March 2024    |    March 2024

News from March 2024

Installed Capacity of Indian Wind Power By End February 2024

Publish Date: 15-03-24

As per the information provided by Ministry of New & Renewable Energy (MNRE), Government of India, installed capacity of wind power projects in India has reached to 45153.67 MW as on 29th February 2024. During the FY 2023-24 from April 2023 to February 2024 around 2520.54 MW has been added.

MNRE May Restores 'Reverse Auctions' for Wind Project Bidding

Publish Date: 15-03-24

It is learnt that Ministry of New & Renewable Energy (MNRE) is planning to bring back the old method of 'reverse auctions' for selling wind power capacity to energy companies given the under subscription and higher tariff discovered in recent wind bids.

Maharashtra Invites Bids to Procure 500 MW Wind-Solar Hybrid Power

Publish Date: 15-03-24

It is learnt that Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 500 MW of wind-solar hybrid power on a long-term basis from grid-connected intrastate projects with an additional greenshoe option of up to 500 MW. The last day to submit the bids is April 4, 2024.

Result of NTPC's 1500 MW ISTS Wind-Solar Hybrid Auction

Publish Date: 15-03-24

It is learnt that Results for NTPC Limited’s auction to develop 1,500 MW of inter-state transmission system (ISTS) connected wind-solar hybrid power projects, tranche IV, have been announced. The tender for the project was issued in December 2023. The projects will be located anywhere in India. ABC Cleantech (Axis Energy) has won 750 MW by quoting Rs 3.27 per kWh. While Juniper Green Energy has won 300 MW by quoting Rs 3.29 per kWh,  ACME Cleantech Solutions has won 150 MW and ReNew Solar Power has won 300 MW by quoting a tariff of Rs 3.32 per kWh.

Suzlon Secures Wind Power Project From EDF Renewables

Publish Date: 15-03-24

It is learnt that Suzlon Group has bagged a new order for developing a 30 MW wind power project for EDF Renewables. The work involves the installation of 10 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each.

Adani Electricity Invites Bids For 600 MW Wind Project Across India

Publish Date: 15-03-24

It is learnt that Adani Electricity, Mumbai recently issued a tender regarding 600 MW of power from grid-connected wind projects. The tender pertains to inviting project developers from across India and these projects can be established anywhere in India.

Sembcorp Bags 440 MW Wind-Solar Power Project in India

Publish Date: 15-03-24

It is learnt that Sembcorp Industries through its arm Green Infra Wind Energy Ltd (GIWEL) has bagged a 440 MW wind-solar hybrid power project from SJVN Ltd. The build-own-operate project is part of a 1.5GW bid issued by SJVN in September 2023.

CIL Partners With RRVUNL for 4100 MW Power Generation Projects in Rajasthan

Publish Date: 15-03-24

It is learnt that Coal India Limited (CIL) has entered into a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to jointly explore and develop power projects with a total capacity of 4,100 MW. This collaboration marks a significant step towards augmenting power generation through a mix of coal-fired, solar, pump storage, and wind energy projects, aimed at meeting the escalating energy demands of Rajasthan.

BluPine Energy Secures Loan For Wind Project in Gujarat

Publish Date: 15-03-24

It is learnt that Gurgaon-based BluPine Energy has secured loan for its 198 MW wind project situated in Gujarat, which it had won under Gujarat Urja Vikas Nigam's (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects (Phase-III) in 2022.

SECI Issues Tender for 1.2 GW of ISTS-Connected Wind-Solar Hybrid Projects

Publish Date: 01-03-24

It is learnt that SECI has issued tender for 1.2 GW of ISTS-Connected Wind-Solar Hybrid Projects. The Solar Energy Corporation of India (SECI) has invited bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche VIII) in the country.

NHPC Invites Bids for Supply of 1200 MW Wind Power

Publish Date: 01-03-24

It is learnt that NHPC Limited has invited bids for the supply of 1200 MW power from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) in Tranche-2. Six states—Tamil Nadu (500 MW), Andhra Pradesh (250 MW), Maharashtra (200 MW), Telangana (100 MW), Madhya Pradesh (100 MW), and Karnataka (50 MW)—will share a total capacity of 1,200 MW for injection at ISTS substations. The bid submission deadline is February 28, 2024, with the bid opening scheduled for March 4, 2024.

Solar and Solar Wind Hybrid Power Central Pools Commence Operations

Publish Date: 01-03-24

It is learnt that The Ministry of Power has declared that the central pools for solar power and solar-wind hybrid power have begun operations from February 15, 2024. Any interstate transmission system (ISTS) connected solar and solar-wind hybrid capacity bid after this date will fall under their corresponding pools.

Juniper, O2 Power and Avaada Win NHPC's 1.5 GW Wind-Solar Hybrid Auction

Publish Date: 01-03-24

It is learnt that results for NHPC’s auction to develop 1,500 MW of inter-state transmission system connected wind-solar hybrid power projects have been announced. The tender was issued in November 2023. The projects will be set up anywhere in India. By quoting Rs 3.48 per kWh, Juniper Green Energy has won 150 MW. While Energizant Power (O2 Power) and Avaada Energy have won 300 MW and 510 MW, respectively, by quoting Rs 3.49 per kWh. Out of the total tendered capacity, only 960 MW was auctioned.

Sembcorp Closes 228-MW Windfarm Purchase in India

Publish Date: 01-03-24

It is learnt that Singapore's Sembcorp Industries Ltd (SGX:U96) has wrapped up the acquisition of a duo of Indian companies holding the rights to 228 MW of wind farms in the South Asian country. The special purpose vehicles were purchased by Sembcorp's subsidiary Green Infra Wind Energy Ltd.

Juniper Green Energy, Envision Tie Up to Develop 300-MW Wind Project

Publish Date: 01-03-24

It is learnt that Juniper Green Energy and Envision Energy have collaborated for the development of a 300-MW wind energy project in Gujarat. Envision will supply 91 units of EN 156-3.3 MW WTGs (wind turbine generators) and oversee the installation, commissioning and maintenance of all WTGs. The project is expected to be commissioned in a phased manner by the end of 2025.

BluPine Energy to Create 4 GW of RE Assets in Five Years

Publish Date: 01-03-24

It is learnt that Renewable power producer BluPine Energy is eyeing to create 4 Gigawatts (GW) of solar and wind power as well as hybrid assets complemented with battery energy storage (BES) in the next five years in India.

CleanMax & Bangalore International Airport sign PPA for 45 MW Wind-Solar Project

Publish Date: 01-03-24

It is learnt that Clean Max Enviro Energy Solutions (CleanMax), a C&I renewable energy company, has secured a 25-year power purchase agreement with Bangalore International Airport Ltd (BIAL) for a 45.9 MW solar-wind power project. It will develop the project through a special-purpose vehicle named Clean Max Bial Renewable Energy.

The power project will be set up in a solar-wind farm located in Jagaluru, Karnataka, owned and operated by CleanMax. It will consist of 36 MWp of solar power and 9.9 MW of wind power plants.

Serentica to Provide Uninterrupted Green Power Through a Mix of Renewables

Publish Date: 01-03-24

It is learnt that Renewable energy developer Serentica Renewables is strategically employing a diverse mix of solar, wind, and energy storage technologies. The company has recently embarked on a collaborative effort centering around a standalone energy storage offtake contract.

K.P. Energy commissions further 25.2 MW ISTS connected wind power project

Publish Date: 01-03-24

It is learnt that KP Energy has successfully commissioned further 25.2MW (Phase-VI) ISTS connected Wind Power Project comprising 12 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-VI commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract.