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Serbia Announces 425 MW Wind and Solar Tender


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					</table><p>The Bikaner Division — Electrical, <a href="https://nwr.indianrailways.gov.in/" target="_blank" rel="noopener">North Western Railway</a>, has issued a tender for a cumulative capacity of 2,068 kW grid-connected rooftop solar power systems at railway residential quarters.</p>
<p>The last date to submit bids is August 23, 2024. Bids will be opened on the same day.</p>
<p>Bidders must submit an earnest money deposit of ₹604,700 (~$7,215). The advertised value of the tender is ₹9.09 million (~$108,122). The project should be completed within four months.</p>
<p>The scope of work covers the supply, installation, testing, and commissioning of 2,068 kW on-grid solar projects at railway residential areas in the Bikaner Division. It also includes a wall-mounted type inverter, SPV array, module mounting structure, power conditioning unit, MPPT, controls, protections, interconnecting cables, switch gears, and the required features to improve the grid power.</p>
<p>Bidders should have a valid electrical contractor license issued by the government.</p>
<p>They should have also completed any one of the following during the last seven years –</p>
<ul>
<li>Three similar works, each costing not less than the amount equal to 30% of the tender&#8217;s advertised value</li>
<li>Two similar works, each costing not less than the amount equal to 40% of the tender&#8217;s advertised value</li>
<li>One similar work, each costing not less than the amount equal to 60% of tender&#8217;s advertised value</li>
</ul>
<p>Bidders must have a minimum average annual contractual turnover of V/N or V whichever is less; where V= advertised value of the tender in rupees and N= number of years prescribed for the completion of work. The average annual contractual turnover will be calculated as an average of total contractual payments in the previous three financial years, as per the audited balance sheet.</p>
<p>In June, the Hyderabad Division, Electrical—South Central Railway, <a href="https://www.mercomindia.com/south-central-railway-invites-bids-2-7-mw-rooftop-solar-systems" target="_blank" rel="noopener">issued</a> a tender for 2.742 MW of rooftop solar systems of different capacities at station buildings, residential buildings, and level crossings and a ground-mounted 300 kW solar project.</p>
<p>In May, the South Central Railway <a href="https://www.mercomindia.com/southern-railway-invites-bids-for-rooftop-solar-projects-in-chennai" target="_blank" rel="noopener">invited</a> bids for setting up grid-connected rooftop solar projects of a cumulative capacity of 1.55 MW at various service buildings and railway colonies in the Chennai Division.</p>
<p>Subscribe to Mercom’s <a href="https://www.mercomindia.com/product/india-solar-tender-tracker" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of tender activity in real-time.</p>


