Oriana Power Ltd has emerged as the winning bidder in Solar Energy Corp. of India’s (SECI) third e-reverse auction for green ammonia by quoting a tariff of INR 52.25/kg ($600/tonne) for 60,000 metric tonnes per annum (MTPA).
NTPC Renewable Energy Ltd has emerged as the successful bidder in the e-reverse auction conducted by the Solar Energy Corp. of India (SECI) for the full green ammonia capacity of 70,000 metric tonnes per annum. It secured this capacity at a price of INR 51.80 per kg.
Green hydrogen serves as a foundational pillar to pursue industrial, macro-scale decarbonisation and developing more sustainable energy system for the future.
New battery projects commissioned in 2025 could deliver internal rates of return (IRR) of 17% by operating in power exchanges, owing to falling upfront costs and rising revenue potential, says the Ember report.
Larsen & Toubro’s renewables business vertical has secured the engineering, procurement and construction (EPC) contract for the development of a grid-connected 116 MW AC solar PV plant integrated with a 241 MWh battery energy storage system (BESS) in Bihar.
ACME Group will supply 75,000 metric tonnes of green ammonia for a period of ten years to Paradeep Phosphates Ltd, one of India’s largest chemicals and fertilizer companies, at their facility in Paradeep, Odisha.
A recent report by SBICAPS projects that India will add 30 GW of energy storage capacity (battery storage, pumped storage, etc) through standalone and firm and dispatchable renewable energy (FDRE) projects by June 2027. This would bring the country’s total storage capacity to 36 GW—far exceeding the projected demand of around 24 GW, and possibly leading to oversupply.
Given that global steel demand is projected to grow by 32% by 2050, largely driven by infrastructure expansion and industrial development, the need to decouple steel production from carbon emissions is both urgent and complex. Here is where hydrogen, particularly green hydrogen, emerges as a powerful catalyst for change.
The Solar Energy Corp. of India (SECI) has achieved a record-low price of INR 55.75 per kg (around $641 per tonne) for green ammonia in its first-ever auction under the National Green Hydrogen Mission’s SIGHT Scheme (Mode 2A).
Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.
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