Sprng Energy, Tata, ReNew, O2 Power Winners in RUMSL’s 750 MW Wind-Solar Hybrid Auction

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Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared winners in Rewa Ultra Mega Solar Limited’s (RUMSL) auction for the development of 750 MW of grid-connected wind-solar hybrid power projects in Madhya Pradesh, according to Mercom sources.

RUMSL is a joint venture between the Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam.

Sprng Ojas, Tata Power Renewable Energy, and ReNew Solar Power won 160 MW, 200 MW, and 300 MW, respectively, all quoting a tariff of ₹3.03 (~$0.038)/kWh. O2 Power had bid for 150 MW but was awarded 90 MW at ₹3.04 (~$0.038)/kWh.

RUMSL 750 MW Hybrid Auction

The project must be designed to deliver energy at Madhya Pradesh Power Transmission Company’s (MPPTCL) sub-station.

The tender was floated in April this year and received a good response, oversubscribed by 530 MW. It was the first wind-solar hybrid tender issued by RUMSL. It had earlier issued tenders for solar and floating solar projects.

The successful bidders will be responsible for procuring grid connectivity with MPPTCL. They must also make arrangements for evacuation and injection of surplus power into the grid at the interconnection points as agreed with DISCOMs. They will bear the cost of a dedicated line, including the cost of construction, maintenance, and losses from the project up to the delivery point.

In May this year, Amp Energy, NHDC, and SJVN were declared winners in RUMSL’s auction for the 600 MW floating solar park at the Omkareshwar reservoir. Amp Energy won 100 MW quoting a tariff of ₹3.21 (~$0.041)/kWh, while NHDC won 100 MW at ₹3.22 (~$0.042)/kWh. SJVN won the remaining capacity of 100 MW at ₹3.26 (~$0.043)/kWh. The auction was held for the project’s first phase of 300 MW.

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