+
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
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?