Government to Bid Out 50 GW of Solar, Wind, and RTC Projects in FY24

28 Apr 2023 CW Team

The Ministry of New and Renewable Energy (MNRE) has released a bidding calendar by agency for 50 GW of renewable energy projects for the current fiscal year (FY 2023-24).

The calendar calls for 30 GW of renewable capacity in the first two quarters and 20 GW in the last two.

SECI and NTPC will each issue tenders for 12.5 GW of solar/hybrid/round-the-clock (RTC) and 2.5 MW of wind projects. Tenders will be issued by NHPC and SJVN for 7.5 GW of solar/hybrid/RTC projects and 2.5 MW of wind projects, respectively.

The bids will be solicited in accordance with the government's standard bidding guidelines and the MNRE's instructions for renewable energy tenders.

MNRE has stated that it will issue renewable project bids worth 50 GW per year during fiscal years 2024-28, with at least 10 GW of wind tenders.

Renewable project developers have frequently petitioned the government for a predictable bidding trajectory in order to mitigate project risks, allow for more efficient financial planning and supply chain management, and provide better visibility and certainty for upcoming tenders.

They claim that the current haphazard tendering processes used by the federal and state governments make it difficult to plan finances and secure component supplies at competitive prices.

India has set ambitious renewable energy targets in order to combat climate change and reduce reliance on fossil fuels. The government has pledged to source 50% of its installed power capacity from non-fossil fuel-based energy sources by 2030 and reducing the emissions intensity of its GDP by 45% compared to 2005 levels.

Further, MNRE has been working to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030, which includes 280 GW of solar. As of February 2023, India’s renewable energy installed capacity stands at nearly 169 GW, with 82.6 GW under implementation and 40.89 GW under the tendering process.

Also Read
Operations of construction waste plant in Rajarhat to begin operations
As demand for LCV rises, Mahindra & Mahindra to increase production

The Ministry of New and Renewable Energy (MNRE) has released a bidding calendar by agency for 50 GW of renewable energy projects for the current fiscal year (FY 2023-24). The calendar calls for 30 GW of renewable capacity in the first two quarters and 20 GW in the last two. SECI and NTPC will each issue tenders for 12.5 GW of solar/hybrid/round-the-clock (RTC) and 2.5 MW of wind projects. Tenders will be issued by NHPC and SJVN for 7.5 GW of solar/hybrid/RTC projects and 2.5 MW of wind projects, respectively. The bids will be solicited in accordance with the government's standard bidding guidelines and the MNRE's instructions for renewable energy tenders. MNRE has stated that it will issue renewable project bids worth 50 GW per year during fiscal years 2024-28, with at least 10 GW of wind tenders. Renewable project developers have frequently petitioned the government for a predictable bidding trajectory in order to mitigate project risks, allow for more efficient financial planning and supply chain management, and provide better visibility and certainty for upcoming tenders. They claim that the current haphazard tendering processes used by the federal and state governments make it difficult to plan finances and secure component supplies at competitive prices. India has set ambitious renewable energy targets in order to combat climate change and reduce reliance on fossil fuels. The government has pledged to source 50% of its installed power capacity from non-fossil fuel-based energy sources by 2030 and reducing the emissions intensity of its GDP by 45% compared to 2005 levels. Further, MNRE has been working to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030, which includes 280 GW of solar. As of February 2023, India’s renewable energy installed capacity stands at nearly 169 GW, with 82.6 GW under implementation and 40.89 GW under the tendering process. Also Read Operations of construction waste plant in Rajarhat to begin operations As demand for LCV rises, Mahindra & Mahindra to increase production

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Infrastructure Energy

27 Oct 2025

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

Infrastructure Urban

27 Oct 2025

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..