+
NTPC invites bids for 1,500 MW wind-solar hybrid projects
POWER & RENEWABLE ENERGY

NTPC invites bids for 1,500 MW wind-solar hybrid projects

NTPC has floated a tender for setting up 1,500 MW of interstate transmission system-connected wind-solar power projects across India. The deadline for submitting online bids is October 17, 2023. Bids will be opened on the same day.

The minimum capacity of each project on a site must be 50 MW> Bidders have to pay Rs 300,000 [USD 3,064] + GST ​​​​​as bid processing fee for capacity up to 50 MW, USD 6,008 + GST ​​​​​​for capacity above 50 MW and up to 100 MW, Rs 1 million [USD 12,016 + GST] for capacity above 100 MW and up to 250 MW, Rs 2 million [USD 24,033] + GST ​​​for capacity above 250 MW and up to 500 MW and 3 million Rs [36,049 USD] + TPS for capacity greater than 500 MW. Contractors must pay Rs 1.16 million [US$13,939]/MW as deposit in advance.

The PPA will be signed between NTPC and the successful bidders through the signing of power purchase agreements with state-owned power distribution companies for the identified capacity. Only commercially established and operational technologies should be used to minimize technology risks and enable timely start-up of power delivery to projects. To qualify, the net worth of bidders must be at least Rs 11.46 million [$73,901]/ MW of listed capacity in the last financial year.

The responsibility of obtaining an ISTS connection will lie entirely with the creator. Only type-certified wind turbine models listed in the revised list of models and manufacturers must also be used for projects.

Furthermore, NTPC has made it mandatory to use solar modules included in the list of approved models and manufacturers published by the Ministry of New and Renewable Energy.

The hybrid power producer must maintain an energy supply to achieve an annual supply corresponding to an annual capacity utilization factor of at least 80% of the declared value and above 120% of the published CUF value. within the PPA term of 25 years. Recently, NTPC floated a tender to execute a 120 MW ground-mounted solar project and a 56 MW floating solar project at the NTPC Ramagundam thermal power plant in Telangana.

NTPC has floated a tender for setting up 1,500 MW of interstate transmission system-connected wind-solar power projects across India. The deadline for submitting online bids is October 17, 2023. Bids will be opened on the same day.The minimum capacity of each project on a site must be 50 MW> Bidders have to pay Rs 300,000 [USD 3,064] + GST ​​​​​as bid processing fee for capacity up to 50 MW, USD 6,008 + GST ​​​​​​for capacity above 50 MW and up to 100 MW, Rs 1 million [USD 12,016 + GST] for capacity above 100 MW and up to 250 MW, Rs 2 million [USD 24,033] + GST ​​​for capacity above 250 MW and up to 500 MW and 3 million Rs [36,049 USD] + TPS for capacity greater than 500 MW. Contractors must pay Rs 1.16 million [US$13,939]/MW as deposit in advance.The PPA will be signed between NTPC and the successful bidders through the signing of power purchase agreements with state-owned power distribution companies for the identified capacity. Only commercially established and operational technologies should be used to minimize technology risks and enable timely start-up of power delivery to projects. To qualify, the net worth of bidders must be at least Rs 11.46 million [$73,901]/ MW of listed capacity in the last financial year.The responsibility of obtaining an ISTS connection will lie entirely with the creator. Only type-certified wind turbine models listed in the revised list of models and manufacturers must also be used for projects.Furthermore, NTPC has made it mandatory to use solar modules included in the list of approved models and manufacturers published by the Ministry of New and Renewable Energy.The hybrid power producer must maintain an energy supply to achieve an annual supply corresponding to an annual capacity utilization factor of at least 80% of the declared value and above 120% of the published CUF value. within the PPA term of 25 years. Recently, NTPC floated a tender to execute a 120 MW ground-mounted solar project and a 56 MW floating solar project at the NTPC Ramagundam thermal power plant in Telangana.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?