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Renewable projects in India | |
The 100 MW ISTS-connected wind-solar hybrid tender floated by NVVN continues to stretch bidder patience, having undergone over 21 bid extensions since its initial announcement. Originally set to close in July 2024, the tender now carries a revised submission deadline of 7 August 2025. This prolonged timeline makes it one of the most extended bidding processes among recent renewable projects in India. Despite the inordinate delay, the core scope of the project has remained consistent: developers are to install and operate a wind-solar hybrid plant with interstate transmission connectivity, located anywhere in India. This open geography was intended to attract flexible bids and leverage regional resource complementarities. However, industry insiders point to persistent challenges with land aggregation, transmission corridor access, and tariff viability amid commodity price volatility. These have compounded risks for developers and led to cautious engagement. The tender’s structure—a tariff-based competitive bidding process with a long-term PPA underwritten by NVVN—offers strong offtake security, making it attractive on paper. Yet the repeated extensions suggest a mismatch between risk appetite and actual project execution constraints on the ground. Many bidders view the hybrid format as central to the future of renewable projects in India, particularly as the government pushes for round-the-clock (RTC) renewable energy supply. This case underscores the practical hurdles in translating policy targets into bankable action, especially for hybrid renewable projects in India. As India continues to scale up its RE capacity to meet 2030 targets, lessons from this 100 MW bid could inform structuring of future renewable projects in India, particularly where hybrid formats and ISTS connectivity intersect. Despite delays, the tender remains a litmus test for the evolving dynamics of renewable projects in India, Renewable Energy India, Solar India, Wind Energy India, Green Hydrogen India, Energylineindia. #RenewableEnergyIndia #SolarIndia #WindEnergyIndia #GreenHydrogenIndia #Energylineindia | |
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| Target State: All States Target City : New Delhi Last Update : Jul 15, 2025 12:41 AM Number of Views: 4 | Item Owner : enerylineindia Contact Email: Contact Phone: 00 |
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2025-07-15 (0.651 sec)