Tata Power Auction Awards 250 MW FDRE Projects

21 Aug 2025 CW Team

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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..