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Tender, Tariff, and Takers: 2024 A Brief Review

The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh

Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […]

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SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble

In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […]

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UPNEDA Plans Floating Solar Project On 35 Dams, Issues Tender

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued an Expression of Interest (EOI) from floating solar project developers. The tender is meant to gather information on the feasibility of floating solar power projects in the state and engage with potential developers. The last date for submitting bids under the tender is […]

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JREDA Issues EoI To Build Ground Mounted On-Grid Solar Plant

The Jharkhand Renewable Energy Development Agency (JREDA) has decided to expand the state’s current ground-mounted solar capacity from the current capacity of 21 MW. It has now put forth a tender in this regard too. The JREDA tender sought to expand the on-grid solar projects in the state by seeking expressions of interest (EOI) from […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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APTEL Backs Sanctity of PPA For Wind Developer In Andhra

In an order that should serve as a marker of PPA sanctity, the Appellate Tribunal For Electricity (APTEL) has ruled against any tinkering with the tariffs committed to in PPAs between generators and discoms. In doing so, APTEL set aside an order of the APERC that allowed the same for Andhra discoms. Green Infra Wind […]

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MNRE Denies RE Projects Failing To Secure PPAs

The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […]

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