NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, has floated a tender for a 25.65 MW grid-connected rooftop solar power project for government buildings in Delhi and adjoining states, including buildings under Delhi Police. The last date to submit bids is September 9, 2024. Bids will be opened on September 10. Bidders must submit an earnest money deposit of ₹20 million (~$238,244) and a tender fee of ₹22,500 (~$268). The tender has been called for four categories: Capacity above 1,000 kW, capacity between 201 kW-1,000 kW, capacity between 51 kW – 200 kW, and capacity up to 50 kW.

NTPC Vidyut Vyapar Nigam has issued a tender for 7.131 MW grid-connected rooftop solar projects at various locations of the central armed forces and the departments under the Ministry of Home Affairs Zone 1 in Bihar and Jharkhand. The last date to submit the bids is September 3, 2024. Bids will be opened on September 4. The scope of the work covers the design, engineering, testing, and relevant activities like preliminary roof assessment, water arrangements, electricity, security, and determining optimal capacity for setting up solar projects.

India Grid Trust (IndiGrid) has partnered with British International Investment (BII), the UK’s development finance institution, and impact investor Norwegian Climate Investment Fund managed by Norfund, and Techno Electric and Engineering Company to develop its greenfield Interstate Transmission System (ISTS) projects. Under the partnership, BII and Norfund will invest in three of IndiGrid’s ISTS projects, which the company won last year. The projects that are under construction are Ishanagar Power Transmission, Dhule Power Transmission, and Kallam Transco. These projects are expected to support evacuation of about 6 GW renewable energy in Madhya Pradesh and Maharashtra.

Independent renewable power producer ReNew Power reported revenue of ₹22.81 billion (~$ 274 million), an increase from ₹ 21.25 billion (~$ 255 million) in the first quarter (Q1) of FY 2025. This represents a year-over-year (YoY) growth of approximately 7%, driven by the expansion of its renewable energy projects and increased energy sales. The net profit for the quarter was ₹394 million (~$5 million), a substantial drop of 86.7% YoY from ₹2.98 billion (~$36 million). The decline in net profit was due to increased operational costs and strategic investments in new projects aimed at future growth.