ACME Solar wins 130 MW RTC tender
Change
ACME Solar Holdings won 130 MW in REMCL's round‑the‑clock renewable energy e‑reverse auction with a bid of Rs 4.35 per unit.
Why it matters
REMC Ltd conducted a 1,000 MW round‑the‑clock renewable energy e‑reverse auction. ACME Solar secured 130 MW with a bid of Rs 4.35 per unit. Indian Railways will procure power through direct power purchase agreements with winning bidders. Suppliers must deliver renewable energy complemented by dispatchable sources and/or energy storage from ISTS‑connected projects to provide firm round‑the‑clock power per tender obligations.
Implications
- • Winning suppliers must integrate dispatchable generation or energy storage to satisfy firm 24/7 delivery clauses.
- • Supplied power must come from ISTS‑connected projects as specified in tender obligations.
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