Adani Group Investing Heavily in Indian Solar Sector

Adani Group is planning to build India’s largest solar power facility of 10,000 MW capacity in Rajasthan. The memorandum of understanding (MoU) for this project was signed with Government of Rajasthan earlier in the year. Read more about that here. “The joint … Continue reading

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Essel Group to setup 5GW Solar Parks in Rajasthan

Essel Group has entered into an agreement with the Rajasthan government to set up solar parks in Rajasthan, of combined capacity of 5 GW. The investment in this project is expected to be around Rs. 4000 crores. Essel Group and … Continue reading

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ACME Commissions 100 MW Solar PV Plant in Rajasthan

Solar power producer ACME on Wednesday announced the commissioning of 100 megawatts (MW) solar power plant in Rajasthan, thus fulfilling its commitment towards the National Solar Mission Phase-II. A total of 05 number (20 MW x 5) projects form the … Continue reading

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NTPC To Issue Green Bonds Worth $500 Million

NTPC Limited (formerly National Thermal Power Corporation) is planning to raise $500 million by issuing green bonds. The company will also raise an additional $500 million through conventional rupee-denominated bonds. The funds raised through these bond issues, certainly the green … Continue reading

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French developer EDF commissions its first project in India

French developer EDF Energies Nouvelles is commissioning 30 MW solar project in Madhya Pradesh, the first of its kind in India. EDF Energies Nouvelles also has 5 projects with the combined capacity of 120 MW in Rajasthan, which are to … Continue reading

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US solar major, Borg to invest $45m in India

Borg Energy India, the local unit of US-based renewable energy company Borg Inc, expecting to have a pan-India presence invests $45 m in rural electrification and Solar EPC projects in the states of Rajasthan, Haryana and Andhra Pradesh. Read more … Continue reading

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PSU’s join hands to set up world’s largest 4000MW solar power plant in Rajasthan

Six public sector undertakings, including state-run Bharat Heavy Electricals Limited (BHEL) and Power Grid Corporation of India Limited (PGCIL) announced joining hands to set up world’s largest 4,000 MW ultra mega solar power project in Rajasthan. Read more here.

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Proposed GW scale solar power plant to sell power at Rs. 5.45/kWh (may be lowest in the world)

The solar power project is planned to have 4000 MW capacity, and will be located near Sambhar Lake, Rajasthan. Six state-owned companies will be responsible for executing the project – 1 GW in the first phase. Rest of the capacity … Continue reading

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Solar developers to invest Rs. 25-30 million in Punjab for 250 MW solar projects

Punjab Deputy Chief Minister Sukhbir Singh Badal handed over letter of awards to 26 solar project developers for 250 MW solar power projects having joint net investment of Rs 25-30 million. The letters were handed over to the developers after … Continue reading

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With 608.5 MW of total solar installed capacity Rajasthan becomes the second Indian state to surpass 500 MW solar installation

Rajasthan becomes the second state in India to have an operational solar power capacity of over 500 MW. By June 30, 2013 the total solar capacity of Rajasthan reached 608.5 MW. In 2012, Gujarat achieved this milestone with its aggressive … Continue reading

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