Ayana Renewable Power Private Limited, a subsidiary of ONGC NTPC Green Private Limited, has secured a 193 MW wind power project in Madhya Pradesh Power Management Company Limited’s (MPPMCL) 800 MW wind power auction. The company won the project at a tariff of ₹4.17 per kWh following the e-reverse auction conducted on June 30, 2026.
ONGC NTPC Green Private Limited, a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited, announced that its subsidiary Ayana emerged as the successful bidder under MPPMCL’s competitive bidding process. The award was made in accordance with the Request for Selection (RFS) conditions issued for the tender.
MPPMCL had floated the 800 MW wind power tender in June 2025, with an additional Greenshoe option allowing capacity expansion of up to 100%, or another 800 MW. The tender was issued for procuring wind power through competitive bidding followed by an e-reverse auction from projects established anywhere in India.
The auction was conducted on behalf of Madhya Pradesh’s three distribution companies — Madhya Kshetra Vidyut Vitaran Company Limited, Poorv Kshetra Vidyut Vitaran Company Limited, and Paschim Kshetra Vidyut Vitaran Company Limited. The procurement initiative aims to support the state’s Renewable Purchase Obligation (RPO) targets and meet future electricity demand.
Under the tender conditions, successful bidders will be responsible for identifying land, developing and owning the wind project, securing required approvals, and arranging connectivity with either the Interstate Transmission System (ISTS) or Intrastate Transmission System (InSTS), depending on the project location.
For ISTS-connected projects, MPPMCL considered applicable transmission charges and losses while evaluating bid competitiveness. Projects connected through the InSTS route must be located within Madhya Pradesh.
The tender required bidders to offer a minimum contracted capacity of 50 MW for ISTS-connected projects and 10 MW for InSTS-connected projects, with a maximum bid capacity of 400 MW. An additional 400 MW capacity could be awarded under the Greenshoe option.
The selected wind projects must maintain a minimum Capacity Utilisation Factor (CUF) of 22% throughout the project period. Energy supply is required to remain within 80% to 120% of the declared or revised CUF during the Power Purchase Agreement (PPA) term, with provisions for relaxation in force majeure situations.
The project win strengthens Ayana’s renewable energy portfolio and supports India’s growing focus on expanding wind power capacity to meet clean energy targets.
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