Project Award Details
Ayana Renewable Power Private Limited (Ayana), a wholly owned subsidiary of ONGC NTPC Green Private Limited, has been awarded a 193 MW wind power project. The project was secured through a competitive bidding process followed by e-reverse auction conducted by Madhya Pradesh Power Management Company Limited (MPPMCL).
Tender Specifications
The tender was for "Purchase of 800 MW Wind Power Through Competitive Bidding Process Followed By e-Reverse Auction from Projects Setup Anywhere in India with 'Greenshoe Option' of Additional Capacity Upto 100% (800 MW)".
Contract Terms
- Awarded Capacity: 193 MW
- Tariff: ₹4.17 per kWh
- Auction Conclusion Date: 30th June 2026
- Bidder: Ayana Renewable Power Private Limited
Corporate Structure
Ayana Renewable Power Private Limited is a wholly owned subsidiary of ONGC NTPC Green Private Limited, which is a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited.
Geographic Scope
The wind power project can be set up anywhere in India as per the tender conditions, providing flexibility in project location selection.