SAEL Industries, NTPC, and BluPine Energy emerged as winners in Solar Energy Corp. of India (SECI) newest public sale for 500 MW of photo voltaic capability, at a mean value of INR 2.48 ($0.030)/kWh.

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From pv journal India

SECI has allotted 500 MW of related photo voltaic capability at a mean value of INR 2.48/kWh.

The winners embrace SAEL Industries (250 MW), NTPC (200 MW), and BluPine Energy (50 MW).

Developers put up tasks on a build-own-operate (BOO) foundation. The tasks could be situated anyplace in India and should be related to the interstate transmission grid.

SECI will signal 25-year energy buy agreements (PPAs) with profitable bidders. The energy will probably be offered to varied buying entities in India.

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