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SECI SOLAR DEAL
Japan's Chubu Electric set to buy $150 million stake in Continuum GreenJapanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal ...- Inox Clean Energy buys Vena's India energy business for Rs 6,000 croreInox Clean Energy is acquiring Vena Energy India's 6 GW renewable energy portfolio. This deal significantly expands Inox Clean's operationa...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- CCI dismisses complaint against Adani Group entities in solar power tender caseIndia's antitrust regulator has dismissed a complaint against Adani group entities and others. The Competition Commission of India found no...
- Andhra Pradesh okays Adani solar power deal, with riderAdani Andhra solar deal: CM Naidu had kept the decision in abeyance and the state was examining the financial impact of cancelling the powe...
- Govt sacks SECI chairman Rameshwar Prasad Gupta with immediate effect, a month before term endsIndia abruptly removed Rameshwar Prasad Gupta, chairman of the Solar Energy Corp of India (SECI), ahead of his scheduled tenure end. This d...
- Solar PSU forfeits Azure's bank guaranteesThe Indian government has forfeited Rs 35 crore worth of bank guarantees from Azure Power Group due to their failure to complete 700 MW pow...
- SECI defends transfer of 2,333 mw power project from Azure to AdaniSECI defended the transfer of a 2,333 MW solar power project from Azure to Adani Group before the CERC. They stated the transfer met Andhra...
- Adani deal under US bribery scrutiny was approved against officials' adviceThe Andhra Pradesh government quickly approved a massive solar deal with Adani Green. The deal bypassed usual procedures and ignored warnin...
- India's solar energy agency changes bidding policy after Adani bribery allegations: ReportIndia's Solar Energy Corporation has revamped its bidding system. This follows US bribery allegations in some Adani Group power deals. SECI...
- Amid solar power row, centre plans to review bidding processAmidst the Adani-Azure solar deal controversy, the central government is reviewing its renewable energy bidding process. A shift from a cen...
- YSRCP government rejected AP power officials concerns on high tariff, delaysThe Andhra Pradesh Power Coordination Committee (APPCC) raised concerns about the high tariff of ₹2.49 per unit and potential delays in a 7...
- Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani groupThe Andhra Pradesh government is exploring options to maintain its 2021 solar power deal with SECI despite a US bribery scandal involving t...
- Key events in Gautam Adani's US indictment over alleged bribery schemeIndian billionaire Gautam Adani and two others have been indicted by U.S. prosecutors for allegedly orchestrating a $265 million bribery sc...
- SECI link to Adani bribe, fraud probe: What put India's solar power nodal agency in the dock?The US Justice Department is investigating allegations of bribery involving Adani Group, Azure Power, and India's Solar Energy Corporation ...
- Adani Green Energy doesn't have a guaranteed buyer for $6 billion solar project in IndiaShares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant dea...
- SECI's solar tender has few takersSECI set the ceiling tariff at Rs 2.65 per unit, which developers consider non-viable.
- Flop show again: Solar energy auction fails to woo biddersThis is the second renewable project auction to have flopped in a month as policy paradox kept investors away
- ReNew Power, Orange Sironj lowest bidders at SECI’s 1,000MW auctionThere were three other winners, each bidding Rs 2.65 per unit — Inox Wind and Sembcorp-owned Green Infra Wind Energy, both winning 250 MW, ...
- Welspun’s Maharashtra project remains stuck between start and scuttleWelspun won 100 MW in an auction of 500 MW in Maharashtra that SECI conducted in January 2016, bidding a tariff of Rs 4.43 per kwH.
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