Gujarat: Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has secured a repeat order from Avichal Power Private Limited for the turnkey development of a 100 MW solar power project in Gujarat. The company made the announcement in a regulatory filing under SEBI Listing Regulations. This is the second consecutive contract awarded by Avichal Power, and the scope of the order includes complete EPC (Engineering, Procurement & Construction) services, supply of advanced ...Read More

Bengaluru: Emmvee, a solar module and cell manufacturer, has bagged a nearly ₹1,500 crore order from KPI Green Energy Ltd., part of the KP Group, to supply high-efficiency TopCon bifacial solar modules. The modules will be manufactured at Emmvee’s facilities in Dabaspet and Sulibele, Karnataka, and deployed for an upcoming solar project in Gujarat. This large-scale order strengthens Emmvee’s role as a trusted partner in India’s clean energy transition, the company said in a press release...Read More

Ahmedabad: One of India’s top solar PV module manufacturers, Saatvik Solar, has procured 60 acres of land in Gandhidham, Gujarat, for long-term expansion. The company already operates a functional oleo chemicals plant in Gandhidham, an ideal location for export and import due to its proximity to both Kandla and Mundra ports. Saatvik Solar, which operates three solar PV module manufacturing plants and a fourth plant for ancillary products in Ambala, is currently focused on operationalizing a...Read More

Ahmedabad: Renewable energy services company BluPine Energy has secured a green loan of Rs 511 crore for its 120 MW solar project in Gujarat. The finance has been provided by Standard Chartered, as stated by the company. Sanjeev Bhatia, CFO of BluPine Energy, stated that the project not only contributes to India's clean energy objectives but also showcases the company's commitment to innovation and environmental responsibility. The company also announced the successful financial closure of th...Read More

Bhuj: Adani Group Chairman Gautam Adani today shared pictures of the ongoing erection of solar panels at the Khavda (Kutch) based hybrid renewable park. The upcoming park in Rann of Kutch is going to be the largest hybrid renewables park (wind solar park) in the world. During his annual general meeting (AGM) speech earlier this year, Gautam Adani said that the conglomerate plans to build the largest hybrid renewables park in the world in Gujarat’s Khavda faster than any of their projects be...Read More

Delhi: Avaada Energy, an arm of Avaada Group has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW under base capacity at a tariff of ₹2.75/kWh and another 200 MW under green shoe option at a tariff of ₹2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Post commissioning, the plant will produce 740 million units of green electricity per year, ...Read More

Bhuj: SJVN Ltd (a joint venture between the Government of India and the Government of Himachal Pradesh) on Wednesday announced that it had secured a 200 MW Grid Connected Solar Power Project in Khavda Solar Park from Gujarat Urja Vikas Nigam Ltd (GUVNL) worth Rs 1,200 crore. Bagged at a tariff of Rs 2.88 per unit, the project will be set on a Build Own and Operate (BOO) basis. The tentative cost for development of this project shall be approximately Rs 1,200 crore, chairman and managing direc...Read More

Mumbai: Avaada Energy, an arm of Avaada Group has been awarded a 200 MW (DC) solar power project from Gujarat Urja Vikas Nigam Ltd. (GUVNL) at a record-low tariff of Rs. 2.75 (~$0.033) per kWh. The project was awarded through competitive bidding, followed by an e-Reverse auction held by GUVNL. As per bid terms, PPA will be signed between two entities for 25 years, and the project will be commissioned within 18 months. The plant will produce 370 million units of electricity per year, leading t...Read More

Rajkot: Paschim Gujarat Vij Company (PGVCL) is seeking proposals for the development of 921 MW of solar projects to convert 11 kV feeders of selected 66/11 kV substations of PGVCL into solar ones, under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The successful bidder will be responsible for the project's maintenance and operation for 25 years. The deadline for submitting bids online is March 17, 2023, and the earnest money deposit requ...Read More

Surat: NTPC Limited, India’s largest integrated energy company achieved 69454 MW of group installed and commercial capacity with commissioning of 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat on 15.08.2022. NTPC in a note stated that it is steadily lowering its carbon footprint by reducing greenhouse gas emissions through installation of renewable energy projects in its existing stations as well as putting up of green field RE projects. The Company has planned 262 MW floating solar on...Read More