PFC Consulting allocates 1.25 GW of solar for $0.030/kWh


PFC Consulting Ltd, an arm of Power Finance Corp, has declared the winners of its 1.25 GW solar tender. Three developers have emerged in the procurement exercise which yielded the final average price of INR 2.53-2.54 ($0.030-0.031)/kWh.

NTPC Renewable Energy secured the biggest slice of 900 MW at INR 2.53/kWh. Acme Cleantech won 300 MW at INR 2.53/kWh. Solarcraft secured 50 MW at INR 2.54/kWh.

The winners will develop solar projects, connected to the interstate transmission grid, on a build-own-operate basis in India.

The capacity is to be developed under the Scheme for flexibility in the generation and scheduling of thermal/hydro power stations through bundling with renewable energy and storage power.


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: