Tata Power Invites EoI for 500 MW Renewable Energy Procurement
POWER & RENEWABLE ENERGY

Tata Power Invites EoI for 500 MW Renewable Energy Procurement

Tata Power Trading Company (TPTCL), a subsidiary of Tata Power, has released an Expression of Interest (EoI) to procure up to 500 MW of renewable energy, encompassing solar, wind, hybrid, hydroelectric projects, or green attributes for a contract period of up to 25 years. Interested bidders must submit their proposals by January 31, 2025. The procurement scope includes off-taking energy or green attributes generated from renewable projects, with flexibility for physical or virtual procurement. The delivery point will be the interconnection between the project and the central or state transmission utility network. A minimum bid of 10 MW is required, with the contract extending up to 25 years.

Criteria:

  • Bidders may be utilities, single companies, or consortiums.
  • A minimum net worth of Rs 100 million is mandatory.
  • Depending on capacity, additional net worth requirements apply:
  • 10 MW to 50 MW: Rs 500 million
  • 50 MW to 100 MW: Rs 1 billion
  • 100 MW to 200 MW: Rs 2 billion
  • 200 MW to 300 MW: Rs 3 billion
  • 300 MW to 400 MW: Rs 4 billion
  • 400 MW to 500 MW: Rs 5 billion

Amid volatile coal and gas prices, TPTCL aims to offer end buyers a stable generation tariff for renewable energy over the 25-year term.

Recently, TPTCL signed a power purchase agreement to supply 10.8 MW of wind energy to Noida International Airport through assets secured from Tata Power Renewable Energy’s group captive projects.

(mercom)

Tata Power Trading Company (TPTCL), a subsidiary of Tata Power, has released an Expression of Interest (EoI) to procure up to 500 MW of renewable energy, encompassing solar, wind, hybrid, hydroelectric projects, or green attributes for a contract period of up to 25 years. Interested bidders must submit their proposals by January 31, 2025. The procurement scope includes off-taking energy or green attributes generated from renewable projects, with flexibility for physical or virtual procurement. The delivery point will be the interconnection between the project and the central or state transmission utility network. A minimum bid of 10 MW is required, with the contract extending up to 25 years. Criteria: Bidders may be utilities, single companies, or consortiums.A minimum net worth of Rs 100 million is mandatory.Depending on capacity, additional net worth requirements apply:10 MW to 50 MW: Rs 500 million50 MW to 100 MW: Rs 1 billion100 MW to 200 MW: Rs 2 billion200 MW to 300 MW: Rs 3 billion300 MW to 400 MW: Rs 4 billion400 MW to 500 MW: Rs 5 billion Amid volatile coal and gas prices, TPTCL aims to offer end buyers a stable generation tariff for renewable energy over the 25-year term. Recently, TPTCL signed a power purchase agreement to supply 10.8 MW of wind energy to Noida International Airport through assets secured from Tata Power Renewable Energy’s group captive projects. (mercom)

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?