North Western Railway Invites Bids for 2 MW Rooftop Solar Systems


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					</table><p><a href="https://www.mercomindia.com/north-western-railway-floats-tender-for-2-74-mw-rooftop-solar-systems" target="_blank" rel="noopener">North Western Railway has issued a tender for a cumulative capacity of 2.748 MW of grid-connected rooftop solar systems</a> at platform shelters and station buildings in Jaipur. The last date to submit the bids is August 23, 2024. Bids will be opened on the same day. The project must be completed in six months. The tender has been floated in two packages —1,515 kW and 1,233 kW for an estimated value of ₹113.53 million (~$1.35 million). Bidders must pay an earnest money deposit of ₹717,700 (~$8,560.52).</p>
<p><a href="https://www.mercomindia.com/pesl-issues-tender-for-residential-rooftop-solar" target="_blank" rel="noopener">The PowerGrid Energy Services (PESL), a subsidiary of Power Grid Corporation of India, has invited bids to empanel channel partners</a> for rate contracts to install residential rooftop solar systems in Ladakh, Lakshadweep, Puducherry, and Odisha under the PM Surya Ghar: Muft Bijli Yojana. The last date to submit bids is August 31, 2024. Bids will be opened on September 2. Bidders must furnish an earnest money deposit of ₹320000 ($3,816). The scope of the work covers PESL working with channel partners to connect with EPC vendors and distribution companies to complete the installation of the rooftop solar systems. The channel partners will also act as aggregators in states/Union Territories and tie up with EPC vendors to complete the project.</p>
<p><a href="https://www.mercomindia.com/adani-energy-solutions-via-qip-route" target="_blank" rel="noopener">Adani Energy Solutions (AESL) has raised ₹83.73 billion (~$1 billion) through a qualified institutional placement (QIP).</a> The proceeds from the QIP will be utilized for investment in transmission assets, such as building bulk evacuation corridors for renewable power, the smart metering business, debt repayment, and general corporate purposes. The QIP represents AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises in July 2015. The transaction was launched on July 30, 2024, with a base deal size of ₹58.61 billion ($700 million) and included a greenshoe option to size up to ₹83.73 billion ($1 billion).</p>
<p><a href="https://www.mercomindia.com/amara-raja-energy-mobilitys-2025" target="_blank" rel="noopener">Battery manufacturer Amara Raja Energy &amp; Mobility has announced a profit before tax of ₹3.29 billion (~$39.1 million)</a> for the first quarter of the financial year FY 2025, up 23% year-over-year (YoY) from ₹2.66 billion (~$31.6 million). For the quarter ending June 30, the company reported revenue from operations amounting to ₹31.31 billion (~$372.9 million), an increase of 12.9% YoY from ₹27.71 billion (~$330 million). Strong volumes in the automotive aftermarket, OEMs, and export markets drove the revenue growth.</p>
<p><a href="https://www.mercomindia.com/nextrackers-net-income-as-global-demand-grows" target="_blank" rel="noopener">Solar tracker firm Nextracker has recorded a net income of $139 million, a 95% year-over-year (YoY) increase compared</a> to $71 million for the first quarter (Q1) of the financial year 2025, reflecting significant growth across various metrics. The company reported a 50% YoY increase in revenue, reaching $720 million for Q1 FY25. This marks the sixth consecutive quarter of double-digit revenue growth, driven by healthy demand in both U.S. and international markets. The company achieved a record-adjusted EBITDA of $175 million, an increase of 108% YoY from $84 million, underscoring its operational efficiency and profitability.</p>
<p><a href="https://www.mercomindia.com/iex-july-2024" target="_blank" rel="noopener">The Indian Energy Exchange traded its highest monthly green energy volume of 989.6 MU million units (MU) in July 2024</a>, a 259% year-over-year (YoY) increase from 275.4 MU. The weighted average Green Day-Ahead Market (G-DAM) price was ₹4.34 (~$0.052)/kWh. G-DAM cleared volume recorded an all-time high of 50 MU on July 28. The Exchange achieved the highest monthly total volume (including certificates) of 13,250 MU in July 2024, marking a 56% YoY increase. According to government data published in July 2024, the country’s energy consumption reached 145.4 BUs, representing a 4% increase YoY.</p>
<p><a href="https://www.mercomindia.com/uk-increases-renewable-energy-auction-budget-to-1-5-billion" target="_blank" rel="noopener">The budget for the UK’s sixth renewable energy Contracts for Difference (CfD) Allocation Round (AR6) has been increased</a> by 51.71% to £1.555 billion (~$1.91 billion) from £1.025 billion (~$1.30 billion) allocated in March 2024. The AR6 will be valid for five years, from financial years 2026 to 2031. The funding aims to accelerate the delivery of clean, affordable, low-carbon electricity to families and businesses from renewable energy technologies such as wind turbines and solar panels. The industry will now bid for a share of the funding through the government’s sixth renewable auction—the CfD program.</p>


