Emmvee, Vikram, and ReNew win solar module auction
POWER & RENEWABLE ENERGY

Emmvee, Vikram, and ReNew win solar module auction

Emmvee Photovoltaic Power, Vikram Solar, and ReNew emerged victorious in NTPC Renewable Energy's (NTPC REL) auction to provide 1.58 GW of crystalline solar bifacial modules with a minimum wattage output of 540 Wp for 1,255 MW projects at the Khavda Solar Park in Gujarat's Kutch district. Emmvee secured two blocks of 397.70 MW each, totalling 795.4 MW, while Vikram Solar won a single block with 397.70 MW capacity. ReNew was granted the remaining block with 391.50 MW.

The companies opted not to disclose the contract values. The modules, to be supplied under the domestic content requirement (DCR) category, must be delivered within 245 days of the notification of the award. Emmvee has confirmed that it will supply its TOPCon Bifacial PV Modules for the project.

NTPC REL floated the tender in September 2023 for its 1,255 MW solar projects, comprising four adjacent blocks: 3x 315MW + 1 x 310MW with DC capacity.

Earlier this month, NTPC Renewable Energy invited bids for land and power evacuation packages for a 900 MW interstate transmission system (ISTS)-connected solar power project in the Neemuch Region of Madhya Pradesh. The scope includes acquiring 5 acres per MW of contiguous land near the Neemuch ISTS substation for a minimum lease duration of 29 years and 11 months, with no more than 10% of the land being government property.

The Ministry of New and Renewable Energy recently expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity, bringing the cumulative capacity under ALMM to 41,333 MW.

(Source: Mercom)

Emmvee Photovoltaic Power, Vikram Solar, and ReNew emerged victorious in NTPC Renewable Energy's (NTPC REL) auction to provide 1.58 GW of crystalline solar bifacial modules with a minimum wattage output of 540 Wp for 1,255 MW projects at the Khavda Solar Park in Gujarat's Kutch district. Emmvee secured two blocks of 397.70 MW each, totalling 795.4 MW, while Vikram Solar won a single block with 397.70 MW capacity. ReNew was granted the remaining block with 391.50 MW. The companies opted not to disclose the contract values. The modules, to be supplied under the domestic content requirement (DCR) category, must be delivered within 245 days of the notification of the award. Emmvee has confirmed that it will supply its TOPCon Bifacial PV Modules for the project. NTPC REL floated the tender in September 2023 for its 1,255 MW solar projects, comprising four adjacent blocks: 3x 315MW + 1 x 310MW with DC capacity. Earlier this month, NTPC Renewable Energy invited bids for land and power evacuation packages for a 900 MW interstate transmission system (ISTS)-connected solar power project in the Neemuch Region of Madhya Pradesh. The scope includes acquiring 5 acres per MW of contiguous land near the Neemuch ISTS substation for a minimum lease duration of 29 years and 11 months, with no more than 10% of the land being government property. The Ministry of New and Renewable Energy recently expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity, bringing the cumulative capacity under ALMM to 41,333 MW. (Source: Mercom)

Next Story
Products

Mulroom Revolutionizes India’s Furniture Market

India's furniture market, a rapidly growing industry, has long grappled with inefficient supply chains, high costs, and limited customization options. Enter Mulroom, a tech-driven startup founded by Parikshit Guhabiswas, which aims to revolutionize the sector through a direct-to-consumer (DTC) model that empowers craftspeople and small-scale manufacturers while promoting sustainability. Mulroom tackles the industry's age-old problems by eliminating middlemen and implementing a lean, technology-enabled supply chain that cuts down waste and reduces costs. By leveraging AI-powered demand forecas..

Next Story
Infrastructure Urban

Build Capital Exits Second SRA Project with 19.76% IRR

Build Capital, an early-stage real estate financier, has successfully exited its investment in a Slum Rehabilitation Authority (SRA) project near Bandra-Kurla Complex (BKC), Mumbai. This marks another successful exit for Build Capital this year, highlighting its focus on delivering superior stakeholder value through structured real estate financing. Build Capital partnered with the developer during the early stages of the project, which had faced significant delays. Its investment facilitated the completion of rehabilitation works and the conversion of scheme parameters to DCPR 2034, enhancin..

Next Story
Infrastructure Urban

Chandak Group Celebrates Women’s Identity

Chandak Group marked this Women’s Day with a powerful and heartfelt gesture aimed at celebrating the individuality and strength of women. Instead of conventional celebrations, the real estate brand launched a meaningful campaign to honor the women who have made Chandak homes their own. The initiative offered every woman homebuyer a unique, personalized memento—a beautifully engraved, sustainable keyholder featuring her name. This thoughtful token serves not only as a keepsake but also as a recognition of her journey, achievements, and rightful space within the home. The campaign’s emot..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?