Tenders Archives - JMK Research & Analytics

PM-KUSUM Scheme Tender Issuance Fast-tracks in H1 2022; However, Capacity Allocation Remains A Laggard

July 15, 2022

PM-KUSUM Scheme Tender Issuance Fast-tracks in H1 2022; However, Capacity Allocation Remains A Laggard In 2019, the Indian government launched a national scheme for farmers with the intention of improving their energy security and de-dieselise the agriculture sector. The scheme is called Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM). The KUSUM has a target of setting up 30.8 GW of solar power for agriculture by 2022, which is being undertaken through three scheme components – Component A: For…

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

September 7, 2021

JMK Research

Tenders

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…

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

September 1, 2021

JMK Research

Market trends, Tenders

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…

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

July 8, 2021

JMK Research

Tenders

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…