NTPC Limited has declared the results of its auction for 1.2 GW of solar power projects, which included an additional greenshoe option of 600 MW.
The six companies emerged as winners in this tender, collectively securing 916 MW of capacity. The remaining capacity can be allocated under the greenshoe provision. Bharat Petroleum Corporation Limited secured 150 MW at the lowest tariff of Rs 2.55 per kWh, Onward Solar Power won 50 MW at Rs 2.59 per kWh, while ReNew Solar Power was allocated 300 MW at Rs 2.60 per kWh. Illuminate Hybren also secured 120 MW at the same tariff. Adyant Enersol Private Limited, was awarded 100 MW, also at Rs 2.60 per kWh. Dinesh Chandra R Aggarwal Infracon received a 96 MW project at a slightly higher tariff of Rs 2.70 per kWh.
