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Tata Power Trading Company Invites EOIs for 500 MW Renewable Energy Power Procurement
TPTCL has invited EOIs for the procurement of up to 500 MW of renewable energy power, encompassing solar, wind, hybrid RE, and hydro energy, as well as green attributes.
January 04, 2025. By Abha Rustagi
Tata Power Trading Company Limited (TPTCL), a subsidiary of Tata Power, has invited Expressions of Interest (EOIs) for the procurement of up to 500 MW of renewable energy (RE) power, encompassing solar, wind, hybrid RE, and hydro energy, as well as green attributes. Contracts will extend for periods of up to 25 years, offering stability and sustainability to participating entities.
With India's rapid economic growth and a shift towards renewable energy, the demand for sustainable power solutions is rising. Regulatory and statutory requirements further incentivise utilities and commercial and industrial (C&I) clients to transition from conventional to renewable energy sources. In response, TPTCL aims to provide firm generation tariffs from RE sources to address price uncertainties linked to coal and gas.
Participation is open to utilities, single companies, or groups of companies registered in India with valid CIN, GSTIN, and PAN. The net worth of the Participant should be a minimum of INR 10 Crores. Further based on the power requirement the net‐worth for the past 3 financial years should be as follows:
With India's rapid economic growth and a shift towards renewable energy, the demand for sustainable power solutions is rising. Regulatory and statutory requirements further incentivise utilities and commercial and industrial (C&I) clients to transition from conventional to renewable energy sources. In response, TPTCL aims to provide firm generation tariffs from RE sources to address price uncertainties linked to coal and gas.
Participation is open to utilities, single companies, or groups of companies registered in India with valid CIN, GSTIN, and PAN. The net worth of the Participant should be a minimum of INR 10 Crores. Further based on the power requirement the net‐worth for the past 3 financial years should be as follows:
Participants are required to submit their EOI applications in soft copy to the designated email addresses. The EOI process commenced on December 30, 2024, with the last date for seeking clarifications set as January 10, 2025. Interested parties must ensure their applications are complete and submitted before the final deadline on January 31, 2025.
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