Indus Towers has invited global expressions of interest (EoI) to supply renewable energy of a capacity ranging from 30 MW to 100 MW for its telecom sites in Andhra Pradesh, Gujarat, and Chhattisgarh under the green energy open access regulations.

Bids must be submitted by May 19, 2025.

Bidders must have at least three years of experience in renewable energy generation.

Bids must include the following:

• A letter of interest indicating the bidder profile and state-wise deployed projects
• Details of ongoing/pipelined projects, including capacity, type, location, and expected commissioning date.
• Bidders’ financial performance documents, including audited balance sheets, profit and loss statements, auditor’s reports, and notes to accounts for the previous two years. The latest financial statement must not be older than 12 months from the EoI submission date.

Bidders must have an experienced regulatory team in the states designated for the renewable energy projects. Those who have developed at least a 100 MW renewable energy capacity under open access in any state will be given preference.

Bidders must have a minimum annual turnover of at least ₹400 million (~$4.71 million) in the last two financial years and a positive net worth during the same period. They must have a minimum liquidity ratio of one in these financial years.

Bidders must have previously sold renewable energy through open access.

Indus Towers provides passive telecom infrastructure and deploys, owns, and manages telecom towers and communications for multiple mobile operators. The company’s portfolio includes over 249,305 telecom towers, and it operates in all 22 telecom circles. It works with all wireless telecommunication service providers in India.

In February this year, Indus Towers announced it would source 50 MW of renewable energy from Amplus Tungabhadra, a special purpose vehicle of Amplus Solar, in captive mode.

In December 2024, Indus Towers announced it would procure 130 MW of solar energy from JSW Green Energy Eight, a special purpose vehicle of JSW Energy.