Top Wind-Solar Hybrid Tenders in 2022 [Infographics]
SECI issued the largest hybrid tender of 1.2 GW
In 2022, a total of 4 GW of wind-solar hybrid tenders were floated by various implementing agencies, out of which 2.2 GW were auctioned, according to Mercom India Research.
Here is a list of the top wind-solar hybrid tenders issued in 2022:
#1 Solar Energy Corporation of India (SECI) issued the largest hybrid tender for setting up 1,200 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects (Tranche-VI) with energy storage and assured peak power supply across India.
According to Mercom’s India Solar Tender Tracker, SECI has issued a total of 5.52 GW of wind-solar hybrid tenders under Tranche I to V, out of which the entire capacity has been auctioned.
#2 The second largest tender was floated by PTC India to procure 500 MW of hybrid renewable energy (Tranche-I), with a greenshoe option for an additional 500 MW, on a long-term basis for 25 years. PTC said it planned to procure renewable power to the tune of 5,000 MW in the next 2-3 years in tranches of 500-1,000 MW each. The tender was floated to assess the market potential and procure power from interested hybrid renewable energy suppliers. At a later stage, based on the response, PTC may also sign a bilateral power purchase agreement (PPA) with the most competitive source.
#3 Rewa Ultra Mega Solar Limited (RUMSL), on behalf of Madhya Pradesh Power Management Company, issued a request for proposal for the development of 750 MW grid-connected wind-solar hybrid power projects in Madhya Pradesh.
#4 The fourth tender in the list was floated by Tata Power Delhi Distribution (TPDDL) to set up 255 MW of wind-solar hybrid power projects with a greenshoe option of an additional 255 MW across India. The projects were to be developed on a build, own, and operate basis. TPDDL will enter into a PPA with the successful bidders for 25 years from the scheduled commissioning date or from the date of full commissioning of the projects, whichever is earlier.
#5 The fifth largest tender was issued by the Maharashtra State Electricity Distribution Company (MSEDCL) for the procurement of 500 MW of wind-solar hybrid power on a long-term basis from grid-connected intrastate projects. MSEDCL would sign PPAs with the selected bidders to purchase wind-solar hybrid power for 25 years from the project’s scheduled commercial operation date.
Subscribe to Mercom’s India Solar Tender Tracker to stay on top of the real-time tender activity.