RTC Power

INOX Partners Tata Power Saurya Bandita for 40 MWp Captive Solar Plant 

INOX Air Products (INOXAP), which claims to be India’s largest manufacturer of industrial and medical gases has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up a captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of a 40MWp, would […]

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SJVN & Indian Oil to Form JV for Renewable Energy Projects

CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […]

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ReNew Power Installs India’s First 3x Platform Wind Turbine Generators In Karnataka

ReNew Power, India’s largest renewable energy company by operational capacity, has announced the installations of India’s first ever 3x platform Wind Turbine Generators (WTG) in Gadag, Karnataka. The WTGs have a nameplate capacity of 3.3-3.465 MW and are 128-140m in height. They offer significantly improved capacity over models installed in India to date, which typically […]

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Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy

The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […]

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NTPC Trading Arm Invites EOI For RTC Green Power

NTPC Vidyut Vyapar Nigam Limited, a power trading subsidiary of NTPC Limited, has invited expressions of interest from renewable energy developers for round the clock (RTC) power supply for the medium to long term. The latest tender indicates the pace at which demand for green RTC power is going up, as utilities look to ensure […]

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Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power

In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […]

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MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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