Kintech, H.G Infra, Bhilwara, and Advait Win GUVNL's BESS Auction

06 Dec 2024 CW Team

Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group), and Advait Infratech emerged victorious in Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase IV standalone Battery Energy Storage Systems (BESS) auction.

This project was awarded following the introduction of Viability Gap Funding (VGF) support and an increase in capacity to 500 MW/1000 MWh from the initial 400 MW/800 MWh tender issued in October 2024.

H.G Infra Engineering secured 250 MW with a quoted tariff of Rs 225,985 ($2670.59) per MW per month. Kintech Synergy and Bhilwara Energy each secured 100 MW at tariffs of Rs 225,985 ($2670.59) and Rs 225,993 ($2670.68) per MW per month, respectively. Advait Infratech won 50 MW at a tariff of Rs 226,000 ($2670.76) per MW per month.

Under the revised tender, VGF is capped at Rs 2.7 million ($32,114) per MWh, or 30% of the project's capital cost, whichever is lower. Developers are required to submit a certificate verifying the capital cost within six months of the project's Commercial Operation Date (COD).

VGF disbursements will be made in five tranches: 10% at financial closure, 45% at COD, and the remaining 45% over the next three years, subject to certification by the Central Electricity Authority.

Infrastructure Urban

13 Oct 2025

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

PM Modi Inaugurates Mumbai Metro 3 Final Phase, 33.5 km Aqua Line

Prime Minister Narendra Modi inaugurated the final phase of Mumbai’s first fully underground Metro 3, making the 33.5 km Aqua Line operational. The line connects Aarey in North Mumbai to Colaba in South Mumbai, aiming to ease congestion on suburban trains and roads. The final stretch, spanning 11.2 km from Acharya Atre Chowk in Worli to Cuffe Parade, provides connectivity to six major business centres, including Nariman Point, Cuffe Parade, Fort, Lower Parel, BKC, and SEEPZ/MIDC. According to Mumbai Metro Rail Corporation (MMRC), the stretch also links areas such as Kalbadevi, Girgaum, Worl..

M.E. Energy Wins Rs 490 Million Ferro Alloys EPC Order

M.E. Energy Pvt Ltd, a wholly owned subsidiary of Kilburn Engineering Ltd and a leading Indian engineering company specialising in energy recovery and cost reduction solutions, has secured its second consecutive major order valued at Rs 490 million in the ferro alloys sector. The order is for an Engineering Procurement and Construction (EPC) contract to develop a 12 MW Waste Heat Recovery Based Power Plant (WHRPP). This repeat order underscores the growing trust of the ferro alloys industry in M.E. Energy’s expertise in delivering reliable, efficient, and sustainable energy solutions tailor..