+
Tata Power Auction Awards 250 MW FDRE Projects
POWER & RENEWABLE ENERGY

Tata Power Auction Awards 250 MW FDRE Projects

Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy have won Tata Power Company’s auction to supply 250 MW of firm and dispatchable renewable energy (FDRE) from projects integrated with energy storage systems, on a build-own-operate basis.

  • Juniper Green Energy secured 70 MW at Rs 4.76/kWh (~$0.0547).
  • Navayuga Engineering won 50 MW at Rs 4.76/kWh.
  • ACME Solar bagged 50 MW at the same tariff.
  • Tata Power Renewable Energy won the largest allocation of 80 MW at Rs 4.77/kWh (~$0.0548).
  • Separately, ACME Cleantech Solutions secured Solar Energy Corporation of India’s auction to supply 50,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. ACME quoted a tariff of Rs 51.89 ($0.580)/kg tariff won earlier by Jakson Green. The green ammonia will be supplied to Coromandel International in Visakhapatnam for ten years.

    At the Mercom India Renewables Summit 2025 in New Delhi, Inder Bhambra, Chief Business Officer at Envision Energy, highlighted the growing demand for hybrid renewable energy projects, the expiry of interstate transmission system waivers, and challenges for offshore projects. Jonas Dalsgaard, Chief Commercial Officer (Sustainable Energy) at Howden Group, emphasised that climate change risks should be factored into insurance policies to support renewable energy projects.

    Upcoming industry engagements include Mercom’s Buyer-Seller Meet in Hyderabad on 21 August 2025, which will focus on bridging the gap between suppliers and buyers, enabling evaluation of localised, high-quality solutions, cost comparisons, and insight into industry trends.

    Several other projects were also announced:

  • DHBVNL in vited bids to install four 2.5 MW/5 MWh standalone BESS with up to 30 per cent viability gap funding or Rs 2.7 million (~$30,850)/MWh.
  • Jodhpur Vidyut Vitran Nigam invited bids for 268 MW of solar projects with transmission lines and remote monitoring under PM-KUSUM.
  • NTPC Green Energy invited bids for 80 MW/320 MWh BESS across two Kerala substations (Pothencode and Sreekantapuram).
  • SJVN Green Energy invited bids for 401 MW of solar projects in Maharashtra as part of its 1.3 GW allocation under MSKVY 2.0.
  • In the corporate space, Fluence Energy reported Q3 FY25 revenue of $602.5 million, up 24.7 per cent year-on-year but 15 per cent below plans, posting net income of $6.9 million.  

    Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy have won Tata Power Company’s auction to supply 250 MW of firm and dispatchable renewable energy (FDRE) from projects integrated with energy storage systems, on a build-own-operate basis.Juniper Green Energy secured 70 MW at Rs 4.76/kWh (~$0.0547).Navayuga Engineering won 50 MW at Rs 4.76/kWh.ACME Solar bagged 50 MW at the same tariff.Tata Power Renewable Energy won the largest allocation of 80 MW at Rs 4.77/kWh (~$0.0548).Separately, ACME Cleantech Solutions secured Solar Energy Corporation of India’s auction to supply 50,000 tonnes per annum of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. ACME quoted a tariff of Rs 51.89 ($0.580)/kg tariff won earlier by Jakson Green. The green ammonia will be supplied to Coromandel International in Visakhapatnam for ten years.At the Mercom India Renewables Summit 2025 in New Delhi, Inder Bhambra, Chief Business Officer at Envision Energy, highlighted the growing demand for hybrid renewable energy projects, the expiry of interstate transmission system waivers, and challenges for offshore projects. Jonas Dalsgaard, Chief Commercial Officer (Sustainable Energy) at Howden Group, emphasised that climate change risks should be factored into insurance policies to support renewable energy projects.Upcoming industry engagements include Mercom’s Buyer-Seller Meet in Hyderabad on 21 August 2025, which will focus on bridging the gap between suppliers and buyers, enabling evaluation of localised, high-quality solutions, cost comparisons, and insight into industry trends.Several other projects were also announced:DHBVNL in vited bids to install four 2.5 MW/5 MWh standalone BESS with up to 30 per cent viability gap funding or Rs 2.7 million (~$30,850)/MWh.Jodhpur Vidyut Vitran Nigam invited bids for 268 MW of solar projects with transmission lines and remote monitoring under PM-KUSUM. NTPC Green Energy invited bids for 80 MW/320 MWh BESS across two Kerala substations (Pothencode and Sreekantapuram). SJVN Green Energy invited bids for 401 MW of solar projects in Maharashtra as part of its 1.3 GW allocation under MSKVY 2.0. In the corporate space, Fluence Energy reported Q3 FY25 revenue of $602.5 million, up 24.7 per cent year-on-year but 15 per cent below plans, posting net income of $6.9 million.  

    Next Story
    Infrastructure Urban

    Companies in GIFT City IFSC Cross 400 Mark

    As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

    Next Story
    Infrastructure Urban

    GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

    The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

    Next Story
    Infrastructure Transport

    PM Inaugurates Bihar Highway and New Ganga Bridge

    Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement

    Talk to us?