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NTPC Invites Bids For 1,200 MW ISTS-Connected Solar Power Projects Across India
NTPC Limited, a Government of India enterprise, has issued an invitation for bids (IFB) to set up 1,200 MW of ISTS-connected solar power projects across India. The bidding process, featuring a single-stage, two-envelope system for technical and financial bids, includes a reverse auction at a later date. Bidding documents are downloadable from June 20 to July 4, 2024. Bidders must submit an earnest money deposit of ?11.6 lakh per MW along with required documentation. NTPC retains the right to reject any bids. Interested parties must register with ISN Electronic Tender Services and purchase bidding documents for ?22,500.
ITI Limited Issues Tender For Empanelment Of Agencies For 200 MW Rooftop Solar Projects In Bihar
ITI Limited has issued an Expression of Interest (EOI) for agencies to empanel for designing, supplying, and commissioning grid-connected rooftop solar power plants across Bihar’s government buildings. The project aims to install 200 MW capacity under a CAPEX model, managed by Bihar Renewable Energy Development Agency (BREDA). Interested agencies must meet specific criteria, including a minimum 10 MW capacity and Rs. 1 crore earnest money deposit, with bids due by June 19, 2024.
KSEBL Seeks 166 MW Firm And Dispatchable Renewable Power From SJVN
Kerala State Electricity Board Ltd. (KSEBL) has petitioned the Kerala State Electricity Regulatory Commission to approve the procurement of 166 MW of firm and dispatchable power from Satluj Jal Vidyut Nigam (SJVN). This power will be sourced from SJVN’s ISTS Connected Renewable Energy Power Project, integrating solar and wind power with energy storage systems. The initiative supports KSEBL’s renewable energy obligations and aims to stabilize power supply in Kerala, addressing peak demand with reliability through interstate transmission.
Bihar Electricity Regulatory Commission Proposes Draft Green Energy Open Access Regulations 2024
The Bihar Electricity Regulatory Commission (BERC) has released a consultative paper on the Draft BERC Green Energy Open Access Regulations for 2024. These regulations aim to facilitate the adoption of green energy by streamlining the open access approval process and reducing the minimum capacity requirement to 100 kW. They also mandate distribution companies (Discoms) to procure green power for consumers and outline charges like transmission and wheeling fees. Stakeholders can provide feedback on the draft regulations until June 27, 2024, with a public hearing scheduled for July 9, 2024.
Key Players Secure Competitive Tariffs In SECI’s 1.2 GW Wind-Solar Hybrid (Phase VIII) Auction
SECI has announced the results of its 1.2 GW Wind-Solar Hybrid (Phase VIII) auction, with competitive tariffs around ?3.43-?3.46 per kWh. Winners include Juniper Green Energy, Asurari Renewable, JSW Energy, AMPIN Energy, Adyant Enersol, and Avaada Energy, highlighting strong competition in India’s renewable sector. These developments underscore the sector’s commitment to hybrid solutions, combining wind and solar power to enhance efficiency and reliability, furthering India’s renewable energy goals.
GERC Reviewing GUVNL’s Petition For 1,125 MW Solar Power Tariffs In Gujarat
GERC recently heard GUVNL’s petition seeking approval for tariffs discovered through competitive bidding for 1,125 MW solar PV projects at GSECL’s Khavda Renewable Energy Park in Gujarat. The bidding aimed to enhance renewable energy procurement aligned with state and national policies. Respondents included Engie Energy India, NHPC, JSW Neo Energy, SJVN Green Energy, and NTPC Renewable Energy. GUVNL highlighted Gujarat’s power sector restructuring and stressed timely tariff adoption for RPO compliance and cost control. GERC admitted the petition, emphasizing transparent bidding and regulatory oversight for efficient power procurement.
PM-Surya Ghar: Muft Bijli Yojana – Empowering Residential Solar Energy Adoption In India With A ?75,021 Crore Initiative
The PM-Surya Ghar: Muft Bijli Yojana, approved by the Government of India, aims to significantly expand residential solar rooftop capacity with a ?75,021 crore budget until FY 2026-27. It includes Central Financial Assistance (CFA) for consumers, incentives for Discoms, model solar villages, and local body support. The scheme targets installing 1 crore rooftop solar systems, generating 1,000 billion units of renewable electricity, and fostering a solar-friendly ecosystem to achieve India’s 30 GW solar capacity goal by 2026-27.
Solarpack, Avaada Power, And Others Secure Top Bids In SJVN’s 1.5 GW Auction; Majority Of Bidders Lock In Competitive ?3.41/kWh Tariff
SJVN concluded its auction for a 1.5 GW wind-solar hybrid project with competitive bidding. Solarpack, AMPIN Energy, and Juniper Green Energy secured 300 MW each at ?3.41 per kWh. Avaada Power led with 470 MW at ?3.42 per kWh, while JSW Energy secured 300 MW at the same rate. The consistent tariff of ?3.41 per kWh highlights strong competition, underscoring India’s drive for robust renewable energy growth. |
