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Pavagada Solar Power Park

Fresh 750 Megawatt Solar Power Tender Announced In India

written by saurabh

India’s largest power producer NTPC Limited has launched a fresh tender for the country’s largest solar power park.

NTPC Limited is offering six blocks of 125 megawatt capacity each to project developers at the Pavagada solar power park in the southern Indian state of Karnataka. The solar park is being developed as a joint venture between Karnataka Solar Power Development Corporation Limited and Solar Energy Corporation of India Limited.

The tender terms will allow project developers to procure solar power panels from Indian or foreign manufacturers. With land already acquired and freedom to choose cheaper modules, the tariffs for this auction are expected to be in line with the trends seen in the last few months.

Pavagada solar power park will have an eventual capacity of 2,700 megawatts. First phase of the solar power park, with 500 megawatts capacity, will likely be operational by June this year.

NTPC Limited had auctioned 500 megawatts capacity among six project developers. The highly competitive auction saw allocation of the projects at tariffs Rs 4.78/kWh to Rs 4.80/kWh. The power generated from these projects will be shared by the distribution utilities of Karnataka.

Solar power parks are expected to the backbone of India’s National Solar Mission which targets 100 gigawatts of operational capacity by 2022. The initial target for contribution by solar power parks was 20 gigawatts which was recently increased to 40 gigawatts by the government.

03/22/2017 0 comment

Renewable Energy

Phase I Of 2,700 Megawatts Solar Power Park In India To Be Ready In 4 Months

written by saurabh

The first phase of one of the largest solar power parks in India is set to be operational in the four months.

Pavagada solar power park will see the 500 megawatts capacity operational by June 2017. The state government plans to increase the capacity of the solar power park to 2,700 megawatts by the end of next year.

The solar park is being developed as a joint venture between Karnataka Solar Power Development Corporation Limited and Solar Energy Corporation of India Limited. The location of the solar power park is apt given its extreme arid conditions.

NTPC Limited, on behalf of the joint venture, auctioned 500 megawatts capacity among six project developers. The highly competitive auction saw allocation of the projects at tariffs Rs 4.78/kWh to Rs 4.80/kWh. The power generated from these projects will be shared by the distribution utilities of Karnataka.

Tenders to set up additional capacity at the solar power park are expected to be floated soon. These tenders are expected to reap sharply lower tariff bids compared to those seen in the first phase. Land for the solar park has already been been acquired which means that project developers will not have to pay anything for land.

03/10/2017 0 comment

Renewable Energy

Tariff Bids For Domestic Content Solar Projects In India Falls To Lowest-ever

written by saurabh

Even as India lost review of an earlier WTO decision that found mandatory use of Indian-made solar equipment against international norms, leading project developers in the country placed lowest-ever bids for projects based on domestic content requirement.

Solar Energy Corporation of India (SECI) auctioned off two solar power projects at one of the largest solar power parks in the country. Tata Power Renewable Energy and Adani Green Energy secured rights to develop projects of 50 MW capacity each. The projects shall form part of the Pavagada solar power park in Karnataka.

Both the projects are required to use only Indian-made solar power equipment, including modules. The companies placed bids of less than Rs 5.00/kWh (US$7.5/kWh), the lowest-ever for projects auctioned under the Domestic Content Requirement scheme.

The Pavagada solar power park is still in its very initial stages of development. While a total capacity of 5 GW has been proposed, plans for only 2 GW have been shared in the public so far.

NTPC auctioned 500 MW capacity for the solar park. The capacity was allocated to six developers who are free to choose Indian or imported solar power modules for their projects. Adani Power, Tata Power Renewable Energy and Fortum India secured 100 MW capacity each at tariff of Rs 4.79/kWh (US¢7.9/kWh).

09/28/2016 0 comment

Renewable Energy

India Issues 200 MW Solar Power Storage Tender

written by saurabh

India has issued its second solar power storage tender as it looks to expand its capabilities to efficiently absorb the rapidly increasing solar power capacity in the existing grid.

The Solar Energy Corporation of India (SECI) issued tender to set up 200 MW solar power capacity along with storage facility. The power generation capacity shall come up in Karnataka’s Pavagada solar power park. Projects will be auctioned in the size of 50 MW each with each project having storage capacity of 2.5 MWh.

Pavagada solar power park is among around 25 solar power parks approved by the Ministry of New & Renewable Energy. The planned capacity of the solar power park is 5 GW which would make it among the largest power projects in India.

NTPC Limited has already auctioned 500 MW capacity for the solar park. The capacity was allocated to six developers who are free to choose Indian or imported solar power modules for their projects. Adani Power, Tata Power Renewable Energy and Fortum India secured 100 MW capacity each at tariff of Rs 4.79/kWh (US¢7.9/kWh).

More capacity is expected to be auctioned soon by NTPC Limited as well as SECI.

This new tender comes only days after SECI issued the first solar power storage tender of 100 MW capacity for the 1 GW Kadapa solar power park in Andhra Pradesh.

08/31/2016 0 comment

Renewable Energy

India To Begin Construction Of 5 GW Solar Power Park Soon

written by saurabh

Construction on one of India’s largest, if not the largest, solar power park is expected to being soon.

The Minister for Energy in the southern state of Karnataka recently told media outlets that construction on a proposed 5 GW solar power park will begin soon. The Pavagada solar power park is among the more than two dozen solar power parks with cumulative capacity of almost 20 GW approved by the Ministry of New & Renewable Energy.

The Pavagada solar power park is still in its very initial stages of development. While a total capacity of 5 GW has been proposed, plans for only 2 GW have been shared in the public so far. India’s largest power generation company NTPC Limited and Solar Energy Corporation of India (SECI) will jointly auction and allocate the 2 GW capacity in the project size of 50 MW each.

Five power distribution utilities in the southern state of Karnataka recently signed an agreement with the Solar Energy Corporation of India (SECI) to acquire 1 GW of solar power from a solar power park currently under development. The utilities will purchase electricity from SECI at Rs 4.50/kWh (US¢6.7/kWh) for a period of 25 years.

Recently, NTPC auctioned 500 MW capacity for the solar park. The capacity was allocated to six developers who are free to choose Indian or imported solar power modules for their projects. Adani Power, Tata Power Renewable Energy and Fortum India secured 100 MW capacity each at tariff of Rs 4.79/kWh (US¢7.9/kWh).

NTPC will also hold 100 MW auction wherein developers will be mandated to use only Indian-made solar PV modules. Apart from that NTPC has been designated to auction an additional 1 GW capacity. Power generated from this capacity will be bundled with power generated from NTPC’s own thermal power projects.

Solar Energy Corporation of India (SECI) will also auction 400 MW capacity for the solar power park. This capacity will be allocated under the Viability Gap Funding scheme wherein developers will bid for capital cost support needed and sell power at a fixed tariff of Rs Rs 4.43/kWh (US¢6.6/kWh).

08/28/2016 0 comment