Daily News Wrap-Up: North Western Railway Issues 2.7 MW Rooftop Solar Tender


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					</table><p><a href="https://www.mercomindia.com/mnre-to-residential-rooftop-solar-installations" target="_blank" rel="noopener"><strong>The Ministry of New and Renewable Energy has allocated ₹10 billion (~$119.5 million) to incentivize Urban Local Bodies</strong></a> and Panchayati Raj Institutions to actively promote and facilitate the adoption of residential rooftop solar systems under the PM Surya Ghar: Muft Bijli Yojana. The PM Surya Ghar: Muft Bijli Yojana, approved in February this year, is a comprehensive scheme designed to enhance rooftop solar capacity across India. With a total financial outlay of ₹750.21 billion (~$8.9 billion), the program targets the installation of rooftop solar systems in 10 million households by FY 2026-27. The incentive program aims to encourage local governance structures in urban and rural areas to promote the program.</p>
<p><a href="https://www.mercomindia.com/ohmium-launches-gigafactory-in-bengaluru" target="_blank" rel="noopener"><strong>Ohmium International, a provider of green hydrogen solutions, has launched a gigafactory in Doddaballapura</strong></a>, near Bengaluru. The facility, spanning 14,000 square meters, will produce 2 GW of Proton Exchange Membrane (PEM) electrolyzers annually, with plans to expand production capacity to 4 GW. Ohmium’s India subsidiary had been chosen as the preferred partner by NTPC Renewable Energy Limited to deploy Ohmium’s PEM electrolyzers in projects totaling 400 MW.</p>
<p><a href="https://www.mercomindia.com/blupine-secures-%E2%82%B94-36-billion-for-a-120-mw-solar-project-in-gujarat" target="_blank" rel="noopener"><strong>Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India</strong> </a>for its 120 MW solar project in Panshina and Radhanpur in Gujarat. The electricity generated from this project will be supplied to Gujarat Urja Vikas Nigam under a power purchase agreement for 25 years from the scheduled commercial operation date. The project is expected to produce around 298,000 MWh of energy annually and supply power to approximately 270,000 households.</p>
<p><a href="https://www.mercomindia.com/north-western-railway-for-2-mw-rooftop-solar" target="_blank" rel="noopener"><strong>The Bikaner Division of North Western Railway has invited bids to install 2,068 kW of grid-connected rooftop solar systems</strong></a> atop residential buildings. The contract value is ₹90.94 million (~$1.08 million). The last date to submit the bids is August 12, 2024. Bids will be opened on the same day. The selected bidder must install the systems within four months of receiving the work order. The scope of work includes supplying, installing, and commissioning the grid-connected rooftop solar systems with mono crystalline panels, inverters, MS hot-dipped galvanized structures, power conditioning units, junction boxes, AC and DC distribution boards, armored power and control cables, remote data monitoring system, and net metering.</p>
<p><strong><a href="https://www.mercomindia.com/rtc-renewable-products-must-be-redesigned" target="_blank" rel="noopener">In its Economic Survey 2023-2024 presented to the Parliament by Finance Minister Nirmala Sitaraman, the Union Government</a></strong> has said round-the-clock (RTC) renewable energy products designed for the present demand pattern may have to be revised as such projects face several deployment challenges. RTC supply aims to match the buyer’s energy demand curve through renewable energy power projects with energy storage systems. However, recent RTC projects in India have discovered higher tariffs than those for solar and wind projects without energy storage, reflecting the internalization of externalities related to intermittent power generation.</p>
