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CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects

In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s  1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024.  The projects will now await the signing of formal PPAs, […]

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Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt

The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […]

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Adyant Enersol, UPC Renewables Win SJVN’s 170 MW Wind Energy Project

SJVN has announced Adyant Enersol (Datta Infra) and UPC Renewables as the winners of its 600 MW wind energy project. These winners are expected to develop inter-state transmission system (ISTS)–connected wind power projects on a build-own-operate basis. The tender for this project was released in March 2024, and the results were announced after 10 months. […]

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RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low

Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh.   Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […]

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NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders

NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […]

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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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NTPC 1.2 GW Solar Project Results- 6 Winners Announced

NTPC has announced six winners for its 1.2 GW solar project tender with a greenshoe option. The winners are Bharat Petroleum Corporation Limited (BPCL), Onward Solar Power, ReNew Solar Power, Illuminate Hybren, Adyant Enersol, and DineshChandra R Aggarwal. Collectively, these projects amount to 1,020 MW, with an additional greenshoe option of 600 MW. According to […]

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SECI’s 9.29 GW Of Renewable Projects Still Await Buyers

The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […]

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Powerica Wins 50 MW Wind Energy Project From SECI

The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […]

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