Adani Green, Azure Power secure MSEDCL’s 300 MW wind power projects

01 Nov 2021 CW Team

Azure Power won a 180 MW capacity by quoting a tariff of Rs 3.43 or $0.045 per kWh, and Adani Green Energy won a 120 MW capacity by quoting a tariff of Rs 3.44 or $0.046 per kWh.

MSEDCL issued the tender in August to meet its non-solar Renewable Purchase Obligations (RPOs) and future power needs. The Maharashtra Electricity Regulatory Commission asked MSEDCL in 2019 to meet its non-solar RPO by procuring wind energy from projects with expired Energy Purchase Agreements (EPAs).

The successful bidders will pay for the operation and maintenance of the transmission network up to the delivery point. The successful bidder will be responsible for all approvals, permits, and clearances required for the project's operation including connectivity as well as those required from government and local bodies.

The successful bidder may also execute the project through a special purpose vehicle, such as a project company incorporated as a wholly-owned subsidiary company, before signing the PPA.

Meanwhile, the lowest wind auction tariff remains at $2.44 ($0.033) per kWh. The tariff was discovered in February 2018 during the Solar Energy Corporation of India's (SECI) Tranche-III auction of 2 GW of the interstate transmission system (ISTS)-connected wind projects.

ReNew Power won a capacity of 300 MW, Green Infra Wind Energy (180 MW), and Anupavan Renewables (150 MW) in SECI's auction for 1,200 MW ISTS-connected wind power projects (Tranche-XI) last month, each quoting Rs 2.69 or $0.0369 per kWh.

Azure Power and Tata Power were declared winners in MSEDCL's auction to procure power from grid-connected interstate and intrastate wind-solar hybrid projects on a long-term basis in June of this year. Tata Power won a 300 MW capacity and Azure Power won a 200 MW capacity, both at Rs 2.62 or $0.035 per kWh.

Image Source

Also read: Maharashtra discom opens tender for 500 MW wind-solar hybrid projects

The Maharashtra State Electricity Distribution Company (MSEDCL) had floated tenders for 300 MW of power from grid-connected interstate and intrastate wind projects, and Azure Power and Adani Green Energy 15 were declared winners. Azure Power won a 180 MW capacity by quoting a tariff of Rs 3.43 or $0.045 per kWh, and Adani Green Energy won a 120 MW capacity by quoting a tariff of Rs 3.44 or $0.046 per kWh. MSEDCL issued the tender in August to meet its non-solar Renewable Purchase Obligations (RPOs) and future power needs. The Maharashtra Electricity Regulatory Commission asked MSEDCL in 2019 to meet its non-solar RPO by procuring wind energy from projects with expired Energy Purchase Agreements (EPAs). The successful bidders will pay for the operation and maintenance of the transmission network up to the delivery point. The successful bidder will be responsible for all approvals, permits, and clearances required for the project's operation including connectivity as well as those required from government and local bodies. The successful bidder may also execute the project through a special purpose vehicle, such as a project company incorporated as a wholly-owned subsidiary company, before signing the PPA. Meanwhile, the lowest wind auction tariff remains at $2.44 ($0.033) per kWh. The tariff was discovered in February 2018 during the Solar Energy Corporation of India's (SECI) Tranche-III auction of 2 GW of the interstate transmission system (ISTS)-connected wind projects. ReNew Power won a capacity of 300 MW, Green Infra Wind Energy (180 MW), and Anupavan Renewables (150 MW) in SECI's auction for 1,200 MW ISTS-connected wind power projects (Tranche-XI) last month, each quoting Rs 2.69 or $0.0369 per kWh. Azure Power and Tata Power were declared winners in MSEDCL's auction to procure power from grid-connected interstate and intrastate wind-solar hybrid projects on a long-term basis in June of this year. Tata Power won a 300 MW capacity and Azure Power won a 200 MW capacity, both at Rs 2.62 or $0.035 per kWh. Image Source Also read: Maharashtra discom opens tender for 500 MW wind-solar hybrid projects

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..