MSEDCL to Procure 2,500 MW Round-the-Clock Power
POWER & RENEWABLE ENERGY

MSEDCL to Procure 2,500 MW Round-the-Clock Power

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will procure 2,500 megawatts (MW) of round-the-clock power through a solar bundling model after approval from the Maharashtra Electricity Regulatory Commission (MERC). The procurement will use 5,000 MW of contracted solar capacity bundled with firm power from non-renewable sources or storage to provide supply. The regulator said the structure aims to convert intermittent renewable generation into firm, dispatchable power while optimising surplus solar output during daytime hours.

The Commission approved the proposal with several deviations from standard bidding guidelines, stating these measures were necessary to ensure commercial viability, attract competitive participation and secure cost-effective tariffs. MERC permitted a shift to a single composite tariff fixed for 25 years to transfer cost escalation risks to developers while ensuring tariff certainty for the utility and consumers. Supply norms were relaxed to annual supply of 80 per cent and monthly supply of 70 per cent while requiring 90 per cent supply during peak hours.

The Commission further approved larger minimum bid sizes of 1,250 MW or 2,500 MW, deviating from the standard 250 MW threshold, and eased financial eligibility criteria to broaden participation. The regulator noted that stricter norms had previously limited interest and that the larger bid sizes align with the scale of bundled solar capacity for efficient utilisation. Maharashtra's electricity demand is projected to reach nearly 33 GW by 2029-30, with rising consumption from data centres and other energy-intensive industries driving interest in round-the-clock green power as the state pursues a target of 65 per cent renewable share by 2035-36.

Under the framework at least 51 per cent of the supplied power must be traceable renewable energy to meet renewable purchase obligations and large consumer sustainability requirements, with the remainder met through non-renewable sources or storage. MSEDCL has been directed to initiate the bidding process and will approach MERC for tariff adoption after the tender is completed. The regulator said the package seeks to attract competitive bids, secure long-term supply certainty and convert surplus solar generation into a reliable resource for the state.

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will procure 2,500 megawatts (MW) of round-the-clock power through a solar bundling model after approval from the Maharashtra Electricity Regulatory Commission (MERC). The procurement will use 5,000 MW of contracted solar capacity bundled with firm power from non-renewable sources or storage to provide supply. The regulator said the structure aims to convert intermittent renewable generation into firm, dispatchable power while optimising surplus solar output during daytime hours. The Commission approved the proposal with several deviations from standard bidding guidelines, stating these measures were necessary to ensure commercial viability, attract competitive participation and secure cost-effective tariffs. MERC permitted a shift to a single composite tariff fixed for 25 years to transfer cost escalation risks to developers while ensuring tariff certainty for the utility and consumers. Supply norms were relaxed to annual supply of 80 per cent and monthly supply of 70 per cent while requiring 90 per cent supply during peak hours. The Commission further approved larger minimum bid sizes of 1,250 MW or 2,500 MW, deviating from the standard 250 MW threshold, and eased financial eligibility criteria to broaden participation. The regulator noted that stricter norms had previously limited interest and that the larger bid sizes align with the scale of bundled solar capacity for efficient utilisation. Maharashtra's electricity demand is projected to reach nearly 33 GW by 2029-30, with rising consumption from data centres and other energy-intensive industries driving interest in round-the-clock green power as the state pursues a target of 65 per cent renewable share by 2035-36. Under the framework at least 51 per cent of the supplied power must be traceable renewable energy to meet renewable purchase obligations and large consumer sustainability requirements, with the remainder met through non-renewable sources or storage. MSEDCL has been directed to initiate the bidding process and will approach MERC for tariff adoption after the tender is completed. The regulator said the package seeks to attract competitive bids, secure long-term supply certainty and convert surplus solar generation into a reliable resource for the state.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement