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Old September 10th, 2011, 08:37 PM   #41
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Anil Ambani meets Gehlot

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Jaipur: Industrialist Anil Ambani met Chief Minister Ashok Gehlot on Wednesday at his official residence and discussed in detail about setting up of solar energy plants in the state.

Ambani who is the chairman of Anil Dhirubhai Ambani informed Gehlot that his group is willing to set up solar power plant of 500 MW capacity in the state with approximate investment of Rs 8000 crore.

Ambani also informed Gehlot that work is in progress for the solar thermal power plant of 100 MW under Jawaharlal Nehru National Solar Mission while work on 40 MW Solar PV Plant would also commence soon. He requested the CM for quick action regarding earmarking land for the remaining power plants.

Discussing the industrial development in the state, CM said that environment in Rajasthan is conducive for setting up industries and investment promotion. He said government has enacted Single Window Act to provide facilities to investors and it has brought positive results.

CM asked Ambani to begin work on proposed old age home in Jaipur. The land for this purpose had already been allotted during the previous government.

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Old September 10th, 2011, 08:59 PM   #42
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'Jaisalmer has potential to fulfil nation's power needs'
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Old September 11th, 2011, 04:44 PM   #43
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Solar project: L&T bags order from Reliance Power

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CHENNAI, SEPT. 9:
L&T officials today confirmed to Business Line that the company has won the order from Reliance Power for executing a part of the 100 MW solar PV plant at Pokaran in Rajasthan.

L&T did not wish to disclose the value of the “balance of systems EPC” contract, but industry sources put it at around Rs 4 crore a MW.

PV modules

The PV modules for the plant will be supplied by the American company, First Solar. L&T's job is to put up the plant for Reliance Power. The project is therefore a confluence of three large corporate entities — Reliance, L&T and First Solar.

Reliance Power, which is also a thermal power producer, is putting up a 300 MW solar park in Rajasthan. The effort is believed to meet its obligations to purchase (or produce) renewable power. A third of the proposed capacity will come under the PV technology, while another 100 MW will be a solar thermal plant, for which Reliance is partnering with Areva, USA. Reliance is yet open about the third 100 MW, sources said

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Old September 11th, 2011, 04:45 PM   #44
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SEPC bags 50 MW solar thermal power project in Rajasthan

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CHENNAI (Commodity Online): Shriram EPC Limited (BSE: SHRIRAMEPC: 532945; NSE: SHRIRAMEPC), has been award an order amounting to Rs. 640 crore from Abhijeet Projects Limited for a 50MW Solar Thermal Power Plant in the Jaisalmer district of Rajasthan.

The Project is owned by Corporate Ispat Alloys Limited (CIAL) which has won this 50 MW Solar Thermal Project through competitive bidding under Jawaharlal Nehru Solar Mission.

The CIAL has entered into 25 year Power Purchase Agreement (PPA) with NTPC Vidyut Vyapar Nigam Limited (NVVN).

CIAL also entered into a Technology agreement with Ener-T International Ltd, Israel for providing the Solar Technology to this project. SEPC will execute the EPC work in partnership with ENER-T International Limited, Israel- a leading Technology & Engineering provider for Solar Thermal Projects.

The scope of work includes the design, engineering, procurement, supply, erection, testing & commissioning for the entire project. And also the project entails setting up of a raw water storage system which includes a facility for pre-treatment of water and storage capacity for 60 days consumption. The project is scheduled for completion in 20 months.

"This contract win is significant for Shriram EPC as it marks our foray into the solar power vertical. We have further broadened our service offerings in the renewable energy space as we now offer competencies in Wind Power, Biomass Power as well as Solar Power. We are actively pursuing opportunities in these verticals as we foresee strong prospects for the renewable energy industry in the future.” Said Mr. T. Shivaraman, managing director and ceo of Shriram EPC Limited.

The company is confident on offering enhanced services, timely delivery and focus on heightened efficiency.

