Greenko Group has emerged as the lowest bidder in the 3,000 MWh energy storage tender floated by NTPC Renewable Energy Limited (NTPC REL).
Italy-based Enel Group’s Indian arm Enel Green Power (EGP), JSW Neo Energy Limited, Hinduja Renewables Energy Private Limited, HES Infra Private Limited, and India Grid Trust (IndiGrid) were among the other companies that bid in the auction. Greenko’s lowest bid was for Rs 5 per kWh on a single cycle per day basis, with effective storage charges to be far lower than Rs 2.5 per kWh. Bid values were as high as 216 per cent, made by Hinduja Renewables Energy Private Limited and as low as 0 per cent and 12.50 per cent made by Greenko Group.
Tags: Enrel, Greenko Group, JSW Neo Energy, NTPC
Recent Posts
Cavotec Secures €1.55 Million Shore Power Contract for Port of Antwerp-Bruges
APM Terminals and SANY Marine sign landmark agreement to accelerate decarbonisation
The Port of Gothenburg takes big step towards shore power connection for container and car/RoRo vessels
Alfa Laval secures order for the world’s first marine boiler system for ammonia waste incineration
ICAR-CIFT Mumbai Launches “Vikalpika” – India’s First Electric Fishing Vessel
IMO leads global shipping toward NetZero transition with new regulations
MPA and Bureau Veritas Renew Partnership to Advance Maritime Digitalisation, Decarbonisation, and Talent Development
RINA Grants AIP for Dual Fuel LNG/Hydrogen-Powered Ultramax Bulker Design Developed by Almi Marine Management S.A. and SDARI