+
Discoms Favour Modern RE Tenders, Say Experts
POWER & RENEWABLE ENERGY

Discoms Favour Modern RE Tenders, Say Experts

According to industry experts, electricity distribution companies (discoms) are increasingly inclined towards modern renewable energy (RE) tenders over conventional solar and wind projects. This shift is attributed to the enhanced flexibility and features offered by new-age RE tenders, catering to the evolving needs of discoms and the renewable energy sector as a whole.

The preference for modern RE tenders underscores discoms' quest for innovative solutions that address challenges such as grid stability, intermittency, and power management. These tenders often incorporate advanced technologies, storage solutions, and hybrid models, enabling discoms to optimise energy procurement and integration while ensuring reliability and affordability.

Experts highlight that modern RE tenders offer greater customization and risk mitigation mechanisms, providing discoms with more control and transparency throughout the project lifecycle. Additionally, the competitive bidding process fosters efficiency and cost-effectiveness, driving down tariffs and benefiting consumers.

Moreover, modern RE tenders align with India's renewable energy goals and commitments towards achieving carbon neutrality. By incentivizing technological innovation and market-driven solutions, these tenders contribute to the scaling up of renewable energy capacity and the transition towards a sustainable energy future.

Overall, the growing preference for modern RE tenders reflects a strategic shift in the renewable energy procurement landscape, driven by the desire for greater flexibility, efficiency, and sustainability. As discoms continue to embrace new-age tendering mechanisms, the renewable energy sector is poised to witness further innovation and growth, propelling India towards its clean energy targets.

According to industry experts, electricity distribution companies (discoms) are increasingly inclined towards modern renewable energy (RE) tenders over conventional solar and wind projects. This shift is attributed to the enhanced flexibility and features offered by new-age RE tenders, catering to the evolving needs of discoms and the renewable energy sector as a whole. The preference for modern RE tenders underscores discoms' quest for innovative solutions that address challenges such as grid stability, intermittency, and power management. These tenders often incorporate advanced technologies, storage solutions, and hybrid models, enabling discoms to optimise energy procurement and integration while ensuring reliability and affordability. Experts highlight that modern RE tenders offer greater customization and risk mitigation mechanisms, providing discoms with more control and transparency throughout the project lifecycle. Additionally, the competitive bidding process fosters efficiency and cost-effectiveness, driving down tariffs and benefiting consumers. Moreover, modern RE tenders align with India's renewable energy goals and commitments towards achieving carbon neutrality. By incentivizing technological innovation and market-driven solutions, these tenders contribute to the scaling up of renewable energy capacity and the transition towards a sustainable energy future. Overall, the growing preference for modern RE tenders reflects a strategic shift in the renewable energy procurement landscape, driven by the desire for greater flexibility, efficiency, and sustainability. As discoms continue to embrace new-age tendering mechanisms, the renewable energy sector is poised to witness further innovation and growth, propelling India towards its clean energy targets.

Next Story
Infrastructure Urban

Digital First: Bridging the Skilled Talent Gap in India’s Construction Sector

India stands at a defining juncture in its economic journey as it accelerates toward becoming a US$7 trillion economy by 2030. India’s construction sector, encompassing infrastructure and real estate development will play a pivotal role in its economic transformation. Expansion in developments such as the national highways, smart cities, airports, metro networks, logistics hubs, housing, etc. underscores the physical expression of India’s development ambition. The construction sector is already the second-largest contributor to India’s GDP, accounting for nearly 18 per cent of total..

Next Story
Infrastructure Transport

Titagarh Rail to Raise Rs 2 billion via Preferential Allotment to Promoters

Titagarh Rail Systems has announced a proposal to raise approximately Rs 2 billion through a preferential issue of 21,16,402 convertible warrants to members of its Promoter Group. The board of directors approved the move at its meeting held on July 9, 2025, subject to shareholder and regulatory approvals. The warrants, priced at Rs 945 each, will be allotted to Mrs Rashmi Chowdhary and Mr Prithish Chowdhary in line with Chapter V of SEBI’s ICDR Regulations. Each warrant is convertible into one equity share of ₹2 face value within 18 months from the date of allotment.   ..

Next Story
Real Estate

Hindware Strengthens Eastern Footprint with New Brand Store in Kolkata

Bathware major Hindware has expanded its retail footprint in West Bengal with the launch of a new state-of-the-art brand store in Ichapore, Kolkata. This marks the company’s fourth brand store in the city and 30th in the state, underlining its strategic focus on the eastern market. The newly launched store, operated by Tirupati Sales Corporation, showcases the entire spectrum of Hindware’s bathware offerings, including sanitaryware, faucets, showers, basins, and products from its premium lines — Queo and the Hindware Italian Collection. It is aimed at providing an immersive experien..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?