StockWatch
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Power Generation
Deals30 Jun 2026, 09:10 pm

Ayana Renewable Power Wins 193 MW Wind Project in MPPMCL Tender

AI Summary

Ayana Renewable Power Private Limited, a subsidiary of ONGC NTPC Green Private Limited (a JV between NTPC Green Energy and ONGC Green), has successfully bid for a 193 MW wind power project. The project was awarded through an e-reverse auction conducted by Madhya Pradesh Power Management Company Limited (MPPMCL) as part of a larger tender for 800 MW. Ayana secured the capacity at a tariff of ₹4.17/kWh. This win is significant as it expands the renewable energy portfolio of the NTPC and ONGC joint venture.

Key Highlights

  • Ayana Renewable Power secures 193 MW wind project capacity.
  • Project awarded via MPPMCL e-reverse auction at ₹4.17/kWh.
  • Subsidiary of NTPC Green Energy and ONGC Green JV wins bid.
  • Expands renewable energy generation capacity.