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

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..