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States producing wind energy asked to ensure regulatory nod for power purchase agreements

The Centre has asked wind energy-producing states to ensure regulatory approval of power purchase agreements (PPAs) signed when tariffs and equipment costs were higher, and use special powers under the Electricity Act to issue directions to autonomous regulators in public interest, if necessary. read more →

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Wind, solar tariffs to come down considerably in near future: Govt

The wind and solar tariff will come down considerably in the near future, a government official today said. "It will though take some time to resolve the surfacing issues since the GST has come into vogue but on tariff front, the department of renewable energy is quite confident that since majority… read more →

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Veer Energy wants to develop 10 MW solar/hybrid project in Dhule, stock up 12%

Veer Energy and Infrastructure share price rallied 12 percent intraday Monday on receiving a letter of interest from Maharashtra Energy Development Agency, Pune, on installation of solar or hybrid project at its existing wind projects. The company has decided to start hybrid division. It wants to develop… read more →

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Wind energy companies move Madras High Court against auction of Tamil Nadu projects

Wind energy companies have moved the Madras High Court against the Tamil Nadu electricity distribution company’s move to auction wind energy projects with a new base price, and the sector regulator’s decision to allow the auction. Indian Wind Energy Association (IWEA), an industry body of wind energy… read more →

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Tangedco hits ‘century’in a 1st, sells wind power

Tamil Nadu this week started sale of wind power, with Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) on Thursday and Friday trading more than 150MW with Power Exchange India Ltd (PXIL), at a tariff of between Rs 5.25/unit and Rs 6/unit. read more →

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India’s first wind power auction: Developers sign PPAs for 550 Mw capacity

Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable… read more →

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ReNew eyes Orange's portfolio in $950 million deal to bulk up before IPO

Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation,… read more →

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Tangedco evacuates 5,079MW of wind power, sets national record

Tangedco at 7pm on Monday evacuated 5,079MW of wind power, a new record in wind power evacuation in Tamil Nadu and India. It was a two hour sustained supply of over 5,000MW on Monday. read more →

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All but gone with the wind: The unfolding sad story of India’s wind sector

If one wishes to see birth of a non-performing asset (NPA), wind power sector in India offers a ring-side view. No where can one see Murphy’s Law being vindicated more strongly than in this sector where everything that can go wrong has gone wrong. Wind power, which along with solar power was expected… read more →

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Record level of wind power produced in Gujarat on higher capacity

On Tuesday, Gujarat saw its highest ever levels of power generation from wind energy, thanks to high wind velocities on its coast and steadily increasing generation capacity. Wind power generation in the state reached a record 3,460MW on June 20, 2017. The rise also come as a major relief to GUVNL,… read more →

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