Rajasthan Rajya Vidyut Utpadan Nigam Limited has completed its VGF tender for 500 MW or 2,000 MWh of standalone battery storage. Six developers won capacity under build own operate agreements paired with 15 year power purchase contracts. The tender was issued in August 2025. It produced a uniform tariff of Rs 285000 per MW per month. Patanjali Ayurved secured the largest share with 250 MW or 1000 MWh. The remaining 250 MW was split among…
GAIL India Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have signed a joint venture agreement to set up large-scale renewable energy projects and integrate them with existing gas-based power capacity in Rajasthan. The new joint venture company will develop 750 MW of solar and 250 MW of wind power. These will be bundled with output from two existing gas-based power plants to enable complementary generation. The plants include a 330 MW facility in…
NTPC Limited has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to jointly own and operate the Chhabra thermal power plant. The 2,320 MW plant, currently managed by RVUNL, comprises four 250 MW units (Stage 1) and two 660 MW units (Stage 2). Under this 50:50 partnership, the joint venture aims to manage the plant’s operations and explore capacity expansion opportunities.