It is learnt that the Central Electricity Regulatory Commission (CERC) has adopted the tariffs for Solar Energy Corporation of India's (SECI) 900 MW wind-solar hybrid power projects (Tranche VII). The Commission approved the tariffs of INR 3.15 /kWh and INR 3.21/kWh and a trading margin of INR 0.07/kWh.
It is learnt that the Ministry of Power (MOP) is inviting public feedback on proposed amendments to the Guidelines for Tariff Based Competitive Bidding Process for procuring power from renewable energy projects. These projects include solar, wind, wind-solar hybrids, and renewable energy with energy storage systems.
It is learnt that NTPC Ltd is in the process of tendering bids from hybrid power generators for supply of 1.2 GW of power from wind-solar hybrid power projects with greenshoe option for an additional 600 MW of capacity.
It is learnt that The Maharashtra State Electricity Distribution Company (MSEDCL) has announced the winners of its 1,650 MW wind-solar auction. JSW Neo secured a total of 600 MW of which 400 MW is under the greenshoe option. Tata Power secured a total 400 MW including 200 MW greenshoe option and Avaada Energy was awarded 500 MW (13 MW plus 487 MW greenshoe). Juniper Green secured 150 MW with half of it being under the greenshoe option. All the bids were won at a tariff of Rs. 3.60 per kWh.
It is learnt that Sembcorp Industries, through its wholly-owned renewables subsidiary Sembcorp Green Infra Private Ltd, has received the Letter of Award (LOA) for a 150 MW Inter State Transmission System (ISTS) connected wind-solar hybrid power project (the Project) from Solar Energy Corporation of India Ltd (SECI).
It is learnt that Suzlon Vice Chairman Girish Tanti has been appointed as the chairman of Indian Wind Turbine Manufacturers Association (IWTMA). Saravanan Manickam, the Country Head (VP India) of Nordex has been appointed as vice chairman-cum-secretary.
It is learnt that Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as the winners in NTPC’s auction to develop inter-state transmission system connected wind-solar hybrid power projects of 1.2 GW capacity.
Green Prairie and Adyant Enersol were awarded 200 MW and 70 MW respectively at a quoted tariff of Rs 3.28 per kWh. Sembcorp Green, Adani Renewable Energy, and ReNew Solar were awarded a capacity of 300 MW, 600 MW, and 30 MW, respectively at a quoted tariff of Rs 3.29 per kWh.
It is learnt that Chinese manufacturer Sany Renewable Energy has announced 1.6 GW wind turbine contracts with two 1.3 GW with three subsidiaries of Indian conglomerate, JSW Group plus an additional 300 MW contract with engineering firm Sembcorp.
It is learnt that Powerica has won Solar Energy Corporation of India's (SECI) auction to select 500 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XVII). The tender was floated in May 2024. Powerica was awarded 50 MW at a tariff of Rs. 3.81/kWh.
It is learnt that JSW Renewable Technologies Two Ltd., a wholly owned subsidiary of JSW Neo Energy Ltd. has entered into a technology licensing agreement with SANY Renewable Energy Co. Ltd. for manufacturing of wind turbine blades in India for captive usage by JSW Energy.
It is learnt that Gujarat Urja Vikas Nigam Limited (GUVNL) declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. GUVNL has allocated projects to Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables). As per the tender result, Juniper won the 50 MW of the wind project at a tariff of Rs. 3.56/kWh followed by RIH Renewables which secured 40 MW at a tariff of Rs. 3.59/kWh and Jakson, which received 50 MW project at a tariff of Rs. 3.63/kWh.
It is learnt that The Indian energy company SJVN has unveiled the winners of its latest tender to procure 1.2 GW of ISTS-connected wind-solar hybrid capacity. Gentari Renewables secured 400 MW, while Juniper Green and EG Energy won 300 MW each. In addition, Sunsure Energy secured 130 MW and Datta Infra 70 MW. All bids were awarded at a tariff of INR3.19/kWh. The projects will be developed on a build-own-operate (BOO) basis and SJVN will enter into a power purchase agreement (PPA) with the winning developers for purchase of power for a period of 25 years.
It is learnt that Tata Power has entered into a 25-year partnership with Noida International Airport to supply 23.8 megawatts of clean energy, including solar and wind power. Under the deal, Tata Power Trading Co. Ltd. will provide 10.8 MW of wind, and Tata Power Renewable Energy Ltd. will develop 13 MW of solar energy.
It is learnt that the Inox Wind has secured an 87 MW wind energy project order from Continuum Green Energy. This repeat order is for Inox Wind’s 3 MW Wind Turbine Generators (WTGs), which will be supplied and installed on an end-to-end turnkey basis. In addition, Inox Wind will provide multi-year operations and maintenance (O&M) services after the project's commissioning. The project will be executed across Gujarat and Rajasthan.