Tata Power Issues EoI for 500 MW Renewable Energy Procurement

Month in a Minute: Top Headlines from the Indian Renewable Sector in December 2024

Punjab Mandi Board Floats Tender for 9.6 MW Rooftop Solar Projects

CERC Rejects Tariff for SECI’s 1,000 MWh BESS Project

Airtel to Procure Power from Amp Energy’s 50 MW Wind-Solar Hybrid Project

DISCOMs Owed Power Generators ₹673 Billion in December 2024

Altra Xergi Power Wins SECI’s 8,000 MWh FDRE VI Auction

CREDA Floats Tender for 20 MW Rooftop Solar Projects in Chhattisgarh

ITI Invites Bids for 738,000 Polycrystalline Solar Cells

Daily News Wrap-Up: GERC Approves PPA for Procuring 9 MW Hybrid Power


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					</table><p><a href="https://www.mercomindia.com/cbic-revokes-warehousing-imported-solar-goods" target="_blank" rel="noopener">The Central Board of Indirect Taxes and Customs (CBIC) has revoked the permission granted to solar developers to warehouse imported solar modules effective from December 17, 2024.</a> CBIC ruled that goods imported for solar power generation will not be allowed to undergo any manufacturing processes or operations in a warehouse. Any value addition, assembly, or process within bonded warehouses under Section 65 of the Customs Act that ultimately produces electricity is now prohibited.</p>
<p><a href="https://www.mercomindia.com/green-steel-taxonomy-and-ratings-decarbonize-faster" target="_blank" rel="noopener">The Indian government has developed a framework for defining green steel to help decarbonize the hard-to-abate steel industry and make it globally competitive.</a> The Taxonomy of Green Steel, unveiled by the Ministry of Steel and touted as a global first, has set the emissions intensity at 2.2 tons of CO2 equivalent per ton of finished steel. Only steel conforming to this standard will be given a green rating. The threshold limit for defining the star rating of green steel will be reviewed every three years, and the scope of emissions will include Scope 1, Scope 2, and a limited Scope 3 up to finished steel production.</p>
<p><a href="https://www.mercomindia.com/sjvn-invites-bids-to-enlist-channel-partners-for-1-46-mw-rooftop-solar-systems" target="_blank" rel="noopener">SJVN has issued two tenders to select channel partners for installing a cumulative 1.46 MW capacity of grid-connected rooftop solar systems on residential buildings under the PM Surya Ghar: Muft Bijli Yojana in Himachal Pradesh, Punjab, and Arunachal Pradesh</a>. The last date to submit bids is January 7, 2025. Bids will be opened on the same day. The bid document costs ₹5,900 (~$69.50). Besides supply, installation, and maintenance of the project for five years, the scope of work for both tenders includes identifying potential beneficiaries under the PM Surya Ghar program and making them aware of the program’s benefits. The channel partners will also act as aggregators of the requests received on the program’s national portal.</p>
<p><a href="https://www.mercomindia.com/sterlite-power-raises-gef-capital-enam" target="_blank" rel="noopener">Sterlite Power, a Mumbai-based power transmission company, has raised ₹7.25 billion (~$87 million) from GEF Capital Partners and ENAM Holdings for its Global Products and Solutions (GPS) business in a primary fundraising round</a>. This round marks the first significant fundraising for Sterlite’s GPS business since its demerger as an independent entity in October 2024. The company aims to use the funds raised to drive its ongoing capital expenditure, grow production capabilities, and accelerate new product development aligned with its renewable energy integration and decarbonization goals. Additionally, the company aims to expand its GPS business beyond the 70 countries it already serves.</p>
<p><a href="https://www.mercomindia.com/insolation-energy-7-gw-solar-manufacturing-madhya-pradesh" target="_blank" rel="noopener">Jaipur-based solar module manufacturer Insolation Energy has been allotted 45 acres of land by the Madhya Pradesh government to establish a solar manufacturing facility</a>. The proposed facility will have 3 GW solar cell manufacturing, 4 GW solar module manufacturing, and 24,000 metric tons aluminum frame manufacturing capacity. This project will be executed by INA’s subsidiary, Insolation Green Energy, in the Power and Renewable Energy Equipment Zone in Narmadapuram, Madhya Pradesh. The project will be implemented in two phases and require a total investment of ₹18 billion (~$211.98 million). The new manufacturing unit marks INA’s first facility outside Rajasthan and its fourth overall.</p>
<p><a href="https://www.mercomindia.com/imfa-announces-joint-venture-with-jsw-to-source-70-mw-renewable-energy" target="_blank" rel="noopener">Ferroalloy producer Indian Metals &amp; Ferro Alloys (IMFA) has announced a joint venture with JSW Green Energy to source 70 MW of renewable energy for its smelting operations.</a> IMFA has signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven, investing ₹832.6 million (~$9.8 million) in a wind-solar hybrid project that combines 50 MW solar and 100 MW wind. The company will also sign a power purchase agreement as a captive consumer valid for 25 years.</p>
<p><a href="https://www.mercomindia.com/dcm-shriram-to-procure-68-mw-of-renewable-energy-from-jsws-hybrid-project" target="_blank" rel="noopener">Diversified business group DCM Shriram will procure 68 MW of renewable energy from JSW Renew Energy Thirty-Two’s (a special-purpose vehicle of JSW Energy) wind-solar hybrid power project in Kota, Rajasthan</a>. The project will supply power to DCM Shriram’s factories in Kota and is expected to be completed by March 2026. Power procured from the hybrid project will replace 40 MW of coal-based thermal power. DCM Shriram will invest ₹600 million (~$7.06 million) in one or more special purpose vehicles of JSW to set up the wind-solar project for a 26% equity stake. DCM is already sourcing up to 43.8 MW of power from ReNew Power’s wind-solar hybrid project.</p>


