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GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month

Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from ₹2.80 lakh to ₹2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of […]

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Sarla, Oriana & Pace Digitek Get 350 MWh In Karnataka’s 1 GWh BESS Tender

Karnataka Power Transmission Corp Ltd (Kptcl) awarded its 350 MW battery energy storage (BESS) project to three winners namely, Sarla Project Works, Oriana Power, and Pace Digitek. KPTCL released this tender in March this year, 2025 and declared winners within a month, one of the fastest transitions from announcement to results. The bulk power procurer […]

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MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project

The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […]

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Inox Wind Bags 153 MW Supply Order For Tamil Nadu Project

Inox Wind Limited (IWL) has secured a 153 MW order from a leading renewable energy developer, which is part of a large global clean energy company. This order is for the supply of IWL’s 3 MW-class turbines for a project developed by a Tamil Nadu-based company. Additionally, IWL will provide limited-scope EPC services for the […]

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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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