From pv magazine India
State-owned power producer NTPC has concluded an auction for 1.2 GW of wind-solar hybrid capacity connected to the interstate transmission system (ISTS) at an average price of INR 3.35 ($0.039)/kWh.
State-owned coal miner NLC India secured 450 MW with the lowest bid of INR 3.35/kWh. Enfinity Global’s EG Solwin Renewables won 300 MW, and Welspun Renewable Energy took 250 MW at the same price. Adani Renewable Energy claimed the remaining 200 MW at INR 3.36/kWh against the bid-out capacity of 600 MW.
The winning developers will build, own, and operate the projects, which can be located anywhere in India and must connect to the interstate transmission grid.
In January, NTPC auctioned 1.2 GW of wind-solar hybrid capacity at an average price of INR 3.43/kWh.
JSP Green (Jindal Renewables) secured 350 MW with the lowest bid of INR 3.38/kWh, while Adani Renewable Energy won 350 MW at INR 3.44/kWh. Green Prairie Energy (EverGreen Power) took 200 MW, and Ampin Energy and Adyant Enersol (Datta Infra) each secured 150 MW at the same price.
The developers will build, own, and operate the projects, which can be located anywhere in India and must connect to the interstate transmission system.
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.