Ayana Renewable Power enhances portfolio with 300 MW RTC energy

01 May 2023

Ayana Renewable Power, supported by the National Investment and Infrastructure Fund, announced that it successfully secured a tender to provide round-the-clock renewable energy to REMCL. REMCL is a joint venture between the Ministry of Railways and RITES.

As per the official press release, Ayana's subsidiary, Project Nine Renewable Energy, emerged victorious in the competitive bidding process for a 300-MW capacity. The statement emphasised that this project is ground-breaking, offering a unique combination of high availability and dispatchability. It will augment Ayana's portfolio by approximately one gigawatt of solar and wind power, along with third-party storage arrangements.

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