The report “Understanding Round-the-Clock Tenders in India: The Current Context and Way Forward” has been prepared by the Institute for Energy Economics and Financial Analysis and JMK Research & Analytics. To support grid stability vis-à-vis renewable energy integration, India has been focussing on physical aggregation of capacities from multiple generation and/or storage technologies. Combining variable renewable energy with stable complementary power from conventional sources such as thermal, hydro power and/or from ESS is necessary to ensure round-the-clock (RTC) power supply.
This report examines key tender conditions applicable to the RTC-1 and 2 tenders and briefly evaluates their impact on the relevant projects and stakeholders (discoms and developers), while also analysing the tenders’ alignment with the intrinsic demand-based approach of the RTC mode of power supply. Following this, it describes prospective methodologies available to RTC power developers for setting up the relevant projects. It also discusses international projects focussed on “firming-up” renewable energy integrated power.
Download the report here