Tender Results

Module Supply: ReNew, Emmvee, Vikram Solar Win NTPC’s Khavda Tender

NTPC REL (Renewable Energy Limited) has awarded the contracts of supply of solar modules for its 1,255 MW solar project to three solar module manufacturers. Three companies-Emmvee, ReNew and Vikram Solar emerged as the winners of the NTPC REL’s tender. The tender was floated in September 2023. The solar project is scheduled to come up […]

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Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC

Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […]

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Solalite Power & ACME Take Home Highest Capacity in NTPC 1500 MW Wind-Solar Tender

NTPC Ltd. has recently finalized a highly competitive bidding process for wind-solar hybrid power procurement in Tranche-1 (ISTS), open for development anywhere in the country. The tender, boasting a capacity of 1,500 MW, culminated in a reverse auction held on December 27, 2023. The initial L1 tariff was set low at INR 3.35 per kilowatt-hour […]

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Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction

Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India)  (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […]

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GUVNL’s 500 MW Solar Auction Winners

ABREL SPV 2 (Aditya Birla Renewable Energy), Hinduja Renewables Energy, and state owned SJVN were declared the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW capacity of solar projects under Phase XIV. The winners quoted a price of Rs 2.30 per unit, with SJVN quoting Rs 2.31/unit or kW. While ABREL and […]

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RUMSL’s 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN

The much awaited tender for 600 MW floating solar (in two phases of 300 MW each) on the Omkareshwar reservoir in Madhya Pradesh has finally seen AMP Energy, NHDC and SJVN winning with bids of Rs 3.21, Rs 3.22 and Rs 3.26/unit respectively. For AMP Energy and SJVN this is the second project win this […]

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Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid

Tata Power (TP Saurya  Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […]

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SECI Awards 480 MW Capacity for Undersubscribed 1200 MW Solar Tender

SECI has awarded a total of 480 MW capacity to the only two bidders for its latest solar tender seeking project developers for 1200 MW of solar projects The Solar Energy Corporation of India’s (SECI) had received only two bids against its latest 1200 MW solar projects tender (ISTS – V) and has now awarded […]

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