+
Centre Cancels 11.4 GW in Green Energy Tenders
POWER & RENEWABLE ENERGY

Centre Cancels 11.4 GW in Green Energy Tenders

The Indian government has cancelled renewable energy procurement tenders totalling 11,400 MW (11.4 GW) since April 2023, amounting to nearly Rs 800 billion in project value. The tenders, floated by central Renewable Energy Implementing Agencies (REIAs) such as SECI, NTPC, NHPC, and SJVN, were withdrawn due to evolving market and policy conditions, Parliament was informed this week.
Minister of State for New and Renewable Energy, Shripad Yesso Naik, shared the figures in the Rajya Sabha, stating that the cancellations, completed by 30 June 2025, reflect the government’s efforts to streamline tender processes and address implementation hurdles.
Officials cited various reasons for the cancellations, including weak bidder response, grid connectivity limitations, and tariff misalignment. In response, the Ministry of New and Renewable Energy is working to revise bidding guidelines, enhance project appraisal mechanisms, and ensure better coordination between central and state agencies.
These steps aim to prevent future cancellations, improve procurement stability, and restore investor confidence.
India has committed to achieving 500 GW of non-fossil fuel capacity by 2030. Officials emphasised that these cancellations are part of a broader realignment strategy to stay on course while addressing operational and policy inefficiencies in the sector. 

The Indian government has cancelled renewable energy procurement tenders totalling 11,400 MW (11.4 GW) since April 2023, amounting to nearly Rs 800 billion in project value. The tenders, floated by central Renewable Energy Implementing Agencies (REIAs) such as SECI, NTPC, NHPC, and SJVN, were withdrawn due to evolving market and policy conditions, Parliament was informed this week.Minister of State for New and Renewable Energy, Shripad Yesso Naik, shared the figures in the Rajya Sabha, stating that the cancellations, completed by 30 June 2025, reflect the government’s efforts to streamline tender processes and address implementation hurdles.Officials cited various reasons for the cancellations, including weak bidder response, grid connectivity limitations, and tariff misalignment. In response, the Ministry of New and Renewable Energy is working to revise bidding guidelines, enhance project appraisal mechanisms, and ensure better coordination between central and state agencies.These steps aim to prevent future cancellations, improve procurement stability, and restore investor confidence.India has committed to achieving 500 GW of non-fossil fuel capacity by 2030. Officials emphasised that these cancellations are part of a broader realignment strategy to stay on course while addressing operational and policy inefficiencies in the sector. 

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?