Daily News Wrap-Up: Lucknow’s Solar Project Management Consultancy Tender

GRIDCO invites bids for 2.5 GWh of energy storage capacity

March 27, 2024


The Lucknow Solar Power Development Corporation (LSPDCL) has floated a tender seeking consultancy firm to establish a project management unit to assist in the implementation, execution, and monitoring of both operational and future solar power projects/solar parks. The last date for submitting bids is April 18, 2024. Bids will be opened the next day. LSPDCL was established in 2015 as a collaborative venture between the Solar Energy Corporation of India and the Uttar Pradesh New and Renewable Energy Development Agency. Its primary aim is to strategize, develop, operate, and uphold solar parks in Uttar Pradesh.

Grid Corporation of Odisha has invited bids to procure 500 MW (2,500 MWh) of energy storage capacity with 5 hours of daily peak power support for a period of five years starting April 1, 2026. The energy storage network, which can be technology-agnostic, must be connected to the central or state transmission network. The last date to submit bids is April 23, 2024. The minimum bid size is 250 MWh (50 MW x 5 hours), while the maximum is capped at 1,250 MWh (250 MW x 5 hours). The bidders’ net worth should be greater than or equal to ₹10 million (~$1,219,512)/MW of the quoted capacity on average for the last three financial years.

India’s power system must safely and successfully accelerate the adoption of Distributed Energy Resources (DER) such as solar, storage, and electric vehicles for it to meet its climate and energy goals, the U.S.-based National Renewable Energy Laboratory (NREL) has said. Increased DER integration will curb the country’s emissions and lower customers’ costs, improve system reliability, and present economic opportunities for India’s private sector. At the same time, more DERs mean the state utilities that manage India’s grid must grapple with the potential impacts, such as voltage violations and demand shifts, that DERs may have on the country’s medium- and low-voltage distribution networks.

JSW Renewable Energy, a subsidiary of JSW Neo Energy Limited and a step-down subsidiary of JSW Energy, has expanded its renewable energy portfolio with the ₹1.32 billion (~$ $15.8 million) acquisition of the 45 MW Vashpet wind project from Reliance Power. The company said this transaction has been executed as a going concern on a slump sale basis. The project is located in the Jath region of Sangli District, Maharashtra. JSW Energy’s acquisition of the wind project aligns with its renewable energy expansion plans. With a target of achieving 20 GW capacity before FY 2030 and carbon neutrality by FY 2050, this transaction will help the company advance its renewables-led growth strategy.

Navi Mumbai Municipal Corporation has invited bids to develop a 100 MW floating solar project and a 1.5 MW hydroelectric project at Morbe Dam in the Raigad district of Maharashtra. The last day to submit the bids is April 2, 2024. Bids will be opened on the next day. Bidders must furnish an earnest money deposit of ₹25 million (~$300,128). The selected bidder must submit ₹325 million (~$3.9 million) as performance security. The declared capacity utilization factor for the floating solar project should not be less than 19% annually and not more than 30% for the hydroelectric project. The floating solar project will be implemented in 60 MW and 40 MW phases.

Haryana Renewable Energy Development Agency has awarded contracts to supply, install, and commission 24,484 solar water pumping systems under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program. Companies that received contracts for more than 1,000 pumps each were Oswal Pumps (6,471), Shakti Pumps (4,573), AVI Appliances (3,360), Himalayan Solar (1,748), and Rotomag Motors and Controls (1,086). Alpex Solar also received contacts to commission 1,434 solar water pumps. The other winners who secured capacities of less than 1,000 solar pumps comprise 19 companies cumulatively accounting for 5,812 solar pumps.