NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh


NTPC has concluded its 1.5 GW interstate transmission grid (ISTS) connected wind-solar hybrid (Tranche-IV) tender with an average tariff of INR 3.30 ($0.040)/kWh. ABC Cleantech (Axis Energy) won the biggest slice of 750 MW by quoting the lowest tariff of INR 3.27/kWh. Juniper Green Energy secured 300 MW at INR 3.29/kWh. The balance capacity was allocated to ReNew (300 MW) and ACME Cleantech (150 MW) at INR 3.32/kWh each.

The winning developers will set up the projects on a build-own-operate (BOO) basis. The projects can be located anywhere in India and must connect to the interstate transmission grid.

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