<p><a href="https://www.mercomindia.com/creating-a-supportive-policy-environment-for-renewable-energy-deployment" target="_blank" rel="noopener"><strong>Facilitating the widespread adoption of renewable energy requires a coordinated effort between state and central agencies</strong></a><strong>.</strong> Equally important is establishing a policy regime that leaves no room for ambiguities for project developers, manufacturers, and end-users alike. Policies conducive to all segments of the clean energy sector is a must for India to achieve the goal of installing 500 GW of non-fossil fuel power capacity by 2030. Policy and regularity clarity at the federal and state levels are central to realizing this goal. During the session titled <strong>‘Renewable Energy Project Development–Creating an Enabling Policy Environment that Supports Renewable Deployment’</strong>, at the Mercom India Renewables Summit 2024, developers and policymakers will discuss challenges, examine potential strategies, and offer recommendations to help India achieve its renewable energy objectives.</p>
<p><a href="https://www.mercomindia.com/corporate-renewable-energy-adoption" target="_blank" rel="noopener"><strong>Corporates and industries are at the forefront of decarbonization, setting ambitious net-zero targets and striving to achieve them</strong></a> through renewable energy adoption. These efforts include investing in green technologies, aligning business strategies with climate goals, and collaborating across the value chain to minimize carbon footprints. Beyond environmental benefits, these actions enhance corporate competitiveness, resilience, and reputation. Rooftop solar and open-access solutions have become particularly attractive, providing environmentally friendly and economically viable energy options for businesses seeking to go green while reducing operating expenses. The ‘Mercom India Renewables Summit 2024,’ scheduled for July 25-26 in New Delhi, will address these critical issues. One of the key sessions, titled ‘<strong>Industrial and Commercial Units Driving Green Energy Agenda</strong>,’ will take place on July 26, 2024.</p>
<p><strong><a href="https://www.mercomindia.com/renewable-energy-growth-rate-irena" target="_blank" rel="noopener">The International Renewable Energy Agency (IRENA) has released a new report saying the world must achieve a minimum annual growth rate</a></strong> of 16.4% in renewable energy installations to triple capacity by 2030, a target set at COP28 in the UAE. IRENA Director-General Francesco La Camera stressed that while renewable energy outperforms fossil fuels, the current pace is lackingThe report reveals that if last year’s 14% increase rate continues, the world will fall 1.5 TW short of the 11.2 TW target by 2030, missing it by 13.5%. If growth reverts to the historical 10% rate, it would result in only 7.5 TW of renewable capacity by 2030, nearly one-third below the target.</p>
<p><a href="https://www.mercomindia.com/germany-adds-3-4-gw-of-2024-down-from-last-year" target="_blank" rel="noopener"><strong>Germany installed 3.4 GW of solar power capacity in the second quarter of 2024, a 10.5% year-over-year decrease</strong></a> from 3.8 GW, according to data published by the German Federal Network Agency Bundesnetzagentur. The installations for January were 1.47 GW, February (1.14 GW), and March (1.1 GW). Germany aims to install 215 GW of solar capacity by 2030, with 22 GW of capacity additions yearly. To reach the 215 GW target, the monthly installation needs to be 1,587 MW, as noted by Bundesnetzagentur at the end of Q1 2024.</p>
<p><a href="https://www.mercomindia.com/first-solar-opens-plant-for-thin-film" target="_blank" rel="noopener"><strong>U.S.-based photovoltaic module manufacturer First Solar has commissioned a new 1.3 million square feet research</strong></a> and development facility in Lake Township, Ohio. The Jim Nolan Center for Solar Innovation features a high-tech pilot manufacturing line capable of producing full-sized prototypes of thin film and tandem PV modules. The facility is expected to accelerate innovation cycles by overcoming limitations and constraints faced at the company’s previous R&amp;D setup.</p>


