Railways Management Company Announces Tender for 140 MW of Wind-Solar Hybrid Projects

It is learnt that, the Railway Energy Management Company Limited (REMCL), a joint venture formed between the Indian Railways and RITES Limited, has invited bids to set up 140 MW of interstate transmission system (ISTS)/intrastate transmission system (InSTS)-connected wind-solar hybrid projects.

The wind-solar hybrid projects will be set up under the nodal zonal railways of Gujarat (western railways), Karnataka (southwestern railways), and Madhya Pradesh (western central railways).  The REMCL has set Rs. 2.70 /kWh as the upper ceiling tariff for this tender. The projects can be developed anywhere across India, and the zonal railways will enter into a power purchase agreement (PPA) with the successful bidders.