from pv magazine India
Uttar Pradesh Power Corp. Ltd. has awarded 2 GW of solar capacity to four bidders at tariffs of INR 2.56/kWh to INR 2.57/kWh.
NTPC Renewable Energy secured the largest share, winning 1 GW at INR 2.56/kWh. ReNew also won 300 MW at this price. Adani Renewable Energy Holding Twelve, a unit of Adani Green Energy Ltd., received 400 MW, while Hindustan Power’s Fastnote Biofuels secured 300 MW, both at INR 2.57/kWh.
The developers can build projects anywhere in India, provided they connect to the interstate transmission system.
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