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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh

Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […]

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Adani Green Wins 1.25 GW Pumped Hydro Storage Project From UPPCL

Adani Green Energy Limited (AGEL), has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The Panaura PSP project has a minimum commitment of 40 years. It will be located in Sonbhadra district, Uttar Pradesh, and is expected […]

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NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh

NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […]

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UPPCL Issues Standalone BESS Tender For 300MW/1200MWh

Uttar Pradesh Power Corporation Limited (UPPCL) has now issued a tender for a standalone Battery Energy Storage System (BESS) project. The state power company has planned to develop 300 MW/1200Mwh of BESS project through this tender. The UPPCL tender document said that the project will be developed on Build-Own-Operate-Transfer (BOOT) basis. The company wants to […]

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Ashish Goyal Takes Over Reins of UPPCL as New CMD

Ashish Kumar Goyal has taken over the reins of UPPCL (Uttar Pradesh Power Corporation Limited) as its CMD.  Ashish is a seasoned IAS officer who belongs from the 1995 batch. He recently concluded a stint at central deputation. In May, last year, M Devaraj had stepped into the role of the Chairman of UPPCL and […]

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