Ayana Renewable Power, Jindal Green (Jindal Renewables), Bhalki Solar Power, Purvah Green Power, ReNew Solar Power, and ACME Solar Holdings have won the Railway Energy Management Company’s (REMCL) auction to supply 1,000 MW round-the-clock (RTC) renewable energy.

Ayana Renewable Power won 140 MW. Jindal Green was awarded 150 MW. Bhalki Solar Power won 200 MW, while Purvah Green won 180 MW, and ReNew Solar won 200 MW, each with a tariff of ₹4.35 (~$0.049)/kWh

ACME won 130 MW out of the 1,000 MW under the bucket filling method, also with a tariff of ₹4.35 (~$0.049)/kWh.

REMCL floated the tender in July this year.

The successful bidders must set up the renewable energy projects and any associated dedicated transmission network, including connectivity up to the delivery point at a voltage level of 220kV or above, at their own cost.  The projects must ensure annual availability of 75% for the first three years of operation and 85% for the remaining contract term.

Bidders must set up renewable power projects with or without storage at their own cost. A power purchase agreement must be signed for 25 years.

All approvals, permits, and clearances required for setting up the projects or the dedicated transmission network will be the responsibility of the selected bidders.

The projects may be located anywhere in India, and renewable energy generation components, including storage systems where applicable, can either be co-located or positioned across multiple sites. The components of RTC generation, including solar, wind, and hydro, must be connected to separate substations on the interstate transmission system.

In July this year, REMCL issued a tender to implement a 3 MW solar project at the Dedicated Freight Corridor Corporation of India complex in Noida, Uttar Pradesh.

In June, REMCL invited bids to set up a cumulative 1.25 MW of rooftop solar projects at four railway stations in Maharashtra.

Earlier, REMCL issued a request for selection for the supply of 500 MW of round-the-clock power from grid-connected renewable energy projects, with or without storage.