Adani Green, Azure Power secure MSEDCL鈥檚 300 MW wind power projects
01 Nov 2021
2 Min Read
CW Team
The Maharashtra State Electricity Distribution Company (MSEDCL) had floated tenders for 300 MW of power from grid-connected interstate and intrastate wind projects, and Azure Power and Adani Green Energy 15 were declared winners.
Azure Power won a 180 MW capacity by quoting a tariff of Rs 3.43 or $0.045 per kWh, and Adani Green Energy won a 120 MW capacity by quoting a tariff of Rs 3.44 or $0.046 per kWh.
MSEDCL issued the tender in August to meet its non-solar Renewable Purchase Obligations (RPOs) and future power needs. The Maharashtra Electricity Regulatory Commission asked MSEDCL in 2019 to meet its non-solar RPO by procuring wind energy from projects with expired Energy Purchase Agreements (EPAs).
The successful bidders will pay for the operation and maintenance of the transmission network up to the delivery point. The successful bidder will be responsible for all approvals, permits, and clearances required for the project's operation including connectivity as well as those required from government and local bodies.
The successful bidder may also execute the project through a special purpose vehicle, such as a project company incorporated as a wholly-owned subsidiary company, before signing the PPA.
Meanwhile, the lowest wind auction tariff remains at $2.44 ($0.033) per kWh. The tariff was discovered in February 2018 during the Solar Energy Corporation of India's (SECI) Tranche-III auction of 2 GW of the interstate transmission system (ISTS)-connected wind projects.
ReNew Power won a capacity of 300 MW, Green Infra Wind Energy (180 MW), and Anupavan Renewables (150 MW) in SECI's auction for 1,200 MW ISTS-connected wind power projects (Tranche-XI) last month, each quoting Rs 2.69 or $0.0369 per kWh.
Azure Power and Tata Power were declared winners in MSEDCL's auction to procure power from grid-connected interstate and intrastate wind-solar hybrid projects on a long-term basis in June of this year. Tata Power won a 300 MW capacity and Azure Power won a 200 MW capacity, both at Rs 2.62 or $0.035 per kWh.
Also read: Maharashtra discom opens tender for 500 MW wind-solar hybrid projects
The Maharashtra State Electricity Distribution Company (MSEDCL) had floated tenders for 300 MW of power from grid-connected interstate and intrastate wind projects, and Azure Power and Adani Green Energy 15 were declared winners.
Azure Power won a 180 MW capacity by quoting a tariff of Rs 3.43 or $0.045 per kWh, and Adani Green Energy won a 120 MW capacity by quoting a tariff of Rs 3.44 or $0.046 per kWh.
MSEDCL issued the tender in August to meet its non-solar Renewable Purchase Obligations (RPOs) and future power needs. The Maharashtra Electricity Regulatory Commission asked MSEDCL in 2019 to meet its non-solar RPO by procuring wind energy from projects with expired Energy Purchase Agreements (EPAs).
The successful bidders will pay for the operation and maintenance of the transmission network up to the delivery point. The successful bidder will be responsible for all approvals, permits, and clearances required for the project's operation including connectivity as well as those required from government and local bodies.
The successful bidder may also execute the project through a special purpose vehicle, such as a project company incorporated as a wholly-owned subsidiary company, before signing the PPA.
Meanwhile, the lowest wind auction tariff remains at $2.44 ($0.033) per kWh. The tariff was discovered in February 2018 during the Solar Energy Corporation of India's (SECI) Tranche-III auction of 2 GW of the interstate transmission system (ISTS)-connected wind projects.
ReNew Power won a capacity of 300 MW, Green Infra Wind Energy (180 MW), and Anupavan Renewables (150 MW) in SECI's auction for 1,200 MW ISTS-connected wind power projects (Tranche-XI) last month, each quoting Rs 2.69 or $0.0369 per kWh.
Azure Power and Tata Power were declared winners in MSEDCL's auction to procure power from grid-connected interstate and intrastate wind-solar hybrid projects on a long-term basis in June of this year. Tata Power won a 300 MW capacity and Azure Power won a 200 MW capacity, both at Rs 2.62 or $0.035 per kWh.
Image Source
Also read: Maharashtra discom opens tender for 500 MW wind-solar hybrid projects
Next Story
Silawat Launches Projects Worth Rs 120 Million in Sanwer
Water Resources Minister Tulsi Ram Silawat inaugurated and laid foundation stones for over 100 infrastructure projects valued at more than Rs 120 million during a large-scale public event in Sanwer on Sunday.Addressing the gathering, Silawat emphasised the rapid development seen in Sanwer over the past six years. 鈥淒evelopment works worth several crores have been completed across all 15 wards,鈥� he noted. The projects cover a wide range of civic improvements including cement concrete roads, drainage systems, stormwater lines, bridges, anganwadi centres, community halls, cremation grounds, pl..
Next Story
JSW Trust Sells Rs 12.1 Billion Stake to Aid Akzo Deal
The Sajjan Jindal Family Trust has divested a 2 per cent stake in JSW Infrastructure Ltd 鈥� India鈥檚 second-largest commercial port operator 鈥� for Rs 12.1 billion, selling shares to institutional investors including the Government of Singapore. The move is part of efforts to comply with public shareholding norms and potentially fund JSW Group鈥檚 planned acquisition of Akzo Nobel India.Of the total divestment, 0.88 per cent was offloaded directly to Singapore鈥檚 sovereign entity, which acquired approximately 18.4 million shares via block deals at Rs 288 each, amounting to Rs 5.31 billion,..
Next Story
Maharashtra Approves Shipbuilding Policy to Boost Maritime Sector
The Maharashtra government has approved a new shipbuilding policy to bolster the state鈥檚 maritime infrastructure and promote ship repair and recycling industries. The Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Facility Development Policy 2025 was cleared in the latest cabinet meeting, with a Government Resolution (GR) issued on Friday.This move is expected to attract fresh investments, generate employment, and contribute to foreign exchange savings by reducing reliance on overseas shipyards. The policy aligns with the central government鈥檚 Maritime India Vision 2030 and Marit..
