Daily News Wrap-Up: NTPC, SECI Surpass Renewable Tender Targets for FY24

Solar projects in SEZs catering to green hydrogen plants exempt from ALMM

May 29, 2024

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In the first year after setting renewable energy bidding targets, the implementing agencies designated by the Ministry of New and Renewable Energy exceeded their goal of bidding out 50 GW of solar, hybrid, wind, and round-the-clock projects, moving closer to the 200 GW target by 2028. Solar Energy Corporation of India, NTPC, NHPC, and SJVN collectively issued 53.32 GW of renewable energy tenders, or 6.6% more than the target of 50 GW.

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