From pv magazine India
GUVNL has allocated 500 MW of solar capacity at an average price of INR 2.7 ($0.032)/kWh under its 500 MW Phase XXIV tender, with the option for an additional 500 MW.
KPI Green quoted the lowest price of INR 2.67/kWh, securing its full bid-out capacity of 120 MW. Avaada secured 200 MW at INR 2.68/kWh, and BluPine Energy 40 MW at INR 2.69/kWh. Hinduja Renewable Energy secured 130 MW and NRC Industries 10 MW at INR 2.72/kWh each.
The winning developers can set up their grid-connected projects anywhere in India to supply power to GUVNL under power purchase agreements (PPAs) of 25 years.
“PV modules used in these solar power plants must be warranted for peak output wattage, which should not be less than 90% at the end of 10 years and 80% at the end of 25 years from the commencement-of-supply date of the project,” said the tender document.
Developers must dispose of all PV modules according to the e-waste (Management and Handling) Rules, 2011, after their end of life.
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: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.