JSW, Sunsure, UPC, NTPC REL win 1.5 GW solar auction
POWER & RENEWABLE ENERGY

JSW, Sunsure, UPC, NTPC REL win 1.5 GW solar auction

JSW Neo Energy (JSW Energy), Sunsure Solarpark Fourteen (Sunsure Energy), Tejorupa Renewables India Project (UPC Renewables), and NTPC Renewable Energy emerged as the victors in the Solar Energy Corporation of India?s (SECI) auction for the establishment of 1,500 MW Inter-State Transmission System (ISTS)-connected solar power projects in India under Tranche XIII.

It was announced that JSW, Sunsure, and UPC Renewables had secured 700 MW, 300 MW, and 250 MW, respectively, by quoting the lowest tariff of Rs 2.56/kWh.

NTPC Renewable clinched 250 MW out of the 600 MW quoted capacity at Rs 2.57/kWh.

The participants, including Jade Hybren (Mahindra), Datta Power Infra, ReNew Solar Power, Solarcraft Power India 8 (BluPine Energy), TEQ Green Power XXI (O2 Power), and Apraava Energy, were unsuccessful in their bids. SECI had initiated the tender process for the projects in December 2023.

The selected developers are granted the flexibility to choose the project locations while ensuring their connection to the ISTS, covering the transmission network extending up to the interconnection/delivery point.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

JSW Neo Energy (JSW Energy), Sunsure Solarpark Fourteen (Sunsure Energy), Tejorupa Renewables India Project (UPC Renewables), and NTPC Renewable Energy emerged as the victors in the Solar Energy Corporation of India?s (SECI) auction for the establishment of 1,500 MW Inter-State Transmission System (ISTS)-connected solar power projects in India under Tranche XIII. It was announced that JSW, Sunsure, and UPC Renewables had secured 700 MW, 300 MW, and 250 MW, respectively, by quoting the lowest tariff of Rs 2.56/kWh. NTPC Renewable clinched 250 MW out of the 600 MW quoted capacity at Rs 2.57/kWh. The participants, including Jade Hybren (Mahindra), Datta Power Infra, ReNew Solar Power, Solarcraft Power India 8 (BluPine Energy), TEQ Green Power XXI (O2 Power), and Apraava Energy, were unsuccessful in their bids. SECI had initiated the tender process for the projects in December 2023. The selected developers are granted the flexibility to choose the project locations while ensuring their connection to the ISTS, covering the transmission network extending up to the interconnection/delivery point.

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000