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Old September 16th, 2011, 07:15 PM   #45
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Jyoti Structures buys 50% stake in Lauren

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Jyoti Structures Ltd said on Thursday it acquired a 50 percent stake in Lauren Engineers and Constructors India Pvt Ltd, a unit of engineering, procurement and construction firm Lauren Engineers and Constructors Inc.

Details, including the financial terms of the acquisition, were not disclosed.

Jyoti Structures had formed a joint venture with Lauren Engineers and Constructors Ltd, and the joint venture firm has won a 5.51 billion rupee contract to set up a 50 MW solar thermal power plant in Rajasthan, it said.

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Old September 27th, 2011, 02:42 PM   #46
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Areva T&D bags Rs. 40 crore solar power contract from RPower

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French firm Areva's Indian arm Areva T&D on Tuesday said it has bagged a contract from Reliance Power for the execution of a solar power project.
Areva T&D India's transmission business, now part of Alstom Grid, has been awarded a Rs. 40 crore contract by Reliance Power for design and construction of the 350-MW Doorsar solar power plant in Rajasthan, a company statement said.

The turnkey contract involves the design and construction of the sub-station, including transformers, control, protection, monitoring systems and civil works at the plant.

"Areva T&D India is proud to partner with Reliance Power in this prestigious project to offer its sub-station for the country's largest solar power plant," Areva T&D India Limited Managing Director Rathin Basu said.

On June 7, 2010, the global activities of Areva T&D were acquired by a consortium of Alstom and Schneider Electric.

Following this acquisition, high voltage transmission and power electronics activities were put under the control of Alstom and medium voltage activities under the control of Schneider Electric.

However, Areva T&D India will continue to operate under the Areva T&D name until the appropriate judicial process for separation of the businesses, according to Indian regulations, has been completed.



Read more at: http://profit.ndtv.com/news/show/are...ower-180165?cp
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Old September 27th, 2011, 08:23 PM   #47
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Old September 27th, 2011, 08:30 PM   #48
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The country's largest solar power plant
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Old September 28th, 2011, 07:27 AM   #49
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WOW...that's imaging! The country's largest wind turbine maker Suzlon today won a Rs 865-crore order from the Vedanta Group firm Hindustan Zinc to set up wind farms in four states which will together generate 150 megawatt (MW).
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Old September 30th, 2011, 07:08 AM   #50
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Raj passes environment test, gets power boost

Jaipur: The Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) will soon get environmental clearance for Parsa East and Kante Basan coal blocks in the Hasdeo-Arand forest region of Chhattisgarh. The RRVUNL had already received the initial phase of forest clearance earlier in July this year. The state government has now applied for fresh coal blocks in the nearby regions.


Energy minister Jitendra Singh informed that expert appraisal committee of Union ministry of forest and environment has given its consent during its recent meeting held at Nagpur. He said that he was personally monitoring the concerned departments for getting this clearance. Singh said that within 10-12 months, after getting approval, the state will start getting the coal from these blocks for various power projects in the state.


"Kalisindh Jhalawar (2 x 600 MW) and Chhabra (2 x 250 MW) are already under construction. Similarly, the government has also undertaken the work of establishing four super critical thermal units of 660 MW each at Suratgarh and Chhabra. These coal blocks, which have the capacity of 450 million tonne, will provide essential fuel to these units," said Jitendra Singh.
The clearance would help the state in achieving the target of power generation, he added. Earlier, the then Union environment minister, Jairam Ramesh had rejected the final recommendations of the Forest Advisory Committee (FAC) and decided in favour of the Rajasthan and Chhattisgarh governments' requests to open up Tara, Parsa East and Kante Basan coal blocks, the last two had been allocated to Rajasthan.


Rajasthan got sanction for 15 years in first phase, covering 762 hectares, allowing it to receive 10 million tonnes of coal every year on the condition that the coal would be used exclusively for super critical thermal power plants.

