NTPC Awards 1,200 MW Wind-Solar Hybrid Projects; JREDA Issues EOI For Solar Power Developers To Set Up 500 kW Grid-Connected Solar Plants and More...

NTPC Limited recently concluded an auction for 1,200 MW of wind-solar PV hybrid power projects connected to the interstate transmission system. The auction achieved a discovered tariff range of ?3.38 to ?3.44 per kWh, setting a benchmark for competitive pricing in India’s renewable energy sector. All 1,200 MW of tendered capacity were awarded, with five companies emerging as winners.

The Jharkhand Renewable Energy Development Agency (JREDA) has issued an Expression of Interest (EOI) for selecting solar power developers to establish grid-connected, ground-mounted solar photovoltaic power plants in the state of Jharkhand. This initiative is under the Build, Own, and Operate (BOO) model and forms part of the state’s ambitious solar policy aimed at promoting renewable energy sources and achieving a solar capacity addition of 4,000 MW in the coming years.

The Solar Energy Corporation of India Limited (SECI) has released a Request for Selection (RfS) for the development of a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala. This project, under the Viability Gap Funding (VGF) mechanism, aims to integrate renewable energy effectively into the grid. SECI, acting as an intermediary nodal agency, will manage the project under a Build-Own-Operate (BOO) model, with the battery energy storage designed for “on-demand” usage.

India’s power sector has made remarkable strides in FY 2024-25, setting new records in energy generation, transmission, and distribution. These achievements highlight the government’s unwavering commitment to building a sustainable, reliable, and affordable energy system for the country. From record power demand to energy shortages almost being eliminated, India is positioning itself as a global leader in energy.

On New Year’s Day 2025, Shri Pradip Kumar Das, Chairman and Managing Director of Indian Renewable Energy Development Agency Limited (Ireda) , addressed all employees via video conferencing. The address was attended by senior officials, including Dr. Bijay Kumar Mohanty, Director (Finance), Shri Ajay Kumar Sahani, Chief Vigilance Officer, and other key figures.