IMW SOLAR AWARDS

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FEATURED

India’s Tax Cuts: A Game Changer for Clean Energy Tariffs
September 5, 2025
Ørsted’s $9bn Strategy: A Bold Move for Financial Stability
September 5, 2025
How to Modernize France’s Power Grid Effectively
September 5, 2025
$Summary: — ## 📌 Overview * **RfS No.:** SECI/C\&P/MI/00/0002/2024-25 (07.06.2024) * **Scheme:** SIGHT – Mode-2A (Cost-based competitive bidding) * **Techno-commercial bids opened:** 15.07.2025 * **Financial bids opened:** 29.07.2025 * **e-Reverse Auctions:** Aug 2025 * **Letters of Award issued:** 22–04 Sept 2025 **Total cumulative capacity quoted:** \~25.22 lakh MT of Green Ammonia (GA). **Major bidders:** ACME, AM Green, Avaada, NTPC REL, Waaree, Welspun, Jakson Green (consortium), Onix, Oriana, SCC Infra + InSolare, Suryam, H2e + Hyfuels, Stockwell, Sree Green, C Doctor + Krisow. — ## 🏭 Allocation & Winning Tariffs (select highlights) ### **Project-I: IFFCO, Kandla (1,00,000 MT)** * e-RA winners: * ACME Cleantech – ₹54.73/kg * Welspun New Energy – ₹54.98/kg * AM Green – ₹55.48/kg ### **Project-II: IFFCO, Paradeep (1,00,000 MT)** * ACME – ₹49.75/kg * Avaada Green Fuels – ₹50.00/kg ### **Project-III: MFL Chennai (4,000 MT)** * Suryam International – ₹50.00/kg * H2e Power Systems – ₹51.25/kg * C Doctor – ₹55.00/kg ### **Project-IV: GNFC Bharuch (50,000 MT)** * Onix Renewable – ₹52.50/kg * ACME – ₹52.75/kg * NTPC REL – ₹60.25/kg * Waaree Clean Energy – ₹63.75/kg ### **Project-V: Paradeep Phosphates, Paradeep (75,000 MT)** * ACME – ₹55.75/kg * Avaada – ₹56.00/kg * SCC Infra + InSolare – ₹59.00/kg ### **Project-VI: Paradeep Phosphates, Zuarinagar (25,000 MT)** * ACME – ₹62.84/kg * Waaree – ₹63.09/kg ### **Project-VII: Indorama, Haldia (20,000 MT)** * ACME – ₹64.74/kg * Avaada – ₹64.99/kg * H2e Power Systems – ₹66.30/kg ### **Project-VIII: MCF, Mangalore (15,000 MT)** * SCC Infra + InSolare – ₹57.65/kg * H2e Power Systems – ₹57.90/kg ### **Project-IX: Coromandel, Vizag (50,000 MT)** * ACME – ₹51.89/kg * Avaada – ₹52.14/kg * NTPC REL – ₹54.39/kg ### **Project-X: Coromandel, Kakinada (85,000 MT)** * Jakson Green (consortium) – ₹50.75/kg * ACME – ₹51.00/kg * Avaada – ₹52.00/kg ### **Project-XI: Krishna Phoschem, Meghnagar (70,000 MT)** * NTPC REL – ₹51.80/kg * SCC Infra + InSolare – ₹52.30/kg ### **Project-XII: MBAPL-II, Sagar (60,000 MT)** * Oriana Power – ₹52.25/kg * SCC Infra + InSolare – ₹52.50/kg * ACME – ₹53.50/kg ### **Project-XIII: MBAPL-III, Dhule (70,000 MT)** * SCC Infra + InSolare – ₹53.05/kg * Waaree – ₹53.55/kg * ACME – ₹54.55/kg — ## ✅ Key Takeaways * **ACME emerged the biggest winner**, bagging multiple projects with prices ranging **₹49.75–63/kg**. * **Avaada, Waaree, NTPC REL, SCC Infra + InSolare, and H2e Power** also secured significant capacities. * **New entrants like Suryam International and Oriana Power** won in smaller tranches. * Discovered tariffs show **competitive convergence around ₹50–65/kg** for most large projects. * Allocated projects span across major fertilizer plants (IFFCO, Paradeep, GNFC, Coromandel, Indorama, MCF, MBAPL, Krishna Phoschem).$ Outcome: Request for Cost-Based Competitive Bidding to Select Green Ammonia Producers for Production and Supply of Green Ammonia in India under SIGHT Scheme (Mode-2A-Tranche-I)
September 5, 2025
Bhupender Yadav’s Vision: GST Reforms for Environmental Progress
September 5, 2025

BUSSNISS & FINNANCE

The High Stakes of JP Power Auction
September 5, 2025
How to Leverage Advanced Batteries for Storage Projects
September 5, 2025
$500K Seed Funding: A New Era for Affordable Solar Solutions
September 5, 2025
Hitachi Energy Invests ₹300 Crore for a Greener Mysuru
September 5, 2025
Transforming the Future: Waaree’s ₹192 Cr Investment in Kotsons
September 4, 2025

INDIA

Avaada Electro’s N-Type TOPCon Modules: A Game Changer at RE+ 2025
September 5, 2025
How to Navigate Solar Module Exports Amid Tariffs
September 5, 2025
India’s Bold Step: 35 Green Hydrogen Trains for a Greener Future
September 5, 2025
Unlocking Investments: The Power of GST in Renewable Energy
September 5, 2025
Chhattisgarh’s 1.3 MW Solar Tender: A Step Towards Clean Energy
September 5, 2025

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