Morena Solar-Plus-Storage Project Hits Record Rs 2.70 Tariff

25 Sep 2025 CW Team

In a major milestone for renewable energy, the state’s first solar-plus-storage project in Morena has achieved a record-low tariff of Rs 2.70 per unit. This marks the first project in India to deliver firm and dispatchable renewable energy (FDRE) at under Rs 3 per unit.

The project guarantees 95 per cent annual availability, a significant leap from previous projects that typically ensured only 50 per cent peak-hour supply and 85 per cent annual availability. By ensuring 95 per cent supply during peak hours, the Morena project sets a new benchmark for reliability in renewable energy.

The Morena Solar Park is being developed by Rewa Ultra Mega Solar Limited, known for executing large-scale renewable projects. The electricity generated will be purchased by the state. Two units are being established at the park, each with a capacity of 220 MW across three phases.

An e-reverse auction held on Friday lasted 12 hours and attracted bids from 16 national and international firms, nearly ten times the subscribed capacity. Participants included Adani Renewables, NTPC Renewables, ReNew Solar, ACME, Engie Energy, Dilip Buildcon, and MB Power.

Unit 1 was awarded to Ceigall India Ltd at Rs 2.70 per unit, while Unit 2 went to Acme Solar Holding Ltd at Rs 2.764 per unit.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..