Maha electricity body allows Adani Power to procure 500 MW power

15 Jul 2021 CW Team

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

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..