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					</table>The energy supply from wind-solar hybrid power projects is comparatively more consistent as compared to standalone wind and solar projects, offering a better capacity utilization factor.  Co-locating these projects helps minimize the land required, and the same evacuation infrastructure can be utilized, which is the primary reason for such projects gaining popularity.
In 2024, about 11 GW of wind-solar hybrid power (without storage) tenders were floated by various implementing agencies, according to <a href="https://mercomindia.com/research-2/" target="_blank" rel="noopener">Mercom India Research</a>.
Here is a list of the top wind-solar hybrid project tenders issued in 2024:
#1 SJVN Green Energy, a subsidiary of SJVN, <a href="https://www.mercomindia.com/sjvn-green-connected-wind-solar-hybrid-projects" target="_blank" rel="noopener">invited</a> bids to select developers for setting up 1,500 MW of wind-solar hybrid power projects (Hybrid 2) connected to the interstate transmission system (ISTS). SJVN will enter into a 25-year power purchase agreement with the successful bidders to procure the generated power, intended for sale to various entities across the country.
<img loading="lazy" decoding="async" class="aligncenter wp-image-74818 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-scaled.jpg" alt="" width="2560" height="384" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-scaled.jpg 2560w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-300x45.jpg 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-2000x300.jpg 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-768x115.jpg 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-1536x230.jpg 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-2048x307.jpg 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-650x98.jpg 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-624x94.jpg 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/1-7-600x90.jpg 600w" sizes="(max-width: 2560px) 100vw, 2560px" />
#2 NTPC <a href="https://www.mercomindia.com/ntpc-wind-solar-hybrid-projects" target="_blank" rel="noopener">announced</a> a tender (Hybrid 3) to develop 1,200 MW of ISTS-connected wind-solar hybrid power projects, with an additional greenshoe option of 600 MW. Developers were required to propose a minimum capacity of 50 MW or more for the projects.
<img loading="lazy" decoding="async" class="aligncenter wp-image-74819 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-scaled.jpg" alt="" width="2560" height="384" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-scaled.jpg 2560w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-300x45.jpg 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-2000x300.jpg 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-768x115.jpg 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-1536x230.jpg 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-2048x307.jpg 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-650x98.jpg 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-624x94.jpg 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/2-7-600x90.jpg 600w" sizes="(max-width: 2560px) 100vw, 2560px" />
#3 SJVN <a href="https://www.mercomindia.com/sjvn-wind-solar-hybrid-projects" target="_blank" rel="noopener">issued</a> another tender for developing 1,200 MW of ISTS-connected wind-solar hybrid power projects (Hybrid 3). SJVN will enter into a 25-year power purchase agreement with successful bidders to procure the generated power. SJVN will facilitate the sale of this power from generators to buying entities as an intermediary procurer.
<img loading="lazy" decoding="async" class="aligncenter wp-image-74820 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-scaled.jpg" alt="" width="2560" height="384" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-scaled.jpg 2560w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-300x45.jpg 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-2000x300.jpg 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-768x115.jpg 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-1536x230.jpg 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-2048x307.jpg 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-650x98.jpg 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-624x94.jpg 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/3-9-600x90.jpg 600w" sizes="(max-width: 2560px) 100vw, 2560px" />
#4 NTPC invited bids to develop 1,200 GW of ISTS-connected wind-solar hybrid power projects (Hybrid 1) with a 600 MW greenshoe option. Developers were required to propose a minimum capacity of 50 MW, with wind or solar comprising at least 33% of the total capacity and a maximum cap of 600 MW. The auction for this was <a href="https://www.mercomindia.com/sembcorp-adani-green-win-ntpcs-1-2-gw-wind-solar-auction" target="_blank" rel="noopener">held</a> in October 2024.
<img loading="lazy" decoding="async" class="aligncenter wp-image-74821 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-scaled.jpg" alt="" width="2560" height="384" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-scaled.jpg 2560w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-300x45.jpg 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-2000x300.jpg 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-768x115.jpg 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-1536x230.jpg 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-2048x307.jpg 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-650x98.jpg 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-624x94.jpg 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/4-7-600x90.jpg 600w" sizes="(max-width: 2560px) 100vw, 2560px" />
#5 The Solar Energy Corporation of India (SECI) <a href="https://www.mercomindia.com/seci-wind-solar-hybrid-tranche-viii" target="_blank" rel="noopener">issued</a> a tender to develop 1,200 MW of ISTS-connected wind-solar hybrid power projects under Tranche VIII. The tender specified that solar and wind components must contribute at least 33% of the total contracted capacity.
<img loading="lazy" decoding="async" class="aligncenter wp-image-74822 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-scaled.jpg" alt="" width="2560" height="384" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-scaled.jpg 2560w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-300x45.jpg 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-2000x300.jpg 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-768x115.jpg 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-1536x230.jpg 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-2048x307.jpg 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-650x98.jpg 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-624x94.jpg 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/12/5-6-600x90.jpg 600w" sizes="(max-width: 2560px) 100vw, 2560px" />
Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of the real-time tender activity.

