPPs In December 2014, MNRE rolled out its scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects” with an objective to facilitate the solar project developers to set up projects in a plug and play model. The scheme proposed to set up at least 25 solar parks and ultra mega solar power projects across various locations. India houses multiple ultra-mega solar parks with a capacity of…

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