Daily News Wrap-Up: MNRE Allocates ₹10 Billion to Promote Rooftop Solar Systems


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					</table><p>The Bikaner Division of <a href="https://nwr.indianrailways.gov.in/" target="_blank" rel="noopener">North Western Railway</a> has invited bids to install 2,068 kW of grid-connected rooftop solar systems atop residential buildings.</p>
<p>The contract value is ₹90.94 million (~$1.08 million).</p>
<p>The last date to submit the bids is August 12, 2024. Bids will be opened on the same day.</p>
<p>Bidders must furnish an earnest money deposit of ₹604,700 (~$7,228).</p>
<p>The selected bidder must install the systems within four months of receiving the work order.</p>
<p>The scope of work includes supplying, installing, and commissioning the grid-connected rooftop solar systems with mono crystalline panels, inverters, MS hot-dipped galvanized structures, power conditioning units, junction boxes, AC and DC distribution boards, armored power and control cables, remote data monitoring system, and net metering.</p>
<p>Bidders should have completed three similar works, each costing at least 30% of the contract value, or two similar works, each costing at least 40% of the contract value, or one similar work costing not less than 60% of the contract value during the last seven years.</p>
<p>A similar nature of work here refers to the supply, erection, testing, and commissioning of rooftop solar systems, both off the grid and on the grid, with or without battery backup, for general use or street lights.</p>
<p>Bidders must have a minimum average annual contractual turnover of V/N or V, whichever is less, where V is the value of the tender in rupees and N is the number of years prescribed for the completion of the work for which bids have been invited.</p>
<p>The annual contractual turnover will be calculated as the average total payments over the previous three financial years.</p>
<p>The Jaipur Division of North Western Railway recently <a href="https://www.mercomindia.com/north-western-railway-7-mw-rooftop-solar/" target="_blank" rel="noopener">invited</a> bids to install 7,287 kW of grid-connected rooftop solar systems atop residential buildings.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> for timely updates on all solar tenders issued by various agencies in India.</p>



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					</table><p><strong><a href="https://www.mercomindia.com/ncr-transport-corporation-rooftop-solar-project" target="_blank" rel="noopener">The National Capital Region Transport Corporation has invited bids for a 4.9 MW rooftop solar power project in the Delhi-Ghaziabad-Meerut Regional Rapid Transit System</a></strong> Corridor. The scope of work includes design, engineering, supply, installation, testing, commissioning, and operation and maintenance under the renewable energy service company model for 25 years. The last date for submitting bids is August 12, 2024. Bids will open the next day.</p>
<p><strong><a href="https://www.mercomindia.com/north-western-railway-7-mw-rooftop-solar" target="_blank" rel="noopener">The Jaipur Division of North Western Railway has invited bids to install 7,287 kW of grid-connected rooftop solar systems atop residential buildings.</a></strong> The contract value is ₹301.05 million (~$3.6 million). The last date to submit the bids is August 2, 2024. Bids will be opened on the same day. The scope of work includes supplying, installing, and commissioning the grid-connected rooftop solar system with mono crystalline panels, inverters, MS hot-dipped galvanized structures, power conditioning units, junction boxes, AC and DC distribution boards, armored power and control cables, remote data monitoring system, and net metering.</p>
<p><strong><a href="https://www.mercomindia.com/seci-invites-bids-for-green-facilities-under-sight-program" target="_blank" rel="noopener">The Solar Energy Corporation of India has invited bids for the selection of green hydrogen producers to set up production facilities for green hydrogen in India under the Strategic</a></strong> Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-II). The last date to submit bids is August 21, 2024. Bids will be opened on August 27. Bidders must submit a non-refundable document fee of ₹25,000 (~$299.3) and a bid processing fee of ₹20,000 (~$239.4)/MW for the quoted capacity subject to a maximum amount of ₹1.5 million (~$17,963.4) + GST.</p>


