JREDA Seeks Bids for 3 GW Solar Projects in Jharkhand
POWER & RENEWABLE ENERGY

JREDA Seeks Bids for 3 GW Solar Projects in Jharkhand

The Jharkhand Renewable Energy Development Agency (JREDA) has invited expressions of interest (EoI) to develop 3 GW of grid-connected, ground-mounted solar photovoltaic projects in the state. These projects will operate on a build-own-operate basis. Interested bidders must submit their applications by January 15, 2025, with the bids scheduled to be opened on January 17. Successful bidders will be responsible for identifying suitable land, designing, constructing, and building the necessary energy evacuation facilities. As part of the agreement, bidders will sign a power purchase agreement (PPA) with the state distribution companies (DISCOMs) and secure all necessary approvals and clearances for the project duration of 25 years. Projects must have a minimum capacity of 500 kW, and bidders are required to identify the nearest evacuation point within the state transmission utility or DISCOM network through preliminary studies. Applications will be accepted in three capacity categories: • 500 kW to 2 MW (Category A) • 2 MW to 10 MW (Category B) • Above 10 MW (Category C) The power generated will be procured by state DISCOMs at tariffs determined through the bidding process. This initiative aligns with the Jharkhand State Solar Policy 2022, which targets 4,000 MW of solar capacity by 2027, including 3,000 MW of utility-scale solar projects. In September 2024, JREDA issued requests for proposals for 14 MW of grid-connected solar projects on government land in Palamu and East Singhbhum districts. Jharkhand, a state with a strong presence of coal-fired thermal power plants operated by entities such as Damodar Valley Corporation, NTPC, and Tata Power, is also exploring floating solar projects. The state has identified 31 reservoirs with a combined potential of 1,160 MW for such projects. The cumulative target for floating solar capacity under the state policy is 900 MW, with Damodar Valley Corporation and NTPC actively issuing tenders for these initiatives. (Mercom)

The Jharkhand Renewable Energy Development Agency (JREDA) has invited expressions of interest (EoI) to develop 3 GW of grid-connected, ground-mounted solar photovoltaic projects in the state. These projects will operate on a build-own-operate basis. Interested bidders must submit their applications by January 15, 2025, with the bids scheduled to be opened on January 17. Successful bidders will be responsible for identifying suitable land, designing, constructing, and building the necessary energy evacuation facilities. As part of the agreement, bidders will sign a power purchase agreement (PPA) with the state distribution companies (DISCOMs) and secure all necessary approvals and clearances for the project duration of 25 years. Projects must have a minimum capacity of 500 kW, and bidders are required to identify the nearest evacuation point within the state transmission utility or DISCOM network through preliminary studies. Applications will be accepted in three capacity categories: • 500 kW to 2 MW (Category A) • 2 MW to 10 MW (Category B) • Above 10 MW (Category C) The power generated will be procured by state DISCOMs at tariffs determined through the bidding process. This initiative aligns with the Jharkhand State Solar Policy 2022, which targets 4,000 MW of solar capacity by 2027, including 3,000 MW of utility-scale solar projects. In September 2024, JREDA issued requests for proposals for 14 MW of grid-connected solar projects on government land in Palamu and East Singhbhum districts. Jharkhand, a state with a strong presence of coal-fired thermal power plants operated by entities such as Damodar Valley Corporation, NTPC, and Tata Power, is also exploring floating solar projects. The state has identified 31 reservoirs with a combined potential of 1,160 MW for such projects. The cumulative target for floating solar capacity under the state policy is 900 MW, with Damodar Valley Corporation and NTPC actively issuing tenders for these initiatives. (Mercom)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code