Avaada Energy wins 250 MW solar-wind hybrid tender with $0.042/kWh bid


From pv magazine India

Avaada Energy, a unit of Avaada Group, said this week that it has won a 250 MW solar-wind hybrid power project in a 1 GW tender issued by NTPC.

It won the capacity with a competitive tariff of INR 3.47 ($0.042)/kWh. The project can be set up anywhere in India and must connect to the ISTS, ensuring seamless energy delivery across regions.

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The project completion period is 24 months. It will supply power under a 25-year power purchase agreement to be signed with NTPC.

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