tariff-based competitive bidding

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    Rajasthan Solar Projects: ACME Adds to Growing PPA Portfolio

    New Delhi, March 12 Acme Solar Holdings announced on Thursday that its subsidiary, ACME Greentech Seventh Pvt Ltd, has signed two power purchase agreements (PPAs) with SJVN Ltd to supply 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) Power Project.The PPAs were signed on March 2...
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    Vellimalai Pumped Storage Project to Boost Renewable Energy in Kanyakumari

    Chennai, March 5 – In a major step towards strengthening the integration of renewable energy and peak power management, the Tamil Nadu government has initiated the process to develop the 1,000 MW Vellimalai Pumped Storage Hydro-Electric Project in the Kanniyakumari district.The state-run Tamil...
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    Cabinet Approves Powergrid Expansion for Transmission Projects

    New Delhi, February 24 The Union Cabinet on Tuesday approved a proposal to increase the equity investment threshold for public sector enterprise Powergrid from ₹5,000 crore to ₹7,500 crore per subsidiary, enabling it to bid for capital-intensive transmission projects.The decision was taken by...
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    Government Supports POWERGRID's Renewable Energy Expansion

    New Delhi, February 24 – The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved on Tuesday an enhanced delegation of powers to Power Grid Corporation of India Limited (POWERGRID), increasing the company's permissible equity investment limit from the...
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    New Solar Energy Storage Project Set for Pavagada Solar Park

    New Delhi, February 11 Pace Digitek announced on Wednesday that it has secured a 250 MW solar project with a 1.1 GWh battery energy storage system worth ₹1,775 crore from Karnataka Renewable Energy Development Ltd.The project involves setting up a 250 MW solar PV power project integrated with...
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    New Solar Project in Madhya Pradesh to Boost Renewable Energy Capacity

    New Delhi, February 10 Ceigall India announced on Tuesday that it has secured a 220 MW solar project integrated with a battery energy storage system worth Rs 1,700 crore from Rewa Ultra Mega Solar Ltd.The project was awarded through a tariff-based competitive bidding process, the company said...
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