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

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..