Azure Power, Tata Power win wind-solar hybrid auction in Maharashtra

12 Jul 2021 CW Team

Azure Power has secured a capacity of 200 MW, and Tata Power bagged a capacity of 300 MW, both quoting Rs 2.62 per kWh.

The tender was oversubscribed by 1 GW and received a good response from the bidders.

MSEDCL told the media that being a hybrid tender, MSEDCL had the clause of certified wind turbine procurement from the revised list of manufacturers and models and procurement of solar modules from the approved list of manufacturers and models. Therefore, only a couple of big players were eligible to bid for this capacity in compliance with both the clauses.

MSEDCL invited bids in May this year to acquire 500 MW of wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects.

MSEDCL is going to enter into a power purchase agreement (PPA) with the shortlisted bidders to purchase wind-solar hybrid power for 25 years from the commercial operation date of the projects.

25 MW should be the minimum project size of a single intrastate hybrid power project, with at least 10 MW project at one site. It should be 50 MW for interstate projects at one location to be interconnected to one delivery point.

The tariff of Rs 2.62 per kWh is 8% higher than the lowest tariff of Rs 2.42 per kWh discovered in the recently concluded MSEDCL’s 500 MW solar auction.

The tariff has been discovered within the Solar Energy Corporation of India’s (SECI) auction for setting up 1.2 GW of interstate transmission-connected wind-solar hybrid power projects under Tranche III of the Interstate Transmission System (ISTS) program.

Adani Renewable Energy Holding Eight was awarded 600 MW, Energy was awarded 130 MW, and ABC Renewable Energy was awarded 380 MW of projects for Rs 2.41 per kWh. ACME Solar quoted Rs 2.42 per kWh for 300 MW of projects but was only awarded 90 MW under the bucket-filling method.

Image Source

Also read: ACME, ReNew win 500 MW solar project in Maharashtra

Also read: Tata Motors, Tata Power inaugurate largest solar carport in India

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Azure Power and Tata Power are declared winners within the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to acquire power from 500 MW from grid-connected intrastate and interstate wind-solar hybrid projects on a long-term basis. Azure Power has secured a capacity of 200 MW, and Tata Power bagged a capacity of 300 MW, both quoting Rs 2.62 per kWh. The tender was oversubscribed by 1 GW and received a good response from the bidders. MSEDCL told the media that being a hybrid tender, MSEDCL had the clause of certified wind turbine procurement from the revised list of manufacturers and models and procurement of solar modules from the approved list of manufacturers and models. Therefore, only a couple of big players were eligible to bid for this capacity in compliance with both the clauses. MSEDCL invited bids in May this year to acquire 500 MW of wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects. MSEDCL is going to enter into a power purchase agreement (PPA) with the shortlisted bidders to purchase wind-solar hybrid power for 25 years from the commercial operation date of the projects. 25 MW should be the minimum project size of a single intrastate hybrid power project, with at least 10 MW project at one site. It should be 50 MW for interstate projects at one location to be interconnected to one delivery point. The tariff of Rs 2.62 per kWh is 8% higher than the lowest tariff of Rs 2.42 per kWh discovered in the recently concluded MSEDCL’s 500 MW solar auction. The tariff has been discovered within the Solar Energy Corporation of India’s (SECI) auction for setting up 1.2 GW of interstate transmission-connected wind-solar hybrid power projects under Tranche III of the Interstate Transmission System (ISTS) program. Adani Renewable Energy Holding Eight was awarded 600 MW, Energy was awarded 130 MW, and ABC Renewable Energy was awarded 380 MW of projects for Rs 2.41 per kWh. ACME Solar quoted Rs 2.42 per kWh for 300 MW of projects but was only awarded 90 MW under the bucket-filling method. Image Source Also read: ACME, ReNew win 500 MW solar project in Maharashtra Also read: Tata Motors, Tata Power inaugurate largest solar carport in India

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..