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 Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..