The projects—to be established on a build, own, operate basis—will be awarded through e-bidding and a reverse auction with a tariff ceiling of Rs 2.78 per kWh. Bidding closes on March 19.
By offering 410 KWh of cumulative battery capacity for a total cost of Rs2.51 crore, the state-owned engineer and manufacturer emerged winner in the auction which saw overwhelming response from both Lithium-ion and advanced lead-acid storage providers.
Tariff ceiling is fixed at Rs 4 per unit for ground-mounted, grid-connected solar projects that will come up across four regions of the state. The projects are to be developed on build-own-operate basis for supply of power to Assam Power Distribution Company Limited for a period of 25 years. Bidding closes on February 21.
Having bagged 2.250 MW capacity in January, the Gujarat-based power generator has won four more solar projects—900 KW for JPB Fibers, 675 KW for N.J. Textile Industries, 135 KW for N.J. Texturisers and 950 KW for Sailaxmi Tex—aggregating to a capacity of 2.66 MW.
Annual renewable energy balancing between resource-surplus and resource-deficit states can help solve DISCOM woes while ensuring their compliance to renewable purchase obligations.
The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.
Gujarat Urja Vikas Nigam Ltd has invited global bids to set up 500 MW of grid-connected solar projects. It shall enter into a 25-year PPA with successful bidders. Tariff ceiling is set as Rs 2.65/unit. Another tender for 185 MW—floated by Gujarat State Electricity Corporation Limited—seeks to select EPC contractors for plants ranging from 20 MW to 40 MW, which shall come up at various substations of Gujarat Energy Transmission Corporation Limited.
The company has won an order from Power Grid Corporation of India Limited to install 765 KV gas-insulated substation bays at Phagi in Jaipur district. With this installation, the state will be able to evacuate around 1 GW of additional renewable energy from three solar parks at Bhadla, Fatehpur and Bikaner to various beneficiaries.
The project will be awarded to the bidder who quotes the lowest viability gap funding requirement. The upper limit for VGF to be quoted by a bidder is kept at Rs 130 million for 1 MW solar PV project with battery storage of 3 MWh.
The Chennai Metro Rail Limited seeks to procure 90 million units/annum of solar or solar-wind hybrid power, or 72 million units/annum of wind power through tariff based competitive bidding. Tariff ceiling is fixed at Rs 3.50/KWh for 25 years. Bidding closes on February 13.
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