The tariffs bid in the 550MW solar auction conducted by the Uttar Pradesh New and Renewable Energy Agency (UPNEDA) are reported to have been 4.7% lower than in previous years.
Kerala State Electricity Board (KSEB) is reported to have gained approval to develop 200MW of solar photovoltaic (PV) projects in Kerala to meet its renewable purchase obligation (RPO).
SB Energy, owned by SoftBank, and Adani Green Energy have won 840MW in the 1,200MW wind solar auction run by the Solar Energy Corporation of India (SECI), according to the Economic Times.
Hero Future Energies is reported to be close to buying the solar power generating assets of Waaree Energies Ltd in a US$66m deal.
The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) is reported to have issued a tender for the purchase of power on long-term basis from 1,000MW of grid-connected solar photovoltaic power projects.