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 Mercom India Research.

Here is a list of the top wind-solar hybrid project tenders issued in 2024:

#1 SJVN Green Energy, a subsidiary of SJVN, invited 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.

#2 NTPC announced 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.

#3 SJVN issued 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.

#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 held in October 2024.

#5 The Solar Energy Corporation of India (SECI) issued 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.

Subscribe to Mercom’s India Solar Tender Tracker to stay on top of the real-time tender activity.