Tariffs saw a modest rise at the latest auction of solar projects conducted by Solar Corporation of India (SECI), its first since last July.
The reverse auction of 1200 MW saw four winners, each winning 300 MW. ReNew Power’s bid was the lowest, offering to supply electricity at Rs 2.55 per unit, followed by Azure Power at Rs 2.58. Eden Renewable quoted Rs 2.60 per unit and SoftBank-backed SB Energy, Rs 2.61.
In the previous SECI auction held in July 2018, the lowest bid had been Rs 2.44 per unit, which remains the all-time low. Read more
Latest posts by ET Energy World (see all)
- RE-Invest becomes Sun-World with launch of global editions - April 20, 2019
- PLC Unit To Sell Two Wind Farm Projects To Enel Green Power - April 19, 2019
- ONGC to spend Rs 2,393 crore in drilling 145 wells in Cambay basin in Gujarat - April 19, 2019