Source: http://daily.bhaskar.com/article/RAJ...t-2468976.html
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Old October 5th, 2011, 10:00 PM   #51
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कोल बेड मिथेन से बनेगी 5500 मेगावाट बिजली

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बीकानेर/जोधपुर.बीकानेर जिले में कोल बेड मिथेन गैस से 5500 मेगावाट बिजली का उत्पादन होगा। यहां मिथेन गैस के भंडार मिलने के बाद चार स्थानों पर कुएं खोदकर गैस की मात्रा का आकलन करने का काम नवंबर से शुरू हो जाएगा।

बीकानेर में 950 मिलियन घन मीटर कोल बेड मिथेन गैस के भंडार मिलने की संभावना है। इसके दोहन से बीकानेर में 5500 मेगावाट बिजली उत्पादन या 2500 टन प्रतिदिन क्षमता के यूरिया प्लांट्स और बीकानेर स्थित सिरेमिक इंडस्ट्री को ईंधन की आपूर्ति सुनिश्चि होगी। राज्य सरकार ने इसके लिए परियोजना तैयार की है।

क्या है कोल बेड मिथेन :

भूगर्भ पर्यावरणविद राकेश आचार्य के अनुसार कोल बेड मिथेन अति ज्वलनशील गैस है। मिथेन गैस जमीन में करीब 700-800 मीटर की गहराई में मौजूद लिग्नाइट (कोयला) की परतों के बीच में पाई जाती है। ये गैस बिजली उत्पादन, यूरिया और ईंधन के रूप में काम आती है।


महानिदेशक हाइड्रोकार्बन तेल एवं उद्योग विकास बोर्ड (ओआईडीबी) तथा केन्द्र सरकार के तेल एवं प्राकृतिक गैस मंत्रालय की ओर से 3.72 करोड़ रुपए का अनुदान मिलने के बाद बीकानेर के लालमदेसर, सूडसर, राणासर और सतियासर में ड्रिलिंग के लिए निविदाएं भी ले ली गई हैं।

एक कमेटी गठित कर काम शुरू करने के लिए महाराष्ट्र, हरियाणा, दिल्ली व आसनसोल की चार फर्मो में से किसी एक का चयन किया जाएगा। गौरतलब है कि पूर्व में बीकानेर में सर्वे कर लिग्नाइट रिफलेक्टर को प्रमाणित किया गया और 11 हजार वर्ग किमी क्षेत्र कोल बेड मिथेन गैस के अनुसंधान के लिए चिह्न्ति किया गया था।


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Old October 22nd, 2011, 06:34 PM   #52
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Mahindra to enter solar energy

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CHENNAI: The $12.5 billion Mahindra group is diversifying into solar energy through its in-house private equity arm Mahindra Partners. The solar business, part of Mahindra's Clean Tech vertical, will be involved in on-grid solar plants, off-grid or captive solar plants, solar power products and EPC contracts. Mahindra Solar has already bagged a 5MW project in Rajasthan which will be up and running by January 2012. It will also bid for projects in states like Gujarat, Rajasthan and Karnataka, which are taking the lead in solar energy under the National Solar Mission. The solar business will look for private equity participation once it goes beyond what the company calls the "testing and incubation" stage. Mahindra Clean Tech is also interested in getting into water treatment and water management as well as energy efficiency as business opportunities under the Clean Tech vertical.

Speaking to TOI, Parag Shah, managing partner, Mahindra Partners said: "Under Mahindra Partners - which not only handles diversified businesses like logistics, steel, retail but also incubates new businesses - we have been researching clean technologies for the past two-and-a-half to three years. We have launched the Clean Tech vertical by incubating Mahindra Solar. Given India's energy needs and fact that the government is backing it up through the National Solar Mission makes this an interesting opportunity. Combined with Mahindra's frugal engineering skills the larger corporate philosophy captured by the 'Rise' campaign, this is a sector we definitely want to be a part of."

Mahindra Solar will have three different business lines. It will have an on-grid business which will contribute power to the grid. It will also have an off-grid business for captive solar plants as well as a solar power product line. Besides it will undertake EPC (engineering, procurement and construction) contracts to build solar power plants. Mahindra EPC is executing the Rajasthan project in which Mumbai-based Kiran Energy - a solar energy start up founded by Ardeshir Contractor, formerly head of KPMG's Investment Banking business in India, and Alan Rosling, a former Executive Director of Tata Sons - has taken a "significant stake," said Shah. "As we go along we may invite private equity players or more strategic partners like Kiran Energy," he added.



