power procurement

India | News | Renewable Energy

Tamil Nadu and Kerala BESS tenders show divergent tariffs
By February 3, 2026February 3, 2026

Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) and NTPC Vidyut Vyapar Nigam Ltd (NVVN) have awarded large standalone Battery Energy Storage System (BESS) projects, with discovered tariffs reflecting differing technical requirements and evolving market conditions. The energy arm of TANGEDCO, Tamil Nadu Green Energy Corporation Limited (TNGECL), has awarded a 375 MW / 1,500 MWh standalone BESS project. The tender is notable as India’s first to mandate 1.5 cycles per day over a 15-year…

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India | Generation | News

Madhya Pradesh to add 4,000 MW thermal capacity in Anuppur by 2030
By January 28, 2026January 28, 2026

The Madhya Pradesh government is in the process of finalising agreements for setting up 4,000 MW of new thermal power capacity in Anuppur district. The projects involve an estimated investment of around Rs 60,000 crore, with power generation expected to begin from 2030. The agreements follow the state government’s approval to procure 4,000 MW of electricity from new thermal power projects. Madhya Pradesh Power Management Company Limited (MPPMCL) conducted a competitive bidding process on a…

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Regulatory Updates

TNERC approves multi-track power procurement plan to manage rising demand
By January 7, 2026January 7, 2026

In a series of decisive orders issued in early December 2025, the Tamil Nadu Electricity Regulatory Commission (TNERC) has greenlit a comprehensive multi-pronged strategy to address the state’s escalating power demand and projected deficits. The approvals encompass new thermal, gas-based, and battery storage procurement, marking a significant step towards bolstering the state’s energy security and grid reliability. The driving force behind these approvals is Tamil Nadu’s rapidly growing electricity demand. Citing data from the Central…

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India | News

Centre cancels 11.4 GW renewable tenders
By August 1, 2025August 1, 2025

Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC, and SJVN issued the tenders. As of June 2025, these agencies have issued Letters of Award for 43,922 MW, but Power Sale Agreements (PSAs) remain unsigned for much of this capacity. Only 22,683 MW has secured PSAs….

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India | News

Power Ministry guidelines for designating a company as REIA
By June 26, 2025June 26, 2025

The Ministry of Power has released new guidelines to designate Renewable Energy Implementing Agencies (REIAs). These agencies will handle power procurement from solar, wind, hybrid, and energy storage projects. To qualify as a REIA, a company must be registered under the Companies Act, 2013. It must also hold a Category-I power trading license from the Central Electricity Regulatory Commission (CERC), have a net worth above Rs 500 crore, and maintain a credit rating of A…

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