Maha electricity body allows Adani Power to procure 500 MW power
POWER & RENEWABLE ENERGY

Maha electricity body allows Adani Power to procure 500 MW power

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai float tenders for procuring 500 MW power from grid-connected renewable projects, along with other non-renewable or conventional power sources on a round-the-clock (RTC) basis.

The commission also added that the procured power by Adani Electricity would be calculated towards its renewable purchase obligation (RPO) targets.

Adani Electricity had filed a petition to get approval to procure power of 1,000 MW from grid-connected renewable energy projects, with the energy from coal-based thermal projects in India based on RPO under the competitive bidding procedure.

Adani Electricity said that the power demand in FY20 was 1,677 MW and the power generating station at Dahanu generated 500 MW, out of which 162 MW power was from long-term renewable energy contracts. The remaining procured power was from short-term contracts.

In its amendment on 5th February, the Ministry of Power issued guidelines for tariff-based competitive bidding process for procurement of RTC power from grid-connected renewable energy projects complemented with another source of power.

To achieve the RPO targets, the company proposed to procure 1,000 MW RTC power from grid-connected renewable projects, with the power from coal-based thermal projects.

The discom told the media that the renewable energy backed by the power firm from coal-based thermal projects would help meet the RPO targets.

The discom further said that the scheduled delivery date should be on or before 30 June 2023 to avail of the payment release of transmission charges.

Adani Electricity said that it has an option to procure 600 MW power in a staggered manner by June 2023 and postpone the remaining 400 MW procurement by three to four years.

Image Source


Also read: Adani Power bags Essar Power's 1,200 MW Mahan Project

Also read: Adani Group to double coal generation capacity to 24 GW

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai float tenders for procuring 500 MW power from grid-connected renewable projects, along with other non-renewable or conventional power sources on a round-the-clock (RTC) basis. The commission also added that the procured power by Adani Electricity would be calculated towards its renewable purchase obligation (RPO) targets. Adani Electricity had filed a petition to get approval to procure power of 1,000 MW from grid-connected renewable energy projects, with the energy from coal-based thermal projects in India based on RPO under the competitive bidding procedure. Adani Electricity said that the power demand in FY20 was 1,677 MW and the power generating station at Dahanu generated 500 MW, out of which 162 MW power was from long-term renewable energy contracts. The remaining procured power was from short-term contracts. In its amendment on 5th February, the Ministry of Power issued guidelines for tariff-based competitive bidding process for procurement of RTC power from grid-connected renewable energy projects complemented with another source of power. To achieve the RPO targets, the company proposed to procure 1,000 MW RTC power from grid-connected renewable projects, with the power from coal-based thermal projects. The discom told the media that the renewable energy backed by the power firm from coal-based thermal projects would help meet the RPO targets. The discom further said that the scheduled delivery date should be on or before 30 June 2023 to avail of the payment release of transmission charges. Adani Electricity said that it has an option to procure 600 MW power in a staggered manner by June 2023 and postpone the remaining 400 MW procurement by three to four years. Image Source Also read: Adani Power bags Essar Power's 1,200 MW Mahan Project Also read: Adani Group to double coal generation capacity to 24 GW

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?