Tenders

KUSUM Scheme (Component A)- Over 3.4 GW of solar tenders issued till date

KUSUM Scheme (Component A) – Over 3.4 GW of solar tenders issued till date The Ministry of New and Renewable Energy (MNRE) launched the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme for farmers to set up solar pumps and other renewable energy facilities across the country. The Scheme consists of three components: Component A: Installation of 10,000 MW of decentralized ground-mounted grid-connected renewable power plants. Component B: Installation of 17.50 lakh solar-powered agricultural pumps. Component C: Solarisation of 10 lakh…

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India witnessed a remarkable low Wind Solar Hybrid tariff of Rs 2.34/kWh

India witnessed a remarkable low Wind Solar Hybrid tariff of Rs 2.34/kWh Solar Energy Corporation of India (SECI) had conducted an e-reverse auction last week for its 1200 MW Wind Solar Hybrid Tranche IV tender. The tender was issued in April this year and had received an overwhelming response with total bids submitted for 5,980 MW capacity.  The tender specifies project commissioning timeline of 18 months from the date of PPA execution and a minimum CUF requirement of 30%. The…

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Solar tariffs rose by 21.6% in the latest MSEDCL 500 MW tender

Solar tariffs rose by 21.6% in the latest MSEDCL 500 MW tender After a gap of 14 months, Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has conducted an e-reverse auction for the procurement of power from 500 MW inter/intra state grid-connected solar projects on a long term basis. The tender was floated in May 2021 with a commissioning timeline of 15 months; and 18 months for the projects located in and outside the solar park respectively. Also, the minimum requirement…

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More than 12.3 GW of wind-solar hybrid tenders issued in India till date

More than 12.3 GW of wind-solar hybrid tenders issued in India till date India has enormous potential for wind and solar energy. But, due to the intermittent and inconsistent nature of both solar and wind power, the Capacity Utilization Factor (CUF) for standalone solar and wind power plants is low. This issue can be partially resolved by blending the energy generated from the two sources as a hybrid system, improving CUF and ensuring greater reliability and grid stability. With a…

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JMK Research & Analytics is a boutique consultancy firm providing research and advisory services to Indian and International clients across solar, wind and e-mobility segment.

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