ReNew, Adani, Azure Power win SECI's 1.2 GW wind project auction
POWER & RENEWABLE ENERGY

ReNew, Adani, Azure Power win SECI's 1.2 GW wind project auction

ReNew Power, Adani Renewable Energy, Azure Power, Green Infra Wind Energy, and Anupavan Renewable Energy won the interstate transmission system (ISTS) wind power auction of Solar Energy Corporation of India (SECI) of 1,200 MW.

ReNew Power has won 300 MW wind capacity, Green Infra Wind Energy won 180 MW capacity, and Anupavan Renewables won 150 MW capacity, each quoted Rs 2.69 per kWh. Adani Renewable Energy won 450 MW capacity, and Azure Power won 120 MW capacity, each quoted Rs 2.7 per kWh. SECI floated a tender in May 2021.

However, the lowest tariff quoted in the tender was Rs 2.44 per kWh. It was found on SECI's ISTS-connected wind project auction under Tranche III in 2018.

The generated power from the project will be sold to the Madhya Pradesh discoms. The discoms will procure power via Madhya Pradesh Management Company, the authorized representative for signing the power sale agreement on behalf of discoms.

The developers will be responsible for land acquisition to set up the project. SECI will not be responsible for any land acquisition matters.

The Revised List of Models and Manufacturers have the certified wind turbine models lists issued by the Ministry of New and Renewable Energy (MNRE), which will be allowed for deployment under the program.

According to the Tranche X auction, the lowest tariff of Rs 2.69 per kWh is about 2.9% lesser than the lowest tariff of Rs 2.77 per kWh.

In March 2021, Adani Renewable Energy, Evergreen Power, Ayanayana Renewable Power, and JSW Future Energy won the ISTS-connected ISTS-connected SECI's wind project auction of 1.2 GW.

Adani won 300 MW wind projects of Rs 2.77 per kWh. Ayana Renewable Power with 300 MW capacity, Evergreen Power with 150 MW, and JSW Future Energy with 450 MW had quoted Rs 2.78 per kWh.

According to a report, SECI has floated a tender for 15.1 GW wind projects under Tranche I to Tranche X. Out of which 11.5 GW has been tendered.

Image Source


Also read: JSW Renew inks pact with SECI to supply 270 MW wind capacity

Also read: NHPC floats EPC tender for 500 MW ISTS solar project in Tamil Nadu

ReNew Power, Adani Renewable Energy, Azure Power, Green Infra Wind Energy, and Anupavan Renewable Energy won the interstate transmission system (ISTS) wind power auction of Solar Energy Corporation of India (SECI) of 1,200 MW. ReNew Power has won 300 MW wind capacity, Green Infra Wind Energy won 180 MW capacity, and Anupavan Renewables won 150 MW capacity, each quoted Rs 2.69 per kWh. Adani Renewable Energy won 450 MW capacity, and Azure Power won 120 MW capacity, each quoted Rs 2.7 per kWh. SECI floated a tender in May 2021. However, the lowest tariff quoted in the tender was Rs 2.44 per kWh. It was found on SECI's ISTS-connected wind project auction under Tranche III in 2018. The generated power from the project will be sold to the Madhya Pradesh discoms. The discoms will procure power via Madhya Pradesh Management Company, the authorized representative for signing the power sale agreement on behalf of discoms. The developers will be responsible for land acquisition to set up the project. SECI will not be responsible for any land acquisition matters. The Revised List of Models and Manufacturers have the certified wind turbine models lists issued by the Ministry of New and Renewable Energy (MNRE), which will be allowed for deployment under the program. According to the Tranche X auction, the lowest tariff of Rs 2.69 per kWh is about 2.9% lesser than the lowest tariff of Rs 2.77 per kWh. In March 2021, Adani Renewable Energy, Evergreen Power, Ayanayana Renewable Power, and JSW Future Energy won the ISTS-connected ISTS-connected SECI's wind project auction of 1.2 GW. Adani won 300 MW wind projects of Rs 2.77 per kWh. Ayana Renewable Power with 300 MW capacity, Evergreen Power with 150 MW, and JSW Future Energy with 450 MW had quoted Rs 2.78 per kWh. According to a report, SECI has floated a tender for 15.1 GW wind projects under Tranche I to Tranche X. Out of which 11.5 GW has been tendered. Image Source Also read: JSW Renew inks pact with SECI to supply 270 MW wind capacity Also read: NHPC floats EPC tender for 500 MW ISTS solar project in Tamil Nadu

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement