Adani Electricity Mumbai to procure 1,500 MW of RTC power

Adani Electricity Mumbai Limited (AEML) has, reportedly, invited long term bids for the procurement of 1,500 MW (750 MW + additional 750 MW under green shoe option) of power from grid connected renewable energy power projects, complemented with firm power from any other source in India on round-the-clock (RTC) basis through competitive bidding process.

The projects will be on build, own, and operate basis. AEML will sign a ten-year agreement with the chosen bidder. The final date to submit the bids is February 1, 2023, and the bids opening date will be February 3, 2023.