Acme Solar, Essar Renewables, NTPC Renewable Energy, Onward Solar, and SAEL Industries have received SJVN’s newest tender for builders for 1.2 GW of photo voltaic throughout India.

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From pv journal India

SJVN’s newest tender to pick out builders for 1.2 GW of photo voltaic initiatives throughout India resulted in a median tariff of INR 2.52 ($0.030)/kWh.

Acme Solar, Essar Renewables and SAEL Industries procured 300 MW every at INR 2.52/kWh. Solar continues to win 100 MW. NTPC, which bid for 400 MW at a worth of INR 2.53/kWh, received 200 MW.

Successful builders will arrange photo voltaic initiatives on a build-own-operate foundation.

The initiatives could be positioned anyplace in India and should be linked to the interstate transmission system. SJVN will signal energy buy agreements (PPAs) with profitable bidders for the acquisition of electrical energy for a interval of 25 years. The energy generated by SJVN from these initiatives will likely be offered to varied procurement entities in India.

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