#Greenshoe

GRIDCO seeks bids for 500 MW solar power purchase

GRIDCO Odisha seeks bids for 500 MW solar, accepting offers until January 16, 2024. Bids open on January 17, with a tender document cost of ₹11,800. Earnest money deposit is ₹500,000/MW, and a performance guarantee of ₹1 million/MW is required for winning bidders. Power reception capability needed from GRIDCO by April 1, 2025, to March…

TPREL secures hybrid project with SJVN collaboration

Tata Power Renewable Energy Limited clinches a significant 200 MW Firm and Dispatchable Renewable Energy project in collaboration with SJVN Limited. This hybrid project integrates solar, wind, and storage for reliable, dispatchable energy during peak hours, reinforcing grid stability. The project is anticipated to be commissioned in 24 months, and reduce carbon emissions to around…