hybrid project

Adani Green Raises $1.06 Billion To Refinance Rajasthan Hybrid Project

Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility, a $1.06 billion loan taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing raised for this refinancing has a door-to-door tenure of 19 years with a fully amortized debt structure that aligns with the asset’s lifecycle. […]

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Govt Amends Bidding Rules, Tightens Default Penalties

The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […]

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Adani Subsidiary Commissions 57.2 MW Hybrid Project At Khavda

Adani Renewable Energy Forty Eight Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 57.2 MW wind power component. This component is part of its wind-solar hybrid project at Khavda, Gujarat. The company informed its investors about its latest development today. In its regulatory filing before the exchanges, it said, “With […]

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CESC Awards 150 MW Wind-Solar Hybrid Project To Purvah

Kolkata-based power utility supplier, Calcutta Electric Supply Corporation (CESC), recently awarded 150 MW of wind-solar hybrid project to to its subsidiary Purvah Green Power Private Limited (Purvah). This was to meant to procure power from grid-connected wind-solar hybrid power projects. The project also offers an additional 150 MW capacity under the greenshoe option.  The company […]

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Airtel, AMPIN Energy Transition Partner For Wind-Solar Hybrid Project

Telecom firm Bharti Airtel recently signed an agreement with AMP Energy Green Three Private Limited, a special purpose vehicle (SPV) of AMPIN Energy Transition (formerly Amp Energy), to acquire 3,78,90,005 (26%) equity shares. To acquire power from this project, the companies formed the SPV to own and operate the captive power plant. In its regulatory […]

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JSP, Adyant, Green Prairie, AMPIN, Adani Renewables Secure NTPC’s 1.2 GW Hybrid Project

As the year comes to an end, NTPC, a Maharatna company, has announced five winners of its 1.2 GW wind-solar hybrid project (Hybrid 02) tender. NTPC awarded the project to JSP Green (Jindal Renewables), Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), AMPIN Energy Utility, and Adani Renewables Energy Holding Twelve (Adani Green). […]

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Khavda Adds Another 62.4 MW Wind For Hybrid Project From Adani

Continuing its momentum to add more renewable energy projects, Adani Green Energy’s (AGEL) step-down subsidiary, Adani Renewable Energy Forty Eight Limited recently commissioned a 62.4 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. Khavda is expected to see a string of projects over the next two years as it moves towards […]

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NHPC Opens Bids For 1.2 GW Wind-Solar Hybrid Tender

NHPC recently issued a tender to select developers for a 1.2 GW wind-solar hybrid project, with or without energy storage systems. The project includes a greenshoe option, and bids are invited until January 16, 2025. The bidders may use technology-agnostic resources such as crystalline silicon, thin film, or CPV technologies, with or without trackers, for […]

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IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project

The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations.  IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […]

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