Tata Power-D Invites Bids For 250 MW Firm Renewable Energy Projects With Storage Under Competitive Bidding

Tata Power-D has released a Request for Selection (RfS) on April 29, 2025, inviting bids for the supply of 250 MW Firm and Dispatchable Renewable Energy (FDRE) power from grid-connected renewable energy projects equipped with Energy Storage Systems (ESS). The project will be implemented under a Tariff-Based Competitive Bidding process.

The selection process aims to support India’s renewable energy goals by ensuring reliable, round-the-clock green power through a Build-Own-Operate (BOO) model. The selected developers will enter into a 25-year Power Purchase Agreement (PPA) with Tata Power-D.

Bidders must propose a minimum capacity of 50 MW and can go up to the full 250 MW. However, for projects located in the North-Eastern States or connected to Maharashtra’s Intra-State Transmission System (InSTS), the minimum bid capacity is 25 MW. Bids must be submitted in multiples of 10 MW.

To participate, bidders must pay a non-refundable RfS document fee of ₹25,000 plus 18% GST and a bid processing fee of ₹2 lakh plus 18% GST per project. These payments must be made via NEFT or RTGS.

The EMD must be valid for 12 months from the last date of online bid submission. Micro, Small, and Medium Enterprises (MSMEs) registered with NSIC/DIC/Udyog Aadhar are exempted from EMD.

Important dates to note include: Pre-bid meeting: May 16, 2025, at 2:00 PM in Mumbai, Last date for online bid submission: June 4, 2025, by 5:00 PM, Last date for hard copy submission: June 6, 2025, by 2:00 PM, Opening of technical bids: June 6, 2025, at 3:00 PM, and Opening of financial bids and e-reverse auction: To be announced to qualified bidders.

The bidding process will be conducted online through the ISN-ETS portal. Only registered bidders on this platform will be allowed to participate. Tata Power-D reserves the right to cancel or modify the bidding process at any stage.

This initiative aligns with the government’s strategy to improve grid reliability, reduce dependence on fossil fuels, and promote sustainable energy development in India.