NHPC invites bids to develop up to 2.4 GW of solar capacity

The minimum project size is set at 50 MW with a minimum BESS component of 25 MW/50 MW.

NHPC invites bids to develop up to 2.4 GW of solar capacity

State-owned NHPC has launched a tender for the development of 1.2 GW of ISTS solar PV capacity with 600 MW/1,200 MWh battery energy storage systems (BESS) across India, with an additional 1.2 GW of PV capacity with BESS under a green-shoe option. Bids can be submitted until 18 October 2024.

The minimum project size is set at 50 MW with a minimum BESS component of 25 MW/50 MW. The maximum project size is set at 600 MW with a minimum ESS component of 300 MW/600 MWh. 

With the greenshoe option, for a single bidder, the cumulative capacity offered should not exceed 1.2 GW for solar PV, with a minimum ESS component of 600 MW/1,200 MWh. 

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By the end of 2023, India had installed approximately 73 GW of solar capacity and 45 GW of wind capacity, making up nearly 24% of the total installed capacity. Additionally, the hydropower capacity had reached almost 52 GW. India aims to raise its non-fossil fuel capacity to 500 GW.

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