NHPC allocates 3 GW of solar at $0.030/kWh


NHPC has declared the winners of its tender to set up 3 GW of interstate transmission system-connected solar power projects anywhere in India. The procurement exercise was oversubscribed with bids from 15 players. The final average price came in at INR 2.52-2.53 ($0.030)/kWh.

Avaada secured the biggest slice of 1 GW. Jakson won 400 MW, Green Infra Wind Energy 300 MW, and Mahindra arm Hazel Hybren 300 MW. Other winners include Apraava Energy, Hinduja Renewable Energy, Sprng Energy, and Engie arm Solairedirect Energy India (250 MW each).


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