Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

Hexa Climate, ACME Solar, and Avaada Energy Secure 1,200 MW FDRE Project from NTPC

Urja Daily by Urja Daily
November 11, 2024
in News
Reading Time: 1 min read
0
Hexa Climate
Share on FacebookShare on TwitterShare on Linkedin

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy emerged as winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) with peak power through interstate transmission system (ISTS)-connected projects. The tender was issued in June 2024.

Hexa Climate secured 300 MW at a tariff of Rs 4.69 per kWh, while ACME Solar won 400 MW at Rs 4.70 per kWh. Additionally, Avaada Energy won 60 MW of its quoted 250 MW at Rs 4.70 per kWh under the bucket-filling method.

RELATED POSTS

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

VinFast Expands into Hyderabad with Dual Showroom Launch

These projects will be developed on a build-own-operate basis. NTPC set a minimum project size of 50 MW, with increments allowed in multiples of 10 MW, and a maximum allotment of 600 MW per bidder. Energy storage systems are required for each project, and a minimum of 90 per cent power availability during peak hours is mandated. Additionally, each project must meet a minimum declared capacity utilisation factor (CUF) of 40 per cent.

To promote FDRE, the Ministry of Power established guidelines for competitive bidding to procure firm and dispatchable renewable energy from grid-connected projects with storage. This approach aims to provide reliable renewable power to distribution companies, addressing the challenges of renewable intermittency and improving transmission system utilisation.

In October 2024, Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada emerged as the winners in SJVN’s 1,200 MW FDRE auction.

Tags: Hexa Climate
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

BPCL

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

by Palak
September 29, 2025
0

Kochi, Kerala, India - Bharat Petroleum Corporation Limited (BPCL) is celebrating sixty years of its Kochi Refinery. From a modest start...

VinFast

VinFast Expands into Hyderabad with Dual Showroom Launch

by Palak
September 26, 2025
0

Hyderabad, Telangana, India - VinFast Auto India announced the inauguration of its two showrooms in Hyderabad, further strengthening its presence...

Samsung

Samsung and Videotex Partner to Expand Tizen OS TVs in India

by Palak
September 25, 2025
0

Delhi : Videotex International Pvt. Ltd. has announced a partnership with Samsung to locally manufacture Smart TV powered by Samsung Tizen OS...

Mitsubishi Electric

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

by Palak
September 25, 2025
0

TOKYO - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Iwao Oda) today announced the introduction of KEGMIL, a...

WOTR

Maharashtra, WOTR Sign Pact to Mainstream Ecological Resilience in State Planning

by Palak
September 23, 2025
0

Pune: The Department of Environment and Climate Change, Government of Maharashtra, has signed an MoU with the Watershed Organisation Trust (WOTR)...

Next Post
Haryana Solar

Haryana Awards Contracts for 17,458 Solar Pumps

FWA

FWA and EPN’s 7th Annual Industry-Academia Conclave 2024 Declared a Success

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

BPCL

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

September 29, 2025
Montra Electric

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

September 29, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved