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According to statistics from Indian institutions, the total installed capacity of photovoltaic tenders in the third quarter of 2022 was about 14GW, an increase of 56% month-on-month; Compared with the same period last year, the installed capacity of tenders increased by 144%
year-on-year.
About 3.
75GW of PV projects were tendered in the third quarter, a decrease of 9% compared to the second quarter of 2022 and a decrease of 58%
compared to the same period last year.
Major tenders
in Q3 2022
Maharashtra Distribution Company accounted for 21% of the total PV tenders issued in Q3 2022; Railway energy management companies account for about 18%; Indian photovoltaic companies (SECI) accounted for 16%; Gujarat (GUVNL) companies accounted for 13 per cent, while other winning bidders accounted for the remaining 32 per cent
.
Key tenders for
Q3 2022 Photovoltaic
Corporation of India (SECI) has issued a tender to connect 2.
25GW of electricity sourced from renewable energy projects in the Interstate Transmission System (ISTS) and supplemented
by electricity from other sources or storage.
REMCL, a joint venture between Indian Railways and RITES Corporation, has issued a tender to build PV farms
with a total installed capacity of 1.
54GW near 25kV substations across India.
MPUVNL is bidding for the procurement of 1250MW of grid-connected PV projects
at multiple sites in central state of India under Part C of the PM-KUSUM project.
The Maharashtra Electricity Distribution Company (MSEDCL) issued a tender to source 1GW of electricity
from PV projects developed in the state.
REMC has issued a tender to procure 1GW of electricity from renewable energy projects across India, with or without battery storage systems, for a 25-year
contract.
Key Auctions
in Q3 2022 NTPC
India is the winning bidder
for the procurement of 1,255 MW of PV projects by Stirling and Wilson Renewable Energy.
Solarcraft Power India 2 (Blupine Energy), Solairedirect Energy (Engie), Tata Power Renewable Energy and Utkrrisht Solar Energy (UPC Renewables) were the winners of the GUVNL auction, respectively GUVNL will purchase 750MW of electricity
for the photovoltaic project.
Sprng Ojass, Tata Power Renewable Energy, ReNew Solar Power and TEQ Green PowerIX (O2 Power) won the bid at RUMSL to develop a 750MW wind photovoltaic hybrid project
in Central Pradesh, India.
year-on-year.
About 3.
75GW of PV projects were tendered in the third quarter, a decrease of 9% compared to the second quarter of 2022 and a decrease of 58%
compared to the same period last year.
Major tenders
in Q3 2022
Maharashtra Distribution Company accounted for 21% of the total PV tenders issued in Q3 2022; Railway energy management companies account for about 18%; Indian photovoltaic companies (SECI) accounted for 16%; Gujarat (GUVNL) companies accounted for 13 per cent, while other winning bidders accounted for the remaining 32 per cent
.
Key tenders for
Q3 2022 Photovoltaic
Corporation of India (SECI) has issued a tender to connect 2.
25GW of electricity sourced from renewable energy projects in the Interstate Transmission System (ISTS) and supplemented
by electricity from other sources or storage.
REMCL, a joint venture between Indian Railways and RITES Corporation, has issued a tender to build PV farms
with a total installed capacity of 1.
54GW near 25kV substations across India.
MPUVNL is bidding for the procurement of 1250MW of grid-connected PV projects
at multiple sites in central state of India under Part C of the PM-KUSUM project.
The Maharashtra Electricity Distribution Company (MSEDCL) issued a tender to source 1GW of electricity
from PV projects developed in the state.
REMC has issued a tender to procure 1GW of electricity from renewable energy projects across India, with or without battery storage systems, for a 25-year
contract.
Key Auctions
in Q3 2022 NTPC
India is the winning bidder
for the procurement of 1,255 MW of PV projects by Stirling and Wilson Renewable Energy.
Solarcraft Power India 2 (Blupine Energy), Solairedirect Energy (Engie), Tata Power Renewable Energy and Utkrrisht Solar Energy (UPC Renewables) were the winners of the GUVNL auction, respectively GUVNL will purchase 750MW of electricity
for the photovoltaic project.
Sprng Ojass, Tata Power Renewable Energy, ReNew Solar Power and TEQ Green PowerIX (O2 Power) won the bid at RUMSL to develop a 750MW wind photovoltaic hybrid project
in Central Pradesh, India.