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Daily News Wrap-Up: Railways’ Tender to Procure 695 MW RTC Renewable Power

MERC directs bank guarantees of two solar developers to be released

January 12, 2024

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REMC Limited has invited bids to procure 695 MW of round-the-clock power from grid-connected renewable energy projects with or without storage to operate in tandem with existing 500 MW Ircon Renewable Power (IRPL) and 195 MW Rewa Ultra Mega Solar (RUMSL) solar projects. The proposed RTC power supply will include the existing supply from the IRPL and RUMSL solar projects. The selected project developer will only supply power for the time blocks where power is not available from these existing projects and fulfill the annual and time block availability. Bidders must submit separate bids for the two tandem projects.

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