Coal India Invites EOI for 4.5 GW Renewable Power Project

23 May 2025 CW Team

Outlined in a document dated 19 May 2025, the phased project is expected to deliver up to 11.5 billion units of renewable energy annually, with a minimum of 60 per cent generated from solar sources. Power supply is scheduled to commence within 24 months of signing the Power Purchase Agreement (PPA), which will remain in effect for 25 years. The minimum capacity utilisation factor (CUF) is set at 26 per cent for solar and 35 per cent for wind.

CIL has invited interested buyers to submit tariffs either in Indian Rupees or US Dollars, with any foreign currency bids adjusted for hedging costs. Buyers must agree to a take-or-pay arrangement and furnish a revolving Letter of Credit covering three months of tariff payments to ensure payment security.

CIL will be responsible for development aspects such as land acquisition, grid connectivity, and EPC contracts. However, buyers must secure all necessary permissions for power delivery to their facilities and bear any costs associated with transmission, open access, or duties beyond the delivery point.

Interested applicants must submit details including corporate background, prior experience in power procurement, and financial data such as annual turnover and net worth for the past three years. All documents must be submitted via CIL’s e-tender portal by 9 June 2025; offline submissions will not be accepted.

This EOI may lead to a formal tender process, with the final PPA terms prevailing over the EOI conditions. CIL has stressed transparency, ethical conduct, and adherence to Indian law, reserving the right to accept or reject applications without explanation.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Coal India Limited (CIL), a Government of India undertaking headquartered in Kolkata, has issued an Expression of Interest (EOI) for the supply of renewable power from its proposed 4.5 GW renewable energy project. The initiative will comprise 2,500–3,000 MW of solar capacity and 1,500–2,000 MW of wind capacity, with power to be supplied on a long-term basis through the Inter-State Transmission System (ISTS) at a fixed tariff.Outlined in a document dated 19 May 2025, the phased project is expected to deliver up to 11.5 billion units of renewable energy annually, with a minimum of 60 per cent generated from solar sources. Power supply is scheduled to commence within 24 months of signing the Power Purchase Agreement (PPA), which will remain in effect for 25 years. The minimum capacity utilisation factor (CUF) is set at 26 per cent for solar and 35 per cent for wind.CIL has invited interested buyers to submit tariffs either in Indian Rupees or US Dollars, with any foreign currency bids adjusted for hedging costs. Buyers must agree to a take-or-pay arrangement and furnish a revolving Letter of Credit covering three months of tariff payments to ensure payment security.CIL will be responsible for development aspects such as land acquisition, grid connectivity, and EPC contracts. However, buyers must secure all necessary permissions for power delivery to their facilities and bear any costs associated with transmission, open access, or duties beyond the delivery point.Interested applicants must submit details including corporate background, prior experience in power procurement, and financial data such as annual turnover and net worth for the past three years. All documents must be submitted via CIL’s e-tender portal by 9 June 2025; offline submissions will not be accepted.This EOI may lead to a formal tender process, with the final PPA terms prevailing over the EOI conditions. CIL has stressed transparency, ethical conduct, and adherence to Indian law, reserving the right to accept or reject applications without explanation.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..