Indian solar power price hits record low

The wholesale price of solar power has hit a record low in India. At a reverse auction in Rajasthan this week, power companies Phelan Energy and Avaada Power each offered to charge 2.62 rupees/kWh of electricity generated from solar panels. They were bidding for the fourth phase of the Bhadla solar project in the Indian […]

World Bank lends $250m for Indian state’s power project

The World Bank is lending $250 million to help an Indian state improve the performance of its electricity distribution sector. The distribution companies (DISCOMs) in Rajasthan provide power to around 9.5 million customers. However, “a combination of high generation costs, inefficiencies and an accumulation of long-delayed tariff adjustments” have resulted in continuing losses for the […]

India gets $150m for green transmission lines

Two loans totalling $150 million (£92.4m) has been given to the Indian Government for infrastructure that will support renewable energy development in the country. The cash will be used in the state of Rajasthan for high-voltage transmission lines and substations which will be built by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL). It is the […]

Indian state plans world’s largest solar power plant

The Indian state of Rajasthan is set to be home to the largest solar power plant in the world. Reports claim six state-owned companies have joined forces and signed a Memorandum of Understanding (MoU) for the 4,000MW solar project in north-west India. The solar farm is expected to supply around 6,400 million units of clean […]

Indian state secures $500m for power transmission system

The Indian state of Rajasthan has secured investment worth $500 million (£309.5m) to build an electricity transmission system. It will link renewable projects such as solar and wind plants in the northwest state to local and national grids. The new system will include around 1,850 kilometres of transmission lines, mostly in western Rajasthan, three new […]

Indian state home to 5.6MW solar park

An Indian subsidiary of a Paris-based renewable energy firm has officially unveiled its first project in India. The 5.6MW solar park in the northwest state of Rajasthan is expected to generate 9,000MWh of electricity every year, enough to power around 20,000 Indian households. The project is part of the Jawaharlal Nehru National Solar Mission (JNNSM) […]

Indian Minister demands Rs. 1350 crore for power projects

An Indian Energy Minister has demanded a grant of Rs.1350 crore (£17million) for 32 power projects to help supply electricity to rural areas in the state of Rajasthan. Dr Jitendra Singh made the plea as he claimed the areas, with between 100 to 300 people, don’t have any electricity. He also said a million villages, […]

International solar body sees Indian promise

The Indian state of Rajasthan could become a world leading location for solar projects due to the high levels of solar radiation the region receives. Edwin Koot, CEO of international trade body Solarplaza said: “The conditions in Rajasthan are so favourable, that it will be amongst the most logical places in the world to implement […]