Top Wind-Solar Hybrid Project Tenders in 2024 [Infographics]

The Maharashtra State Electricity Distribution Company Limited&#8217;s (<a href="https://www.mahadiscom.in/" target="_blank" rel="noopener">MSEDCL</a>) tender to procure 500 MW of wind-solar hybrid power has received a good response from the bidders. It has been oversubscribed by 1 GW, according to Mercom sources.
The bidders&#8217; list includes Azure Power, O2 Power, Tata Power, JSW Energy, and ReNew Power.
The state distribution company (DISCOM) had <a href="https://mercomindia.com/maharashtra-bids-500-mw-of-hybrid-power/" target="_blank" rel="noopener">floated</a> the tender last month to procure 500 MW of wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects.
MSEDCL will enter into a power purchase agreement (PPA) with the selected bidders to purchase wind-solar hybrid power for 25 years from the commercial operation date of the projects.
The minimum project size of a single hybrid project for the intrastate projects should be 25 MW, with at least 10 MW project at one site. For the intrastate projects, it should be 50 MW at one site to be interconnected to a single delivery point.
Also, the interstate or intrastate projects already commissioned but lacking any long-term PPA with any agency will be considered if these projects are not already accepted under any other central or state programs and do not have any obligations towards existing buyers.
Commenting on the response from the bidders, an MSEDCL official said, &#8220;The total bids received is for about 1.5 GW, and if we compare it with the response to the recent solar tender, it is slightly less. Being a hybrid tender, MSEDCL had the clause of certified wind turbine procurement from the revised list of models and manufacturers and procurement of solar modules from the approved list of models and manufacturers. Therefore, only a few big players were eligible to bid for this capacity in compliance with both the clauses. Also, due to lower earnest money deposit and the performance bank guarantee compared to the hybrid tender, more bidders were attracted towards the solar tender rather than the hybrid tender.&#8221;
MSEDCL&#8217;s 500 MW solar tender floated last month <a href="https://mercomindia.com/msedcls-500-mw-solar-tender-oversubscribed/" target="_blank" rel="noopener">received</a> a strong response from the bidders and was oversubscribed by more than 3.5 GW.
In the previous major hybrid auction <a href="https://mercomindia.com/seci-solar-wind-hybrid-auction/" target="_blank" rel="noopener">held</a> in December last year, three companies had won the 1.2 GW of solar-wind hybrid projects quoting a tariff of ₹2.41 (~$0.0326)/kWh – the lowest-ever for hybrid projects. The tariff was discovered in the Solar Energy Corporation of India&#8217;s auction for setting up 1.2 GW of the interstate transmission system (ISTS)-connected wind-solar hybrid projects under Tranche III of the ISTS program.
ABC Renewable Energy, a subsidiary of Axis Energy, was awarded 380 MW of projects, Adani Renewable Energy Holding Eight Limited was awarded 600 MW, and AMP Energy was awarded 130 MW for ₹2.41 (0.0326)/kWh. ACME Solar had quoted ₹2.42 (~$0.0327)/kWh for 300 MW of projects but was only awarded 90 MW under the bucket-filling method.
Subscribe to Mercom&#8217;s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracke</a>r or timely updates on all solar tenders issued by various agencies in India.

MSEDCL’s 500 MW Wind Solar Hybrid Tender Oversubscribed by 1 GW

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