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 Renewable Solar

NHPC Announces Results of 1.2 GW Solar-Plus-Storage Auction

Urja Daily by Urja Daily
January 24, 2025
in Solar
Reading Time: 2 mins read
0
NHPC
Share on FacebookShare on TwitterShare on Linkedin

Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power (Rays Power Infra), ReNew Solar Power, and Adani Renewable Energy Holding Nine (Adani Green Energy Limited) have secured NHPC Limited’s auction to develop 1,200 MW inter-state transmission system (ISTS) connected solar power projects, incorporating 600 MW/1,200 MWh energy storage systems (ESS). 

Onix, Jindal, NTPC, and Kolar were awarded capacities of 100 MW, 180 MW, 300 MW, and 150 MW, respectively, at a tariff of Rs 3.09 per kWh. ReNew Solar Power and Adani Renewable Energy Holding Nine were allocated 300 MW and 170 MW, respectively, at a tariff of Rs 3.10 per kWh. The tender  was floated in September 2024, and the projects are to be completed within 24 to 30 months from signing the power purchase agreement (PPA).

RELATED POSTS

NHPC Announces Auction Results for 1,200 MW Solar Projects with 2,400 MWh Energy Storage

Shree Cement Commissions 6 MWp Solar Project in Uttarakhand

The solar power projects are to be implemented on a build-own-operate basis, with a minimum project size requirement of 50 MW, including an ESS component of at least 25 MW/50 MWh, in multiples of 10 MW. The total capacity must not exceed 600 MW (with a minimum ESS component of 300 MW/600 MWh) without the greenshoe option and 1,200 MW with the greenshoe option. For projects in the northeastern and Special Category states, the minimum capacity can be 30 MW, with an ESS component of 15 MW/30 MWh.

NHPC will purchase and sell the generated solar power to state utilities and other entities, with an ESS of at least 0.5 MW/1 MWh required for each 1 MW of contracted capacity. NHPC will enter into a 25-year PPA with the selected bidders, who must quote a single tariff for the entire project capacity. The projects are technology-agnostic, allowing the use of crystalline silicon, thin film, or concentrated photovoltaic modules, with or without trackers.

The projects must maintain a minimum capacity utilisation factor (CUF) within 10 per cent and -15 per cent of the declared value for the first ten years after commercial operation for non-peak power supply. For the remaining duration of the PPA, the CUF must remain within 10 per cent and -20 per cent of the declared annual value. Additionally, no central financial assistance will be provided for implementing these projects.

Tags: JindalKolarNHPCOnixsolarStorage
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

NHPC Limited

NHPC Announces Auction Results for 1,200 MW Solar Projects with 2,400 MWh Energy Storage

by Palak
July 17, 2025
0

NHPC Limited has announced the auction results of 1,200 MW solar projects with 2,400 MWh energy storage under its tranche...

Shree Cement

Shree Cement Commissions 6 MWp Solar Project in Uttarakhand

by Palak
July 17, 2025
0

Shree Cement Limited has commissioned a 6 MWp solar power project at its Roorkee unit in Uttarakhand. The project is...

MNRE

MNRE Reports Progress on India’s Silicon-Perovskite Tandem Solar Cells

by Palak
July 17, 2025
0

At the National Centre for Photovoltaic Research and Education (NCPRE), IIT Bombay, the Ministry of New and Renewable Energy (MNRE)...

NHPC Limited

NHPC Reveals Auction Results for 1,200 MW Solar Projects with 2,400 MWh Energy Storage System

by Palak
July 16, 2025
0

NHPC Limited has announced results for its Tranche-XI auction to set up 1,200 MW of interstate transmission system-connected solar power...

SAEL

SAEL to Establish ₹82 Billion Solar Manufacturing Plant in Uttar Pradesh

by Palak
July 16, 2025
0

The SAEL Industries Limited, through its subsidiary SAEL Solar P6 Private Limited is set to establish an integrated solar manufacturing...

Next Post
Avaada

Avaada Secures $1B for Renewables

Saatvik

Saatvik Wins 23 MW Solar EPC Projects in Himachal

Leave a Reply Cancel reply

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

RECOMMENDED

NHPC Limited

NHPC Announces Auction Results for 1,200 MW Solar Projects with 2,400 MWh Energy Storage

July 17, 2025
NTPC for Renewable Energy

Cabinet Approves Enhanced Investment Delegation to NTPC for Renewable Energy Expansion

July 17, 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

NHPC Announces Auction Results for 1,200 MW Solar Projects with 2,400 MWh Energy Storage

Cabinet Approves Enhanced Investment Delegation to NTPC for Renewable Energy Expansion

Shree Cement Commissions 6 MWp Solar Project in Uttarakhand

Cero Generation Secures £200 Million Financing for UK Solar and BESS Portfolio

wpd Inks PPA for Onshore Wind Project in Japan

Brookfield and Google Sign 3 GW Hydro Framework Agreement in the US

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