RUMSL declares 4 winners in MP hybrid power project auction

Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared winners in the auction by Rewa Ultra Mega Solar Ltd (RUMSL) for the development of 750 MW of grid-connected wind-solar hybrid power projects in Madhya Pradesh. RUMSL is a joint venture between the Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam. Sprng Ojas, Tata Power Renewable Energy, and ReNew Solar Power won 160 MW, 200 MW, and 300 MW, respectively, all quoting a tariff of Rs 3.03 ($0.038)/kWh. O2 Power had bid for 150 MW but was awarded 90 MW at Rs 3.04 ($0.038)/kWh. The project is to be designed to deliver energy at a sub-station of Madhya Pradesh Power Transmission Company (MPPTCL). The tender was floated in April this year and received a good response, oversubscribed by 530 MW. It was the first wind-solar hybrid tender issued by RUMSL. It had earlier issued tenders for solar and floating solar projects. The successful bidders will be responsible for procuring grid connectivity with MPPTCL. They must also make arrangements for evacuation and injection of surplus power into the grid at the interconnection points as agreed with distribution companies (discoms). They will bear the cost of a dedicated line, including the cost of construction, maintenance, and losses from the project up to the delivery point.See also: GUVNL announces winners of 750 MW Solar AuctionEESL seeking bids for 24 MW Polycrystalline modules in Maharashtra