Daily News Wrap-Up: NCRTC Invites Bids for 4.9 MW Rooftop Solar Project


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					</table><p>The Jaipur Division of <a href="https://nwr.indianrailways.gov.in/" target="_blank" rel="noopener">North Western Railway</a> has invited bids to install 7,287 kW of grid-connected rooftop solar systems atop residential buildings.</p>
<p>The contract value is ₹301.05 million (~$3.6 million).</p>
<p>The last date to submit the bids is August 2, 2024. Bids will be opened on the same day.</p>
<p>Bidders must furnish an earnest money deposit of ₹1.65 million (~$19,754).</p>
<p>The selected bidder must install the system within six months of receiving the work order.</p>
<p>The scope of work includes supplying, installing, and commissioning the grid-connected rooftop solar system with mono crystalline panels, inverters, MS hot-dipped galvanized structures, power conditioning units, junction boxes, AC and DC distribution boards, armored power and control cables, remote data monitoring system, and net metering.</p>
<p>Bidders should have completed three similar works, each costing at least 30% of the contract value, or two similar works, each costing at least 40% of the contract value, or one similar work costing not less than 60% of the contract value during the last seven years.</p>
<p>A similar nature of work here refers to the supply, erection, testing, and commissioning of rooftop solar systems, both off the grid and on the grid, with or without battery backup, for general use or street lights.</p>
<p>Bidders must have a minimum average annual contractual turnover of V/N or V, whichever is less, where V is the value of the tender in crores of rupees and N is the number of years prescribed for the completion of the work for which bids have been invited.</p>
<p>The annual contractual turnover will be calculated as the average total payments over the previous three financial years.</p>
<p>The Prayagraj Division of North Central Railway recently <a href="https://www.mercomindia.com/north-central-railway-7-mw-rooftop-solar/" target="_blank" rel="noopener">floated</a> two tenders to install 7 MW of grid-connected rooftop solar power systems.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> for timely updates on all solar tenders issued by various agencies in India.</p>


North Western Railway Invites Bids for 7 MW Rooftop Solar Systems


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					</table><p>The Jodhpur division of <a href="https://nwr.indianrailways.gov.in/" target="_blank" rel="noopener">North Western Railway</a> has floated a tender for 1,074 kW grid-connected rooftop solar power systems at various service buildings and gates.</p>
<p>The last day for the submission of bids is July 22, 2024.</p>
<p>The scope of the work includes the setup, testing, and activation of on-grid solar power systems in the Jaipur Division. This includes a wall-mounted inverter, SPV array, module mounting structure, power conditioning unit, controls, protections, interconnecting cables, switch gears, and necessary features to support grid power.</p>
<p>The systems will have a power factor greater than 0.95 and operate within a temperature range of -5 to +55 degrees Celsius. They will also include a solar meter and a government-approved net meter.</p>
<p>The project&#8217;s estimated cost is ₹44.6 million (~$534,227).</p>
<p>Bidders must pay an earnest money deposit of ₹373,300 (~$4,471).</p>
<p>The work must be completed in six months to complete the project.</p>
<p>Bidder must have a minimum average annual contractual turnover of V/N or V, whichever is less, where V is the advertised value of the tender in crores of rupees and N is the number of years prescribed for the completion of the work for which bids have been invited.</p>
<p>The average annual contractual turnover will be calculated as the average of the &#8220;total contractual payments&#8221; over the previous three financial years.</p>
<p>Bidders should have completed or substantially completed any of the following within the last seven years, ending on the last day of the month before the one in which the tender is invited:</p>
<ul>
<li>Three similar works, each costing no less than 30% of the advertised value of the tender.</li>
<li>Two similar works, each costing no less than 40% of the advertised value of the tender.</li>
<li>One similar work costing no less than 60% of the advertised value of the tender.</li>
</ul>
<p>The similar nature of work here refers to the supply, erection, testing, and commissioning of a solar power project with or without battery backup.</p>
<p>Last December, North Western Railways <a href="https://www.mercomindia.com/railway-invites-rooftop-solar-projects-in-jaipur" target="_blank" rel="noopener">floated</a> tenders to install 2.8 MW grid-connected rooftop solar projects across the station and non-station buildings.</p>
<p>The Jaipur division also <a href="https://www.mercomindia.com/railways-bids-rooftop-solar-projects-in-jaipur" target="_blank" rel="noopener">invited</a> bids to implement 1 MW rooftop solar projects on a design, build, finance, operate, and transfer basis.</p>
<p>Subscribe to Mercom&#8217;s <a href="https://www.mercomindia.com/product/india-solar-tender-tracker" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of tender activity in real-time.</p>


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