India's round-the-clock renewables tender attracts lowest bid of $0.055/kWh

The Solar Energy Corp. of India (SECI) has discovered a lowest tariff of INR 5.25 ($0.055)/kWh in its tender to procure 1 GW of firm and dispatchable renewable energy (FDRE) on a round-the-clock (RTC) basis from ISTS-connected renewable energy projects. Kengeri Prime Solar (180 MW), Resolven Four Energy (150 MW), Hexa Climate Solutions (150 MW), Hero Solar Energy (120 MW), EMIF II Holding (100 MW), and Purvah Green Power (70 MW) quoted the lowest tariff of INR 5.25/kWh. SECI awarded the remaining capacity to Juniper Green at INR 5.26/kWh. The tender requires developers to set up renewable energy ...

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