2022-09-22 16:05:00
INDIA'S RENEWABLES 1.5 GW
ENERDATA- 21 Sep 2022 - India has awarded 1.5 GW of wind and solar renewable projects in two auctions held by Rewa Ultra Mega Solar Limited (RUMSL) in the Madhya Pradesh state, and Gujarat Urja Vikas Nigam Limited (GUVNL) in the Gujarat state.
The 750 MW RUMSL wind-solar hybrid tender awarded 300 MW to ReNew Solar Power, 200 MW to Tata Power Renewable Energy, 160 MW to Sprng Ojas and 90 MW to O2 Power. Tariffs ranged between INR3.03 and INR3.04/kWh (about US$3c/kWh). The projects will deliver energy to Madhya Pradesh Power Transmission Company. The tender, floated in April 2022, was oversubscribed by 530 MW.
The GUVNL grid-connected solar tender with greenshoe option also awarded 750 MW. The auction granted 300 MW to Tata Power Renewable Energy, 200 MW to Solairedirect Energy (Engie), 130 MW to Utkrrisht Solar Energy (UPC Renewables) and 120 MW to Solarcraft Power India (Blupine Energy). Tariffs ranged between INR2.49 and INR2.66/kWh (about US$3c/kWh). The tender was floated in July 2022. The minimum project capacity stands at 25 MW.
In 2021, solar and wind accounted for nearly 20% of installed capacity in India, with respectively 49 GW and 40 GW. The country aims to develop 175 GW of renewable capacity by the end of 2022, including 100 GW of solar.
-----
Earlier:
2022, August, 12, 08:20:00
INDIA'S SMR NUCLEAR
India currently has 22 operating nuclear reactors, totalling some 6795 MWe of capacity. A further eight units, totalling just over 6000 MWe, are under construction, and the Indian government is committed to growing nuclear capacity as part of its massive infrastructure development programme.
2022, August, 1, 10:45:00
INDIA NEED COAL AGAIN
India's coal based generation accounted for 69.9% of the country's overall electricity generation of 1,490.277 billion units in fiscal year 2021-22 (April-March), a growth of 9.5% from a year ago.
2022, July, 21, 14:00:00
INDIA'S LPG RECORD
Steady inflows have lengthened waiting times for Very Large Gas Carriers to discharge at India's terminals,
2022, July, 7, 10:50:00
INDIA NEED OIL INVESTMENT
The oil ministry said June 29 that India would allow operators to sell locally-produced crude in the domestic market without restrictions from Oct. 1, but restrictions on exporting locally-produced crude would remain.
2022, June, 27, 11:40:00
INDIA NEED MORE OIL
"Today, nobody is bothering who is buying what from where. We are quite happy to source from as far as we can," a leading Indian oil ministry source said.
2022, June, 15, 14:10:00
INDIA'S RENEWABLES INVESTMENT UP TO $14.4 BLN
Investment in electricity generation in India has rebounded from its slump during the COVID-19 pandemic, with 15.5 gigawatts (GW) of renewable energy capacity – representing an investment of a record US$14.4 billion – added in the past financial year.
2022, June, 14, 11:10:00
INDIAN HYDROGEN INVESTMENT $5 BLN
The purchase would be yet another shot in the arm for Adani, who has been seeking global investors and has committed to spend as much as $70 billion by 2030 across the green-energy value chain.
