Sustainable power: RUVITL's dual strategy of coal and solar projects
POWER & RENEWABLE ENERGY

Sustainable power: RUVITL's dual strategy of coal and solar projects

Rajasthan Urja Vikas and IT Services (RUVITL) has initiated a bidding process to acquire 3,200 MW of coal-fired electricity and 8,000 MW of solar power. This move is aimed at addressing the growing electricity demand in the state. The guidelines set forth by the Ministry of Power and the Central Electricity Authority emphasise the necessity of having adequate capacity to meet anticipated consumer demand without needing to resort to load shedding. To overcome issues with ageing power stations and coal supply, RUVITL secured a 3,299 MW coal linkage under the SHAKTI Policy guidelines by the Ministry of Coal. This supports coal allocation for new power purchase agreements (PPAs). The project, developed under a design, build, finance, own, and operate model, can be situated anywhere in Rajasthan. The developer will also establish a dedicated transmission line to connect with the state grid. Simultaneously, RUVITL intends to acquire 8,000 MW of solar capacity to meet renewable purchase obligations set by the Ministry of Power. These obligations mandate a substantial rise in renewable energy procurement by 2029?2030.

The bidding process will involve a single tender, with participants required to offer both solar and coal-based capacities. Separate power purchase agreements for solar and coal power will be executed after an e-reverse auction determines competitive tariffs.

Rajasthan Urja Vikas and IT Services (RUVITL) has initiated a bidding process to acquire 3,200 MW of coal-fired electricity and 8,000 MW of solar power. This move is aimed at addressing the growing electricity demand in the state. The guidelines set forth by the Ministry of Power and the Central Electricity Authority emphasise the necessity of having adequate capacity to meet anticipated consumer demand without needing to resort to load shedding. To overcome issues with ageing power stations and coal supply, RUVITL secured a 3,299 MW coal linkage under the SHAKTI Policy guidelines by the Ministry of Coal. This supports coal allocation for new power purchase agreements (PPAs). The project, developed under a design, build, finance, own, and operate model, can be situated anywhere in Rajasthan. The developer will also establish a dedicated transmission line to connect with the state grid. Simultaneously, RUVITL intends to acquire 8,000 MW of solar capacity to meet renewable purchase obligations set by the Ministry of Power. These obligations mandate a substantial rise in renewable energy procurement by 2029?2030. The bidding process will involve a single tender, with participants required to offer both solar and coal-based capacities. Separate power purchase agreements for solar and coal power will be executed after an e-reverse auction determines competitive tariffs.

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?