Daily News Wrap-Up: CBIC Says No to Warehousing of Imported Solar Modules


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					</table><p>The <a href="https://steel.gov.in/" target="_blank" rel="noopener">Ministry of Steel</a>, under the recently <a href="https://www.mercomindia.com/cabinet-approves-%e2%82%b9197-billion-hydrogen-mission" target="_blank" rel="noopener">approved</a> National Green Hydrogen Mission, has invited research and development (R&amp;D) proposals to establish pilot projects focused on the production and utilization of green hydrogen within the iron and steel industry.</p>
<p>The ministry has earmarked a budget of ₹4.55 billion (~$55 million) specifically for the steel sector. These funds can be utilized for research, development, and demonstration activities and for setting up pilot projects for hydrogen production and utilization in the iron and steel-making processes.</p>
<p>The application of hydrogen in oxygen-rich induction (ORI) and blast furnace processes presents significant technical and economic challenges. However, these challenges also create opportunities for innovation and advancement within the industry.</p>
<p>The government aims to address these challenges by supporting projects that focus on the utilization of hydrogen in various processes, such as hydrogen-based ORI, redesigning electric arc furnaces (EAFs) to incorporate hydrogen-based ORI and hot metal transfer, adapting existing ORI plants for partial or full replacement of existing energy sources with hydrogen, and modifying designs, technologies, and machinery for hydrogen utilization in blast furnaces.</p>
<p>The proposals should cover a range of critical aspects related to the integration of hydrogen in iron and steel-making processes. The following areas should be considered:</p>
<ul>
<li>Simulation models on the use of hydrogen in iron production</li>
<li>Designing, spacing, detailing, testing, and validation of the design of machinery for new plants or for modifying and retrofitting existing designs for ORI, EAF, or components thereof</li>
<li>Hydrogen logistics in the steel-making environment for hazard mitigation</li>
<li>Pilot plans for the above</li>
</ul>
<p>Interested parties can submit proposals to the Ministry of Steel before the formal process of floating a mechanism is initiated.</p>
<p>The proposals should include a detailed project description, including its objectives, methodology, expected outcomes, and timelines.</p>
<p>An indicative budget for financial support required should be provided to access funding under the Green Hydrogen Mission.</p>
<p>Under the Green Hydrogen Mission, the <a href="https://www.mercomindia.com/government-mulls-mandating-green-steel-public-projects" target="_blank" rel="noopener">focus</a> of the steel sector until 2047 will be on green hydrogen and carbon capture. As part of the initiative, the Ministry of New and Renewable Energy has made the steel sector a stakeholder in the mission.</p>


Steel Ministry Invites Proposals to Set Up Green Hydrogen Pilot Projects

<p>The NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of the National Thermal Power Corporation (NTPC), tendered 15.52 MW of grid connected rooftop solar under the CAPEX model in various states of India in March 2017. According to <a href="http://www.nvvn.co.in/" target="_blank" rel="noopener noreferrer">NVVN</a> the tender has been issued on behalf of Central Public Sector Undertakings (CPSUs) under the Ministry of Steel. The bid submission deadline has been extended to May 29, 2017.</p>
<p>According to the tender document, the bidder can submit its bid for either the whole capacity in Part-A (15.14 MW) or Part-B (0.38 MW). They have also mandated that the modules used for the project should be manufactured in India. The rest of the components can be procured from any source.</p>
<p>The size of each project shall be in range from 1 kW to 500 kW under CAPEX Model. Project may however comprise of several rooftops units and may be separately connected to grid with separate meters.</p>
<p>The scope of work for the project includes design, engineering, manufacture, supply, storage, civil work, erection, testing and commissioning of the project, including operation and maintenance for a period of five years after commissioning of the projects. The projects will be developed under a CAPEX model. The timeframe for completion of projects is 12 months from<strong> </strong>the date of issuance of Letter of Allocation (LOA).</p>
<p><em>Image Credits: NVVN</em></p>


NTPC Vidyut Vyapar Nigam Extends Bid Submission Deadline for 15.52 MW of Grid Connected Rooftop Solar Tenders

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