CESC awards 600 MW ISTS hybrid capacity at Rs 3.74–3.75/kWh
Author: PPD Team Date: February 27, 2026
Author: PPD Team Date: February 27, 2026
Calcutta Electric Supply Corporation (CESC) has announced the results of its tender for 600 MW of interstate transmission system (ISTS) connected wind-solar hybrid power projects. The capacity has been awarded to four bidders at tariffs ranging from Rs 3.74 to Rs 3.75 per kWh.
According to the tender results, Vismaya Renewables India Project secured 100 MW at a tariff of Rs 3.74 per kWh. Hexa Climate Solutions and Sprng Energy each secured 100 MW at a tariff of Rs 3.75 per kWh, while Purvah Green Power was awarded the remaining 300 MW at the same tariff. The projects will be developed under a build-own-operate (BOO) model at multiple locations across India.
The tender scope covers development of wind-solar hybrid projects, establishment of the transmission network up to the interconnection point, land identification, project installation and ownership, and obtaining all required approvals. The wind and solar components may be located at the same site or at separate locations.
Projects are required to be designed for interconnection with the ISTS network at a minimum voltage level of 220 kV. The tender specifies that the wind-to-solar capacity ratio should be at least 2:1.
CESC will execute 25-year power purchase agreements (PPAs) with the selected bidders. The tender was originally issued in November 2025.
The featured photograph is for representation only.
Author: PPD Team Date: March 5, 2025 Adani Green Energy Limited (AGEL) has refinanced its $1.06 billion construction facility. AGEL refinanced its maiden construction facility, originally secured in 2021, for developing India’s largest solar-wind hybrid renewable cluster in Rajasthan. The new long-term financing has a 19-year door-to-door tenor and follows a fully amortized debt model aligned with the asset’s lifecycle. This refinancing completes AGEL’s capital management program for the portfolio, ensuring long-term financial stability by…
Author: PPD Team Date: January 19, 2026 The Ministry of Power (MoP) has issued amendments to its Supplementary Guidelines for compensation related to the Right of Way (RoW) for transmission lines. The revisions target procedural delays in land valuation, aiming to accelerate the compensation process for affected landowners under the framework established in the guidelines dated March 21, 2025. The amendments specifically modify the Land Valuation Methodology. The updated procedure requires the Monitoring and Review…
Author: PPD Team Date: September 17, 2025 Suzlon Group has announced its largest order of FY26, securing 838 MW from Tata Power Renewable Energy Limited (TPREL) under a Firm and Dispatchable Renewable Energy (FDRE) project. The project will deploy 266 of Suzlon’s S144 wind turbines, each with a capacity of 3.15 MW. Installations will be spread across Karnataka with 302 MW, Maharashtra with 271 MW, and Tamil Nadu with 265 MW. This marks the company’s…
Author: PPD Team Date: December 30, 2024 NTPC Renewable Energy Ltd (NTPC REL), a step-down subsidiary of NTPC Ltd, has commenced commercial operations of 37.5 MW capacity, the first part of its 200 MW Gujarat Solar PV Project in Sadla, Gujarat, effective December 21, 2024. This addition increases NTPC Group’s total installed and commercial capacity to 76,598.18 MW. NTPC aims to achieve 50% non-fossil fuel-based generation capacity in its portfolio by 2032.
Author: PPD Team Date: December 17, 2024 Tamil Nadu Green Energy Corporation Limited (TNGECL) plans to develop 100 MW cumulative wind-solar hybrid power projects in the state. The projects are expected to be set up on a design, build, own, operate, and transfer (DBOOT) basis in Thoothukudi and Kanyakumari districts. TNGECL is preparing a detailed project report (DPR) for the initiative.
Author: PPD Team Date: December 19, 2024 The US Department of Energy (DoE) has provided a conditional commitment for a $15 billion loan to California-based electric utility PG&E. If finalized by the DoE’s Loan Programs Office (LPO), the loan will support multiple energy projects in California and strengthen the state’s energy infrastructure, helping achieve both federal and state climate goals. The upgrades will include advanced sensors, telemetry, and controls to support two-way power flow, enhancing…