+
Adani Green, Azure Power secure MSEDCL’s 300 MW wind power projects
POWER & RENEWABLE ENERGY

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

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

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code