World’s Biggest Coal Company Closes 37 Mines as Solar Prices Plummet

The rapid growth in renewable energy continues to put a dent in the demand for coal. Coal India, the world’s biggest coal mining company and producer of 82 percent of the country’s coal, announced the closure of 37 mines that are financially “unviable.” The sites make up roughly nine percent …

Indian State-Owned Hydro Company Seeks Partner for 500 Megawatt Solar Venture

SJVN Limited is looking for a partner to set up a solar power capacity of 500 megawatts. The state-owned company plans a joint venture which will participate in the auctions organized by other public sector companies. In the proposed joint venture, SJVN will have a minimum of 26% share. Eligible …

Uttar Pradesh Will Acquire 750 Megawatts of Solar From Rajasthan

The unprecedented success of the Rewa and Bhadla solar power auctions has promoted several Indian states to undertake similar auctions. Now, Uttar Pradesh is planning to acquire 750 megawatts of solar power from a project located within the Bhadla solar power park in the neighboring state of Rajasthan. Officials of …

India To Auction 4,000 Megawatts Of Wind Energy Capacity This Year

Following the massive success of its first-ever wind energy tender, the Ministry of New & Renewable Energy in India is planning to launch another tender this year four times the size. The Solar Energy Corporation of India has announced that it will auction 4,000 megawatts of wind energy capacity this …

Indian Railways Proposes 800 Megawatt Solar Park

On the heels of the successful allocation of 750 megawatts of solar power capacity at record-low rates, the Indian Railways is now looking to replicate this model to ensure a cheap and sustainable power supply. The Indian Railways has approached the government of Madhya Pradesh with a proposal to set …