Coal fired gencos face stiff competition from RE

Coal fired gencos face competition from RE www.infralive.com 33 Infra LIVE April 15, 2020 Table-1: Results of Solar Bids in the last six months Project Month Bidder/Developer Capacity (MW) Rs/kWh Average GUVNL Phase-VIII Solar Auction for 350 MW of Solar Projects Mar 2020 Vena Energy 40 2.61 2.63 Juniper Green Energy 190 2.63 Tata Power 120 2.64 MSEDCL: Phase-V 500 MW Intra State Solar PV Projects Mar 2020 Avaada 250 2.90 2.90 Tata Power 100 2.90 GUVNL: Phase- VIII 500 MW Solar PV Projects Mar 2020 Tata Power 200 2.65 2.65 Juni per Green 190 2.65 Vena Energy 40 2.65 SECI 1.2 GW ISTS Tranche VIII Feb 2020 SB Energy (Soft Bank) 600 2.50 2.50 AMP Energy Green 100 2.50 EDEN Renewable 300 2.50 ReNew Power 200 2.51 UPNEDA 500 MW Solar Tender: 184 MW Feb 2020 NV Vogt Singapore (IB Vogt) 50 3.17 3.18 Al-Jomaih and Jakson 1 50 3.18 Al-Jomaih and Jakson 2 50 3.18 Vijay Printing Press 25 3.18 Talettutayi Solar 8 (SolarArise) 9 3.18 SECI: ISTS Tranche-VII 1.2 GW RE Peak Power Supply (with battery) Jan 2020 Greenko 900 4.04 4.11 ReNew Power 300 4.30 NHPC: ISTS T-1- 2 GW Solar PV Projects Jan 2020 ReNew Power 600 2.78 2.78 SoftBank 600 2.78 Avaada Renewables 600 2.78 Tata Power 300 2.78 02 Power 380 2.78 Brookefield (Axis Energy Hyd) 400 2.78 AMP Solar 300 2.78 NTPC 300 2.78 EDEN 300 2.78 SECI: ISTS T-VII- 1.2 GW RE Peak Power Supply Jan 2020 Greenko Group 900 2.70 2.70 ReNew Power 600 2.70 HES Infrastructure 120 2.70 SECI: 7 GW ISTS Solar Projects Linked with 2 GW Solar Module Manufacturing Facility Jan 2020 Azure Power 2,500 2.92 2.92 Adani Green Energy 2,500 2.92 UPNEDA-500 MW Solar Tender Jan 2020 Jakson Ltd 100 3.25 3.25 Talettutayi Solar (Solar Arise) 50 3.25 lb Vogt Solar India 50 3.25 Vijaya Printers 25 3.25 ATA Renewable 7 3.25 MSEOCL: 500 MW ISTS Phase IV Dec 2019 Juniper Green Energy Pvt Ltd 150 2.89 2.90 Maharashtra State Power Genco 350 2.90 SECI: 1.2 GW ISTS-VI Oct 2019 ReNew Power 300 2.71 2.71 Avaada Energy 300 2.71 Masaya Solar Energy 300 2.71 Tata Power 60 2.71 Average (excluding SECI's project highlighted above) 2.83