Apart from funding part of the Rajasthan project, Kiran will also be involved in future projects handled by Mahindra Solar. "As we go along they will fund more projects with us. Kiran brings solar power- specific skills because they want to create a vertical integrated business around solar power. Combined with Mahindra EPC, it means an end-to-end solution that can expanded across the country," said Shah. Mahindra EPC would not only take up in-house contracts but also handle third-party outside contracts as part of its business plan.

Although the power produced by the Rajasthan plant will be consumed by the state electricity board, Mahindra Solar has signed the power purchase agreement with a more financially solvent entity - NTPC Vidyut Vyapar Nigam (NVVN) which is a 100% subsidiary of power giant NTPC. Beyond the Rajasthan plant, Mahindra Solar is looking to participate in the second phase of bidding for NVVN projects as well as state level projects under the National Solar Mission. "We may also look at acquiring projects that haven't taken off under the National Solar Mission," said Shah.

The company is tight-lipped about investments but is clear it will not mind picking up a portfolio investment in another related company if it brings relevant technology and IPR to Mahindra Solar. As for private equity and venture capital funding, Mahindra Solar is open to it because "apart from the funding, PEs and VCs bring a certain rigour to the table," said Shah.

cc:TOI
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Old November 2nd, 2011, 07:41 PM   #53
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Rajasthan exempts entry tax on solar photovoltaic goods

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JAIPUR: The Rajasthan government has decided to fork out entry tax exemption on capital goods brought into the state for initial setting up of the solar power plants based on photovoltaic technology.

Rajasthan Renewable Energy Corporation executive director M M Vijayvargiya told ET that the state government will provide a tax exemption of 4% on entry of 43 capital goods like solar PV module, battery, inverter, lighting panels and solar monitoring stations among other goods used in solar power plants.

"This will expedite the work of existing solar power plants at the same time encourage other developers to start the installation work. We are also expecting to get the similar tax exemption on solar power plants based on thermal solar technology," he said. At present, 22 solar photovoltaic power plants of 5 MW each and one 40 MW plant are under the installation stage.

For solar thermal power, the state has got five projects of total 400 MW, including three projects of 100 MW each and two projects of 50 MW each. The state government has recently come out with its solar policy which aims at creating solar power generation capacity of 10,000 to 12,000 MW in the next 10-12 years.

The policy, besides attracting developers for setting up solar power plants, also envisages setting up solar parks of more than 1000 MW capacity in identified areas of Jodhpur, Jaisalmer, Bikaner and Barmer. These solar parks would consist of power plants, manufacturing units, R&D units and training centers.

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Old November 3rd, 2011, 05:32 AM   #54
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bahut hi badhiya.... rajasthan ko bhi ab aagey aana hoga... solar plants waha bahut kaam aayenge
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Old November 8th, 2011, 05:51 PM   #55
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Reliance Power readies Rs 525 cr for Jaisalmer project

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MUMBAI: Reliance Power has tied up loans of Rs 525 crore from US Exim Bank and Asian Development Bank to finance its 40-mw photovoltaic solar power project in Jaisalmer district in Rajasthan, company officials told ET.

The Anil Ambani-led power generator, which has been facing fuelrelated issues in its coal and gasbased projects, is looking at expanding its renewable energy sources to reduce risks. The company aims to invest Rs 11,000 crore in the next three years to set up 500 mw of solar and 400 mw of wind energy capacity.

Confirming the raising of funds for the 40-mw solar unit, Reliance Power's Chief Executive Officer JP Chalasani said in an email, "This is the first solar power project to achieve financial closure with global lenders only, resulting in substantial savings."

"This financing also re-affirms the long-term relationship between Reliance Power and prestigious global lenders like ADB and US Exim bank, who are willing to provide financing to our projects even in the current challenging global environment," he added.

