NHPC Limited has announced the auction results of 1,200 MW solar projects with 2,400 MWh energy storage under its tranche XI auction to set up interstate transmission system-connected solar power projects.
Reliance Infrastructure, JBM Renewables, PNC Infratech, and SAEL Industries were each awarded capacities at a uniform tariff of Rs 3.13 per kWh for 390 MW, 150 MW, 300 MW, and 300 MW respectively. Navayuga Engineering Company secured 60 MW of its quoted 200 MW under the bucket-filling method at the same tariff. The tender was issued in March 2025, with a greenshoe option for an additional 1,200 MW. Projects will be developed on a build-own-operate basis and must integrate ESS with a minimum ratio of 0.5 MW/2 MWh for every 1 MW of solar capacity.
