TAG: "Power sale agreement"

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India Sets Record with 73 GW Utility-Scale RE Tenders in 2024, but Challenges Persist

India issued a record 73 GW of renewable energy tenders in 2024, surpassing 58 GW in 2023, according to an IEEFA and JMK Research report. However, rising undersubscription, PSA delays, and tender cancellations threaten execution, potentially impacting India’s 2030 clean energy goals.

Power Sale Agreement | March 07, 2025 | By EI News Network | 433

SECI Crosses 50 GW in Power Sale Agreements

The latest PSAs signed stands at 50,292.64 MW now, positioning SECI as an Intermediary Procurer. It has signed a PSA of 690 MW wind power and 500 MW solar power with UPPCL and TANGEDCO respectively.

Power Sale Agreement | October 23, 2023 | By Anurima Mondal | 1527

SECI's 1170 MW Hybrid Projects Set to Transform India's Energy Landscape with Green Power at INR 2.53/Unit

According to the new set of rules, the Wind-Solar Hybrid Power Projects are slated for commissioning within a period of 24 months from the effective date of the PPAs i.e. July 12, 2024.

Power Sale Agreement | September 15, 2023 | By EI News Network | 2136

Ministry of Power Releases Revised Guidelines for Wind-Solar Hybrid Projects

The updated guidelines maintain the flexibility of placing solar and wind projects at the same or different locations, with the added provision for integrating energy storage. Notably, the minimum bid capacity has been adjusted to differentiate between intra-state and inter-state projects.

Power Sale Agreement | August 23, 2023 | By EI News Network | 1947