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SOLAR AUCTION BID
Acme Solar Holdings shares jump 4% after HSBC initiates buy with 28% upsideShares of Acme Solar Holdings rose sharply on Monday after HSBC initiated coverage with a ‘Buy’ rating and 28% upside. The brokerage expect...
SECI's 5 GW manufacturing-linked solar auction gets good responseThese bids came in after several obstacles were faced in the manufacturing-linked solar power auctions. For past few months, renewable powe...
No bids for Gujarat solar auction due to low tariffGujarat Urja Vikas Nigam Ltd (GUVNL), which is conducting the auction, confirmed the development.
SECI's auction for 5GW solar manufacturing gets one bidderAs per the tender document, the bidders were allowed to bid for a minimum capacity of 1GW of manufacturing linked to 2GW of assured off tak...
SECI okays lowest solar auction bid, cancels restThe only developer that did not get the axe was Acme Solar that won 600 MW quoting the lowest tariff of Rs 2.44 per unit.
SB Energy, Acme Solar and ReNew Power biggest winners in SECI mega auction of 3000 MWPreviously, the tariffs had hit the lowest rate of Rs 2.44 per in May 2017 for Rajasthan's Bhadla projects, while the second was during the...
NTPC solar auction tariffs hover at Rs. 2.8Unhappy with the relatively high tariff, the Gujarat government cancelled the auction soon after and may reissue the tender.
Solar tariffs rise in Gujarat reverse auctionIn the last solar auction held by GUVNL in September 2017, also for 500 MW, winning tariffs had varied between Rs 2.65 and Rs 2.67 per unit.
No bidders in solar auctions due to duty fearsThe auction, first announced in December last year, had been put off three times earlier already. Its third deadline of February 23, receiv...
Fear of safeguard and anti-dumping duty hits solar auctionsEven though they have extended the last date for submitting bids for solar auctions, Maharashtra and Karnataka have not incorporated the pr...
Tepid response, court stay hit Karnataka solar auctionsKREDL invited bids for 1200 MW of projects at the Pavagada Solar Park in Tumkur district on January 31 this year, setting out dates through...
Solar tariffs perk up in latest Karnataka auctionThe increase can be attributed to rising costs of imported equipment from China, and to the recent struggles of the solar segment at home.
Gujarat solar auction sees winning tariff of Rs 2.65/unitThe lowest bid, seeking 90 MW at Rs 2.65 per kwH, was made by GRT Jewellers India, a renowned name in the jewellery business.
Solar power tariff drops to historic low at Rs 2.44 per unitACME Solar Holdings emerged as the lowest bidder by quoting Rs 2.44 per unit tariff for 200 MW followed by SBG Cleantech One at Rs 2.45 per...
Solar tariffs fall to record low at NTPC auctionThe lowest tariff achieved until this auction had been in the NTPC auction at the Rewa Solar Park in February this year for 750 MW.
Solar tariffs in India have fallen by 73 percent since 2010Mercom Capital group said when the entire global solar market was about 17 GW in 2010; Indian solar installations at that point were only a...
Rajasthan is most attractive solar project destination in India, proves NTPC auctionOf the 130 MW on offer, 50 MW was won by Shapoorji Pallonji Infrastructure Capital and 60 MW by Mahindra Susten, both offering to sell elec...