Home › Business ›Vismaya Renewables, Purvah Green, Hexa Climate, Sprng Energy Win CESC’s 600 MW Wind-Solar Auction
Vismaya Renewables, Purvah Green, Hexa Climate, Sprng Energy Win CESC’s 600 MW Wind-Solar Auction
Vismaya Renewables India Project, Purvah Green Power, Hexa Climate Solutions, and Sprng Energy have emerged as winners in CESC’s 600 MW ISTS-connected wind-solar hybrid auction, securing capacities at tariffs between INR 3.74–3.75/kWh.
February 26, 2026. By Mrinmoy Dey
CESC’s auction to set up 600 MW ISTS-connected wind-solar hybrid power projects has discovered an L1 tariff of INR 3.74/kWh.
Vismaya Renewables India Project, a subsidiary of UPC Renewables, emerged as the L1 bidder and was awarded 100 MW at a tariff of INR 3.74/kWh.
Purvah Green Power and Hexa Climate Solutions secured 300 MW and 100 MW, respectively, at a tariff of INR 3.75/kWh.
Sprng Energy bagged 100 MW of the quoted capacity of 200 MW, at a tariff of INR 3.75/kWh, under the bucket-filling method.
The tender was floated in November 2025.
CESC will now enter into PPAs with the winning bidders, which shall be valid for a period of 25 years.
Identification of land, installation and ownership of the project, along with obtaining connectivity and necessary approvals and interconnection with the ISTS network for supply of power to CESC, will be under the scope of the bidder.
Developers must use type-certified wind turbine models listed in the Approved List of Models and Manufacturers (Wind) for the wind projects. For the solar projects, the modules must be included in ALMM List-l and the cells used in the modules must be included in ALMM List-II.
The declared annual Capacity Utilisation Factor (CUF) must not be less than 50 percent for any of the year during the term of the PPA.
The developer must install and maintain GPS enabled Automatic Weather Station (AWS).
Vismaya Renewables India Project, a subsidiary of UPC Renewables, emerged as the L1 bidder and was awarded 100 MW at a tariff of INR 3.74/kWh.
Purvah Green Power and Hexa Climate Solutions secured 300 MW and 100 MW, respectively, at a tariff of INR 3.75/kWh.
Sprng Energy bagged 100 MW of the quoted capacity of 200 MW, at a tariff of INR 3.75/kWh, under the bucket-filling method.
The tender was floated in November 2025.
CESC will now enter into PPAs with the winning bidders, which shall be valid for a period of 25 years.
Identification of land, installation and ownership of the project, along with obtaining connectivity and necessary approvals and interconnection with the ISTS network for supply of power to CESC, will be under the scope of the bidder.
Developers must use type-certified wind turbine models listed in the Approved List of Models and Manufacturers (Wind) for the wind projects. For the solar projects, the modules must be included in ALMM List-l and the cells used in the modules must be included in ALMM List-II.
The declared annual Capacity Utilisation Factor (CUF) must not be less than 50 percent for any of the year during the term of the PPA.
The developer must install and maintain GPS enabled Automatic Weather Station (AWS).
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