Adani, Sprng, Mahindra, Avaada Win NHPC’s 1.2 GW Hybrid Power Bid

11 Mar 2025 CW Team

Adani Renewable Energy, Sprng Vayu Vidyut, Illuminate Hybren (Mahindra Susten), and Avaada Energy have secured NHPC’s auction for developing 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects under Tranche-X. Adani won 600 MW, Sprng 150 MW, and Illuminate 240 MW at a tariff of Rs 3.41/kWh, while Avaada secured 210 MW at Rs 3.42/kWh.

The tender, issued in December 2024, also included a 1,200 MW greenshoe option. The hybrid projects must consist of at least 33% of either solar or wind capacity, and only commercially established technologies will be used to minimise risk and ensure timely commissioning. Developers can set up solar projects anywhere in India, with the flexibility to either buy or lease land.

This follows NHPC’s January auction where companies like Onix Renewable, Jindal India Renewable, NTPC Renewable Energy, and Adani Renewable Energy Holding Nine won bids for 1,200 MW solar projects with 600 MW/1,200 MWh energy storage systems. NHPC also recently invited bids for 24.22 MW rooftop solar installations across 245 government buildings in 25 states and union territories.

(Mercom)

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..