From pv journal India

GUVNL has allotted 500 MW of photo voltaic capability at a mean value of INR 2.7 ($0.032)/kWh below its 500 MW Phase XXIV tender, with an choice for an extra 500 MW.

KPI Green quoted the bottom value of INR 2.67/kWh, securing its whole bid-out capability of 120 MW. Avaada will get 200 MW at INR 2.68/kWh, and BluPine Energy 40 MW at INR 2.69/kWh. Hinduja Renewable Energy acquired 130 MW and NRC Industries 10 MW at INR 2.72/kWh every.

The profitable builders can arrange their grid-connected initiatives wherever in India to produce electrical energy to GUVNL below energy buy agreements (PPAs) for 25 years.

“The PV modules utilized in these solar energy vegetation have to be assured for peak output wattage, which should not be lower than 90% on the finish of 10 years and 80% on the finish of 25 years from the date of start-of-supply of the venture,” mentioned the tender doc.

Developers should eliminate all PV modules as per the e-waste (Management and Handling) Rules, 2011, on the finish of their life.

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