+
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

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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code