Daily News Wrap-Up: Punjab’s Tender to Procure 500 MW Solar Power

NTPC floats tender for 110 MW of wind power projects in Gujarat

August 4, 2023


Punjab State Power Corporation has invited bids to purchase 500 MW of power from grid-connected ground-mount or floating solar projects located in Punjab. The last date to submit the bids online is September 12, 2023. Bids will be opened on September 14. The ceiling tariff for the tender has been set as ₹2.75 (~$0.033)/kWh.

NTPC Renewable Energy, a wholly owned subsidiary of NTPC, has invited bids to develop a 110 MW interstate transmission system-connected wind energy project at Khavda NTPC Renewable Energy Park, Gujarat. The scope of the work involves the design, engineering, micro-siting, manufacture, supply, erection, installation, testing, and commissioning of the latest Revised List of Models & Manufacturers-listed wind turbine generators with a rating of 2.7 MW or more.

Hindustan Petroleum Corporation has issued two empanelment tenders. The first tender is for empanelling engineering, procurement, and construction, including operations and maintenance contractors to set up solar power projects, and the second one is to empanel module suppliers for the bulk procurement of solar modules. The empanelment will be pan-India and valid for two years. The last day to submit the bids for both tenders is August 23, 2023. Bids will be opened on the same day.

United States-based residential solar, battery storage, and energy services company Sunrun recorded a net loss of $340.72 million during Q2 2023, a year-over-year increase of 62.4% compared to $209.76 million. During Q2 of 2023, the company generated a revenue of $590.19 million, marking a modest YoY increase of 1%. Revenue from sales of solar energy systems and products decreased by 11% to $288 million, a decline of $36.7 million, compared to the corresponding period in 2022.

The U.S. Bureau of Ocean Energy Management has announced three final offshore wind energy areas (WEAs) in Delaware, Maryland, and Virginia, potentially supporting between 4 and 8 GW of energy generation if fully developed. The total area of the three WEAs is approximately 356,550 acres. The area under WEA A-2 covers 101,767 acres and is 26 nautical miles (nm) from Delaware Bay. WEA B-1 covers 78,285 acres and is about 23.5 nm offshore of Ocean City, Maryland. WEA C-1 covers 176,506 acres and is positioned about 35 nm from the mouth of the Chesapeake Bay offshore Virginia.