Applications & Installations

India’s NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh

Axis Energy, Juniper Green Energy, ReNew, and Acme have emerged as winners in NTPC’s auction for 1.5 GW of wind-solar hybrid projects connected to India’s interstate transmission system (ISTS). The average price was INR 3.30 ($0.040)/kWh.

By

Uma Gupta

14 Mar 2024

2

Image: Dozemode, Pixabay

From pv magazine India

NTPC has concluded its (Tranche-IV) tender for ISTS-connected wind-solar hybrid capacity, with an average tariff of INR 3.30/kWh.

ABC Cleantech (Axis Energy) won the biggest portion of 750 MW by quoting the lowest tariff of INR 3.27/kWh. Juniper Green Energy secured 300 MW at INR 3.29/kWh. The rest of the capacity was allocated to ReNew (300 MW) and ACME Cleantech (150 MW) at INR 3.32/kWh.

The winning developers will set up the projects on a build-own-operate (BOO) basis. The projects can be located anywhere in India and must connect to the ISTS.

More about

Utility-scale

Written by

Uma Gupta
View author posts

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: [email protected].