The Solar Energy Corporation of India (SECI) declared the results of its auction to select green hydrogen producers to set up production facilities for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition Program (Mode-1-Tranche-II). SECI awarded a total annual production capacity of 450,000 MT for a maximum allocated incentive of ₹22.39 billion (~$258.84 million).

The Central Electricity Regulatory Commission (CERC) approved the tariffs between ₹3.27 (~$0.037)/kWh and ₹3.32 (~$0.038)/kWh for NTPC to procure 1,500 MW of power from interstate transmission-connected wind-solar hybrid power projects. The Commission also approved a trading margin per the power sale agreements provisions. While approving the discovered tariffs, CERC stated that the competitive bidding process was followed, and it would be beneficial to the procurer and its consumers.

The Maharashtra Electricity Regulatory Commission approved the adoption of a tariff of ₹3.65 (~$0.0421)/kWh for Adani Electricity Mumbai (AEML-D) to procure 250 MW wind power from JSW Neo Energy for 25 years. The Commission approved the tariff and directed AEML-D to finalize its power purchase agreement with JSW Neo Energy within 30 days. AEML-D filed a petition on September 27, 2024, citing the need to procure additional wind power to fulfill its renewable purchase obligation and future electricity demand.

CERC approved a tariff of ₹2.59 (~$0.029) and ₹2.6 (~$0.03)/kWh for NTPC’s 1,500 MW interstate transmission system-connected solar projects. The Commission also approved a trading margin of ₹0.07 (~$0.00081)/kWh. The petitioner, NTPC, had issued a request for selection along with standard power purchase agreements and power sale agreements in 2023.

The Military Engineer Services, Chief Engineer Bathinda Zone, invited bids for the operation and maintenance of two solar projects in Rajasthan. Bids must be submitted by April 16, 2025. Bids will be opened on April 23. Tender 1 (Kanasar) This tender is for a 1.02 MW solar project at AGE (I) Kanasar. The project’s estimated cost is ₹72.9 million (~$843,000). The scope of work for both tenders includes manning, operation, and comprehensive maintenance services for the solar projects for 10 years.

Solar Energy Corporation of India invited bids to set up 400 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche-XVIII) under the build, own and operate model. Bids must be submitted by April 15, 2025. Bids will be opened on April 16. The scope of work entails setting up ISTS-connected wind projects, including the transmission network up to the interconnection/delivery point to primarily supply wind power to SECI. It also includes ensuring the ISTS connectivity.

PFC Consulting invited bids to augment the evacuation capacity of renewable energy by 4.5 GW and construct line bays at the Mandsaur substation in Madhya Pradesh. Bids must be submitted by May 16, 2025. Bids will be opened on the same day. The project involves creating a new 400 kV and 765 kV bus section-II through sectionalizer arrangement and a new 220 kV bus section-3 with sectionalizer arrangement at the Mandsaur pooling substation.

Commercial trucks and luxury buses manufacturer Daimler India Commercial Vehicles (DICV) signed a power purchase agreement to procure 16.2 MW of renewable energy from Zelestra India to power its factory in Oragadam, near Chennai. Zelestra will supply 29 GWh of renewable energy from its wind and solar assets in Tamil Nadu to Daimler’s factory annually. DICV manufactures trucks and buses under the BharatBenz brand and Daimler Trucks’ brands of FUSO, Mercedes-Benz, and Freightliner at its Chennai factory.

Surat-based renewable energy solutions provider KPI Green Energy secured a credit facility of ₹2.72 billion (~$31.4 million) to partly finance a 50 MW hybrid power project at Bharuch, Gujarat, comprising 75.2 MW of solar and 16.9 MW of wind capacity. The company received the final sanction letter from the National Bank for Financing Infrastructure and Development for the credit facilities. The hybrid project will be developed under a 25-year power purchase agreement with Gujarat Urja Vikas Nigam.

Wind turbine installations reached a record capacity of 121.6 GW in 2024, double the capacity commissioned in 2019, according to BloombergNEF’s 2024 Global Wind Turbine Market Shares. In 2024, 109.9 GW, or 90%, of global wind additions were on land, while 11.7 GW were offshore. The increasing number of installations is mainly driven by rapid growth in China. The country hosts six of the top ten turbine makers worldwide. However, wind capacity fell 10% year-over-year from 2023 outside China.