The Rs 525-crore debt raised for the solar project includes Rs 304 crore from US Exim Bank and Rs 221 crore from ADB. Sources said the debt has been raised for 18 years at an interest rate of 3-4%. Reliance Power is procuring the photovoltaic solar modules for the plant from US-based First Solar.

The project, which is scheduled to be completed by 2012, will sell electricity to group company Reliance Infrastructure at regulated rates. Reliance Power, which has an operational capacity of 600 mw, aims to have a capacity of 5,000 mw by 2012.

The Anil Dhirubhai Ambani Group company is a power developer and owns coal mine assets. Chairman Ambani had told shareholders at the company's annual general meet in September that the company aims to become India's largest green power company.

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Old December 2nd, 2011, 07:31 PM   #56
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Suzlon, Coromandel Wind Energy tie-up for Rs470-cr project

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The giant player in the energy sector Suzlon has tied-up with Chennai-based Coromandel Wind Energy Limited (CWE). Suzlon, India’s largest wind turbine manufacturer, will be involved in a project of 36 units of Suzlon’s new S97-2.1 MW wind turbine generators, which willbe commissioned in the fiscal year 2012-13.

Under this agreement, Suzlon will set up, operate and maintain a 75.6 MW wind power project for Coromandel Wind Energy in Rajasthan. The deal is valued at nearly Rs470 crore. CWE is established by a team of highly successful Indian and international promoters.

Dr Arun Subbiah, director, CWE said, “The company has been set up to be a preferred investment vehicle for foreign and local investors targeting the booming energy sector in India. The company plans to list on a recognised exchange either in India or London at the appropriate time and is expected to achieve a market capitalisation in excess of $250 million by 2014.”

The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier in terms of cumulative installed capacity at the end of 2010.

The company’s global spread extends across Asia, Australia, Europe, Africa as well as in North and South America with over 18,000 MW of wind energy capacity installed in 28 countries and operations in over 32 countries. The group has a workforce of over 13,000.

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Old December 5th, 2011, 06:08 PM   #57
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JSW Energy commences 135MW unit IV at Barmer project

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JSW Energy has announced that Unit IV of 135MW of the 8X135MW Power Project at Barmer, Rajasthan, has been successfully commissioned and has achieved commercial operation date (COD) from Dec. 4, 2011.
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Old December 5th, 2011, 06:13 PM   #58
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ADB grants $48 mn loan to RPower's solar project in Rajasthan

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Multilateral funding agency Asian Development Bank today said it would provide $48 million (Rs 250 crore) loan to Reliance Power for its solar energy project in Rajasthan.

"ADB is providing a long-term loan of up to $48 million to finance the 40 MW Dahanu Solar Power Project located at Jaisalmer in Rajasthan," an official statement said. The project is expected to be completed by the second quarter of 2012.

Rajasthan has one of the highest levels of solar irradiation in India.

"India's solar energy potential is one of the highest in the world and this plant will help kick-start large-scale, private-sector solar electricity generation in the country," said Michael Barrow, Director in ADB's Private Sector Operations Department.

Reliance Infrastructure Ltd will buy the electricity under a long term power purchase agreement to fulfil its renewable purchase obligations set by electricity regulators the first fully private sector transaction for solar power.

The power will be distributed to households in Mumbai.

The plant marks RPowers entry into the solar energy business and is part of the companys plans to expand the renewable energy portfolio.

The Export Import Bank of the US is also providing funding for the project that is expected to cost around $147 million, the statement said.

The project will support the government's push to promote environmentally sustainable energy growth while diversifying the country's sources of energy.

By supplying electricity from a clean and renewable source, India will avoid around 41,000 tonnes of carbon dioxide emissions a year, had the demand been met by conventional fossil fuel-based power plants, the statement said.

ADB provides partial credit guarantees to lenders willing to fund solar power projects of up to 25 MW. The facility is designed to help reduce risk for the private sector, and to mobilise long-term funding for solar energy development.

ADB aims to help develop, finance and commission 3,000 MW of solar power generation capacity in its developing member countries by mid-2013.

