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Friday, July 6, 2018

Solar Buzz: Tender Results For 750 MW Grid Connected Solar PV Projects in Kadapa Solar Park, Andhra Pradesh

The Solar Energy Corporation of India (SECI) has auctioned 750 MW of grid-connected solar photovoltaic (PV) capacity to be developed at the Kadapa Solar Park in the state of Andhra Pradesh.The capacity was tendered by SECI in January 2018 under the NSM Phase-II Batch-IV Tranche-XV.
 
Results for 750 MW Solar Projects, Kadapa Solar Park
Developer
Capacity (MW)
Quoted Bid (Rs/ kWh)
SB Energy Seven Pvt Ltd
250
2.70
Sprng Saura Kiran Vidyut Pvt Ltd
250
2.70
Ayana Renewable Power Pvt Ltd
250
2.71
ACME Solar Holding Ltd
250
2.71
Fortum Solar India Pvt Ltd
250
 2.79 

SB Energy Seven Private Limited quoted the L1 tariff to develop 250 MW. ACME Solar and Fortum  quoted a tariff of ₹2.71 (~$0.0394)/kWh and Fortum quoted a tariff of ₹2.79 (~$0.040)/kWh to develop 250 MW each but could not win the auction.

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