+
India Discovers Rs 5.25 Per Unit RTC Renewable Tariff
POWER & RENEWABLE ENERGY

India Discovers Rs 5.25 Per Unit RTC Renewable Tariff

Round-the-clock renewable energy refers to power supply designed for continuous availability across all time blocks of the day and combines solar, wind and energy storage systems to provide dispatchable electricity. The model aims to deliver assured supply rather than generation only during sunlight hours.

The Solar Energy Corporation of India conducted a 1,000 megawatt (MW) Firm and Dispatchable Renewable Energy auction under the SECI-FDRE-RTC-V tender. Five developers won capacity at Rs 5.25 per kilowatt-hour, including Kengeri Prime Solar Power, Resolven Four Energy, Hero Solar Energy, EMIF II Holding and Purvah Green Power. Hexa Climate and Juniper Green Energy secured additional capacity at Rs 5.26 per unit.

The Ministry of New and Renewable Energy tender conditions required developers to maintain a minimum of 90 per cent assured power delivery in every time block during peak hours. The guidelines also required 50 to 60 per cent power supply during solar hours and at least 70 per cent during the remaining periods. These criteria are linked to hybrid generation and storage based supply models used in renewable energy procurement.

Dispatchable renewable projects are relevant for applications that need scheduled and reliable electricity, including data centres and green hydrogen production facilities that rely on low carbon power. India has expanded solar, wind, hybrid and storage based power procurement in recent years and RTC and FDRE tenders form part of the broader shift towards reliable renewable electricity in the national market. The Solar Energy Corporation of India is a central public sector enterprise under the Ministry of New and Renewable Energy.

The bidding framework requires developers to offer scheduled delivery and contractual assurance for each time block, thereby supporting grid integration and commercial predictability. Such arrangements are used by central and state frameworks to procure reliable renewable power. These mechanisms are increasingly important as the market shifts to dispatchable supplies.

Round-the-clock renewable energy refers to power supply designed for continuous availability across all time blocks of the day and combines solar, wind and energy storage systems to provide dispatchable electricity. The model aims to deliver assured supply rather than generation only during sunlight hours. The Solar Energy Corporation of India conducted a 1,000 megawatt (MW) Firm and Dispatchable Renewable Energy auction under the SECI-FDRE-RTC-V tender. Five developers won capacity at Rs 5.25 per kilowatt-hour, including Kengeri Prime Solar Power, Resolven Four Energy, Hero Solar Energy, EMIF II Holding and Purvah Green Power. Hexa Climate and Juniper Green Energy secured additional capacity at Rs 5.26 per unit. The Ministry of New and Renewable Energy tender conditions required developers to maintain a minimum of 90 per cent assured power delivery in every time block during peak hours. The guidelines also required 50 to 60 per cent power supply during solar hours and at least 70 per cent during the remaining periods. These criteria are linked to hybrid generation and storage based supply models used in renewable energy procurement. Dispatchable renewable projects are relevant for applications that need scheduled and reliable electricity, including data centres and green hydrogen production facilities that rely on low carbon power. India has expanded solar, wind, hybrid and storage based power procurement in recent years and RTC and FDRE tenders form part of the broader shift towards reliable renewable electricity in the national market. The Solar Energy Corporation of India is a central public sector enterprise under the Ministry of New and Renewable Energy. The bidding framework requires developers to offer scheduled delivery and contractual assurance for each time block, thereby supporting grid integration and commercial predictability. Such arrangements are used by central and state frameworks to procure reliable renewable power. These mechanisms are increasingly important as the market shifts to dispatchable supplies.

Related Stories

Gold Stories

Next Story
Real Estate

Mumbai Central Emerges as a New Luxury Residential Corridor

Mumbai Central is emerging as a growing premium residential micro-market in South Mumbai, supported by improved connectivity, new redevelopment projects and proximity to major business districts.Residential capital values in the area are currently estimated at around ₹50,000-₹85,000 per sq ft, compared with ₹85,000 to more than ₹1.5 lakh per sq ft in parts of Worli, according to market estimates cited by industry players. The area has also recorded annual appreciation of around 14-18 per cent, although transaction activity and pricing vary across projects and locations.The area's chang..

Next Story
Technology

Bridgestone India Opens New Select Store in Pune

Bridgestone India has opened a new Bridgestone Select Store at Hinjewadi Phata in Pune, strengthening its retail presence in the city and Maharashtra.The new outlet, Deepraj Tyres, is located at Hinjewadi Phata/Wakad Bridge. Designed as a one-stop destination for passenger vehicle owners, the store offers tyres, expert guidance and wheel care services supported by modern equipment.“Pune is an important market for Bridgestone. The opening of this Select Store in the city reflects our commitment to offering customers easy access to premium products and trusted services. Our focus is on buildin..

Next Story
Infrastructure Transport

VECV, Rosmerta Partner for Authorised Vehicle Scrapping in NCR

VE Commercial Vehicles (VECV) and Rosmerta Auto Recycling Pvt Ltd (RARPL) have entered into a strategic partnership to facilitate the authorised scrapping and recycling of end-of-life (ELV) commercial vehicles across the National Capital Region (NCR).The collaboration will provide Eicher Trucks and Buses dealers and customers with access to a structured, transparent and compliant vehicle scrapping process. It aims to help commercial vehicle owners retire ageing trucks and buses through authorised channels while supporting fleet renewal and responsible resource recovery.The partnership comes as..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code