Ayana Renewable Power enhances portfolio with 300 MW RTC energy

19 May 2023 CW Team

Ayana Renewable Power, supported by the National Investment and Infrastructure Fund, announced that it successfully secured a tender to provide round-the-clock renewable energy to REMCL. REMCL is a joint venture between the Ministry of Railways and RITES.

As per the official press release, Ayana's subsidiary, Project Nine Renewable Energy, emerged victorious in the competitive bidding process for a 300-MW capacity. The statement emphasised that this project is ground-breaking, offering a unique combination of high availability and dispatchability. It will augment Ayana's portfolio by approximately one gigawatt of solar and wind power, along with third-party storage arrangements.

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