Indian renewables-plus-storage tender secures power for $0.038/kWh


The Solar Energy Corporation of India has concluded its 400 MW ‘round-the-clock’ renewables tender to supply 24-hour electricity.

With bids received for almost 950 MW of generation capacity, Haryana-based developer ReNew Power secured both projects by agreeing to accept INR2.90/kWh ($0.0382315) generated. The tariff will increase by 3% per year for the first 15 years of the 25-year power supply deal secured by ReNew before becoming a fixed payment.

Popular content

To read the full story, please visit our pv magazine India site.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: