Renew, Tata Power Among Winners in SJVN’s 1.2 GW FDRE Auction

03 Mar 2025 CW Team

Renew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy have secured SJVN’s auction for 1,200 MW ISTS-connected firm and dispatchable renewable energy projects.

Of the total 448 MW awarded, Renew Solar won 100 MW at a tariff of Rs 4.82/kWh, EG Energy 60 MW at Rs 4.83/kWh, Dineshchandra 100 MW at Rs 4.86/kWh, Serentica 100 MW at Rs 4.89/kWh, and Tata Power 88 MW at Rs 4.91/kWh.

The tender, floated in July 2024, also offered a greenshoe capacity of up to 1,200 MW, with bid sizes ranging from 50 MW to 600 MW. Projects will use established, operational technologies to minimise risk and ensure timely commissioning, following government guidelines for wind turbines, solar modules, and balance of systems. The annual capacity utilization factor must be at least 75%.

In November 2024, Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada won SJVN’s FDRE II auction for 1,200 MW of renewable energy with storage, offering tariffs of Rs 4.25/kWh and Rs 4.26/kWh.

(Mercom)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..