The company recently bagged a total capacity of 480 MW in Gujarat, including 200 MW wind and 280 MWp solar. Its 338 MWp solar project at Kadapa Solar Park in Andhra Pradesh has also gone live.
French President, Emmanuel Macron, and Indian Prime Minister, Narendra Modi both inaugurated Engie’s 75 MW PV plant on March 12, 2018, in Mirzapur, Uttar Pradesh. On the occasion, France-based Engie also announced the status of another two PV, and two wind projects.
Despite the 250 MW solar project securing a record low bid of INR 3.15 ($ 0.05)/kWh in April, Andhra Pradesh refused to buy the generated power, after tariffs fell further in subsequent auctions. This decision has now been rescinded, according to The Economic Times, with the affected parties having reached a compromise.
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