NTPC, SJVN, Hinduja Win RUMSL's Phase II Solar Auction
POWER & RENEWABLE ENERGY

NTPC, SJVN, Hinduja Win RUMSL's Phase II Solar Auction

The winning bidders in Rewa Ultra Mega Solar's (RUMSL) auction for the construction of a 300 MW floating solar park (Phase II) in the Omkareshwar reservoir in Madhya Pradesh are NTPC Renewable Energy, SJVN Green Energy, and Hinduja Renewables Energy.

SJVN Green Energy won 90 MW by bidding $3.79 (about $0.0458 per kWh), NTPC Renewable Energy won 80 MW at $3.80 (about $0.0459 per kWh), and Hinduja Renewables Energy won 80 MW with the price of $3.89 (about $0.0470 per kWh), according to Mercom sources. The project's tender was floated in April of this year by RUMSL, a joint venture between the Solar Energy Corporation of India and the Madhya Pradesh Urja Vikas Nigam.

After it was first put up for auction in November 2022, where the same firms obtained various capacities at substantially cheaper prices, the capacity under Phase I was retender.

Three units of grid-connected floating solar photovoltaic projects make up the expected 300 MW capacity of the floating solar park under Phase ll.

The projects must be built on a build-own-operate basis by the winners.

The winning bidders in Rewa Ultra Mega Solar's (RUMSL) auction for the construction of a 300 MW floating solar park (Phase II) in the Omkareshwar reservoir in Madhya Pradesh are NTPC Renewable Energy, SJVN Green Energy, and Hinduja Renewables Energy. SJVN Green Energy won 90 MW by bidding $3.79 (about $0.0458 per kWh), NTPC Renewable Energy won 80 MW at $3.80 (about $0.0459 per kWh), and Hinduja Renewables Energy won 80 MW with the price of $3.89 (about $0.0470 per kWh), according to Mercom sources. The project's tender was floated in April of this year by RUMSL, a joint venture between the Solar Energy Corporation of India and the Madhya Pradesh Urja Vikas Nigam. After it was first put up for auction in November 2022, where the same firms obtained various capacities at substantially cheaper prices, the capacity under Phase I was retender. Three units of grid-connected floating solar photovoltaic projects make up the expected 300 MW capacity of the floating solar park under Phase ll. The projects must be built on a build-own-operate basis by the winners.

Next Story
Infrastructure Urban

Breathing Room!

Hidden in plain sight, the Malabar Hill Forest Trail Project is a transformative initiative that brings together citizen-led vision, architectural sensitivity and sustainable construction to reclaim a forest stretch in the heart of Mumbai – without disturbing a single tree.Inaugurated on March 30, 2025, by Maharashtra Minister Mangal Prabhat Lodha, the project is the result of a unique collaboration between the Nepean Sea Road Citizens' Forum (NRCF), IMK Architects, the JSW Foundation, and the Brihanmumbai Municipal Corporation (BMC). This collaboration between citizens, architects, civic au..

Next Story
Technology

Constructive Automation

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Real Estate

Google India’s New Campus

India continues to cement its position as a global digital powerhouse – and Google’s latest milestone reinforces this trajectory with the inauguration of Ananta, one of its largest offices worldwide. CW explores the design, sustainability and construction aspects of this landmark campus in Bengaluru.Significance of AnantaLocated in Mahadevapura, Bengaluru, Ananta spans 1.6 million sq ft and is situated within Bagmane Tech Park. Named after the Sanskrit word for ‘infinite’, this state-of-the-art, 11-storey facility is Google’s fourth office in Bengaluru. It is designed to foster colla..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?