NSEFI Representations

Request for reduction in Performance Bank Guarantee (“PBG”) for ongoing Solar tenders as per the directions of Ministry of Finance, Govt of India and MNRE.

NSEFI requested NTPC for the reduction of PBG to 3% in line with MoF OM in its tenders and to release the balance BG amount providing liquidity to developers.Read More

NSEFI in News

PLI scheme will lead to sector-wide growth, but more funds needed for complete value chain: Industry

The scheme aims to add 10,000-MW manufacturing capacity of integrated solar PV modules with a direct investment of Rs 17,200 croreRead More

NSEFI Member in News

Adani Electricity Bringing Renewable Power to Mumbai

Mumbai’s largest electricity distributor, Adani Electricity Mumbai will play a pivotal role in Mumbai’s transition towards green energy.Read More

ReNew Power Commissions 110 MW Solar Project in Jaisalmer

ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer, and signed a PPA with SECI at a tariff of Rs 2.49/kWh.Read More

Top Stories

MNRE Invites EOI for Installation of Innovative Solar Pumps Again

MNRE has invited firms to submit EOI for the installation of innovative solar pumps across India under Scheme (KUSUM) operated by the ministryRead More

At 3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at â?¹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […]Read More

Saudi Arabia’s second PV tender draws world record low bid of $.0104/kWh

The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energies.Read More

Madhya Pradesh tenders 41 MW of grid-connected rooftop solar

Madhya Pradesh Urja Vikas Nigam Ltd has issued a tender to develop an aggregate 41 MW of grid-connected rooftop solar capacity in Madhya Pradesh. The RESCO mode capacity shall come upon the buildings of different government departments and private institutions. The ceiling tariff is fixed at INR 4/ kWh. Bidding closes on May 5.Read More