Ayana, BPCL win 293 MW under MPPMCL wind tender at Rs 4.12-4.17/kWh
Madhya Pradesh Power Management Company Limited (MPPMCL) has awarded 293 MW under its 800 MW wind power tender, with the remaining capacity yet to be allocated. The results, published on the e-tendering portal following the e-reverse auction concluded on June 30, 2026, show that Ayana Renewable Power Private Limited secured 193 MW at a tariff of Rs 4.17/kWh, while BPCL won 100 MW at Rs 4.12/kWh. The awards come about a year after the tender was issued in June 2025.
Ayana, a wholly owned subsidiary of ONGC NTPC Green Private Limited, confirmed its successful bid in a press release, stating that the allocation was made in accordance with the Request for Selection (RFS) conditions.
ONGC NTPC Green Private Limited is a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited.
The tender was floated for the purchase of 800 MW of wind power through a competitive bidding process followed by an e-reverse auction from projects set up anywhere in India, with a “Greenshoe Option” of additional capacity of up to 100% (800 MW).
The procurement is intended to help Madhya Pradesh’s three distribution companies, Madhya Kshetra, Poorv Kshetra and Paschim Kshetra Vidyut Vitaran Companies, meet their Renewable Purchase Obligation (RPO) targets and future power requirements.
Tender conditions
Under the MPPMCL tender, successful bidders are responsible for identifying land, developing and owning the projects, obtaining statutory clearances, and securing connectivity with either the Interstate Transmission System (ISTS) or the Intrastate Transmission System (InSTS). Projects connected to the InSTS must be located within Madhya Pradesh.
The tender requires bidders to maintain a minimum Capacity Utilisation Factor (CUF) of 22% and supply energy between 80% and 120% of the declared CUF throughout the Power Purchase Agreement (PPA) period, except in cases of force majeure.
For ISTS-connected projects, MPPMCL may consider applicable ISTS charges and transmission losses while evaluating tariff competitiveness. The tender also provides for specified loading on the initial quoted tariff during the auction process.
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