NHPC’s Solar Auction Achieves Record-Breaking Tariffs
NHPC's auction for 1,200 MW ISTS Solar Projects achieved highly competitive tariffs of ₹2.56 to ₹2.57 per kWh. Major winners included Avaada Energy, Mahindra Susten, Essar Renewables, Jevargi Solar (Rays Infra), and OnWard Solar Power, with bids reflecting a trend of decreasing Solar Energy costs in India. This outcome supports India's Renewable Energy goals & highlights intense sector competition
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