Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • 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 Battery
  • 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

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

COMAU Unveils Innovative N-WG Welding Gun at Automatica 2025

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

World Bank

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

by Palak
June 28, 2025
0

The World Bank has signed a memorandum of understanding with the International Atomic Energy Agency (IAEA) to advance the safe...

COMAU N-WG Welding Gun

COMAU Unveils Innovative N-WG Welding Gun at Automatica 2025

by Palak
June 27, 2025
0

Comau’s patented, modular solution is designed to reduce total cost of ownership through improved efficiency and lower operating costs The...

JSW Ventures

StayVista Raises Over INR 40 Cr in Funding Round Led by JSW Ventures

by Palak
June 27, 2025
0

Mumbai (India) : StayVista has raised over INR 40 Cr in Series B funding, led by JSW Ventures, with participation...

EIA Data

EIA Data Reveals Record-Breaking Renewable Energy Generation in April

by Palak
June 27, 2025
0

Washington DC – A review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA)...

Sustain Labs Paris

Sustain Labs Paris Unveils 2025 Climate Leaders Cohort with 47% Indian Representation

by Palak
June 27, 2025
0

Delhi : Sustain Labs Paris (SLP), the world’s largest sustainability-focused venture builder, has unveiled the 2025 cohort of its prestigious Climate...

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

THDC

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

June 28, 2025
World Bank

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

June 28, 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

THDC Inks Deals for 184.08 MW Green Power Supply from Tehri PSP

World Bank and IAEA Ink Pact to Promote Safe Nuclear Energy in Developing Nations

Toyota Kirloskar Motor Partners with Ohmium to Advance Green Hydrogen Solutions in India

NSE Waives Transaction Charges on Electricity Futures Until December 2025

COMAU Unveils Innovative N-WG Welding Gun at Automatica 2025

An Exclusive Interview with Rachna Kango | Delta Electronics India Private Limited

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 Battery
  • 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