Adani wins 3 Gw in 5 projects at Andhra Solar auction, NTPC gets 600 Mw

Lowest bid discovered at Rs 2.47/unit for 6.4 Gw tender

Adani Green Energy ltd (AGEL) won five mega solar power projects of 600 megawatt (Mw) each in the bidding held by Andhra Pradesh Green Energy Corporation Ltd (APGEC) for awarding 6.4 Gw of ultra mega solar projects. 

State-owned NTPC ltd won 600 Mw in the auction quoting the lowest tariff of Rs 2.48 per kWh (unit). 

The lowest tariff discovered in the whole auction process was Rs 2.47 per unit by Torrent Power for a 300 MW solar project. 

AGEL quoted tariff in the range of Rs 2.49-2.58 per unit for the five projects, winning half the capacity offered by