Sembcorp, Adani, Green Prairie, Adyant Enersol and ReNew win NTPC’s 1.2 GW Wind-Solar Auction
Author: PPD Team Date: 28/10/2024
Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW.
Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra, Adani Renewable Energy, and ReNew Solar were awarded 300 MW, 600 MW, and 30 MW, respectively, at a tariff of Rs 3.29 per kWh.
As per the tender guidelines, the wind-solar hybrid projects can be located anywhere in India and may be executed through special purpose vehicles (SPVs). Developers must adhere to government guidelines for wind power project development and the technical standards for grid-connected solar PV systems.