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Old December 12th, 2011, 08:42 PM   #59
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Ajmera Realty forays into solar power with Videocon

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Mumbai, Dec 12 (PTI) Real estate developer Ajmera Realty & Infra today entered into a joint venture with the Videocon Group to make a foray into the solar power sector. Ajmera Biofuel, a 100 percent subsidiary of Ajmera Realty, has entered into a joint venture with Videocon and formed form Comet Power Private in which wherein Ajmera will hold 49 percent and the rest 51 percent shall vest with the latter, Ajmera said in a filing to the BSE. The newly-formed company Comet Power has invested Rs 86 crore to set up 5.75mw solar power project in Jodhpur, Rajasthan, the company said in a statement here. "This is the first set of solar projects approved and commissioned under the Jawaharlal Nehru National Solar Mission launched in January 2010. We will be adopting the poly crystalline silicon solar photovoltaic (SPV) cell technology for the project," Ajmera business head of renewal space Nimish Ajmera said. The project achieved grid connectivity on October 15 and has commenced supplying the high tension power to the Rajasthan grid, the release said. Comet Power has signed power purchase agreement for 25 years with a subsidiary of NTPC under the Jawaharlal Nehru National Solar Mission. PTI PSK BEN VKV

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Old December 15th, 2011, 05:01 PM   #60
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Rajasthan opens bidding for 100 MW solar power projects

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As predicted by Headway Solar, Rajasthan has opened the bidding process for 100 MW of Solar Power Projects by bring out the RfS document on 15 December, 2011.

Highlights of the RfS

As per clause no.9 and 11.3 of solar policy, the Rajasthan Renewable Energy Corporation Limited (RREC), as the Nodal Agency and on behalf of Discoms of Rajasthan, will select solar power producer for setting up of five to 10 MW (AC) capacity power plants (total capacity 100 MW).

Selection of these solar power projects shall be through tariff based competitive bidding process. The bidder is free to choose any solar PV power generation technology viz crystalline silicon solar cell modules / thin film modules /concentrated PV modules/ any other technology manufactured in India or imported.

The RfS shall be issued to the bidders on any working day from 15 Dec, 2011 to 25 January, 2012, between 10:00 hours (IST) and 17:00 hours (IST) by RREC. The bids must be delivered to the address as given in Clause 2.0 on or before 15.00 hours (IST) on 30.1.2012. The capacity of each solar PV project shall be five MW±5% AC or 10 MW ±5% AC. Five MW AC capacity means five MW AC output at inverter.

Prospective bidders interested to participate in the bidding process are required to submit their RfS document along with a non-refundable processing fee at Rs10,000.00 (Rupees ten thousand ) per MW. Companies incorporated under the Company’s Act 1956 are eligible on standalone basis or as a part of the bidding consortium. A foreign company can also participate on standalone basis or as a member of consortium at RfS stage. But before signing of PPA it has to form an Indiancompany registered under the Company Act, 1956.

Companies shortlisted in RfS / RfP can also execute the project through a Special Purpose Vehicle (SPV). The “Net Worth” of the bidder should be equal to or greater than Rs3 crore per MW or equivalent US$. Net Worth = Paid up Share capital (1. Which includes Paid up Equity share capital and 2. Fully, compulsorily and mandatorily convertible Preference Shares and 3. Fully, compulsorily and mandatorily convertible Debentures) Add: Free Reserves Subtract: Revaluation Reserves Subtract: Intangible Assets Subtract: Miscellaneous Expenditures to the extent not written off and carry forward losses.

For a newly incorporated company/consortium relying solely on its own credentials, where the annual account has not been prepared, the net worth criteria should be met as on day not more than seven days prior to the last date of submission of response to RfS by the bidding companies/consortium. It is not necessary to have the technology partner at RfS stage. Further it is also not necessary for the technology partner to have an equity stake in the bidding company/consortium.

Guarantee/bond submitted by foreign companies must be submitted through banks having branches in India as per list given at format 6.10 / correspondent banks in India. The RERC tariff order for solar plants dated 25.5.2010 is applicable for the projects which have signed a PPA by 31.3.2011 and to be commissioned by 31.3.2012.

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