Torrent Power Issues 200 MW Renewable Energy Tender with Battery Storage

12 Aug 2025 CW Team

Torrent Power has floated a Request for Selection (RfS) to procure 200 MW of firm and dispatchable renewable energy (FDRE) integrated with an energy storage system (ESS), along with a greenshoe option for an additional 100 MW.

The projects can be set up anywhere in India, with power supplied to the Central Transmission Utility/interstate transmission system (ISTS) network at a location specified in the power purchase agreement (PPA). Eligible technologies include solar, wind, wind–solar hybrid, or other renewable systems paired with ESS, with the storage charged solely from renewable sources.

Key details:

Bid deadline: August 30, 2025 | Opening: September 1, 2025
EMD: Rs 2 million/MW | Performance guarantee: Rs 5 million/MW
Monthly supply obligation: Minimum 75 per cent fulfilment in peak and non-peak hours
PPA term: 25 years

Bidders must have operational or under-construction renewable capacity of at least 100 MW and meet financial thresholds, including a net worth of Rs 20 million/MW and turnover of Rs 7.5 million/MW for FY 2024–25. The scope covers project development, land acquisition, connectivity, and compliance with MNRE-approved technology lists.

Delays beyond six months from the scheduled commercial operation date may lead to capacity reduction or PPA termination.

This tender follows Torrent Green Energy’s recent win in the SECI Tranche XVIII auction for 600 MW ISTS-connected wind projects.

News source: Mercom India

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..