960 MW of continuous renewable power projects awarded by IR
POWER & RENEWABLE ENERGY

960 MW of continuous renewable power projects awarded by IR

The Indian Railways awarded large-scale renewable energy projects to four businesses in a historic tender. According to media sources, four enterprises would each receive 960 MW of renewable energy capacity from Railways Energy Management Company Limited (REMCL). The winners must provide continuous renewable energy to Indian Railways. Power procurement for Indian Railways is handled by REMCL, a division of railways.

The largest power producing firm in India, NTPC, has a subsidiary called NTPC Renewable Energy. At a cost of Rs 4.10 per kilowatt-hour, Anaya Renewables obtained the licence to create 500 and 300 MW of capacity. 100 MW were won by Sprng Energy for Rs 3.99 per kilowatt-hour, while 60 were won by O2 Power for Rs 4.27 per kilowatt-hour. Developers cannot provide from completed power projects; they must establish new projects. According to the tender terms, the project's capacity must be available for at least 75% of the first four years and 5% of the following years.

Developers are able to build their own storage facilities or hire them from other organisations. Developers' obligations under the tender shall include supply from storage capacity. However, renewable energy must be used to charge the storage capacity. Developers are required to employ modules that are included on the Approved List of Models and Manufacturers published by the Ministry of New and Renewable Energy, according to the terms of the tender. Wind turbines that are included on the Ministry's Revised List of Models and Manufacturers must be used for wind energy projects.

The goal of Indian Railways has been to increase the proportion of renewable energy in its energy mix. The majority of its diesel-fired locomotives are reportedly being converted to electric locomotives. In order to power lighting and cooling systems, it has installed rooftop solar power

The Indian Railways awarded large-scale renewable energy projects to four businesses in a historic tender. According to media sources, four enterprises would each receive 960 MW of renewable energy capacity from Railways Energy Management Company Limited (REMCL). The winners must provide continuous renewable energy to Indian Railways. Power procurement for Indian Railways is handled by REMCL, a division of railways. The largest power producing firm in India, NTPC, has a subsidiary called NTPC Renewable Energy. At a cost of Rs 4.10 per kilowatt-hour, Anaya Renewables obtained the licence to create 500 and 300 MW of capacity. 100 MW were won by Sprng Energy for Rs 3.99 per kilowatt-hour, while 60 were won by O2 Power for Rs 4.27 per kilowatt-hour. Developers cannot provide from completed power projects; they must establish new projects. According to the tender terms, the project's capacity must be available for at least 75% of the first four years and 5% of the following years. Developers are able to build their own storage facilities or hire them from other organisations. Developers' obligations under the tender shall include supply from storage capacity. However, renewable energy must be used to charge the storage capacity. Developers are required to employ modules that are included on the Approved List of Models and Manufacturers published by the Ministry of New and Renewable Energy, according to the terms of the tender. Wind turbines that are included on the Ministry's Revised List of Models and Manufacturers must be used for wind energy projects. The goal of Indian Railways has been to increase the proportion of renewable energy in its energy mix. The majority of its diesel-fired locomotives are reportedly being converted to electric locomotives. In order to power lighting and cooling systems, it has installed rooftop solar power

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement